Disco Corporation posts strong Q2, raises interim dividend

Disco Corporation announced consolidated financial results for the second quarter of fiscal year 2025, with net sales reaching 194,537 million yen, an 8.7% increase year-over-year. Operating income grew by 3.8% to 78,871 million yen, and net income increased by 4.6% to 55,913 million yen, resulting in net income per share of 515.70 yen. Total assets were 651,394 million yen, with net assets at 517,706 million yen, and an equity ratio of 79.2%.

In a significant update for shareholders, the company announced an interim dividend of 129 yen per share for the half year ending September 30, 2025, exceeding the previous forecast of 110 yen per share and the prior year's 124 yen per share. This decision aligns with Disco Corporation's performance-linked dividend policy, targeting a payout ratio of 25% of consolidated net income for each half-year period.

For the third quarter (April 1, 2025 - December 31, 2025), consolidated net sales are forecasted at 287,100 million yen, with operating income at 111,700 million yen, and net income at 80,300 million yen. The cumulative shipment forecast for the third quarter is 309,100 million yen. The company noted challenges in predicting demand due to rapid fluctuations in customer willingness to invest in semiconductor and electronic components.