Tokyo Seimitsu raises sales, profit forecasts on strong HBM orders

Tokyo Seimitsu Co., Ltd. announced a significant upward revision to its full-year FY2026/3 sales and operating profit forecasts, attributing the change to better-than-expected orders in the first half. Sales are now projected to increase by 5.0 bn yen, and operating and recurring profits are each expected to rise by 0.5 bn yen, primarily due to strong HBM-related orders received earlier than anticipated in the SPE segment. Despite these gains, the net profit forecast was lowered by 1.2 bn yen to 20.5 bn yen due to extraordinary losses of 2.1 bn yen incurred for countermeasures against potential future defects in specific Prober products within the SPE segment.

First-half FY2026/3 sales reached a historical peak of 77.1 bn yen, an 8% increase year-over-year, with operating profit also growing. SPE segment orders surged by 19% year-over-year to 61.3 bn yen, driven by stable HPC demand and high-end demand from China, alongside the early capture of HBM-related orders for probers. Consequently, R&D and capital expenditure plans were also revised upwards by 0.5 bn yen and 1.0 bn yen, respectively, to strengthen development and expand production capacity for probers. The annual dividend projection was also raised to 222 yen/share from 214 yen/share, based on a payout ratio that excludes the extraordinary losses.