StoryCommercial
Tokyo Electron posts record FY3/2026 sales of ¥2.44T; operating income falls 10%
TEL reported net sales of ¥2,443.5B for the year to March 2026, a record but only 0.5% higher, as AI-chip investment offset flat spending in China. Operating income fell 10.4% to ¥624.9B on higher costs, while net income rose to ¥574.5B. It guided first-half FY3/2027 sales to ¥1,570B.
- Gross margin fell 1.8 points to 45.3%.
- Overseas sales were 90.2% of the total.
- First-half FY3/2027 guidance: ¥1,570B sales, ¥431B operating income.