Tokyo Electron Ltd

Earnings data Q4 2024

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Tokyo Electron Ltd. engages in the development, manufacture, and sale of semiconductor production equipment and industrial electronics products for flat panel display manufacturing equipment. It operates through the following segments: Semiconductor Production Equipment (SPE), Flat Panel Display (FPD) Production Equipment and Others. The SPE segment handles the development, manufacture, service, and distribution of coaters/developers, plasma etch systems, thermal processing systems, single wafer deposition systems, cleaning systems, wafer probers, and other semiconductor production equipment. The FPD Production Equipment segment manufactures coater/developer for manufacturing flat panel display and Plasma etching/ashing device. The Others segment includes logistics, facilities management, and insurance businesses. The company was founded on November 11, 1963 and is headquartered in Tokyo, Japan.

Does Tokyo Electron Ltd. (TOELY) have what it takes to be a top stock pick for momentum investors?

Are You Looking for a Top Momentum Pick? Why Tokyo Electron Ltd.

Tokyo Electron Ltd. (TOELY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

What Makes Tokyo Electron Ltd. (TOELY) a New Strong Buy Stock

Tokyo Electron Ltd. (TOELY) is a Great Momentum Stock: Should You Buy?

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The global COVID-19 pandemic has led to a shift towards reshoring in the semiconductor industry as supply chains are disrupted and geopolitical tensions rise. Reshoring efforts are leading to increased capex spending by semiconductor companies, benefiting equipment suppliers. Japan is heavily investing in semiconductor manufacturing, with companies like Tokyo Electron, Disco Corporation, and Advantest set to benefit from the reshoring trend.

Essential Japanese Semi Companies For The Reshoring Age

Tokyo Electron benefits from the surge in demand for computing power, similar to selling shovels in a gold rush. The company's revenue drivers depend on the Capex of semiconductor companies, which is expected to increase due to AI, automotive, and IoT trends. Tokyo Electron is positioned for a significant rebound in the WFE market, expected to begin as early as 2024.

Tokyo Electron: Attractive Prospect In Anticipated WFE Market Rebound

AUSTIN, TX / ACCESSWIRE / November 6, 2023 / Tokyo Electron (TEL), a leading capital equipment manufacturer of cutting-edge semiconductor production equipment and technical service provider, hosted a cross-section of thought leaders from industry, educational institutions, the veteran community, government, and organizations throughout Central Texas for an in-person session on Friday, November 3rd to discuss the creation of training opportunities for veterans to be prepared for careers in the semiconductor industry. The event took place at the Make It Center at Austin Community College District (ACC), a nationally recognized college serving Central Texas as the primary gateway to higher education and technical training opportunities.

Tokyo Electron Hosts Event to Discuss Veteran Hiring and the Central Texas Semiconductor Industry

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Though manufacturing activity has moved geographically from the West to the East in recent history, the sector continues to play a vital role in the global economy, providing goods and services that meet the desires of consumers and businesses. However, manufacturing has also seen changes such as technological innovations and renewed geopolitical rivalries.

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Tokyo Electron's revenue is influenced by the size of the wafer fabrication equipment market, which is expected to recover in the next two years. The company continues to invest aggressively in R&D, has a strong balance sheet, and its financial results are expected to start recovering soon. While we continue to like the company's long-term growth prospects, we see shares trading close to fair value and are therefore downgrading our rating to 'Hold'.

Tokyo Electron: Growth Should Recover, But Shares Are Now Reasonably Valued (Downgrade)

Tokyo Electron Limited (OTCPK:TOELF) Q1 2024 Earnings Conference Call August 10, 2023 3:00 AM ET Company Participants Koichi Yatsuda – Vice President-Investor Relations Toshiki Kawai – President and Chief Executive Officer Hiroshi Kawamoto – Vice President and General Manager-Finance Unit Conference Call Participants Yu Yoshida – CLSA Securities Japan Shuhei Nakamura – Goldman Sachs Japan Takashi Shimamoto – Okasan Securities Kenji Yasui – UBS Securities Masahiko Ishino – Tokai Tokyo Research Center Yoshitsugu Yamamoto – Mizuho Securities Mikio Hirakawa – BofA Securities Atsushi Yoshioka – Nomura Securities Masahiro Nakanomyo – Jefferies Japan Limited Takeru Hanaya – SMBC Nikko Securities Toru Sugiura – Daiwa Securities DongJin Han – Point72 Koichi Yatsuda Now it's time for us to start Tokyo Electron Financial announcement of the First Quarter of the Fiscal Year Ending on March 31st, 2024. Thank you very much for joining us today despite a very busy schedule.

Tokyo Electron Limited (TOELF) Q1 2024 Earnings Call Transcript

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OPHLF, TOELY and TLYS have been added to the Zacks Rank #5 (Strong Sell) List on June 2, 2023.

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Tokyo Electron Limited (OTCPK:TOELF) Q4 2023 Earnings Conference Call May 11, 2023 3:00 AM ET Company Participants Koichi Yatsuda - Vice President of Investor Relations Hiroshi Kawamoto - Vice President & General Manager, Finance Unit Toshiki Kawai - Representative Director, President & Chief Executive Officer Conference Call Participants Masahiro Shibano - Citigroup Global Markets Japan Mikio Hirakawa - BofA Securities Japan Shuhei Nakamura - Goldman Sachs Masahiko Ishino - Tokai Tokyo Research Institute Tsutomu Yamamoto - Mizuho Securities Yu Yoshida - CLSA Securities Tetsuya Wadaki - Mitsubishi UFJ Morgan Stanley Securities Kazuo Yoshikawa - Morgan Stanley MUFG Research, Japan Kenji Yasui - UBS Securities Koichi Yatsuda Now it's time for us to start Tokyo Electron financial announcement for the fiscal year ended on March 31, 2023. Thank you very much for joining us today despite your busy schedule.

Tokyo Electron Limited (TOELF) Q4 2023 Earnings Call Transcript

Tokyo Electron Ltd , Japan's leading maker of semiconductor manufacturing tools, on Thursday forecast its profit to dip by more than a third from a record high as its customers slowed investment in new plant.

Tokyo Electron expects profit dip as chipmakers slow investment

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Tokyo Electron is an underfollowed giant in the semiconductor industry, and it pays a healthy dividend. The company is going to get hit by an industry slump this year, but remains on solid footing.

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TOELY was upbeat in its latest outlook, which calls for a fairly quick end to the current downturn in demand for semiconductor equipment. A couple of recent developments may have thrown a monkey wrench into the outlook, which may warrant a revision to the outlook.

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The semiconductor industry is experiencing a downturn due to a decrease in consumer demand, high inventory levels resulting from that and geopolitical tensions between China and the US. The long-term case for semiconductor equipment manufacturers remains strong, driven by the ongoing digitalization of. well, everything.

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Tokyo Electron Limited (OTCPK:TOELF) Q3 2023 Earnings Conference Call February 9, 2023 3:30 AM ET Company Participants Koichi Yatsuda - Vice President of Investor Relations Hiroshi Kawamoto - Vice President & General Manager, Finance Unit Toshiki Kawai - Representative Director, President & Chief Executive Officer Conference Call Participants Shuhei Nakamura - Goldman Sachs Yu Yoshida - CLSA Securities Mikio Hirakawa - BofA Securities Japan Tetsuya Wadaki - Mitsubishi UFJ Morgan Stanley Securities Takashi Shimamoto - Okasan Securities Masahiko Ishino - Tokai Tokyo Research Institute Masahiro Nakanomyo - Jefferies (Japan) Kenji Yasui - UBS Securities Japan Masahiro Shibano - Citigroup Global Markets Japan Koichi Yatsuda Now it's time for us to start Tokyo Electron Financial Announcement for the Third Quarter of Fiscal Year Ended on March 31, 2023. Thank you very much for joining us today despite your busy schedule.

Tokyo Electron Limited (TOELF) Q3 2023 Earnings Call Transcript

Earnings have begun to come out for Q4, and results in the semi-equipment industry are strong to date. This suggests that share price performance will turn positive moving forward rather than continued declines.

Tokyo Electron A Strong Buy As Sector Holds On

Tokyo Electron is a semiconductor equipment manufacturer and the market leader in the EUV Coater/Developer space with a 100% market share. As a Japanese company, it is rather underfollowed.

Tokyo Electron: Underfollowed EUV Niche Market Leader

Japan and the Netherlands have agreed in principle to join the United States in tightening controls over the export of advanced chip-making machinery to China, Bloomberg News reported on Monday, citing people familiar with the matter.

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Tokyo Electron delivered very strong Q2 2023 results, but guidance for the second half of the fiscal year was disappointing. There are reasons to believe growth will return, and we continue to be optimistic about the company and its industry long term.

Tokyo Electron: Weak Guidance For H2 Of FY2023, But Shares Remain Cheap

We believe Tokyo Electron is still facing supply chain issues due to its low % of finished products despite its inventory turnover ratio decreasing to 2.00x. We expect the company's DRAM segment revenue growth to remain superior to the NAND segment growth at the market CAGR of 7.3% to 5%.

Tokyo Electron: Drift To Buy

Virtually every semiconductor in the world passes through one of Tokyo Electron's systems. Despite this, the company is not that well-known by investors. The semiconductor market size is expected to exceed about $1 trillion by 2030, more than doubling the level in 2020, providing a huge tailwind to Tokyo Electron.

Tokyo Electron: It Is A Good Time To Buy Shares

Tokyo Electron produces equipment for wafer processing, and has quietly become one of the largest players in the segment. Financial performance is improved over previous industry cyclicality, and is in line with peers.

News for Tokyo Electron Ltd Stock (TOELY)