Disco : Preliminary Report on Non-Consolidated Sales Figures and Shipment Figures
January 11, 2023 at 11:50 am IST
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DISCO Corporation
January 11, 2023
Preliminary Report on Non-Consolidated Sales Figures and Shipment Figures
(Third Quarter of Fiscal Year 2022)
DISCO Corporation hereby releases the preliminary report of the non-consolidated sales figures and shipment figures for the third quarter (3Q) of fiscal year 2022.
Non-Consolidated Sales Figures for the Third Quarter of Fiscal Year 2022 (Quarterly Transition)
(Billions of yen)
1Q
2Q
1H
3Q
4Q
2H
Full year
Net Sales
48.9
64.8
113.8
54.1
-
-
-
YoY % Change
22.4%
15.3%
18.3%
1.2%
-
-
-
QoQ % Change
-19.6%
32.6%
-16.5%
-
(Reference)
39.9
56.2
96.2
53.5
60.8
114.3
210.5
Fiscal Year 2021
Non-consolidated net sales for the third quarter were JPY 167.9B, achieving 98.8% of the most recent forecast for non-consolidated net sales (net sales of JPY 170B).
Sales for equipment products, including for precision processing equipment, are recorded when the equipment is inspected/accepted by the customer. Since net sales tend to deviate from the market trends, the shipment amounts, which link more closely with the market, are disclosed below for reference.
Non-Consolidated Shipment Figures for the Third Quarter of Fiscal Year 2022 (Quarterly Transition)
(Billions of yen)
1Q
2Q
1H
3Q
4Q
2H
Full year
Shipment Amount
61.0
60.9
121.9
67.3
-
-
-
YoY % Change
14.7%
22.1%
18.3%
16.7%
-
-
-
QoQ % Change
6.5%
-0.1%
10.5%
-
(Reference)
53.1
49.8
103.0
57.6
57.2
114.9
218.0
Fiscal Year 2021
Non-consolidated net shipments for the third quarter (October-December) were JPY 67.3B, a year-on-year increase of 16.7% and a quarter-on-quarter increase of 10.5%.
For precision processing equipment shipments, demand for semiconductor mass production appears to be slowing down, but strong demand for some applications, such as power semiconductors, supported the whole. In addition, precision processing tool (consumable) shipments were weak relative to average annual seasonal figures but were almost in line with expectations.
The official financial results for the third quarter of fiscal year 2022 will be announced on January 24, 2023.
Purpose of the Preliminary Report
DISCO Corporation (the Company) makes preliminary reports on non-consolidated sales and shipment amount as soon as they are tabulated. The preliminary reports are intended to deliver real time information on the financial results of our company to investors. The real time information above is based on certain information available to the Company at the time of announcement, and actual operating results may differ from the preliminary report due to various factors.
Disco Corporation published this content on 11 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 January 2023 06:19:17 UTC.
Disco Corporation specializes in the manufacture and marketing of precision cutting, grinding and polishing machines, mainly for the semiconductor and electronic component industries, as well as for applications linked to generative artificial intelligence. Net sales break down by family of products as follows:
- precision machinery and equipment (64%): chain saws, laser engraving and cutting machines, grinders, polishers, wafer setters, die separators, planers and waterjet saws, etc.;
- precision processing tools and components (22%): cutting blades, dry polishing wheels and disks, diamond abrasive tools, etc.;
- other (14%): related equipment and accessories.
Net sales are distributed geographically as follows: Japan (12.2%), China (35.9%), Taiwan (11.9%), Korea (8.8%), Asia (8.4%), Americas (13.1%) and Europe (9.7%).