Screen Holdings Co., Ltd · TSE:7735
Screen — Q2 FY2027/03 Earnings Presentation
36 slides from Screen's earnings presentation, Oct 30, 2026
Slide 1: Consolidated business results and forecasts
Consolidated business results and forecasts FY2027/03 second quarter ended September 30, 2026 SCREEN Holdings Co., Ltd. Masato Goto Manabu Ishimura Representative Director, President & CEO Managing Executive Officer & CFO October 30, 2026 Cautionary statements: • The earnings forecasts, contained in
Slide 2: Summary of FY2027/03 2Q earnings
Summary of FY2027/03 2Q earnings Consolidated business results and forecasts FY2027/03 second quarter ended September 30, 2026 SCREEN Holdings Co., Ltd. Manabu Ishimura Managing Executive Officer & CFO 2024年５月９日 October 30, 2026 2024年５月９日 SCREEN Holdings Co., Ltd. FY2027/03Q2_20261030ｰE
Slide 3: FY2027/03 1H summary of consolidated earnings
FY2027/03 1H summary of consolidated earnings Net sales YoY 308.4 bn +12.5 % (+34.1 bn) Sales and profits both increased YoY SPE: Sales and profits grew YoY OP income YoY • Sales from a delayed project fully posted in 2Q 54.5 bn +17.4 % (+8.0 bn) GA: Sales and profits rose YoY • Sales of equipment a
Slide 4: FY2027/03 1H consolidated earnings
FY2027/03 1H consolidated earnings QoQ (Billions of JPY) FY2026/03 FY2027/03 1Q 2Q 1H 3Q 4Q Full 1Q 2Q 1H Difference (YoY) Net sales 135.7 138.5 274.2 151.0 180.3 605.7 121.7 186.6 308.4 34.1 12.5% OP income 24.3 22.0 46.4 30.9 45.0 122.5 14.3 40.1 54.5 17.4% 8.0 OP margin 18.0% 15.9% 16.9% 20.5% 25
Slide 5: Composition of group sales by destination
Composition of group sales by destination QoQ (Billions of JPY) YoY (Billions of JPY) 200 350 186.6 180.3 308.4 Japan 11% 13% 300 274.2 12% 151.0 Taiwan 150 19% 138.5 14% 19% 250 15% 21% 16% 121.7 China 19% 13% 200 27% 100 25% Korea 38% 23% 34% 41% 150 39% Asia—Other 27% 37% 40% 6% 100 50 8% 7% 5% 4
Slide 6: Composition of group sales by segment
Composition of group sales by segment QoQ (Billions of JPY) YoY (Billions of JPY) 200 186.6 350 180.3 0.5% 308.4 0.5% 2.1% 0.6% 3.1% 4.4% 4.7% 300 274.2 2.3% Other 151.0 8.2% 6.2% 0.3% 138.5 0.5% 10.0% 2.0% 150 2.2% 9.4% 0.4% 250 8.6% 8.7% 1.8% 121.7 PE 9.7% 9.4% 9.1% 0.7% 9.3% 2.6% 8.9% 200 100 11.
Slide 7: FY2027/03 1H consolidated earnings by segment
FY2027/03 1H consolidated earnings by segment FY2026/03 FY2027/03 (Billions of JPY) 1Q 2Q 1H 3Q 4Q 1Q 2Q 1H Difference (YoY) Net sales 109.5 109.0 218.5 120.0 147.3 93.1 158.2 251.3 32.8 15.0% • Sales and profits both grew. Sales for memory rose; sales to North America and Korea SPE OP income 25.6 2
Slide 8: Financial standing: Balance sheet
Financial standing: Balance sheet Net assets reached ¥522.0 billion; equity ratio at 65.9%. Assets (Billions of JPY) Liabilities & net assets (Billions of JPY) Cash & time 792.5 769.2 792.5 deposits 769.2 722.4 722.4 56.4 61.2 Notes & accounts 677.0 667.2 677.0 47.8 6.0 8.4 payable 667.2 197.3 Notes
Slide 9: Financial standing: Cash flows
Financial standing: Cash flows 2Q operating cash flow landed at ¥-10.9 billion, mainly due to increased working capital driven by higher SPE orders. QoQ (Billions of JPY) Operating CF Investing CF Financing CF FCF YoY (Billions of JPY) 80 60 52.1 40 30.8 40 39.9 23.8 18.5 21.2 20 9.6 4.5 9.0 1.7 -0.
Slide 10: R&D expenses, CAPEX, and depreciation/amortization
R&D expenses, CAPEX, and depreciation/amortization QoQ (Billions of JPY) YoY (Billions of JPY) R&D expenses Capital expenditures Depreciation/Amortization 60 20 R&D expenses • 2Q result: Mainly attributable 40 to SPE— landed within the expected range. 10 CAPEX 20 • 2Q result: Expenditures for R&D, m
Slide 11: Analysis of operating income growth
Analysis of operating income growth FY2026/03 1H vs FY2027/03 1H (Billions of JPY) 70 +5.0 +12.0 Sales and capacity utilization 60 +1.5 54.5 Increased mainly due to SPE Profitability 50 46.4 -10.5 Exchange Profitability rates Sales and Fixed costs Improved mainly due to SPE 40 capacity utilization F
Slide 12: FY2027/03 business forecasts (as of October 30, 2026)
FY2027/03 business forecasts (as of October 30, 2026) * Net sales and profit forecasts by segment are approximate figures rounded to be shown in ¥0.5 bn increments. FY2026/03 FY2027/03 1H 2H Full Full (Billions of JPY) July Forecast October Result July Forecast October Forecast July Forecast October
Slide 13: Analysis of operating income growth—forecast
Analysis of operating income growth—forecast FY2026/03 vs FY2027/03 E (Billions of JPY) 200 +70.0 Sales and capacity utilization Expected to be driven by SPE 180 -4.5 160 +0.5 156.5 Profitability Profitability Mainly influenced by SPE 140 -32.0 Exchange Fixed costs rates 122.5 120 Fixed costs Sales
Slide 14: Annual dividend outlook
Annual dividend outlook FY2027/03 E FY2026/03 July/October (JPY, per share) May forecast announcement Interim dividend 61.5 60 60 Year-end dividend 85 115 123 Annual dividend 146.5 175 183 Notes: 1. The stock split became effective on April 1, 2026. 2. Dividends are calculated on the hypothesis that
Slide 15: Business environment and outlook
Business environment and outlook Consolidated business results and forecasts FY2027/03 second quarter ended September 30, 2026 SCREEN Holdings Co., Ltd. Masato Goto Representative Director, President & CEO 2024年５月９日 October 30, 2026 2024年５月９日 SCREEN Holdings Co., Ltd. FY2027/03Q2_20261030ｰE
Slide 16: FY2027/03 full-year outlook: Summary
FY2027/03 full-year outlook: Summary Overview Record-high orders continue Building a scalable production framework to accommodate further capacity expansion and move into the next growth phase SPE Opportunities to outperform WFE market growth in sales, driven by the growing importance of clean
Slide 17: SPE: Business overview
SPE: Business overview Market trends and outlook WFE: Expected to land at $155B in CY2026 (up 25% from $124B in CY2025) and approximately $200B in CY2027 Investment trends by application Foundry Robust investment in leading-edge GPUs and CPUs as well as peripheral devices Logic Leading-edge inve
Slide 18: SPE: Composition of equipment sales by application
SPE SPE: Composition of equipment sales by application QoQ (Billions of JPY) 150 124.3 2Q: QoQ 117.5 Sales to DRAM increased significantly Foundry (Sales from a delayed project fully posted in 2Q) 100 94.4 40% 86.5 Logic 2Q: YoY 48% Sales to DRAM increased significantly NAND 65.1 6% 6% DRAM 60% 72%
Slide 19: SPE: Post-sales—forecast
SPE SPE: Post-sales—forecast QoQ (Billions of JPY) 40 33.9 29.8 30 28.0 2Q sales reached a record high 25.6 22.5 Expect sales to maintain an 20 upward growth trend despite quarterly fluctuations 10 0 2Q 3Q 4Q 1Q 2Q FY2026/03 FY2027/03 SCREEN Holdings Co., Ltd. FY2027/03Q2_20261030ｰE 19
Slide 20: SPE: Composition of sales by destination
SPE SPE: Composition of sales by destination QoQ (Billions of JPY) 158.2 150 147.3 8% 10% Japan 2Q: QoQ 21% 120.0 Sales to China rose significantly 20% 109.0 11% Taiwan 100 14% 93.1 2Q: YoY 22% China Sales to North America, China and 10% 40% Europe rose 30% Korea 46% 30% 40% 50 Asia—Other 23% 6% 38%
Slide 21: SPE: Composition of sales by application—forecast
SPE SPE: Composition of sales by application—forecast › FY2026/03 1H vs FY2027/03 1H: DRAM expected to increase significantly › 1H vs 2H E: Foundry expected to increase significantly; NAND also expected to increase › FY2026/03 vs FY2027/03 E: DRAM, foundry, and NAND expected to increase Half-year fo
Slide 22: SPE: Post-sales—forecast
SPE SPE: Post-sales—forecast YoY (Billions of JPY) 125.7 120 99.7 Steady growth expected in post- 63.9 sales supported by high fab 85.9 90 utilization on the client side 73.8 2H 74.0 60 1H 30 61.8 0 FY2023/03 FY2024/03 FY2025/03 FY2026/03 FY2027/03 E SCREEN Holdings Co., Ltd. FY2027/03Q2_20261030ｰE
Slide 23: SPE: Composition of sales by destination—forecast
SPE SPE: Composition of sales by destination—forecast › FY2026/03 1H vs FY2027/03 1H: Sales to North America, Europe and Korea expected to increase › 1H vs 2H E: Sales expected to increase mainly in China, Taiwan, and North America › FY2026/03 vs FY2027/03 E: Full-year sales expected to increase mai
Slide 24: Highlight
Highlight Details here (official website) HD SCREEN to secure an additional production capacity in Nagaokakyo (announced October 30, 2026) Using the land and building acquired in March 2024; renovating the building to make it suitable for SPE production - Total investment : Approx. JPY 25 billion
Slide 25: Production capacity expansion plan (SPE)
Production capacity expansion plan (SPE) Securing production capacity to outperform WFE market growth Production capacity Approx. 1.3× Hikone site Production capacity Approx. 1.3× Phase 1: Renovation – Streamlining the production process at the existing factories in the Hikone site Phase 2: Maximizi
Slide 26: GA: Sales trends and forecast
GA GA: Sales trends and forecast › Sales of equipment for digital printing in the U.S. remained strong; aiming for sales growth › Aiming to enhance profitability by promoting recurring business as a stable profit source QoQ (Billions of JPY) Half-year forecast (Billions of JPY) YoY (Billions of JPY)
Slide 27: FT: Sales trends and forecast
FT FT: Sales trends and forecast › Promoting OLED equipment sales to secure stable profits › Aiming for business expansion and improved profitability through synergies with the advanced packaging business QoQ (Billions of JPY) Half-year forecast (Billions of JPY) YoY (Billions of JPY) 15 30 50 13.5
Slide 28: PE: Sales trends and forecast
PE: Sales trends and forecast PE › Strong order continues, supported by robust investment in AI servers › Aiming to achieve the full-year target with increased sales and profitability rebound in 2H QoQ (Billions of JPY) Half-year forecast (Billions of JPY) YoY (Billions of JPY) 6 5.6 10 9.5 20 8.9 1
Slide 29: Recent SCREEN Group News
Recent SCREEN Group News (selected news from July 29, 2026–October 30, 2026) Details here (official website) SCREEN to support relief efforts for the 2026 Kumamoto Earthquake (announced August 3, 2026) SCREEN to start development of optical modules for quantum computers through joint research wi
Slide 30: Topics
Topics HD Details here (official website) SCREEN to start development of optical modules for quantum computers through joint research with Yaqumo (announced August 31, 2026) SCREEN to become a joint research partner of Yaqumo, selected by NEDO for quantum computing R&D project SCREEN to develop
Slide 31: Topics
Topics Details here (official website) HD SCREEN acquires shares in Atomis, startup which develops and manufactures MOFs (announced October 8, 2026) Acquired shares in Atomis, a Kyoto University startup that designs, manufactures, and sells metal-organic frameworks (MOFs) MOFs are next-generation ma
Slide 32: Topics
HD Topics Annual Report 2026 (issued September 30, 2026) Building on a review of the fiscal year ended March 31, 2026, this annual report (integrated report) highlights management’s approach to realizing SCREEN’s long-term vision and efforts based on specific growth strategies Click here to download
Slide 33: Topics
HD Topics SAVE THE DATE Small group meetings to be hosted by SCREEN for the second quarter ended September 30, 2026 (for institutional investors and analysts) Dates and Time: - Japanese: November 18 (Wed) 09:00–09:50 (JST) - English: November 24 (Tue) 09:00–09:50 (JST) The meeting will be held o
Slide 34: Appendix Sales composition by product
SPE Appendix Sales composition by product FY2027/03 1H Coater/Developer, FLA, Other 10% FY2024/03 FY2025/03 FY2026/03 FY2027/03 (%) 1H 15% Batch-type Single-wafer cleaner 70 80 75 75 cleaner Batch-type cleaner 20 15 20 15 Single-wafer Coater/Developer, cleaner 10 5 5 10 FLA, Other 75% Note: Above sh
Slide 35: Appendix KPI trends
Appendix KPI trends FY2027/03 FY2017/03 FY2018/03 FY2019/03 FY2020/03 FY2021/03 FY2022/03 FY2023/03 FY2024/03 FY2025/03 FY2026/03 (Billions of JPY) E Net sales 300.2 339.3 364.2 323.2 320.3 411.8 460.8 504.9 625.2 605.7 743.0 OP income 33.7 42.7 29.6 12.5 24.4 61.2 76.4 94.1 135.6 122.5 156.5 OP mar
Slide 36: Appendix Earnings trends by segment
Appendix Earnings trends by segment (%) 1,000.0 SPE GA FT PE OP Margin 21.7 20.2 21.1 16.6 18.6 25 14.9 20 11.2 12.6 15 800.0 8.1 7.6 743.0 3.9 625.2 605.7 10 5 600.0 504.9 0 460.8 411.8 -5 400.0 339.3 364.2 300.2 323.2 320.3 -10 -15 200.0 -20 -25 0.0 -30 FY2027/03 FY2017/03 FY2018/03 FY2019/03 FY20