Slide 1: FY2026 (April 2025-March 2026) Financial Announcement
FY2026 (April 2025-March 2026) Financial Announcement April 30, 2026 Agenda: Consolidated Financial Summary Hiroshi Kawamoto, SVP & GM, Division Officer of Finance Division Business Environment and Financial Estimates Toshiki Kawai, Representative Director, President & CEO Investor Relations / A
Slide 2: Forward Looking Statements
Forward Looking Statements ▪ Disclaimer regarding forward-looking statements Forward-looking statements with respect to Tokyo Electron’s business plan, prospects and other such information are based on information available at the time of publication. Actual performance and results may differ signif
Slide 3: FY2026 Consolidated Financial Summary
FY2026 Consolidated Financial Summary April 30, 2026 Hiroshi Kawamoto SVP & GM, Division Officer of Finance Division Investor Relations / April 30, 2026 3
Slide 4: Financial Summary (Quarterly)
Financial Summary (Quarterly) (Billion yen) FY2025 FY2026 vs. vs. Q4 Q1 Q2 Q3 Q4 FY2026 Q3 FY2025 Q4 Net sales 655.4 549.5 630.0 552.0 711.8 +28.9% +8.6% Gross profit 310.5 253.9 284.8 235.8 333.1 +41.3% +7.3% Gross profit margin 47.4% 46.2% 45.2% 42.7% 46.8% +4.1pts -0.6pts SG&A expenses 126.7 109.
Slide 5: Composition of Net Sales by Region (Quarterly)
Composition of Net Sales by Region (Quarterly) （Billion yen） 711.8 700 654.5 655.4 630.0 11.6% Japan 6.9% 8.1% 600 547.2 555.0 566.5 549.5 8.4% 552.0 8.0% North America 8.8% 7.1% 9.3% 2.4% 3.1% 6.1% 4.2% Europe 10.4% 7.0% 11.7% 1.7% 7.1% 500 10.6% 5.1% 8.8% 14.1% 17.5% 22.4% 7.9% 21.1% 2.3% 2.8% 24.
Slide 6: Financial Summary
Financial Summary (Billion yen) Reference: FY2026 FY2026 estimates FY2025 FY2026 vs announced on FY2025 February 6, 2026 Net sales 2,431.5 2,443.5 +0.5% 2,410.0 Gross profit 1,146.2 1,107.8 -3.4% 1,092.0 Gross profit margin 47.1% 45.3% -1.8pts 45.3% SG&A expenses 448.9 482.9 +7.6% 499.0 Operating in
Slide 7: Financial Trend (FY2022~FY2026)
Financial Trend (FY2022~FY2026) （Billion yen） 2,500 2,443.5 60% 2,000 45.3% 40% 1,500 1,107.8 1,000 25.6% 624.9 20% 574.4 500 0 0% FY2022 FY2023 FY2024 FY2025 FY2026 Net sales 2,003.8 2,209.0 1,830.5 2,431.5 2,443.5 Gross profit 911.8 984.4 830.2 1,146.2 1,107.8 Operating profit 599.2 617.7 456.2 69
Slide 8: SPE New Equipment Sales by Application
SPE New Equipment Sales by Application （Billion yen） DRAM Non-volatile memory ▪ DRAM: Non-memory (Logic, foundry, others) 2,000 – Investment in HBM and leading-edge 1,861.1 1,775.4 technologies remained strong 31% 1,500 1,372.7 31% ▪ Non-volatile memory: – Customers’ fab utilization improved, and 7%
Slide 9: Field Solutions Sales
Field Solutions Sales （Billion yen） Used equipment and modification Parts and services 626.0 600 538.3 190.0 ▪ Field Solutions sales for FY2026 were 500 428.5 149.1 626.0 billion yen, up 16.3% YoY 400 104.0 300 ▪ Customers’ fab utilization climbed further; parts & services and modifications 435.9 20
Slide 10: Balance Sheet (Quarterly)
Balance Sheet (Quarterly) Assets Liabilities and Net Assets (Billion Yen) 2,860.9 (Billion Yen) 2,860.9 2,625.9 2,667.0 2,635.0 2,625.9 2,667.0 2,635.0 2,509.3 506.2 Cash and cash equivalents* 2,509.3 455.2 418.4 791.0 Liabilities 496.2 367.5 662.3 629.7 Notes and accounts 770.7 636.5 525.8 receivab
Slide 11: Cash Flow (Quarterly)
Cash Flow (Quarterly) (Billion Yen) 300 205.7 239.0 200 100 33.2 0 -23.0 -149.9 -100 -79.9 -46.9 -150.8 -200 Share Repurchase*2 -300 FY2024 FY2025 FY2026 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Cash flow from operating activities 139.0 183.7 148.6 -15.0 264.8 74.9 175.8 83.1 205.7 Cash flow from investing activi
Slide 12: Total Return Amount
Total Return Amount (Billion yen) 500 422.7 437.4 400 *1 149.9 149.9 302.4 300 Commemorative 267.9 dividend Share Repurchase 219.3 31.3 119.9 200 Dividend *2 121.9 272.7 287.4 219.3 236.5 100 182.4 121.9 0 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 *1 https://www.tel.com/news/ir/2026/kn008f00000000ho
Slide 13: Business Environment and Financial Estimates
Business Environment and Financial Estimates April 30, 2026 Toshiki Kawai Representative Director, President & CEO Investor Relations / April 30, 2026 13
Slide 14: Business Highlights for FY2026
Business Highlights for FY2026 Record-high Infrastructure Secured PORs Net Sales & Net Income for Future Growth in Growth Sectors ▪ Net Sales ▪ Construction Completed ▪ Memory - Q4: 711.8 billion yen - R&D center: Miyagi and - Leading position in major - FY2026: 2,443.5 billion yen Kumamoto processe
Slide 15: Business Environment (WFE Market Outlook as of April 2026)
Business Environment (WFE Market Outlook as of April 2026) WFE Market Trend ▪ WFE Market Outlook: (CY2026-27) ($B) – Projected range: 150 $150B-170B/year (20%+ growth vs CY2025) 100 – Leading edge applications: 30%+ growth 50 – Geopolitical risks require close monitoring 0 CY2024 CY2025 CY2026 CY202
Slide 16: FY2027 Revenue Drivers
FY2027 Revenue Drivers Coater ◼ Market share: > 90% /developers ◼ Capture large investment opportunities in DRAM and advanced logic ◼ FY2027 revenue > +50% YoY Etch ◼ Market share: > 50% (dielectric etch) Systems ◼ HARC, interconnect, and GAA processes ◼ FY2027 revenue: > +25% YoY Advanced ◼ Leading
Slide 17: Financial Estimates for FY2027
Financial Estimates for FY2027 （Billion Yen） FY2026 FY2027 （Actual） （Estimate） H1 H2 Full Year H1 ▪ FY2027 H1： Net sales 1,179.6 1,263.8 2,443.5 1,570.0 Forecast record high of net sales, Gross profit 538.8 569.0 1,107.8 715.0 gross profit and operating profit Gross profit margin 45.7% 45.0% 45.3% 4
Slide 18: FY2027 SPE New Equipment Sales Forecast
FY2027 SPE New Equipment Sales Forecast Sales by Application （Billion yen） 1,200.0 1,200 1,000 925.3 32% 850.1 DRAM 800 27% 35% 11% Non-volatile memory 600 Non-memory 12% 8% （Logic, foundry, others） 400 57% 61% 57% 200 0 FY2026 H1 FY2026 H2 FY2027 H1 Estimate * Percentages on the graph show the comp
Slide 19: FY2027 R&D Expenses and Capex Plan
FY2027 R&D Expenses and Capex Plan Miyagi Development Building No. 3 Kumamoto Process Development Building Etch system Coater/developer, cleaning system （Billion Yen） 400 R&D expenses 330.0 300 277.8 250.0 191.1 202.8 200 100 0 Kurokawa-gun, Miyagi Prefecture Koshi-city, Kumamoto Prefecture FY2023 F
Slide 20: Dividend Forecast
Dividend Forecast Dividend per Share (Yen) 364 361 327 300 TEL shareholder return policy 265 264 245 Dividend payout ratio: 50% 200 Annual DPS of not less than 50 yen We will review our dividend policy if the company does not generate net income for two consecutive fiscal years 148 100 We will flexi
Slide 21: TEL
TEL TOKYO ELECTRON
Slide 22: Appendix
Appendix Investor Relations / April 30, 2026 22
Slide 23: Financial Performance (Quarterly)
Quarterly Yearly Financial Performance (Quarterly) 711.8 (Billion Yen) 60% 600 46.8% 40% 400 28.9% 214.2 205.6 20% 200 0 0% FY2025 FY2026 Q4 Q1 Q2 Q3 Q4 Net sales 655.4 549.5 630.0 552.0 711.8 Operating income 183.7 144.6 158.4 116.1 205.6 Net income attributable to owners of parent 142.9 117.8 123.
Slide 24: SPE New Equipment Sales by Application (Quarterly)
Quarterly Yearly SPE New Equipment Sales by Application (Quarterly) (Billion yen) DRAM Non-volatile memory 600 Non-memory (Logic, foundry, others) 540.1 510.6 503.9 22% 500 17% 455.0 431.5 25% 417.0 415.0 34% 35% 12% 395.0 22% 37% 385.1 400 27% 17% 26% 16% 27% 30% 29% 26% 12% 31% 26% 40% 8% 2% 8% 16
Slide 25: Field Solutions Sales (Quarterly)
Quarterly Yearly Field Solutions Sales (Quarterly) (Billion yen) 200 160.3 161.6 162.8 150 139.5 141.5 138.9 141.2 119.3 118.1 100 50 0 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY2024 FY2025 FY2026 Investor Relations / April 30, 2026 25
Slide 26: SPE New Equipment Sales by Product
Quarterly Yearly SPE New Equipment Sales by Product （Billion yen） 2,000 1,861.1 1,775.4 1,692.7 1,499.0 27% 1,500 28% 26% 1,372.7 23% Coater/developer Etch system 30% Deposition system 1,000 35% Cleaning system 34% 36% 39% Wafer prober Others 32% 500 19% 22% 20% 21% 21% 12% 13% 9% 11% 12% 5% 5% 3% 4
Slide 27: Sales by Region
Quarterly Yearly Sales by Region （Billion yen） 2,500 2,431.5 2,443.5 2,209.0 7.8% 9.8% 2,003.8 10.9% 10.0% 6.8% 2,000 2.8% 11.5% 1,830.5 3.1% 15.6% 10.1% 16.8% 22.3% 13.4% Japan 8.3% 9.2% North America 1,500 5.4% 6.5% Europe 16.9% 16.2% South Korea 19.0% 15.6% 20.4% 3.7% Taiwan 1,000 11.2% South Eas
Slide 28: World Market Share of Major Products (CY2025)
World Market Share of Major Products (CY2025) 23% 27% 20% 27% 91% Coater/Developer Dry Etch System Deposition System Cleaning System Wafer Bonder 15% 38% 31% 38% ALD CVD Oxidation/Diffusion Wafer Prober Source SPE (excluding Wafer Prober) : Gartner®, Market Share: Semiconductor Wafer Fab Equipment,
Slide 29: Notice
Notice You may not copy or disclose to any third party without prior written consent with TEL. Tokyo Electron and “TEL” are trademarks of Tokyo Electron Limited. Investor Relations / April 30, 2026 29