Interim report
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1. Results ( first 6 months , July to December 2020 ) ( 1 ) Sales Lasertec Corporation ( 6920 ) First 6 Months of Fiscal Year ending June 2021 - 1on1 FAQ Sales totaled JPY 32.2B ( up 12.3B YoY ) → 56.5 % progress vs. 57B initial forecast of sales for FY2021 → Good sales results with EUV - related systems due to strong demand for leading - edge node using EUVL " Semiconductor - related products " accounted for 27.4B → Breakdown : EUV 65 % , MATRICS 15 % , MAGICS > 10 % , other new business < 10 % " Other products " accounted for 1.4B → Breakdown : FPD 80 % , microscopes and others 20 % " Services " accounted for 3.4B Gross profit amounted to 16.7B ( up 5.0B YoY ) , and GP margin was 51.7 % ( -6.8 % YoY ) GP increased , but GP margin fell due to unfavorable change in product mix as anticipated ( 2 ) Orders Operating profit amounted to 12.1B ( up 4.1B YoY ) , and OP margin was 37.4 % ( -2.7 % YoY ) As GP margin fell , OP margin also fell , but not as much due to delay in R & D spending Net profit amounted to 8.4B ( up 2.8B YoY ) , and NP margin was 25.9 % ( -2.1 % YoY ) February 1 , 2021 Orders totaled 58.5B ( up 17.3B YoY ) , and backlog at the end of the period amounted to 119.5B ( up 42.6B YoY ) → 73.2 % progress vs. 80B initial forecast of orders for FY2021 → EUV - related systems continued to drive orders growth " Semiconductor - related products " accounted for 54.9B ( up 17.2B YoY ) → Breakdown : EUV > 80 % , MATRICS > 10 % , MAGICS < 5 % , other new business 5 % " Other products " accounted for < 0.4B ( down 0.3B YoY ) → Breakdown : FPD 30 % , microscopes and others 70 % " Services " accounted for 3.3B ( up < 0.4B YoY ) ( 3 ) Income statement R & D expenses amounted to 2.0B , 6.3 % of sales ( up 0.58B YoY ) → 30.2 % progress vs. 6.7B , or 11.8 % of sales , initial forecast of R & D expenses for FY2021 Depreciation and amortization amounted to < 0.6B ( up 0.16B YoY ) → 55.2 % progress vs. 1B initial forecast of depreciation and amortization for FY2021 Capital expenditure amounted to 3.1B ( up 2.3B YoY ) → 280.7 % progress vs. 1.1B initial forecast of capital expenditure for FY2021 → Proactive investment ( in intangible assets ) for future growth of EUV - related business ( 4 ) Balance sheet Cash and deposits at the end of the period was 15.3B ( down 9.5B YoY ) → Inventories ( work in process , raw materials and suppliers ) increased to 42.9B ( up 8.9B YoY ) 1