Slides
Page 1
FY2026 (July 2025 – June 2026) Financial Results August 6, 2026
Page 2
Agenda Results of Fiscal Year Ended June 2026 (FY2026) Hisashi Yokokawa Executive Officer & CFO Future Outlook and Forecast for Fiscal Year Ending June 2027 (FY2027) Tetsuya Sendoda Representative Director, President & CEO 1
Page 3
Agenda Results of Fiscal Year Ended June 2026 (FY2026) Hisashi Yokokawa Executive Officer & CFO Future Outlook and Forecast for Fiscal Year Ending June 2027 (FY2027) Tetsuya Sendoda Representative Director, President & CEO 2
Page 4
3 3 3 Results in Perspective Both net sales and profit came in above our full-year forecast. Actual exchange rate: 150 JPY/USD Amounts in millions of JPY, unless otherwise stated FY2024 FY2025 FY2026 YoY (vs FY2025)Forecast Jan 2026 Net Sales 213,506 251,477 220,000 230,485 (8.3%) Gross profit 107,479 148,256 － 136,479 (7.9%) Gross margin 50.3% 59.0% － 59.2% － Operating income 81,375 122,843 100,000 105,259 (14.3%) Operating margin 38.1% 48.8% 45.5% 45.7% － Net income 59,076 84,652 72,000 77,485 (8.5%) Orders 272,768 105,226 － 237,504 +125.7% Backlog 462,195 315,945 － 322,964 +2.2% R&D expenses 12,165 11,677 13,000 16,292 +39.5% R&D percentage of sales 5.7% 4.6% 5.9% 7.1% － Capital expenditure 2,533 5,037 2,700 2,361 (53.1%) Depreciation and amortization 4,726 4,676 4,300 4,674 (0.1%)
Page 5
4 4 4 Results Highlights by Product Orders recovered in FY2026, driven primarily by ACTIS and MATRICS mask inspection systems. Semiconductor-related products (excluding MATRICS & ACTIS) Other products Services MATRICS ACTIS ▲105 OrdersSales 114.8 70.5 50.6 51.2 37.4 46.2 5.5 3.7 42.9 58.6 251.4 230.4 FY2025 FY2026 (10.5) 62.0 45.3 77.2 21.0 32.8 3.9 3.4 45.4 61.7 105.2 237.5 FY2025 FY2026FY2026 FY2026 (¥B) (¥B)
Page 6
5 5 Order backlog rose to JPY 322.9 billion at the end of FY2026, a JPY 7.0 billion increase from the beginning of the fiscal year. Order Backlog Trend in FY2026 FX impact 315.9 (230.4) +237.5 322.9 Backlog Start of FY2026 Orders Sales Backlog End of FY2026 +17.4 FX rate 144 JPY/USD FX rate 162 JPY/USD (¥B) Backlog End of FY2026
Page 7
6 6 6 Results in Perspective (Quarterly) Amounts in millions of JPY, unless otherwise stated FY2025 FY2026 YoY (vs FY25Q4) QoQ (vs FY26Q3)Q4 Q1 Q2 Q3 Q4 Net sales 82,641 54,171 74,087 41,280 60,945 (26.3%) +47.6% Gross profit 51,456 32,807 43,680 22,926 37,064 (28.0%) +61.7% Gross margin 62.3% 60.6% 59.0% 55.5% 60.8% － － Operating income 43,551 26,728 36,263 15,200 27,068 (37.8%) +78.1% Operating margin 52.7% 49.3% 48.9% 36.8% 44.4% － － Net income 31,958 19,057 26,687 11,077 20,662 (35.3%) +86.5% R&D expenses 4,101 3,071 3,440 4,028 5,752 +40.3% +42.8% R&D percentage of sales 5.0% 5.7% 4.6% 9.8% 9.4% － － Capital expenditure 572 411 754 653 541 (5.5%) (17.2%) Depreciation and amortization 1,327 1,199 1,121 1,157 1,196 (9.9%) +3.3%
Page 8
7 7 7 9.9 12.2 8.8 11.9 12.2 15.6 14.1 16.5 1.0 2.6 0.5 1.3 0.2 1.8 0.7 0.9 25.6 77.3 30.4 69.3 41.7 56.5 26.3 43.4 36.7 92.2 39.8 82.6 54.1 74.0 41.2 60.9 Q1 FY2025 Q2 Q3 Q4 Q1 FY2026 Q2 Q3 Q4 Sales by Product Category (Quarterly) Semiconductor-related products generated JPY 43.4 billion in sales, while services reached a record JPY 16.5 billion. Semiconductor- related products Other products Services Q4 (¥B)
Page 9
8 8 8 1.1 7.5 1.3 10.2 1.9 2.2 1.4 2.1 9.2 20.5 14.1 23.9 22.0 15.5 6.9 7.0 3.0 5.1 5.5 9.8 5.6 5.0 7.8 12.5 8.4 41.7 5.6 9.4 6.0 15.7 9.5 14.4 11.9 11.1 5.9 24.5 14.4 23.0 11.7 16.8 2.9 6.1 7.1 4.5 4.0 12.5 3.7 7.8 36.7 92.2 39.8 82.6 54.1 74.0 41.2 60.9 Q1 FY2025 Q2 Q3 Q4 Q1 FY2026 Q2 Q3 Q4 Sales by Region (Quarterly) Europe Asia (other) Taiwan U.S. Korea Japan Q4 (¥B)
Page 10
9 9 9 209.9 205.9 225.5 225.4 246.8 1.7 1.7 2.2 2.5 3.4 43.9 24.8 36.4 22.9 29.5 9.6 8.3 8.5 9.2 12.5 64.3 68.3 36.8 50.6 44.2 329.6 309.2 309.6 310.8 336.6 Q4 FY2025 Q1 FY2026 Q2 Q3 Q4 12.4 11.3 11.3 11.9 12.3 30.2 29.9 29.8 29.6 29.2 6.9 8.8 6.4 7.5 8.8 169.0 169.7 161.8 164.4 167.7 24.7 20.7 19.7 17.1 26.9 86.0 68.6 80.5 80.0 91.5 329.6 309.2 309.6 310.8 336.6 Q4 FY2025 Q1 FY2026 Q2 Q3 Q4 Balance Sheet (Quarterly) Inventories remained elevated, while net assets stood at JPY 246.8 billion. Assets Liabilities and Net Assets Q4 Q4 Cash and deposits Notes and accounts receivable-trade Inventories Other current assets Property, plant and equipment Other non-current assets Advances received Accounts payable- trade Other current liabilities Non-current liabilities Net assets (¥B) (¥B)
Page 11
10 10 10 (1.2) 7.2 38.5 33.3 5.9 18.8 11.9 11.7 (0.3) (1.4) (0.2) (0.3) (0.3) (0.1) (0.7) (0.6)(4.1) (10.0) (10.3) (23.2) (8.0) (11.8) (1.5) 5.7 38.2 32.9 5.5 18.7 11.2 11.0 Operating CF Investing CF Financing CF FCF Cash Flows (Quarterly) Cash inflow from operating activities amounted to JPY 11.7 billion. FY2025 FY2026 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Cash on hand 30.6 26.8 53.8 86.0 68.6 80.5 80.0 91.5 (0.0)(0.0) (¥B)
Page 12
11 11 11 497 516 526 534 582 647 716 801 1,079 1,163 1,242 1,335 0 200 400 600 800 1,000 1,200 1,400 H1 FY2025 H2 H1 FY2026 H2 Japan (HQ) Overseas 4.1 3.0 3.4 4.0 5.7 0.5 0.4 0.7 0.6 0.51.3 1.1 1.1 1.1 1.1 Q4 FY2025 Q1 FY2026 Q2 Q3 Q4 R&D expenses (R&D) Capital expenditure (CapEx) Depreciation and amortization (D&A) 1 Other Key Indicators R&D expenses exceeded the forecast by JPY 3.2 billion, while hiring progressed broadly as planned. Forecast Actuals Progress R&D 13.0 16.2 125.3% CapEx 2.7 2.3 87.5% D&A 4.3 4.6 108.7% FY2026 results Q4 H2 R&D Expenses, Capital Expenditure, and others Number of Employees2 People (¥B) 1. Including intangible assets 2. Not including board members
Page 13
Agenda Results of Fiscal Year Ended June 2026 (FY2026) Hisashi Yokokawa Executive Officer & CFO Future Outlook and Forecast for Fiscal Year Ending June 2027 (FY2027) Tetsuya Sendoda Representative Director, President & CEO 12
Page 14
13 13 Business Environment & Future Outlook Where semiconductor device makers stand • Further expansion of investment plans by both logic and memory device makers amid strong AI- related demand. • Technology development for 1.4nm-node generation is underway. Order outlook for FY2027 • Robust demand for mask inspection systems puts record-high order levels within sight. 323.7 186.5 272.7 105.2 237.5 0 50 100 150 200 250 300 350 400 450 500 FY2022 FY2023 FY2024 FY2025 FY2026 FY2027E 300~400 ACTIS • Logic - Expected orders from mask shops1 - Anticipate further expansion in A300 orders from leading-edge fabs2 • Memory - Potential order opportunities from DRAM mask shops 1. Mask shops: Mask manufacturing divisions of semiconductor device makers and merchant mask manufacturers 2. Fabs: Chip manufacturing divisions of semiconductor device makers FY2027E MATRICS • Logic and memory - Strong orders are expected across both EUV and DUV applications Areas to watch in FY2027(¥B)
Page 15
14 14 14 FY2027 Forecast We expect sales and profits to reach record-highs in FY2027. Amounts in millions of JPY, unless otherwise stated FY2025 FY2026 FY2027 Forecast YoY (vs FY2026) Net sales 251,477 230,485 290,000 +25.8% Semiconductor-related products 202,965 168,090 225,000 +33.9% Other products 5,552 3,747 3,500 (6.6%) Service 42,959 58,646 61,500 +4.9% Operating income 122,843 105,259 125,000 +18.8% Operating margin 48.8％ 45.7% 43.1％ － Net income 84,652 77,485 90,000 +16.2% R&D expenses 11,677 16,292 20,000 +22.8% R&D percentage of sales 4.6% 7.1% 6.9% － Capital expenditure 5,037 2,361 5,700 +141.3% Depreciation and amortization 4,676 4,674 3,600 (23.0%) Foreign exchange rate 148 JPY/USD 150 JPY/USD 150 JPY/USD － Number of employees 1,163 1,335 1,542 +207 Japan 516 534 586 +52 Overseas 647 801 956 +155
Page 16
15 15 We expect operating income to increase by JPY 19.7 billion. FY2027 Forecast, Operating Income Comparison (3.7) (1.5) 105.2 +24.9 125.0 FY2026 Operating income Increase in gross profit Increase in R&D expenses Increase in other SG&A FY2027E Operating income (¥B) FY2027E Operating income
Page 17
16 16 16 115 132 140 214 197 211 329 329 351 FY2025 FY2026 FY2027 (forecast) Total amount of dividends (¥M) 29,672 29,488 31,460 Dividend payout ratio 35.1% 38.1% 35.0% FY2027 Forecast, Dividends FY2026 dividend is JPY 329 per share, and we forecast JPY 351 per share for FY2027. • Dividend payout ratio of 35% (since FY2015) • Flexible payment based on performance Year-end Interim Dividend Policy Dividend History and Forecast (Planned) (¥)
Page 18
17 17 17 https://www.lasertec.co.jp/en/ir About the forward-looking statement The forecast of financial results provided in this presentation is based on the information available to the company and based on certain assumptions it has judged as reasonable. Actual results may differ materially from the forecast due to various factors. Rounding of figures in this presentation The figures of financial results in this presentation are rounded as described below unless otherwise noted. The sum of component figures may not be equal to the total figure due to round-off error. • Figures are rounded down to the decimal place shown. • Rates and ratios are rounded off to the decimal place shown. PR & IR Office Corporate Planning and Control Department Lasertec Corporation E-mail：ir@lasertec.co.jp IR News Alerts Register your email with this free service to receive updates on the latest IR news from Lasertec. Click here to sign up. Caution Contact