Preliminary Report on Non-Consolidated Sales Figures
(Fourth Quarter of Fiscal Year 2018)
DISCO Corporation today released a preliminary report of the non-consolidated sales figures for the fourth quarter (4Q) of fiscal year 2018.
|Quarterly Non-Consolidated Sales Figures for Fiscal Year 2018
|Fiscal Year 2018
Fiscal Year 2017
|YoY % Change
|QoQ % Change
Non-consolidated net sales in the fourth quarter amounted to ¥264,95 million, a year-on-year decrease of 23.1%, and a quarter-on-quarter decrease of 8.4%. Accumulated net sales were ¥124,490 million, which is equivalent to 99.8% of the most recent estimate for non-consolidated net sales for the fourth quarter (net sales of ¥124,800 million).
Although inquiries for precision processing equipment usually increase in the fourth quarter (January – March), sales in Europe and the United States area remained stable, whereas the willingness to invest in Asia, which is a volume zone, remained low. Thus, sales were stagnant compared to the fourth quarter of the previous year.
Sales for precision processing tools (consumables) decreased in the fourth quarter in both FY2017 and FY2018 because customers’ capacity utilization rates remained low in addition to the decrease due to seasonality.
In FY2018, although customers’ willingness to invest in equipment and facilities decreased in the second half, shipments of precision processing equipment and tools for a wide range of semiconductor applications based on memory were stable. Thus, the net sales throughout FY2018 marked the second highest ever.
|The official financial results for the fourth quarter of fiscal year 2018 will be reported to the Tokyo Stock Exchange on May 8, 2019.
|Purpose of the Preliminary Report
DISCO Corporation (the Company) makes preliminary reports on non-consolidated sales, earnings results, and consolidated sales 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 above preliminary report of sales 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.