Sumco Corp
TSE:3436

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Sumco Corp
TSE:3436
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Price: 1 379.5 JPY 2.22% Market Closed
Market Cap: 483.1B JPY

Sumco Corp
Investor Relations

Sumco Corp., a notable player in the semiconductor industry, emerged as a crucial figure in the high-stakes game of enabling technological advancement. The company specializes in the production of silicon wafers, the foundational material from which the intricate pathways of microchips are carved. These wafers represent a critical component for semiconductor manufacturers, who fashion them into the devices that power modern electronics. Sumco's operations are deeply rooted in innovation and precision, engineering its wafers to suit a diverse range of applications from consumer electronics to automotive technologies. As a key supplier, Sumco is instrumental in the tech supply chain, where its products are highly demanded by companies crafting everything from smartphones to smart appliances.

What sets Sumco apart is its relentless pursuit of quality and efficiency, carving a niche in an industry dictated by high barriers to entry and constant technological evolution. The company's revenue streams heavily rely on their ability to maintain relationships with large semiconductor manufacturers, providing them with high-quality, customized wafers that meet the stringent requirements of cutting-edge chip designs. By leveraging advanced manufacturing technologies and maintaining a robust R&D framework, Sumco not only aligns itself with the rapid pace of technological development but also secures its financial footing. As these industries continue to expand with the rise of artificial intelligence, electric vehicles, and the Internet of Things, Sumco positions itself at the forefront, ensuring that it remains a vital cog in the machinery of digital innovation.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 11, 2025
AI Summary
Q3 2025

Q3 Results: Sumco reported Q3 results ahead of plan, though the overperformance was modest and mainly driven by cost reductions and delayed depreciation.

Revenue & Losses: Sales were JPY 99.1 billion, with an operating loss of JPY 1.6 billion; full-year sales are forecast at JPY 400 billion with an operating loss of JPY 4 billion.

Dividends: Fiscal year-end dividend guidance set at JPY 10 per share, totaling JPY 20 for the year.

Depreciation Pressure: Depreciation continues to rise, weighing heavily on profits, and is expected to peak in 2026 before easing in later years.

AI & Leading Edge: AI-related wafer demand is a growth driver, and leading-edge wafers now account for about 20% of 300mm revenue.

200mm vs. 300mm: 200mm wafer demand remains weak with little hope for recovery, while 300mm wafers show a gradual recovery, led by AI and server demand.

Inventory Overhang: Customer inventories, particularly for mature logic nodes, remain high, delaying a meaningful demand recovery until at least 2027.

CapEx: Capital expenditures are set to decline further, and free cash flow is expected to turn positive next year.

Key Financials
Revenue
JPY 99.1 billion
Operating Profit
-JPY 1.6 billion
Ordinary Profit
-JPY 2.6 billion
Net Income
-JPY 3.9 billion
Capital Expenditure
JPY 17.4 billion (Q3); JPY 69.3 billion (9M)
Depreciation
JPY 30.6 billion (Q3); JPY 80 billion (9M)
Free Cash Flow
-JPY 15.2 billion (9M)
Dividend per Share
JPY 10 (year-end); JPY 20 (full year)
Total Assets
JPY 1,142.5 billion
Total Liabilities
JPY 493.1 billion
Equity-to-Asset Ratio
51%
D/E Ratio
0.62x
AI-related Revenue Share (300mm)
Around 20%
Other Earnings Calls

Management

Mr. Mayuki Hashimoto
CEO & Chairman
No Bio Available
Mr. Toshihiro Awa
President, GM of Sales Headquarters & Director
No Bio Available
Shinichi Kubozoe
CFO, Executive VP & Representative Director
No Bio Available
Ito Hiroshi
GM of Accounting Department & President's Office
No Bio Available
Mr. Hiroshi Shibaya
Senior Managing Executive Officer, GM of Public Relations & IR Department
No Bio Available
Takeo Katoh
Sr. Managing Exec. Off. of AI Promotion Headquarters, General Affairs, HR & Labor Policy & Director
No Bio Available
Mr. Jiro Ryuta
Executive VP, GM of Production Technology Headquarters & Representative Director
No Bio Available
Takashi Atami
Senior Managing Executive Officer & GM of Crystal Technology
No Bio Available
Naruya Hirota
Executive Vice President
No Bio Available
Yasuharu Sasaki
Managing Executive Officer & Deputy GM of Sales Headquarters
No Bio Available

Contacts

Address
TOKYO-TO
Minato-ku
7F, Seavance North, 1-2-1, Shibaura
Contacts
+81354440808.0
www.sumcosi.com