Tokyo Electron, Japan’s top semiconductor equipment maker, projects a 150% increase in AI-related sales this fiscal year, reaching ¥690 billion ($4.8 billion). AI technology is set to comprise 30% of the company’s estimated ¥2.3 trillion in consolidated sales for the year ending March 2025, according to CFO Hiroshi Kawamoto. This marks a significant jump from last year’s 15%.
Despite investor concerns over AI chip growth, Tokyo Electron remains optimistic, with Kawamoto predicting continued expansion into next fiscal year. The company upgraded its earnings forecast in August, anticipating a 26% increase in sales and a record ¥478 billion net profit, buoyed by rising AI investment.
While demand for logic chips has softened, Tokyo Electron’s NAND flash memory segment is expected to rebound in early 2025. China remains a key market, accounting for nearly 50% of sales in the April-June quarter, despite geopolitical challenges.
Looking ahead, Tokyo Electron targets ¥3 trillion in net sales by 2027, bolstered by new products and mass-production certifications for its advanced etching and cleaning equipment. The company aims to increase market share in the competitive AI and semiconductor equipment sector.
