Disco Corporation Provides Consolidated and Non Consolidated Earnings Guidance for the First Quarter Ending June 30, 2024
April 25, 2024 at 03:00 am EDT
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Disco Corporation provided consolidated and non consolidated earnings guidance for the first quarter ending June 30, 2024. For the quarter, on consolidated basis the company expects net sales JPY 75,300 million, Operating income to be JPY 27,100 million, net income to be JPY 18,900 million and net income per share to be JPY 174.44.
For the quarter, on non-consolidated basis the company expects net sales JPY 62,900 million, Operating income to be JPY 23,600 million, net income to be JPY 26,000 million and net income per share to be JPY 239.97.
Disco Corporation specializes in the manufacture and marketing of precision cutting, grinding and polishing machines, mainly for the semiconductor and electronic component industries, as well as for applications linked to generative artificial intelligence. Net sales break down by family of products as follows:
- precision machinery and equipment (64%): chain saws, laser engraving and cutting machines, grinders, polishers, wafer setters, die separators, planers and waterjet saws, etc.;
- precision processing tools and components (22%): cutting blades, dry polishing wheels and disks, diamond abrasive tools, etc.;
- other (14%): related equipment and accessories.
Net sales are distributed geographically as follows: Japan (12.2%), China (35.9%), Taiwan (11.9%), Korea (8.8%), Asia (8.4%), Americas (13.1%) and Europe (9.7%).
DISCO CORPORATION 
