Financials Disco Corporation

Stocks

6146

JP3548600000

Semiconductor Equipment & Testing

Market Closed - Japan Exchange Other stock markets 04:30:00 24/07/26 pm AEST			5-day change	1st Jan Change
60,890.00 ^JPY	-12.27%		-13.74%	+26.41%

25/07	Disco Corp Announces Appointment of Andre Mintz to Board of Directors, Effective July 21, 2026	CI
24/07	Disco Corporation Announced the Revision of Dividend Forecasts for the Second Quarter Ending September 30, 2026	CI

Projected Income Statement: Disco Corporation

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Net sales ¹	253,781	284,135	307,554	393,300	436,889	548,488	644,734	725,453
Change	-	11.96%	8.24%	27.88%	11.08%	25.54%	17.55%	12.52%
EBITDA ¹	100,064	120,784	132,521	179,000	199,810	263,260	317,497	359,645
Change	-	20.71%	9.72%	35.07%	11.63%	31.76%	20.6%	13.28%
EBIT ¹	91,513	110,413	121,490	166,800	184,989	250,497	302,677	347,651
Change	-	20.65%	10.03%	37.3%	10.9%	35.41%	20.83%	14.86%
Interest Paid ¹	-	-46	-	-	-	-50	-50	-50
Earnings before Tax (EBT) ¹	92,251	112,785	114,576	168,100	183,811	250,036	297,694	347,249
Change	-	22.26%	1.59%	46.71%	9.35%	36.03%	19.06%	16.65%
Net income ¹	66,206	82,891	84,205	123,900	135,521	185,413	224,101	257,199
Change	-	25.2%	1.59%	47.14%	9.38%	36.82%	20.87%	14.77%
Announcement Date	21/4/22	20/4/23	25/4/24	17/4/25	22/4/26	-	-	-

¹JPY in Million

Estimates

Fiscal Period: March	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4	2028 Q1	2028 Q2	2028 Q3	2028 Q4
Net sales ¹	-	-	-	73,512	59,749	79,532	65,839	79,015	53,961	72,299	76,995	104,299	82,799	96,244	93,553	120,700	89,914	104,623	109,291	133,061	114,300	139,918	138,784	159,577	143,250	168,200	164,300	197,000
Change	-	-	-	-	-18.72%	33.11%	-17.22%	20.01%	-31.71%	33.98%	6.5%	35.46%	-20.61%	16.24%	-2.8%	29.02%	-25.51%	16.36%	4.46%	21.75%	-14.1%	22.41%	-0.81%	14.98%	-10.23%	17.42%	-2.32%	19.9%
EBITDA ¹	17,167	26,504	25,647	30,746	23,731	35,773	26,975	34,027	19,479	30,731	33,203	49,108	36,350	-	42,278	55,088	34,723	47,961	51,179	62,770	49,276	72,339	71,255	86,703	-	-	-	-
Change	-	54.39%	-3.23%	19.88%	-22.82%	50.75%	-24.59%	26.14%	-42.75%	57.76%	8.04%	47.9%	-25.98%	-	-	30.3%	-36.97%	38.12%	6.71%	22.65%	-21.5%	46.8%	-1.5%	21.68%	-	-	-	-
EBIT ¹	15,444	24,514	23,292	28,263	21,592	33,278	24,258	31,285	16,972	28,037	30,354	46,127	33,376	42,576	39,146	51,700	34,480	44,391	47,341	58,777	49,000	65,492	63,924	75,959	67,300	83,250	81,600	101,850
Change	-	58.73%	-4.98%	21.34%	-23.6%	54.12%	-27.1%	28.97%	-45.75%	65.2%	8.26%	51.96%	-27.64%	27.56%	-8.06%	32.07%	-33.31%	28.74%	6.65%	24.16%	-16.63%	33.66%	-2.39%	18.83%	-11.4%	23.7%	-1.98%	24.82%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	14,716	25,119	23,902	28,514	22,737	34,799	22,522	32,727	18,139	28,107	21,876	46,454	33,457	41,318	41,866	51,500	33,652	44,919	46,802	58,438	48,410	64,612	62,750	80,945	61,300	71,400	67,900	80,600
Change	-	70.69%	-4.84%	19.3%	-20.26%	53.05%	-35.28%	45.31%	-44.57%	54.95%	-22.17%	112.35%	-27.98%	23.5%	1.33%	23.01%	-34.66%	33.48%	4.19%	24.86%	-17.16%	33.47%	-2.88%	29%	-24.27%	16.48%	-4.9%	18.7%
Net income ¹	10,581	18,011	16,917	20,697	16,039	24,634	16,546	25,672	12,682	20,026	16,072	35,425	23,713	29,730	31,809	38,600	23,767	32,146	36,726	42,882	34,200	48,504	47,500	57,404	49,350	61,000	59,700	74,450
Change	-	70.22%	-6.07%	22.34%	-22.51%	53.59%	-32.83%	55.16%	-50.6%	57.91%	-19.74%	120.41%	-33.06%	25.37%	6.99%	21.35%	-38.43%	35.25%	14.25%	16.76%	-20.25%	41.83%	-2.07%	20.85%	-14.03%	23.61%	-2.13%	24.71%
Announcement Date	20/7/21	21/10/21	25/1/22	21/4/22	21/7/22	20/10/22	24/1/23	20/4/23	20/7/23	19/10/23	24/1/24	25/4/24	18/7/24	17/10/24	23/1/25	17/4/25	17/7/25	29/10/25	21/1/26	22/4/26	23/7/26	-	-	-	-	-	-	-

¹JPY in Million

Estimates

Fiscal Period: March	2022 S2	2023 S1	2023 S2	2024 S1	2024 S2	2025 S1	2025 S2	2026 S1	2026 S2	2027 S1	2027 S2	2028 S1	2028 S2
Net sales ¹	137,699	139,281	144,854	126,260	181,294	179,043	214,257	194,537	242,352	249,154	299,840	304,000	370,000
Change	-	1.15%	4%	-12.84%	43.59%	-1.24%	19.67%	-9.2%	24.58%	2.81%	20.34%	1.39%	21.71%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	51,555	54,870	55,543	45,009	76,481	75,952	90,848	78,871	106,118	104,900	140,000	136,000	183,000
Change	-	6.43%	1.23%	-18.97%	69.92%	-0.69%	19.61%	-13.18%	34.55%	-1.15%	33.46%	-2.86%	34.56%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	52,416	57,536	-	46,246	-	74,775	-	78,571	-	-	-	-	-
Change	-	9.77%	-	-	-	-	-	-	-	-	-	-	-
Net income ¹	37,614	40,673	42,218	32,708	51,497	53,443	70,457	55,913	79,608	73,800	-	-	-
Change	-	8.13%	3.8%	-22.53%	57.44%	3.78%	31.84%	-20.64%	42.38%	-7.3%	-	-	-
Announcement Date	21/4/22	20/10/22	20/4/23	19/10/23	25/4/24	17/10/24	17/4/25	29/10/25	22/4/26	-	-	-	-

¹JPY in Million

Estimates

Forecast Balance Sheet: Disco Corporation

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Net Debt ¹	-125,771	-163,053	-215,486	-229,167	-284,575	-357,998	-453,657	-571,120
Change	-	-29.64%	-32.16%	-6.35%	-24.18%	-25.8%	-26.72%	-25.89%
Announcement Date	21/4/22	20/4/23	25/4/24	17/4/25	22/4/26	-	-	-

¹JPY in Million

Estimates

Cash Flow Forecast: Disco Corporation

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
CAPEX ¹	43,576	14,972	16,140	66,861	35,143	33,569	34,257	30,431
Change	-	-65.64%	7.8%	314.26%	-47.44%	-4.48%	2.05%	-11.17%
Free Cash Flow (FCF) ¹	40,063	68,706	81,121	53,503	-2,226	127,320	179,492	227,486
Change	-	71.49%	18.07%	-34.05%	-104.16%	5,819.68%	40.98%	26.74%
Announcement Date	21/4/22	20/4/23	25/4/24	17/4/25	22/4/26	-	-	-

¹JPY in Million

Estimates

Forecast Financial Ratios: Disco Corporation

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Profitability
EBITDA Margin (%)	39.43%	42.51%	43.09%	45.51%	45.73%	48%	49.24%	49.58%
EBIT Margin (%)	36.06%	38.86%	39.5%	42.41%	42.34%	45.67%	46.95%	47.92%
EBT Margin (%)	36.35%	39.69%	37.25%	42.74%	42.07%	45.59%	46.17%	47.87%
Net margin (%)	26.09%	29.17%	27.38%	31.5%	31.02%	33.8%	34.76%	35.45%
FCF margin (%)	15.79%	24.18%	26.38%	13.6%	-0.51%	23.21%	27.84%	31.36%
FCF / Net Income (%)	60.51%	82.89%	96.34%	43.18%	-1.64%	68.67%	80.09%	88.45%
Profitability
ROA	25.21%	25.73%	23.88%	20.48%	26.47%	24.74%	22.67%	22.09%
ROE	24.3%	25.9%	22.4%	28.49%	25.1%	28.23%	28.43%	28.03%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	17.17%	5.27%	5.25%	17%	8.04%	6.12%	5.31%	4.19%
CAPEX / EBITDA (%)	43.55%	12.4%	12.18%	37.35%	17.59%	12.75%	10.79%	8.46%
CAPEX / FCF (%)	108.77%	21.79%	19.9%	124.97%	-1,578.75%	26.37%	19.09%	13.38%
Items per share
Cash flow per share ¹	690.7	861.2	879.1	1,111	1,387	1,514	1,804	2,166
Change	-	24.7%	2.08%	26.34%	24.83%	9.19%	19.16%	20.05%
Dividend per Share ¹	269.3	305.3	307	413	505	703.6	842.2	1,055
Change	-	13.37%	0.55%	34.53%	22.28%	39.32%	19.71%	25.21%
Book Value Per Share ¹	2,703	3,202	3,740	4,407	5,408	6,456	7,737	8,979
Change	-	18.47%	16.8%	17.84%	22.71%	19.37%	19.85%	16.06%
EPS ¹	611.7	765.5	777.3	1,143	1,250	1,716	2,066	2,313
Change	-	25.14%	1.54%	47.08%	9.32%	37.32%	20.38%	11.98%
Nbr of stocks (in thousands)	108,270	108,302	108,349	108,375	108,462	108,468	108,468	108,468
Announcement Date	21/4/22	20/4/23	25/4/24	17/4/25	22/4/26	-	-	-