‌First Quarter of Fiscal Year Ending June 2026 (July - September 2025) Financial Results

October 31, 2025 Lasertec Corporation



‌Agenda Results of the First Quarter of Fiscal Year Ending June 2026

Hisashi Yokokawa Executive Officer & CFO

Business Environment and Forecast for Fiscal Year Ending June 2026

Tetsuya Sendoda

Representative Director, President & CEO

1



‌Agenda Results of the First Quarter of Fiscal Year Ending June 2026

Hisashi Yokokawa Executive Officer & CFO

Business Environment and Forecast for Fiscal Year Ending June 2026

Tetsuya Sendoda

Representative Director, President & CEO

2



‌Results in Perspective (Quarterly)

Sales and profits are on track to meet the full-year forecast for FY2026 (sales: JPY 200 billion, operating income: JPY 85 billion).

In millions of yen

FY2025

FY2026

YoY

(vs FY25Q1)

QoQ

(vs FY25Q4)

Q1

Q2

Q3

Q4

Q1

Net sales

36,737

92,230

39,866

82,641

54,171

+47.5%

(34.5)%

Gross profit

21,094

53,291

22,414

51,456

32,807

+55.5%

(36.2)%

GP margin

57.4%

57.8%

56.2%

62.3%

60.6%

-

-

Operating income

15,922

47,739

15,629

43,551

26,728

+67.9%

(38.6)%

OP margin

43.3%

51.8%

39.2%

52.7%

49.3%

-

-

Net income

8,930

34,387

9,375

31,958

19,057

+113.4%

(40.4)%

R&D expenses

2,171

2,143

3,261

4,101

3,071

+41.4%

(25.1)%

R&D percentage of sales

5.9%

2.3%

8.2%

5.0%

5.7%

-

-

Capital expenditure

298

3,828

337

572

411

+38.0%

(28.1)%

Depreciation and amortization

965

1,083

1,300

1,327

1,199

+24.2%

(9.7)%

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3

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‌Sales by Product Category (Quarterly)

Sales of semiconductor-related products totaled JPY 41.7 billion, mainly from ACTIS and MATRICS.

In billions of yen

92.2

82.6

47.6

39.2

0.7

7.6

62.2

54.5

1.3

6.2

56.3

46.0

0.5

9.7

36.7

25.6

1.0

9.9

77.3

2.6

12.2

39.8

30.4

0.5

8.8

69.3

1.3

11.9

54.1

41.7

0.2 12.2

Semiconductor-related products

Other products Services

Q2 FY2024

Q3 Q4 Q1 FY2025

Q2 Q3 Q4

Q1 FY2026

4

4

4



‌Sales by Region (Quarterly)

In billions of yen

62.2

92.2

6.1

11.1

82.6

4.5

24.5

47.6

2.7

9.8

7.2

4.6

18.4

4.6

7.4 27.8

19.2

1.8

3.7

2.1

56.3

2.6

7.5

14.4

4.6

18.4

8.5

36.7

2.9

11.9

8.4

3.0

9.2

1.1

41.7

5.1

20.5

7.5

39.8

7.1

5.9

5.6

5.5

14.1

1.3

9.4

9.8

23.9

10.2

54.1

4.0

14.4

6.0

5.6

22.0

1.9

Japan

Korea Taiwan

Asia (other)

U.S.

Europe

Q2

FY2024

Q3 Q4 Q1

FY2025

Q2 Q3 Q4

Q1

FY2026

5

5

5



‌Balance Sheet (Quarterly)

Inventories remained at high levels. Net assets amounted to JPY 205.9 billion.

Assets Liabilities and Net Assets

In billions of yen

288.3 299.3

329.6

309.2

In billions of yen

288.3 299.3

329.6

64.3

309.2

261.2

30.6

14.0

171.5

5.8

27.8

11.2

26.8

47.3

163.5

8.1

31.1

11.3

53.8

22.0

174.4

6.5

30.5

11.9

86.0

24.7

169.0

6.9

30.2

12.4

68.6

20.7

169.7

8.8

29.9

11.3

Cash and deposits

Notes and accounts receivable-trade

Inventories

Other current assets Property, plant and equipment

Other non-current

261.2

75.6

11.5

28.7

1.4

143.9

51.6

18.4

37.0

1.3

179.8

77.9

11.6

31.1

1.3

177.3

9.6

43.9

1.7

209.9

68.3

8.3

24.7

1.7

205.9

Advances received

Accounts payable-trade

Other current liabilities

Non-current liabilities

Net assets

Q1 FY2025

Q2 Q3 Q4

Q1 FY2026

assets

Q1 FY2025

Q2 Q3 Q4

Q1 FY2026

6

6

6



‌Cash Flows (Quarterly)

Cash used in financing activities amounted to JPY 23.3 billion, mainly due to dividend payments and share repurchases.

In billions of yen

FY2024

FY2025

FY2026

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Q1

Cash on hand

30.6

29.7

38.1

30.6

26.8

53.8

86.0

68.6



Operating CF Investing CF Financing CF

4.43.7 5.35.0 9.07.7

(1.5)

FCF

7.2

5.7

38.5 38.2



33.3 32.9

5.9 5.5



(0.6) (0.3) (1.3 (0.0) (0.3)

) (1.2)

(6.5) (4.1)

(15.0)

(1.4)

(10.0)

(0.2)

(10.3)

(0.3)(0.0)

(0.3)

(23.2)

7

7

7



‌R&D Expenses, Capital Expenditure, and Depreciation and Amortization

FY2026 forecast

R&D expenditure and capital expenditure are being made as planned. (Reference)

(In billions of yen)

In billions of yen

R&D expenses
Capital expenditure*1

R&D Expenses

13.0

Capital

Expenditure

2.7

Depreciation and Amortization

4.3

Depreciation and amortization

3.8

3.2

4.1

2.1 2.1

0.9

0.2

1.3

1.0

0.3

0.5

3.0

1.3

0.4

1.1

Q1 FY2025

*1. Including intangible assets

Q2 Q3 Q4

8

8

Q1 FY2026

8



‌Agenda

Results of the First Quarter of Fiscal Year Ending June 2026

Hisashi Yokokawa Executive Officer & CFO

Business Environment and Forecast for Fiscal Year Ending June 2026

Tetsuya Sendoda

Representative Director, President & CEO

9



‌Business Environment

Where semiconductor device makers stand

  • Multiple customers are expected to begin N2 production in CY2025.

  • Development of processes using high-NA tools is proceeding.

  • Investment in AI-related fields, including memory, is robust.

  • Investment in power semiconductor-related fields remains slow.

    10

    10

    10



    ‌FY2026 Full-Year Forecast

    FY2026 Outlook

    Sales and Profit

  • No changes to full-year forecast

    Orders

  • Expected to start to recover gradually from CY2026.

    Results Forecast

    * 想定 為

    FY2025

    FY2026

    Forecast

    Year-on-year change

    Net sales

    251,477

    200,000

    (20.5)%

    Semiconductor-related products

    202,965

    149,500

    (26.3)%

    Other products

    5,552

    2,500

    (55.0)%

    Services

    42,959

    48,000

    +11.7%

    Operating income

    122,843

    85,000

    (30.8)%

    OP margin

    48.8%

    42.5%

    -

    Net profit

    84,652

    60,000

    (29.1)%

    R&D expenses

    11,677

    13,000

    +11.3%

    R&D percentage of sales

    4.6%

    6.5%

    -

    Capital expenditure

    5,037

    2,700

    (46.4)%

    Depreciation and amortization

    4,676

    替

    4,300

    (8.1)%

    Assumed exchange rate: 135 yen/USD

    In millions of yen

    11

    11

    レート：140

    円

    / 米ド ル

    11



    ‌New Product

    October 31, 2025

    Actinic EUV Patterned Mask Inspection System

    ACTIS A200HiT Series

    Significantly higher throughput for use in fabs

    • Provides three times the inspection speed of its predecessor, A150

    • Achieves the sensitivities needed to detect all printable defects occurring in fabs

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      12

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      ‌Caution

      About the forward-looking statement

      The forecast of financial results provided in this presentation is based on the information available to the company and based on certain assumptions it has judged as reasonable. Actual results may differ materially from the forecast due to various factors.

      Rounding of figures in this presentation

      The figures of financial results in this presentation are rounded as described below unless otherwise noted. The sum of component figures may not be equal to the total figure due to round-off error.

    • Figures are rounded down to the decimal place shown.

    • Rates and ratios are rounded off to the decimal

place shown.

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Lasertec Corporation published this content on October 31, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 31, 2025 at 07:09 UTC.