According to the latest report, statistics released by the Semiconductor Equipment Association of Japan (SEAJ) on the 25th showed that in October this year, the sales of semiconductor equipment in Japan 3-month moving average reached 271.904 billion yen, a year-on-year increase of 49.1%, showing growth for the 10th consecutive month.
Moreover, the growth rate surpassed 10% for the eighth consecutive month, the largest increase since July 2017. Sales in the first 10 months of this year amounted to 2,491,801 million yen, a year-on-year increase of 31.9%. With continued strong market demand, Japanese semiconductor equipment manufacturers have revised their financial forecasts one after another.
Furthermore, Japanese semiconductor equipment leader TEL announced on November 12 that due to the advancement of customer demand and the increase in orders, after evaluating the latest investment trends and performance trends of customers, it will set a consolidated revenue target for this year in April 2021-2022.
The original estimate of 1.85 trillion yen was revised up to 1.9 trillion yen which will increase by 35.8% annually, and annual revenue will hit a record high; the consolidated profit target has been revised up from 508 billion yen to 551 billion yen which will increase annually 71.8%; the consolidated net profit target has been revised from 370 billion yen to 400 billion yen it will be an annual increase of 64.6%, which will set a record high.
In addition, Screen Holdings, a semiconductor and panel manufacturing equipment manufacturer, announced on October 27 that due to semiconductor manufacturers’ equipment investment willingness exceeding expectations and record-breaking semiconductor equipment orders, it will set its consolidated revenue target for this year (April 2021-2022) from the original.
The estimated 391.5 billion yen was revised up to 409 billion yen, the consolidated profit target was revised up from 44.5 billion yen to 54.5 billion yen, and the consolidated net profit target was also revised up from 28 billion yen to 36 billion yen, a record new historical high record.
SEAJ predicted in July that logic foundries will actively invest, and storage manufacturers will also make high-level investments. It is expected that sales of Japanese semiconductor equipment will increase by 22.5% this year April 2021-2022. To 2,920 billion yen, breaking through a record high for two consecutive years.
Besides, SEAJ also pointed out that the investment level centered on logic wafer foundries is expected to remain high. It is expected that the sales of semiconductor equipment in Japan will exceed the 3 trillion yen mark for the first time in the next year to reach 3,070 billion yen, an increase of 5.1% year-on-year, 2023. The year-on-year growth continued by 4.9% year-on-year to 3.220 billion yen, and the compound annual growth rate (CAGR) for the period from 2021 to 2023 is expected to reach 10.5%.