日本芯片设备，卖疯了

Core Insights - Japan's semiconductor manufacturing equipment sales continue to thrive, with a significant increase of approximately 15% in September 2025, marking the 18th consecutive month of double-digit growth [2] - The sales figure for September 2025 reached 424.59 billion yen, representing a 14.9% year-on-year increase, and the monthly sales have exceeded 400 billion yen for 11 consecutive months, setting a historical record since 1986 [2][3] - Cumulative sales from January to September 2025 amounted to 3.80047 trillion yen, an 18.7% increase compared to the same period last year, surpassing the previous year's total of 3.20077 trillion yen [3] Market Position - Japan holds a strong position in the semiconductor equipment market, with a global market share of 30%, second only to the United States [3] - Four Japanese companies are ranked among the top ten global semiconductor equipment manufacturers, including Tokyo Electron (TEL), Advantest, Screen, and Hitachi High-Tech [5] Industry Trends - The demand for AI server GPUs and HBM is driving growth, with increased investments in 2nm technology by TSMC and rising investments in DRAM/HBM from South Korea [3] - The forecast for Japan's semiconductor equipment sales for the fiscal year 2025 has been revised upward to 4.8634 trillion yen, indicating a 2% increase from the previous year and marking the second consecutive year of record sales [3] Technological Strengths - Japanese manufacturers excel in specific equipment categories such as coating and developing equipment, thermal processing equipment, and cleaning equipment, while having a lower market share in dry etching and CVD equipment [5][8] - The success of Japanese companies in fluid-related equipment and materials is attributed to their bottom-up R&D approach, allowing for customized equipment solutions [8]