FY2023 Financial Performance - Net sales reached ¥2,209.0 billion, a 10.2% year-over-year increase[8, 9] - Operating income was ¥617.7 billion, with an operating margin of 28.0%[8, 9] - Net income attributable to owners of parent amounted to ¥471.5 billion, up 7.9% year-over-year[8, 9] - R&D expenses increased by 20.8% to ¥191.1 billion[9] FY2024 Financial Estimates - Net sales are estimated to be ¥1,700.0 billion, a 23.0% decrease year-over-year[37] - Operating income is forecasted at ¥393.0 billion, with an operating margin of 23.1%[37] - Net income attributable to owners of parent is projected to be ¥300.0 billion, a 36.4% decrease[37] - R&D expenses are expected to reach a record high of ¥200.0 billion, despite a 5.1% decrease in SG&A expenses overall[37, 38] Segment Performance (FY2023) - Semiconductor Production Equipment (SPE) sales were ¥2,155.2 billion, a 10.9% increase year-over-year[9, 12] - Flat Panel Display (FPD) sales were ¥53.6 billion, a 10.3% decrease year-over-year[9, 12] Shareholder Returns - The company plans to implement a share repurchase of up to ¥120 billion[43] - Full-year dividends are expected to be ¥320 per share[43]
TEL(TOELY) - 2023 Q4 - Earnings Call Presentation