Marumae Nine-Month Revenue Nearly Doubles to ¥14.0bn as Semiconductor Demand Roars Back; Net Profit Up 160%

Marumae, a Kagoshima-based maker of precision metal parts for semiconductor and flat-panel production equipment, posted nine-month revenue up 92.9% to ¥14.02 billion and net profit up 159.7% to ¥2.43 billion as chip-equipment demand rebounded.

Marumae Marumae · TSE

Marumae Co., Ltd. (TSE: 6264), which machines vacuum-chamber and other precision components used in semiconductor and flat-panel-display manufacturing equipment, reported results for the nine months to May 31, 2026, the third quarter of its August financial year. On a consolidated basis, revenue nearly doubled, rising 92.9% to ¥14.02 billion, operating profit rose 84.1% to ¥2.64 billion, ordinary profit rose 85.7% to ¥2.46 billion and net profit rose 159.7% to ¥2.43 billion. EPS was ¥95.69, up from ¥36.98.

Chip-equipment upturn

The sharp gains reflect a broad recovery in capital spending by chipmakers and equipment builders, which lifted order volumes across Marumae's core semiconductor-parts business. The company shifted to consolidated reporting during the prior year, so year-on-year comparisons reflect that basis.

Balance sheet

Total assets stood at ¥33.96 billion, net assets at ¥15.18 billion and the equity ratio at 44.7%, up from 31.5% a year earlier.

Dividend and outlook

For the full August 2026 year Marumae guides revenue of ¥20.00 billion (+75.4%), operating profit of ¥4.10 billion (+98.3%), ordinary profit of ¥3.90 billion (+105.2%) and net profit of ¥3.30 billion (+145.4%), for EPS of ¥126.56. The shares were split two-for-one on April 1, 2026.

Marumae — 9M FY8/2026 Key Financials (J-GAAP, consolidated)
Metric9M FY8/269M FY8/25YoY
Revenue (¥m)14,0227,269+92.9%
Operating profit (¥m)2,6441,436+84.1%
Ordinary profit (¥m)2,4601,325+85.7%
Net profit (¥m)2,431936+159.7%
EPS (¥)95.6936.98+158.8%
Equity ratio44.7%31.5%+13.2pp
FY8/26 OP guidance (¥m)4,1002,068+98.3%

JapanStockPulse provides informational content only and does not constitute investment advice. Figures are taken from the company's published earnings short report and may be subject to subsequent revision.