TAZMO Co.,LTD.
6266・Prime Market・Machinery
Process Equipment Business
Core segment of Tazmo handling process equipment for semiconductors and liquid crystal displays
| Period | Current | Previous | Change |
|---|---|---|---|
| Sales (cumulative Q1 FY2026, ending December 2026) | ¥4,737 million | ¥4,804 million (cumulative Q1 FY2025, ending December 2025) | ↓ |
| Operating profit (cumulative Q1 FY2026, ending December 2026) | ¥60 million | ¥752 million (cumulative Q1 FY2025, ending December 2025) | ↓ |
| Orders received (cumulative Q1 FY2026, ending December 2026) | ¥14,641 million | ¥3,592 million (cumulative Q1 FY2025, ending December 2025) | ↑ |
| Order backlog (as of March 31, 2026) | ¥27,618 million | ¥24,193 million (as of March 31, 2025) | ↑ |
Business Details
Develops, manufactures, sells, and maintains electronic device manufacturing process equipment and related peripherals for semiconductors, liquid crystal displays, and other applications. Composed of three divisions: Semiconductor Equipment (coating/developing, for advanced packaging), Transport Equipment (wafer transport robots), and Cleaning Equipment (single-wafer and batch type) (from Q1 FY2026 (ending December 2026), Coaters were integrated into Semiconductor Equipment). Major customers are domestic and overseas semiconductor manufacturers and research institutions. The company also has cost competitiveness leveraging its production system at its Vietnamese subsidiary.
Recent Overview
Sales declined slightly but orders received surged over fourfold year on year, led by Semiconductor Equipment
In Q1 FY2026 (ending December 2026), Process Equipment Business sales were ¥4,737 million (down 1.4% year on year), and operating profit was ¥60 million (down 92.0% year on year), a significant decline in profit. While Semiconductor Equipment saw acceptance inspections proceed as planned and achieved higher sales, Transport Equipment saw lower sales due to a shortage of projects for which sales could be recorded. On the order front, orders for Semiconductor Equipment surged to ¥11,711 million (up 897.0% year on year), and segment-wide orders received reached ¥14,641 million (up 407.6% year on year), with order backlog building up to ¥27,618 million (up 14.2% year on year), providing a favorable leading indicator for future sales recognition.
Key Products
Growth Drivers
- Increased demand for Semiconductor Equipment for advanced packaging driven by expanding capital expenditure for generative AI-related servers (Semiconductor Equipment orders received up 897.0% year on year)
- Room for future sales recognition from the buildup of order backlog to ¥27,618 million (up 14.2% year on year)
- Order conditions for Transport Equipment are on a recovery trend, with future sales growth expected
- Cost competitiveness leveraging the Vietnamese subsidiary (TAZMO VIETNAM CO., LTD.)
- Rising capital expenditure appetite among customers amid memory semiconductor supply shortages and price increases driven by AI server-related demand
Risks
- High dependence on the semiconductor industry's capital expenditure cycle (boom-bust swings directly affect results)
- Uncertainty in the timing of sales recognition for the Transport Equipment and Cleaning Equipment divisions (recovery in orders takes time to translate into sales)
- Risk of continued weakness in wafer manufacturers' capital expenditure (Cleaning Equipment order backlog down 18.4% year on year)
- Impact of structural contraction in FPD-related capital expenditure following the integration of Coaters (liquid crystal color filter manufacturing equipment) into Semiconductor Equipment
- Risk of sales concentration among specific customers (TSMC is a major customer)
- Uncertainty in the business environment due to heightened geopolitical risk and unstable exchange rates
- Risk of delays in acceptance inspection and sales recognition despite the buildup in order backlog
Last updated: March 23, 2026