SHIBAURA MECHATRONICS CORPORATION
6590・Prime Market・Electric Appliances
Fine Mechatronics
The company's largest segment, centered on manufacturing equipment for semiconductor and FPD front-end processes
| Period | Current | Previous | Change |
|---|---|---|---|
| Sales | ¥52,213 million | ¥50,370 million | ↑ |
| Segment profit | ¥8,090 million | ¥8,893 million | ↓ |
| Segment assets | ¥56,757 million | ¥45,989 million | ↑ |
| Orders received | ¥52,788 million | ¥45,308 million | ↑ |
| Increase in tangible and intangible fixed assets | ¥8,523 million | ¥5,294 million | ↑ |
| Depreciation expense | ¥2,036 million | ¥1,375 million | ↑ |
Business Details
This segment manufactures and sells Semiconductor Manufacturing Equipment (Front-End Process) (cleaning, etching, ashing, and inspection equipment) and FPD Manufacturing Equipment (Front-End Process) (cleaning, stripping, etching, and developing equipment) as its core products, along with Laser Application Equipment / Microwave Application Equipment and other products. The company itself and Shibaura Eletech Co., Ltd. handle manufacturing, providing sales, installation, and maintenance services to semiconductor and FPD manufacturers both domestically and overseas. Logic/foundry customers, including TSMC, are the main clients, and the segment develops around a core lineup of globally niche-top products.
Recent Overview
Although sales increased, segment profit fell 9.0% year-on-year due to lower equipment sales and increased growth investment
In the Fine Mechatronics division for FY2026 (ending March 2026), logic/foundry-related equipment and Maintenance & Service progressed steadily, resulting in sales of ¥52,213 million (up 3.7% year-on-year). Meanwhile, equipment sales decreased year-on-year due to sluggish mask-related and power device-related equipment and a decline in FPD front-end process equipment. Combined with increased SG&A expenses from growth investments such as development-related spending, segment profit came to ¥8,090 million (down 9.0% year-on-year). Orders received increased to ¥52,788 million (up 16.5% year-on-year), indicating a recovery trend heading into the next period. Sales to the major customer TSMC expanded significantly to ¥34,482 million (up from ¥18,391 million in the prior year).
Key Products
Growth Drivers
- Continued and expanding capital expenditure for logic/foundry applications driven by growing AI demand
- Expanded transactions with major global customers including TSMC (sales of ¥34,482 million in the current consolidated fiscal year)
- Stable earnings contribution from the Maintenance & Service business, offsetting the decline in equipment sales
- Expansion into semiconductor-field products leveraging core FPD front-end process technology
- Contribution to next-period sales from a 16.5% year-on-year increase in orders received
Risks
- Downward pressure on equipment sales due to market slowdown in power device and mask-related equipment
- Prolonged sluggishness in FPD industry capital expenditure
- Impact on customer investment plans from geopolitical risks such as semiconductor export restrictions and tariffs
- Pressure on segment profit margin from expanded SG&A due to increased growth investments such as development-related spending (current period margin 15.5%, down from 17.7% in the prior period)
- Customer concentration risk from sales concentration with TSMC
Last updated: June 15, 2026