ULVAC, Inc.
6728・Prime Market・Electric Appliances
Vacuum Equipment Business
ULVAC's core segment. Provides an integrated lineup of vacuum equipment for semiconductors, FPDs, and industrial applications.
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (external customers, cumulative Q3) | ¥150,005 million | ¥150,061 million (same period of prior year) | — |
| Operating profit (cumulative Q3) | ¥12,769 million | ¥17,743 million (same period of prior year) | ↓ |
| Segment profit margin (cumulative Q3) | 8.5% | 11.8% (same period of prior year) | ↓ |
| Order intake (cumulative Q3) | ¥191,644 million | ¥126,001 million (same period of prior year) | ↑ |
| Order backlog (end of Q3) | ¥144,780 million | ¥98,350 million (end of prior fiscal year) | ↑ |
Business Details
The Vacuum Equipment Business consists of four product categories: Semiconductor and Electronic Components Manufacturing Equipment, Display and Energy-Related Manufacturing Equipment, Components, and General Industrial Equipment. It provides an integrated offering encompassing the development, manufacture, sale, and maintenance services of sputtering equipment, CVD equipment, etching equipment, vacuum pumps, and other products. This is the core segment, accounting for approximately 78% of consolidated net sales, with semiconductor, FPD, and electronic components manufacturers as its principal customers. Net sales to external customers for the nine months ended March 2026 (cumulative third quarter of FY2026, ending June 2026) were ¥150,005 million.
Recent Overview
Order intake surged 52.1% year on year, but net sales were flat and operating profit fell 28.0%.
In the nine months ended March 2026 (cumulative third quarter of FY2026, ending June 2026, July 2025 to March 2026), order intake expanded significantly to ¥191,644 million (up 52.1% year on year), driven by the advanced logic, memory, and advanced packaging fields as well as OLED-related demand. On the other hand, net sales remained flat at ¥150,005 million, affected by the reversal of power device investment in Japan and China. Combined with an increase in selling, general and administrative expenses, operating profit declined significantly to ¥12,769 million (down 28.0% year on year). As a subsequent event, the Board of Directors resolved on May 12, 2026 to transfer equity interests to integrate the FPD target business into a Chinese joint venture company (Beijing Fenghe Jingsheng Electronic Materials Co., Ltd.), and a gain of approximately ¥7.8 billion on the sale of investments in affiliated companies is expected to be recorded as extraordinary income in FY2026 (ending June 2026).
Key Products
Growth Drivers
- Expansion of capital investment in advanced logic and next-generation memory driven by the spread of generative AI
- Continued robust investment in the advanced packaging field
- Progress in new and expanded semiconductor plant construction plans worldwide in response to geopolitical risks
- Increased investment in FPD panel enlargement driven by expanded OLED adoption in IT products (tablets, PCs)
- Growing demand for high-performance magnet manufacturing equipment as supply chain diversification investment in the rare earth magnet field gains momentum
- Capture of new demand such as leak test equipment for cooling systems including AI servers
Risks
- Risk of continued downward pressure on net sales from the reversal of power device investment in Japan and China
- Risk of prolonged adjustment in capital investment for batteries and power devices due to slowing EV demand
- Pressure on profit margins from increased selling, general and administrative expenses (up ¥3,547 million year on year)
- Business transition risk and changes in profit contribution associated with the integration of the FPD target business into a Chinese joint venture company
- Risk of fluctuations in capital investment plans due to trade policy developments (tariffs, export restrictions, etc.)
- Impact of foreign exchange fluctuations (yen appreciation) on net sales and profit
Last updated: September 26, 2025