A&D HOLON Holdings Company, Limited
7745・Prime Market・Precision Instruments
Semiconductor-related Business (All Regions incl. Asia & Oceania)
High-profitability core business handling semiconductor manufacturing and inspection equipment and converters
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment Revenue (FY2026 (ending March 2026), full year) | ¥11,114 million | ¥12,295 million | ↓ |
| Segment Operating Profit (FY2026 (ending March 2026), full year) | ¥3,628 million | ¥4,124 million | ↓ |
| Segment Operating Profit Margin (FY2026 (ending March 2026), full year) | 32.6% | 33.5% | ↓ |
| Revenue YoY Change | -9.6% | — | ↓ |
| Operating Profit YoY Change | -12.0% | — | ↓ |
Business Details
Main products include semiconductor design circuit dimension measurement, defect review, and analysis equipment for photomasks (manufactured by Holon Co., Ltd.), A/D・D/A Converters, and Electron Guns (manufactured by A&D Company, Limited). Sales and manufacturing are concentrated in Japan, with the Japan segment handling overseas sales, including those to Asia & Oceania, on a consolidated basis. While mid- to long-term growth is expected against a backdrop of expanding demand for advanced semiconductors for generative AI, data centers, and autonomous driving, FY2026 (ending March 2026) entered an adjustment phase due to a pullback from the robust demand seen in the prior period, resulting in decreased revenue and profit.
Recent Overview
Decreased revenue and profit due to pullback from prior-period demand, changes in product mix, and increased upfront investment
In FY2026 (ending March 2026), amid varying market conditions and demand trends by customer, the impact of a pullback from prior demand at certain customers was significant, resulting in revenue of ¥11,114 million (down 9.6% year on year). On the profit side, changes in product mix combined with increased upfront investment for service business expansion also had an impact, resulting in operating profit of only ¥3,628 million (down 12.0% year on year). Notably, the increase in tangible and intangible fixed assets for the period was ¥2,302 million, a substantial increase from the prior period (¥844 million), reflecting progress in capital investment aimed at developing next-generation products and enhancing supply capacity. In FY2027 (ending March 2027), the impact of a temporary demand adjustment in the Chinese market has become apparent, and the company plans to promote the strengthening of its global sales and service structure as well as expansion of its product lineup through new product development.
Key Products
Growth Drivers
- Mid- to long-term expansion of demand for advanced semiconductors for generative AI, data centers, and autonomous driving
- Continued investment in semiconductor manufacturing equipment aimed at strengthening supply chains in various countries
- Increasing need for high-precision measurement and inspection equipment as semiconductors become finer, more structured, and more complex
- Enhancement of supply capacity through promotion of next-generation equipment development and capital investment (¥2,302 million in the current period)
- Return to a mid- to long-term growth trajectory through strengthening of global sales and service structure
Risks
- The impact of demand adjustment in the Chinese market has become apparent, and the timing of recovery is unclear
- Sharp decline in demand due to fluctuations in the semiconductor investment cycle
- Uncertainty in U.S. financial and trade policy and geopolitical risk (Ukraine and Middle East situations)
- Short-term pressure on profit margins due to increased upfront investment for service business expansion
- Risk of declining profitability due to changes in product mix (mix deterioration)
Last updated: June 23, 2026