Tokyo Electron Eyes 1 Trillion Yen Operating Profit on Samsung, SK hynix Spending

Tokyo Electron expects operating profit of about 1 trillion yen (~$6.35 billion) for the fiscal year ending March 2027, up roughly 60% and above its previous record of 697.3 billion yen. Samsung became its largest customer at 15.1% of revenue, overtaking TSMC at 12.9%.

• Operating profit forecast at 1 trillion yen, up about 60% year over year
• Samsung accounted for 15.1% of revenue (368.1 billion yen), ahead of TSMC at 12.9%
• Company aims to lift gross margin from 47% to 50%
• Demand driven by AI infrastructure capex from Amazon, Alphabet, Microsoft and Meta