Tokyo Electron hikes net profit forecast by 12.7%
The logo of Tokyo Electron Ltd (TEL) is seen at SEMICON 2025 in Taipei, Taiwan, September 10, 2025. REUTERS/Ann Wang
TOKYO, Feb 6 : Tokyo Electron on Friday hiked its annual net profit forecast by 12.7 per cent to 550 billion yen ($3.51 billion) for the year ending March 2026.
The manufacturer of chipmaking equipment also said it would spend up to 150 billion yen buying back up to 7.5 million shares.
($1 = 156.8100 yen)
Source: Reuters
