Notice of Revision to Full-Year Consolidated Earnings Forecast for the Fiscal Year Ending December 2026

Summary of Forecast Revision

Ferrotec Corporation has revised upward its full-year consolidated earnings forecast for the fiscal year ending December 2026, reflecting increased demand for materials, ceramics, and quartz used in semiconductor manufacturing equipment related to generative AI, and expanding demand for thermal modules for AI data centers in the Electronic Devices segment. Net sales have been revised up from 380,000 hundred million yen to 400,000 hundred million yen; operating income from 60,000 hundred million yen to 68,000 hundred million yen; ordinary income from 55,000 hundred million yen to 66,000 hundred million yen; net income attributable to owners of parent from 36,000 hundred million yen to 48,000 hundred million yen; and net income per share from 683.66 yen to 912.67 yen.

Outlook and Factors

The foreign exchange assumption remains at 158 yen per USD. As long as the AI-driven tailwind continues, sales contributions from higher-margin products in the semiconductor equipment-related and Electronic Devices businesses are expected to strengthen. Any reconsideration or publication of revised numerical targets in the medium-term management plan will be examined and announced after monitoring future business trends.