Lasertec raises annual order guidance despite revenue decline

Lasertec disclosed a 26% decline in revenue to ¥40.4 billion for the July-September quarter, down from the previous year's figures. Operating profit suffered a 41% drop year-over-year, reaching ¥15.8 billion. Unfortunately, the Japanese company's first-quarter results fell short of market expectations. Management disclosed that the figures aligned with internal predictions.

The company had forecasted quicker revenue recognition for tools shipped in the first half of 2026, but the process began more slowly than anticipated. Lasertec adjusted its full-year order guidance upward, to ¥400 billion-¥500 billion, from its prior range of ¥300 billion-¥400 billion. Management cited the persistent receipt of repeat orders for the mass production of the ACTIS A200HiT system as the reason for the revision.

These orders are still coming in before customers have finished their evaluations. This report was produced with AI assistance and subsequently reviewed by an editor.