Tokyo Electron Device Limited logo

Tokyo Electron Device Limited

2760.T

JPXTechnologyHardware, Equipment & Parts

Latest quote

¥3,995

+¥25.00 · +0.63%

Aug 24, 3:30 PM JST

2760.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Operating as a global technology trading firm, Tokyo Electron Device Limited specializes in the provision of electronic components and comprehensive computer networking solutions across international markets. The company actively participates in the design, development, and distribution of a wide array of semiconductor products, various circuit boards, software applications, and other essential electronic parts. Its extensive product catalog features a broad spectrum of integrated circuits, including microprocessors, memory modules, ASICs, FPGAs, digital signal processors, image processors, as well as analog, power supply, and timing ICs, alongside wireless, optical, and sensor devices, and discrete components. Beyond core hardware, Tokyo Electron Device also delivers software solutions such as operating systems and development tools, a diverse range of specialized boards (e.g., CPU, interface, evaluation), display technologies, power supplies, connectors, and storage devices. Moreover, the firm offers robust networking solutions, encompassing datacenter and campus switches, load balancers, and VPN appliances. Its storage offerings span SAN fabric switches, data protection systems, and hyper-converged infrastructure, while its security portfolio includes firewalls, DNSSEC, and SSL solutions. Founded in 1986, the company is headquartered in Yokohama, Japan.

Industry
Hardware, Equipment & Parts
Sector
Technology
Headquarters
JP
CEO
Atsushi Tokushige
Listed since
Mar 7, 2003
Employees
1,408

Market position

52-week range

Current ¥3,995

Open
¥3,995
Previous close
¥3,970
Volume
76K
0.36× average
Average volume
208.9K
Average daily volume
Market cap
117.65B JPY
Beta
0.69
Market reference 1
50-day average
¥3,996.8
-0.05% below average
200-day average
¥3,596.13
+11.09% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
109.03B JPY
P/E (TTM)
12.69×
P/B (TTM)
2.2×
P/S (TTM)
0.54×
EV / EBITDA
9.62×
Earnings yield
8.99%
Free cash flow yield
17.67%
Dividend yield
2.68%

Profitability & efficiency

Gross margin
15.71%
Operating margin
5.88%
Net margin
4.24%
Return on equity
14.85%
Return on assets
4.84%
Return on invested capital
8.11%

Financial health

Debt / equity
0.63×
Current ratio
1.77×
Altman Z-score
3.14
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends17%12%7%2%Gross margin, FY2021: 14.25%Gross margin, FY2022: 14.25%Gross margin, FY2023: 15.30%Gross margin, FY2024: 15.59%Gross margin, FY2025: 15.48%Operating margin, FY2021: 4.52%Operating margin, FY2022: 5.92%Operating margin, FY2023: 6.35%Operating margin, FY2024: 5.76%Operating margin, FY2025: 5.03%Net margin, FY2021: 2.83%Net margin, FY2022: 3.65%Net margin, FY2023: 4.11%Net margin, FY2024: 4.10%Net margin, FY2025: 3.85%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 14.25%. Gross margin FY2022 14.25%. Gross margin FY2023 15.30%. Gross margin FY2024 15.59%. Gross margin FY2025 15.48%. Operating margin FY2021 4.52%. Operating margin FY2022 5.92%. Operating margin FY2023 6.35%. Operating margin FY2024 5.76%. Operating margin FY2025 5.03%. Net margin FY2021 2.83%. Net margin FY2022 3.65%. Net margin FY2023 4.11%. Net margin FY2024 4.10%. Net margin FY2025 3.85%.

Income trends

Revenue

203.75B JPY-5.84%

Operating income

10.25B JPY-17.70%

Net income

7.84B JPY-11.63%
Income trends across reported periods266.67B JPY171.55B JPY76.43B JPY−18.7B JPYRevenue, FY2021: 179.91B JPYRevenue, FY2022: 240.35B JPYRevenue, FY2023: 242.89B JPYRevenue, FY2024: 216.38B JPYRevenue, FY2025: 203.75B JPYOperating income, FY2021: 8.13B JPYOperating income, FY2022: 14.23B JPYOperating income, FY2023: 15.43B JPYOperating income, FY2024: 12.46B JPYOperating income, FY2025: 10.25B JPYNet income, FY2021: 5.09B JPYNet income, FY2022: 8.78B JPYNet income, FY2023: 9.99B JPYNet income, FY2024: 8.88B JPYNet income, FY2025: 7.84B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 179.91B JPY. Revenue FY2022 240.35B JPY. Revenue FY2023 242.89B JPY. Revenue FY2024 216.38B JPY. Revenue FY2025 203.75B JPY. Operating income FY2021 8.13B JPY. Operating income FY2022 14.23B JPY. Operating income FY2023 15.43B JPY. Operating income FY2024 12.46B JPY. Operating income FY2025 10.25B JPY. Net income FY2021 5.09B JPY. Net income FY2022 8.78B JPY. Net income FY2023 9.99B JPY. Net income FY2024 8.88B JPY. Net income FY2025 7.84B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue203.75B JPY216.38B JPY242.89B JPY240.35B JPY179.91B JPY
Cost of goods sold172.21B JPY182.65B JPY205.72B JPY206.11B JPY154.27B JPY
Gross profit31.54B JPY33.73B JPY37.17B JPY34.24B JPY25.64B JPY
Research and development409M JPY383M JPY512M JPY532M JPY
Selling, general, and administrative21.29B JPY21.27B JPY21.36B JPY19.5B JPY16.97B JPY
Operating expenses21.29B JPY21.27B JPY21.74B JPY20.02B JPY17.51B JPY
Interest income57M JPY76M JPY59M JPY10M JPY33M JPY
Interest expense222M JPY274M JPY228M JPY171M JPY
Depreciation and amortization1.08B JPY1.06B JPY763M JPY559M JPY731M JPY
Operating income10.25B JPY12.46B JPY15.43B JPY14.23B JPY8.13B JPY
Net income7.84B JPY8.88B JPY9.99B JPY8.78B JPY5.09B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
89.98

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates115.9789.2162.4535.69Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 1, 2024: actual 60.16, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Jan 31, 2025: actual 42.08, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 28, 2025: actual 110.43, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Jul 29, 2025: actual 41.23, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 29, 2025: actual 46.03, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 2, 2026: actual 83.21, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Apr 27, 2026: actual 95.44, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Jul 29, 2026: actual 89.98, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates63.63B56.65B49.67B42.69BQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 31, 2025: actual 50.38B JPY, estimate 55B JPY, surprise -8.39%, Miss. Q2 2025, reported Apr 28, 2025: actual 54.28B JPY, estimate 56.9B JPY, surprise -4.61%, Miss. Q3 2025, reported Jul 29, 2025: actual 45.14B JPY, estimate 46B JPY, surprise -1.88%, Miss. Q4 2025, reported Oct 29, 2025: actual 51.11B JPY, estimate 46.86B JPY, surprise +9.06%, Beat. Q1 2026, reported Feb 2, 2026: actual 50.47B JPY, estimate 48B JPY, surprise +5.15%, Beat. Q2 2026, reported Apr 27, 2026: actual 57.03B JPY, estimate 55.28B JPY, surprise +3.16%, Beat. Q3 2026, reported Jul 29, 2026: actual 60.32B JPY, estimate 58.4B JPY, surprise +3.29%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 61.18B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥102

2025 complete year+383.2% since 2021

2026 partial: ¥72.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 29, 2026

¥60.00

Semi-Annual

Record Sep 30, 2026 · Payment Sep 29, 2026

DividendUpcoming

Ex-dividend Mar 30, 2027

¥69.00

Semi-Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥72.00

Semi-Annual

Record Mar 31, 2026 · Payment Jun 2, 2026

Dividend

Ex-dividend Sep 29, 2025

¥35.00

Semi-Annual

Record Sep 30, 2025 · Payment Nov 28, 2025

Dividend

Ex-dividend Mar 28, 2025

¥67.00

Semi-Annual

Record Mar 31, 2025 · Payment May 30, 2025

Dividend

Ex-dividend Sep 27, 2024

¥52.00

Semi-Annual

Record Sep 30, 2024 · Payment Nov 29, 2024

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