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Disco Corporation

6146.T

JPXTechnologySemiconductors

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Latest quote

¥61,420

+¥60.00 · +0.10%

Aug 24, 3:30 PM JST

6146.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Established in Tokyo in 1937, Disco Corporation is a leading global manufacturer and distributor of high-precision equipment for cutting, grinding, and polishing. Its extensive catalog of precision machinery encompasses dicing and laser saws, grinders, polishers, wafer mounters, die separators, surface planers, and waterjet saws, in addition to specialized solutions for pre-grinding dicing and package singulation. The company also provides critical processing consumables, such as dicing blades, grinding wheels, and dry polishing wheels, along with ancillary equipment, frames, cassettes, and additives for cutting fluids. Disco's offerings extend beyond manufacturing to include machine dismantling and recycling services, operational and maintenance training for its products, and the leasing and resale of pre-owned precision machinery.

Industry
Semiconductors
Sector
Technology
Headquarters
JP
CEO
Kazuma Sekiya
Listed since
Jan 1, 2001
Employees
5,547

Market position

Volume
1.06M
0.55× average
Average volume
1.93M
Average daily volume
Market cap
6.66T JPY
Beta
1.01
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
6.36T JPY
EV / EBITDA
32×
Earnings yield
2.04%
Free cash flow yield
1.47%

Profitability & efficiency

Return on equity
23.06%
Return on assets
18.23%
Return on invested capital
23.05%

Financial health

Current ratio
3.2×
Altman Z-score
26.67
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends75%57%39%22%Gross margin, FY2022: 60.67%Gross margin, FY2023: 64.92%Gross margin, FY2024: 67.83%Gross margin, FY2025: 70.54%Gross margin, FY2026: 69.93%Operating margin, FY2022: 36.04%Operating margin, FY2023: 38.85%Operating margin, FY2024: 39.49%Operating margin, FY2025: 42.39%Operating margin, FY2026: 42.12%Net margin, FY2022: 26.09%Net margin, FY2023: 29.17%Net margin, FY2024: 27.38%Net margin, FY2025: 31.50%Net margin, FY2026: 31.02%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 60.67%. Gross margin FY2023 64.92%. Gross margin FY2024 67.83%. Gross margin FY2025 70.54%. Gross margin FY2026 69.93%. Operating margin FY2022 36.04%. Operating margin FY2023 38.85%. Operating margin FY2024 39.49%. Operating margin FY2025 42.39%. Operating margin FY2026 42.12%. Net margin FY2022 26.09%. Net margin FY2023 29.17%. Net margin FY2024 27.38%. Net margin FY2025 31.50%. Net margin FY2026 31.02%.

Income trends

Revenue

436.89B JPY+11.08%

Operating income

184.02B JPY+10.38%

Net income

135.52B JPY+9.39%
Income trends across reported periods473.96B JPY325.68B JPY177.41B JPY29.14B JPYRevenue, FY2022: 253.78B JPYRevenue, FY2023: 284.14B JPYRevenue, FY2024: 307.55B JPYRevenue, FY2025: 393.31B JPYRevenue, FY2026: 436.89B JPYOperating income, FY2022: 91.47B JPYOperating income, FY2023: 110.38B JPYOperating income, FY2024: 121.45B JPYOperating income, FY2025: 166.72B JPYOperating income, FY2026: 184.02B JPYNet income, FY2022: 66.21B JPYNet income, FY2023: 82.89B JPYNet income, FY2024: 84.21B JPYNet income, FY2025: 123.89B JPYNet income, FY2026: 135.52B JPYFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 253.78B JPY. Revenue FY2023 284.14B JPY. Revenue FY2024 307.55B JPY. Revenue FY2025 393.31B JPY. Revenue FY2026 436.89B JPY. Operating income FY2022 91.47B JPY. Operating income FY2023 110.38B JPY. Operating income FY2024 121.45B JPY. Operating income FY2025 166.72B JPY. Operating income FY2026 184.02B JPY. Net income FY2022 66.21B JPY. Net income FY2023 82.89B JPY. Net income FY2024 84.21B JPY. Net income FY2025 123.89B JPY. Net income FY2026 135.52B JPY.
Metric (JPY)FY2026FY2025FY2024FY2023FY2022
Revenue436.89B JPY393.31B JPY307.55B JPY284.14B JPY253.78B JPY
Cost of goods sold131.39B JPY115.86B JPY98.95B JPY99.66B JPY99.82B JPY
Gross profit305.5B JPY277.45B JPY208.61B JPY184.47B JPY153.97B JPY
Research and development—31.7B JPY27.3B JPY22.43B JPY19.89B JPY
Selling, general, and administrative121.49B JPY79.04B JPY59.85B JPY51.67B JPY42.61B JPY
Operating expenses121.49B JPY110.74B JPY87.15B JPY74.09B JPY62.5B JPY
Interest income282M JPY84M JPY79M JPY46M JPY49M JPY
Depreciation and amortization14.82B JPY12.2B JPY11.03B JPY10.37B JPY8.55B JPY
Operating income184.02B JPY166.72B JPY121.45B JPY110.38B JPY91.47B JPY
Net income135.52B JPY123.89B JPY84.21B JPY82.89B JPY66.21B JPY

Company facts updated Aug 24, 2026.

Corporate actions

Annual dividends per share

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

¥418

2025 complete year+65.0% since 2021

2026 partial: ¥376

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 29, 2026

¥171

Semi-Annual

Record Sep 30, 2026 · Payment Sep 29, 2026

Dividend

Ex-dividend Mar 30, 2026

¥376

Semi-Annual

Record Mar 31, 2026 · Payment Jun 25, 2026

Dividend

Ex-dividend Sep 29, 2025

¥129

Semi-Annual

Record Sep 30, 2025 · Payment Dec 1, 2025

Dividend

Ex-dividend Mar 28, 2025

¥289

Semi-Annual

Record Mar 31, 2025 · Payment Jun 25, 2025

Dividend

Ex-dividend Sep 27, 2024

¥124

Semi-Annual

Record Sep 30, 2024 · Payment Dec 2, 2024

Dividend

Ex-dividend Mar 28, 2024

¥231

Semi-Annual

Record Mar 31, 2024 · Payment Jun 24, 2024

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ETFs holding 6146.T

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Core TOPIX ETF logoiShares Core TOPIX ETF1475.T
Market value
15.2B
Weight
0.52%
AUM
2.89T JPY
Expense ratio
0.05%
Price / 1D
¥417.7-0.07%
iShares Core Nikkei 225 ETF logoiShares Core Nikkei 225 ETF1329.T
Market value
13.16B
Weight
0.62%
AUM
2.12T JPY
Expense ratio
0.05%
Price / 1D
¥6,789-0.77%
iShares JPX-Nikkei 400 ETF logoiShares JPX-Nikkei 400 ETF1364.T
Market value
4.46B
Weight
0.75%
AUM
592.34B JPY
Expense ratio
0.05%
Price / 1D
¥3,7610.00%
Vanguard Total International Stock ETF logoVanguard Total International Stock ETFVXUS
Market value
457.48M
Weight
0.07%
AUM
646.2B USD
Expense ratio
0.05%
Price / 1D
$87.71+0.78%
Vanguard FTSE Developed Markets ETF logoVanguard FTSE Developed Markets ETFVEA
Market value
306.92M
Weight
0.10%
AUM
315B USD
Expense ratio
0.03%
Price / 1D
$73.42+0.80%
iShares Core MSCI EAFE ETF logoiShares Core MSCI EAFE ETFIEFA
Market value
245.05M
Weight
0.13%
AUM
195.14B USD
Expense ratio
0.07%
Price / 1D
$100.85+0.86%
iShares MSCI Japan ETF logoiShares MSCI Japan ETFEWJ
Market value
142.14M
Weight
0.63%
AUM
22.49B USD
Expense ratio
0.49%
Price / 1D
$95.18+0.97%
JPMorgan BetaBuilders Japan ETF logoJPMorgan BetaBuilders Japan ETFBBJP
Market value
118.46M
Weight
0.63%
AUM
18.96B USD
Expense ratio
0.19%
Price / 1D
$76.87+0.97%

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