DISCO Corporation, the Tokyo-listed maker of precision saws and grinding tools used to cut semiconductor wafers, said preliminary non-consolidated shipments for the quarter to June 2026 reached ¥116.5bn, up 25.3% from a year earlier and up 18.7% from the prior quarter. That is a record for the company. Sales for the same quarter, by contrast, came in at ¥95.0bn, up 26.0% year on year but down 9.4% from the January-March quarter.
| Metric | Amount | YoY | QoQ |
|---|---|---|---|
| Sales | ¥95.0bn | +26.0% | -9.4% |
| Shipments | ¥116.5bn | +25.3% | +18.7% |
The gap between the two numbers is not noise, it is accounting mechanics. DISCO recognises revenue on precision-processing machinery only when a customer completes inspection and accepts delivery, so the sales line tends to drift away from what is actually leaving the factory in a given quarter. Shipments track the physical flow of equipment and tools as they go out the door, which is why the company voluntarily discloses shipment figures alongside sales: it says shipments correlate more closely with real-time market conditions. For an industry where investors parse chip-equipment order books for early signs of demand, that is the number worth watching, not the one that trails it by a quarter.
The driver behind the record is demand tied to generative AI. DISCO said shipments of both its precision processing equipment and its precision processing tools grew, with generative-AI-related demand as the main push behind the quarterly high. Sales, even with their inspection-timing lag, still beat the company's own guidance: the ¥95.0bn figure equates to 110.0% of DISCO's most recent forecast of ¥86.4bn.
DISCO flagged that these are unaudited, voluntary early figures. It said the numbers reflect information available as of the release date and that final results, following review by its auditor, could differ from the preliminary figures. The company will publish its full quarterly earnings, including consolidated results and any updated outlook, on July 23, 2026. Until then, the shipment number, not the sales number, is the one that tells investors what actually moved through the factory this quarter.