RS Technologies, the Tokyo-listed maker of reclaimed and prime silicon wafers, reported record interim profit for the six months to June 2026, and used the same filing to disclose a roughly ¥10.8bn move into a new corner of the power-chip supply chain.
Operating profit for the period rose 8.9% year-on-year to ¥7.7bn on sales of ¥40.6bn, up 6.8%. Ordinary profit jumped 26.0% to ¥9.0bn, helped by a foreign-exchange gain that reversed the prior year's loss, and profit attributable to shareholders climbed 9.2% to ¥4.1bn, or ¥156.16 a share. Management left its full-year guidance unchanged at sales of ¥84.0bn and operating profit of ¥15.4bn, with the annual dividend forecast holding at ¥55.00 a share, up from ¥45.00 the year before.
| Metric | H1 2026 | YoY Change | Full-Year Guidance |
|---|---|---|---|
| Net sales | ¥40.6bn | +6.8% | ¥84.0bn |
| Operating profit | ¥7.7bn | +8.9% | ¥15.4bn |
| Ordinary profit | ¥9.0bn | +26.0% | ¥17.2bn |
| Net profit (parent) | ¥4.1bn | +9.2% | ¥10.0bn |
The more consequential item sits in the filing's subsequent-events note. On July 6, 2026, six days after the interim period closed, RS Technologies' China wafer subsidiary won a public tender for 60% of an Anhui-based maker of epitaxial wafers and semiconductor materials, paying RMB450mn, about ¥10.8bn, in cash. That is a step up in value from the eight-inch prime silicon wafers that have been the subsidiary's main power-semiconductor product since RS Technologies took control of it in 2018. The company says the deal lets it produce higher-value-added epitaxial wafers as demand grows from AI, electric-vehicle and power-device makers, but it has not yet finalized the purchase-price allocation or any resulting goodwill, because the target's assets and liabilities were still being valued as of the interim balance-sheet date.
Because the acquisition closed after June 30, none of its revenue or costs appear in the interim results above, and the unchanged full-year forecast does not yet reflect the new subsidiary's contribution.