ULVAC raised its forecasts for the half-year to December and the full year to June 2027, citing first-quarter orders, sales and profits that beat plan and a backlog it still describes as high.
Orders drive the raise. In the three months to September 2026, orders rose 93.1% to ¥116.6bn, sales rose 39.0% to ¥73.3bn and operating profit rose 171.1% to ¥6.19bn. Vacuum equipment took ¥103.0bn of the orders and ended the quarter with a backlog of ¥201.4bn. The vacuum applications business booked ¥13.6bn of orders, down 6.2%, with a backlog of ¥19.8bn. The company said the materials line was hit by the sale of its display-related business.
What the company raised. Half-year sales guidance goes to ¥147bn from ¥125bn, and operating profit to ¥14.5bn from ¥12.5bn. Full-year sales guidance goes to ¥283bn from ¥255bn, and operating profit to ¥30bn from ¥28bn. Net profit attributable to owners of the parent rises to ¥9bn for the half and ¥20bn for the year, each ¥1bn above the earlier forecast. ULVAC also lifted its second-half sales view, citing current order trends. The full-year operating profit guide compares with ¥19.6bn in the year to June 2026.
Where the demand sits. ULVAC credits AI and data-center demand for strength in logic, memory and advanced-packaging equipment. It also names rare-earth magnet equipment and cooling-system leak testers as contributors. Those are segment-level attributions, not a label for all orders.
Caveats. Ordinary profit of ¥8.98bn includes a ¥2.34bn foreign-exchange gain booked below operating profit. Backlog is not recognized revenue, and ULVAC says actual results may differ from its forecasts. The dividend forecast of ¥152 is unchanged. Earlier Tokyo Brief coverage