TOKYO, May 12 (Pulse News Wire) – SUMCO Corporation (3436.T) reported a 10% drop in revenue to -¥1 billion for the quarter ending March 2026 compared to the previous quarter. Operating profit improved slightly to ¥-52 billion from ¥-60 billion, while net profit increased to ¥-84 billion from ¥-100 billion year-over-year.
Despite the revenue dip, the company expects robust demand driven by artificial intelligence applications to bolster its performance in the coming quarters. In the semiconductor wafer market, SUMCO noted a decrease in 300mm wafer shipments due to customer inventory adjustments since the fourth quarter, while 200mm wafers continued to face low sales volumes.
However, the outlook remains positive for 300mm wafers, particularly for advanced logic and memory segments, which are expected to drive strong demand moving forward. For the second quarter of fiscal year 2026, SUMCO forecasts revenue of -¥1 billion, with operating profit projected at ¥-25 billion, showing signs of recovery compared to the first quarter's results.
The company anticipates continued growth in the AI sector, although other areas are expected to recover more gradually.
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