Previous Close | 139.88 |
Open | 138.86 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 137.42 - 139.67 |
52 Week Range | 78.70 - 150.89 |
Volume | |
Avg. Volume | 1,090 |
Market Cap | 64.759B |
Beta (5Y Monthly) | 1.39 |
PE Ratio (TTM) | 19.28 |
EPS (TTM) | 7.19 |
Earnings Date | N/A |
Forward Dividend & Yield | 2.36 (1.66%) |
Ex-Dividend Date | Sept 28, 2023 |
1y Target Est | N/A |
OPHLF, TOELY and TLYS have been added to the Zacks Rank #5 (Strong Sell) List on June 2, 2023.
Japan's Nikkei share index dropped 1% on Wednesday, set for a second straight session of losses, as investors continued to lock in profits following a recent rally, while no breakthrough yet over the U.S. debt ceiling also dampened risk appetite. Shares of Tokyo Electron Ltd slipped 1.02%, tracking losses in U.S. chip-related peers. CyberAgent Inc , a major investor in a new share sale in Rakuten Group Inc, sank 3.97% ahead of a pricing of the offering.
Tokyo Electron Ltd, Japan's leading maker of semiconductor manufacturing tools, on Thursday forecast its profit to dip by more than a third from a record high as its customers slowed investment in new plant. The company expects operating profit to fall 36% to 393 billion yen ($2.91 billion) in the twelve months to March 31, lower than an average estimate of 444 billion yen from 21 analysts surveyed by Refinitiv. Big chipmakers such as Taiwan's TSMC (2330.TW) have cut investment levels this year because they expects softer demand due to a slowing global economy.
(Bloomberg) -- Tokyo Electron Ltd., one of the world’s largest suppliers of chipmaking equipment, projected earnings well below analysts’ estimates in another negative signal for the global semiconductor sector.Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersMichael Burry Doubles Alibaba Stake in Big Bet on China TechTurkey Latest: Erdogan Says Unclear If Vote Will Go to RunoffChicago’s Empty Office Towers Threaten Its Future as a Major Financial
Tokyo Electron (OTC: TOEL.Y) receives little coverage or fanfare, yet it is a dominant force in the semiconductor manufacturing world. Indeed, it is among the five largest suppliers of chip fab equipment (the machines used by fabs, or facilities that make chips), along with top names ASML Holding and Applied Materials. If you follow the semiconductor industry, you've no doubt heard about how important EUV (extreme ultraviolet) lithography is.
(Bloomberg) -- Japan’s decision to join the US and Netherlands in restricting exports of chipmaking gear to China is giving the allies powerful new weapons to deploy in the escalating technology war.Most Read from BloombergKatie Cotton, Guardian of the Apple Brand for 18 Years, DiesTwitter Company ‘No Longer Exists,’ Is Now Part of Musk’s XElizabeth Holmes Will Have to Wait Out Her Appeal in PrisonTumbling Money Supply Alarms Economists Who Foresaw InflationInflation Data Will Shatter the Stock
(Bloomberg) -- Japan said it will expand restrictions on exports of 23 types of leading-edge chipmaking technology, as the US ratchets up efforts to limit China’s access to key semiconductor knowhow.Most Read from BloombergWarner Bros. Nears Deal for Harry Potter Online TV SeriesChina’s Yuan Replaces Dollar as Most Traded Currency in RussiaBernard Arnault’s Fortune Soars Past $200 Billion for First TimeRead the New York Felony Indictment Against TrumpJamie Dimon Warns US Banking Crisis Will Be F
Japan's Nikkei share average headed for its best week in two months on Friday - the lasting trading day of the country's fiscal year - as easing banking crisis concerns and a weaker yen bolstered investor sentiment. However, the benchmark index ended the morning session well off early highs as shippers tumbled for a second day after going ex-dividend, and heavyweight chip equipment-maker Tokyo Electron flipped to a decline after the Japanese government announced plans to restrict exports. The Nikkei entered the midday break 0.95% higher at 28,046.75 after pushing above the psychological 28,000 mark for the first time since March 10.
(Bloomberg) -- The semiconductor industry will return to an exponential growth path next year despite lingering inflationary and geopolitical uncertainties, according to machinery maker Tokyo Electron Ltd.Most Read from BloombergMortgage Lenders Are Selling Homebuyers a LieHolding Cash Will Be a Winning Strategy in 2023, Investors SayChina’s Cautious Growth Target Limits Help to World EconomyForget Peak Oil Demand: A Thirst for Barrels Puts $100 in ViewWorld’s Riskiest Markets Stumble Into Crisi
(Bloomberg) -- Tokyo Electron Ltd. raised its profit outlook for the year after global chipmakers continued to spend on new equipment in the face of rising economic uncertainty.Most Read from BloombergUS Says 3 Mystery Objects Likely Private, With No China LinkChina Warns of Retaliation Against US Over Balloon SagaAmerica's Priciest Neighborhoods Are Changing as the Ultra-Rich Move to FloridaUS Scrambles Jets for ‘Routine’ Intercept of Russian WarplanesNew Cars Are Only for the Rich Now as Autom
(Bloomberg) -- The Netherlands and Japan, home to key suppliers of semiconductor manufacturing equipment, are close to joining a Biden administration-led effort to restrict exports of the technology to China and hobble its push into the chips industry.Most Read from BloombergHindenburg vs Adani: The Short Seller Taking On Asia’s Richest PersonNYSE Mayhem Traced to a Staffer Who Left a Backup System RunningHindenburg’s Short Sell Call Shaves $12 Billion Off Adani StocksWe Asked ChatGPT to Make a
(Bloomberg) -- Japan and the Netherlands have agreed in principle to join the US in tightening controls over the export of advanced chipmaking machinery to China, according to people familiar with the matter, a potentially debilitating blow to Beijing’s technology ambitions.Most Read from BloombergElon Musk Asks Twitter to Decide If He Should Step DownHarry and Meghan Aren't Doing Themselves Any FavorsTrump Gets a 45-Day Extension to Provide Details on His Wealth to VotersTruth Is Reasserting It
Japan's Nikkei edged lower on Thursday, with chip-related companies Tokyo Electron and Advantest dragging the most after Micron Technology scaled back its memory chip supply and capital spending, raising concerns of a slowdown in the industry. Micron was the first major chipmaker to sound an alarm about falling demand for personal computers and smartphones earlier this year in the face of decades-high inflation. Chip-making equipment manufacturer Tokyo Electron fell 2.67% to be the biggest drag in the Nikkei, while chip-testing equipment maker Advantest slipped 3.58%.
Japan's Nikkei index hit a two-month high on Friday, led by Tokyo Electron and other growth stocks, tracking gains in Wall Street as signs of slowing inflation sparked speculation the U.S. central bank might become less aggressive with rate hikes. The Nikkei rose 2.75% to 28,300.75 by the midday break, in what would be the biggest daily gain since Oct. 14. U.S. stocks jumped overnight as cooler-than-expected inflation data suggested the Federal Reserve's barrage of interest rate hikes are beginning to have their intended effect.
(Bloomberg) -- Key chip equipment supplier Tokyo Electron Ltd. slashed its full-year outlook after memory makers cut spending and the US ramped up restrictions on cutting-edge chip-gear exports to China.Most Read from BloombergFTX’s Balance Sheet Was BadMusk Publicly Punishes Twitter Engineers Who Call Him Out OnlineFTX Latest: Binance CEO Zhao Plans Recovery FundWorld’s Biggest Crypto Fund Hits Record 42% Discount to Value of Bitcoin It HoldsChina Plans Property Rescue in Latest Surprise Policy
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(Bloomberg) -- Vice President Kamala Harris said Wednesday that Japan plays a “critical role” in building resilient supply chains for chips, as she sought to rally allies in Asia to build redundancies for strategic purposes.Most Read from BloombergCredit Suisse CEO Seeks to Calm Markets as Default Swaps ClimbTesla Deliveries Miss Estimates, Slowed by Logistic SnarlsGet Ready for Another Bear-Market Rally, Strategist Emanuel SaysUkraine Latest: Zelenskiy Says Lyman ‘Fully Cleared’ of RussiansGazp
(Bloomberg) -- Semiconductors stocks tumbled after Micron Technology Inc. became the latest chipmaker to warn about slowing demand, triggering concern the industry is heading into a painful downturn. In the US, the Philadelphia semiconductor index sank 4.6% on Tuesday with all 30 members in the red, its biggest fall in about two months. In Asia, chip stocks from Taiwan Semiconductor Manufacturing Co. to Samsung Electronics Co., SK Hynix Inc. and Tokyo Electron Ltd. slumped. Investors are growing
Q1 2023 Tokyo Electron Ltd Earnings Presentation
Japan's Nikkei share average edged lower on Tuesday, slipping from the 27,000 level it touched for the first time in two weeks, dragged by chip stocks and as weakness in China weighed on sentiment. The Nikkei slipped 0.15% to 26,830.69, putting it on course for its first session of losses in four. "Other than being an important psychological level, 27,000 is also right about where the 25-day moving average currently sits, so it's a level that's attracting profit-taking," said a trader at a domestic securities firm.
(Bloomberg) -- China’s semiconductor industry is showing signs of flourishing even in the face of Biden administration efforts to counter its growth, raising alarm bells in Washington.Most Read from BloombergChina Says It May Have Detected Signals From Alien CivilizationsStocks Jump as Powell Soothes Wall Street’s Nerves: Markets WrapFed Hikes 75 Basis Points; Powell Says 75 or 50 Likely in JulyWorld’s Central Banks Got It Wrong, and Economies Pay the PriceAmericans Are Building Vacation-Home Em