Tokyo Electron Reports ¥401.2B Net Profit, ¥104B Investment, Thomson Reuters Achieves $1.909B Revenue Growth, 10% Dividend Increase

Tokyo Electron Limited reported a substantial increase in its financial performance for the nine months ending December 2024, with a net profit of ¥401.2 billion, up from ¥239.0 billion year-on-year. The company also noted an operating profit of ¥513.5 billion, compared to ¥311.0 billion in the previous year, and revenue of ¥1.78 trillion, surpassing ¥1.28 trillion year-on-year. Tokyo Electron affirmed its full-year outlook, projecting a net profit of ¥526 billion, operating profit of ¥680 billion, and revenue of ¥2.40 trillion. The company plans to invest ¥104 billion in a new production facility in Miyagi prefecture. The growth has been attributed to increased demand for chipmaking equipment driven by the artificial intelligence sector, with operating profit for the period rising by 65.1%. Meanwhile, Thomson Reuters reported strong fourth-quarter earnings, achieving a 5% revenue growth totaling $1.909 billion, exceeding estimates. The company announced a 10% increase in dividends, reflecting its focus on strategic growth amidst challenges in trade and AI adoption.