NOTE TO EDITORS: The following is an investment opinion issued by Investment Bridge
Investment Bridge, one of Japan’s leading independent investor relations services companies, has released a “Bridge Report” on Ferrotec Holdings Corporation (TOKYO: 6890) reviewing its earnings results for the fiscal year March 2022 and earnings estimates for the fiscal year March 2023.
Report Highlights
* The sales of the fiscal year ended March 2022 were 133,821-million-yen, up 46.6% year on year. Amid the global shortage of semiconductors, the sales of the material products (quartz, silicon parts, ceramics, and CVD-SiC) used for the semiconductor manufacturing process increased 35.4%, while the sales of the electronic device business grew 56.4% year on year, thanks to the good performance of products for devices related to the next-generation telecommunication system 5G, etc. Regarding…
