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Top Message

Due to the growing demand for semiconductors, DISCO’s advanced Kiru, Kezuru, Migaku technologies have been expanded, and DISCO broke previously held records in both sales and profit.

Business Environment and Performance
In FY 2016, due to the increased demand for high performance semiconductors in both smartphones and data centers, proactive capital investment was observed, particularly in the flash memory market. In non-semiconductor industries, the need for precision processing, as well as the number of machines shipping to part manufacturers, also showed an increasing trend. The growth of these processing needs is shown in the sales of consumable precision processing tools, and continues to increase steadily every year.

As a result, DISCO achieved new records in sales for four consecutive quarters and in profit for three consecutive quarters, despite the effect of the exchange rate. Regarding shareholder returns, based on the dividend policy, dividends from the surplus funds will be added to performance-based dividends. DISCO plans to distribute an annual dividend of JPY 374 per share including additional dividends.

Business Forecast
In FY 2017, due to the increased demand for higher performance semiconductors amongst various end products, such as semiconductors for data centers, smartphones, and automobiles, DISCO’s advanced Kiru, Kezuru, Migaku technologies are expected to expand to a wide range of applications, focusing on memory. DISCO is proactively working on the expansion of Kuwabata Plant and the advancement of our R&D in order to respond to customers’ constantly growing processing needs.

However, it is difficult to forecast the future of the semiconductor industry due to its rapid changes. DISCO needs to be able to promptly react to changes in the business environment. In order to strengthen the company from a medium- to long-term viewpoint, in addition to maintaining a focus on cultivating a high-quality corporate culture, we will continue to make systems, and implement evolution and improvement activities in which employees can proactively take action.

We ask for your continued support and encouragement in the year ahead.

June 2017
Kazuma Sekiya, President, CEO & COO

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