Ulvac, a major manufacturing company, released its first-quarter financial results for fiscal year 2026. Despite a 13.6% drop in sales and a 60.4% decrease in operating profit, the company met its own expectations. Sales stood at 52.7 billion yen, and operating profit was 2.3 billion yen. The drop in gross margin was anticipated due to changes in product offerings.In the semiconductor and electronic devices segment, sales decreased by 6 billion yen, and profitability was temporarily lower due to fewer sales, staff reassignment, and higher fixed costs. However, Ulvac secured 60.4 billion yen in new orders, a 9.5 billion yen increase from last year, keeping them on track to meet their full-year target of 250 billion yen.Ulvac is maintaining its full-year financial predictions for fiscal year 2026, aiming for 250 billion yen in sales, 28.5 billion yen in operating profit, and 250 billion yen in new orders. The company also shared updates on its new long-term plan, setting ambitious sales and profit goals for fiscal year 2031.

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