TOKYO ELECTRON LTD-UNSP ADR

Though manufacturing activity has moved geographically from the West to the East in recent history, the sector continues to play a vital role in the global economy, providing goods and services that meet the desires of consumers and businesses. However, manufacturing has also seen changes such as technological innovations and renewed geopolitical rivalries. » Mehr auf investorplace.com

Tokyo Electron's revenue is influenced by the size of the wafer fabrication equipment market, which is expected to recover in the next two years. The company continues to invest aggressively in R&D, has a strong balance sheet, and its financial results are expected to start recovering soon. While we continue to like the company's long-term growth prospects, we see shares trading close to fair value and are therefore downgrading our rating to 'Hold'. » Mehr auf seekingalpha.com

Tokyo Electron Limited (OTCPK:TOELF) Q1 2024 Earnings Conference Call August 10, 2023 3:00 AM ET Company Participants Koichi Yatsuda – Vice President-Investor Relations Toshiki Kawai – President and Chief Executive Officer Hiroshi Kawamoto – Vice President and General Manager-Finance Unit Conference Call Participants Yu Yoshida – CLSA Securities Japan Shuhei Nakamura – Goldman Sachs Japan Takashi Shimamoto – Okasan Securities Kenji Yasui – UBS Securities Masahiko Ishino – Tokai Tokyo Research Center Yoshitsugu Yamamoto – Mizuho Securities Mikio Hirakawa – BofA Securities Atsushi Yoshioka – Nomura Securities Masahiro Nakanomyo – Jefferies Japan Limited Takeru Hanaya – SMBC Nikko Securities Toru Sugiura – Daiwa Securities DongJin Han – Point72 Koichi Yatsuda Now it's time for us to start Tokyo Electron Financial announcement of the First Quarter of the Fiscal Year Ending on March 31st, 2024. Thank you very much for joining us today despite a very busy schedule. » Mehr auf seekingalpha.com