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Screen Holdings shares approach all-time high on earnings growth expectations

Monday, February 2, 2026 at 02:53 AM

SCREEN Holdings share price is approaching its all-time high as investors anticipate improved earnings driven by strong demand for semiconductor cleaning equipment.

Context

SCREEN Holdings shares are approaching all-time highs as the market anticipates a sharp rebound in semiconductor capital spending. Despite a year-on-year dip in nine-month net sales to ¥425.35 billion, the company has reaffirmed its full-year guidance for the fiscal year ending March 2026, targeting ¥621 billion in revenue and ¥117 billion in operating income. This stability signals investor confidence that the semiconductor equipment cycle has bottomed out, with a recovery now accelerating. The growth narrative is centered on the company’s leadership in wafer cleaning equipment, which is critical for the industry’s transition to advanced 1.6nm nodes and AI-driven high-bandwidth memory. Analysts have maintained "Buy" ratings with price targets reaching ¥21,123, citing a strong 65.4% equity ratio and a maintained dividend of ¥280 per share. As AI infrastructure build-outs drive demand for precision cleaning, SCREEN Holdings remains a key beneficiary of the sector’s structural expansion throughout 2026.

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