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Maker of semiconductor wafer-cleaning equipment, plus legacy printing/graphic-arts machinery.
Maker of semiconductor wafer-cleaning equipment, plus legacy printing/graphic-arts machinery.
Sells single-wafer cleaning machines, which wash silicon wafers between chip-making steps and are bought in volume when chipmakers build or upgrade fabs, so orders swing with fab spending. The graphic-arts unit is a legacy of its start as a printing-equipment maker.
In one line: A cleaning-tool-focused Lam Research.
Moat: narrow (installed base, process know-how, customer qualification). Leading share in single-wafer cleaning, a qualified, hard-to-swap fab process step.
Headquarters: Kyoto, Japan · Employees: 6,884
Size Screen (7735.T) is a Japan Information Technology company (Industrial Machinery) with a market value of $9.20B, the 150th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥7,778 on 6 Nov 2026.
Performance Over six months the shares fell 24.0%, against -30.2% for the median peer and +1.8% for the Japan market (cap-weighted) — 6th highest of 15 in its peer set.
Growth Revenue grew 2.9% over the last twelve months (peer median +12.8%); the operating margin is 20.4% (peer median 16.3%).
Valuation It trades at 12.4× forward earnings against a peer median of 16.7× (3rd cheapest of 14).
Price implies For today's price to make sense, revenue must grow about 17% a year for seven years (Req g). Recent delivered growth is +14%, so the hurdle is +4 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 10.7 points above its cost of capital (16.5% WACC).
Next results Next results expected around 29 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥640B | ¥606B | ¥625B | ¥505B | ¥461B |
| Revenue growth | — | -3% | +24% | +10% | — |
| Gross profit | ¥246B | ¥233B | ¥235B | ¥183B | ¥155B |
| EBITDA | ¥146B | ¥137B | ¥149B | ¥105B | ¥85.3B |
| Net income | ¥97.8B | ¥92.0B | ¥99.5B | ¥70.6B | ¥57.5B |
| Free cash flow | ¥31.7B | ¥67.2B | ¥49.4B | ¥58.1B | ¥55.1B |
| Capital expenditure | ¥33.4B | ¥30.9B | ¥25.6B | ¥40.3B | ¥20.8B |
| Total debt | ¥8.40B | ¥6.09B | ¥4.56B | ¥7.18B | ¥28.9B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Screen 7735.T | $9.20B | -24% | +3% | 20% | 12.4× | 17.3% |
| Lam Research LRCX | $250B | -32% | +33% | 37% | 19.6× | 26.4% |
| Tokyo Electron 8035.T | $122B | +41% | +18% | 28% | 23.1× | 28.8% |
| Applied Materials AMAT | $264B | -24% | +8% | 31% | 18.8× | 25.5% |
| ACM Research ACMR | $3.11B | -25% | +27% | 13% | 16.0× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 7735.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -52.1% | -27.3% | 2nd lowest of 15 |
| 6-month return | -24.0% | -30.2% | 6th highest of 15 |
| Distance from 52-week high | -60.7% | -50.8% | 4th lowest of 15 |
| Revenue growth (TTM) | +2.9% | +12.8% | 6th lowest of 15 |
| Operating margin | 20.4% | 16.3% | 4th highest of 14 |
| Forward P/E | 12.4× | 16.7× | 3rd cheapest of 14 |
| Growth the price implies (Req g, 7 yrs) | 17.3% | 24.0% | 5th least demanding of 12 |
| Growth delivered (Del g) | +13.6% | +11.0% | 4th highest of 12 |
| Hurdle (Req g minus delivered) | +3.7 pp | +14.7 pp | 2nd least demanding of 12 |
| ROIC minus cost of capital | +10.7 pp | -1.5 pp | 5th highest of 15 |
| EV / EBITDA | 8.6× | 17.2× | 2nd cheapest of 14 |
| Net debt / EBITDA | -1.3× | -0.3× | 6th least indebted of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Screen 7735.T | Japan | $9.20B | -24% | +3% | 20% | 12.4× | 17.3% | +13.6% |
| HANMISemi 042700.KS | South Korea | $11.3B | -56% | -20% | 42% | 54.4× | 41.7% | +17.5% |
| MKS MKSI | United States | $13.0B | -39% | +16% | 17% | 11.5× | 24.0% | +11.0% |
| Omron 6645.T | Japan | $5.79B | -17% | -2% | 9% | 16.7× | 11.7% | +3.2% |
| Badger Meter BMI | United States | $4.52B | +33% | -2% | 19% | 32.5× | 10.9% | +16.6% |
| Entegris ENTG | United States | $19.6B | -14% | +9% | 19% | 23.7× | 26.3% | +11.4% |
| GPGI GPGI | United States | $4.12B | +2% | -100% | n/a | 14.2× | n/a | n/a |
| Sumco 3436.T | Japan | $3.96B | -28% | +4% | -4% | n/a | n/a | n/a |
| Jabil JBL | United States | $24.6B | -33% | +21% | 5% | 13.5× | 8.3% | +4.2% |
| Kulicke and Soffa Industries, I KLIC | United States | $3.35B | -38% | +44% | 13% | 10.9× | 24.4% | +1.0% |
| Crane NXT CXT | United States | $3.31B | +27% | +17% | 16% | 12.6× | 7.8% | -9.7% |
| ACM Research ACMR | United States | $3.11B | -25% | +27% | 13% | 16.0× | n/a | n/a |
| Axcelis Technologies ACLS | United States | $3.06B | -39% | -3% | 10% | 17.8× | 31.2% | +12.1% |
| Disco 6146.T | Japan | $28.1B | -45% | +22% | 44% | 23.2× | 25.4% | +19.0% |
| EO Technics 039030.KS | South Korea | $2.53B | -39% | +26% | 25% | 29.9× | 18.0% | +3.2% |