On the 9th, RS Technologies <3445> released its consolidated financial statements for the second quarter of the 2024 fiscal year (January to June 24). Revenue increased by 15.1% YoY to 30.068 billion yen, operating profit decreased by 4.9% YoY to 6.082 billion yen, ordinary profit increased by 2.0% YoY to 7.896 billion yen, and net profit attributable to the parent company's shareholders increased by 3.0% YoY to 3.833 billion yen.

Revenue from external customers for the wafer recycling business increased by 14.1% YoY to 11.035 billion yen, and segment profit (operating profit) increased by 17.4% YoY to 4.232 billion yen. By making timely investments based on market demand and working to expand its market share, the company has achieved increased revenue and profit.

Revenue from external customers for the Prime Silicon Wafer Manufacturing and Sales business decreased by 0.1% YoY to 9.581 billion yen, and segment profit (operating profit) decreased by 15.4% YoY to 2.206 billion yen. Despite a decrease in demand due to changes in the market environment since the previous period, the company has implemented stable production and made investments based on carefully assessing the market to expand its market share.

Revenue from external customers for semiconductor-related equipment and components increased by 37.7% YoY to 9.408 billion yen, and segment profit (operating profit) decreased by 25.4% YoY to 0.454 billion yen. The company has implemented a growth strategy by strengthening sales activities for new market development and utilizing group synergies. Through these activities, the company has achieved increased revenue but decreased profit due to the digestion of large-scale projects against the backdrop of continued strong customer demand.

Revenue from other sources increased by 15.2% YoY to 0.043 billion yen, and segment profit (operating profit) increased by 21.4% YoY to 0.022 billion yen. This refers to the performance of the company's solar business and technology consulting.