# Tokyo Electron vs Disco

> Unit: JPY millions (ratios in %)
> Periods: Tokyo Electron = FY ending Mar 2026, consolidated, J-GAAP / Disco = FY ending Mar 2026, consolidated, J-GAAP
> Retrieved: 2026-09-30T21:12:14.257Z

| Metric | Tokyo Electron | Disco |
| --- | ---: | ---: |
| Revenue | 2,443,533 | 436,889 |
| Operating income | 624,936 | 184,989 |
| Net income | 574,454 | 135,521 |
| COGS ratio | 54.7% | 29.9% |
| Operating margin | 25.6% | 42.3% |
| Net margin | 23.5% | 31.0% |
| FCF margin | 13.1% | 22.5% |
| Period | FY ending Mar 2026 | FY ending Mar 2026 |
| Source | S100YEOO | S100YC6I |

## Five-axis industry profile

Each axis shows a rank within that company's primary industry, so peer groups may differ. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

| Axis | Tokyo Electron | Disco |
| --- | ---: | ---: |
| Revenue growth | 48.6 (36 peers) | 87.5 (36 peers) |
| Profitability | 91.5 (41 peers) | 93.9 (41 peers) |
| Cash conversion | 39.7 (39 peers) | 26.9 (39 peers) |
| Efficiency | 72 (41 peers) | 35.4 (41 peers) |
| Financial strength | — | — |

## Company details

- https://vizora.meequs.com/en/company/tokyo-electron/md
- https://vizora.meequs.com/en/company/disco/md

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).