# Disco vs Tokyo Electron

> Unit: JPY millions (ratios in %)
> Periods: Disco = FY ending Mar 2026, consolidated, J-GAAP / Tokyo Electron = FY ending Mar 2026, consolidated, J-GAAP
> Retrieved: 2026-09-30T18:17:57.272Z

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

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

## Company details

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