SCREEN Holdings

SCREENホールディングス / 株式会社SCREENホールディングス

A Japanese semiconductor equipment manufacturer specializing in wafer-cleaning systems critical for advanced logic, memory, and AI packaging.

TSE: 7735 (Prime Market)
Profile as of September 14, 2026
#29 in the AsiaAI Tech Index
How the ranking works →

SCREEN is a vital supplier of wafer-cleaning tools for semiconductor fabs, capturing leading market shares in specific cleaning categories. While AI-driven fab expansion supports long-term demand, its heavy reliance on semiconductor capital expenditure and high revenue concentration in Taiwan and China expose it to cyclical and geopolitical risks.

Key figures

Revenue FY2026: 605.748 billion yen
Revenue growth FY2026: -3.1%
Operating margin FY2026: 20.2%
Net income FY2026: 92.001 billion yen
R&D spend FY2026: 37.700 billion yen
Capital expenditure FY2026: 25.510 billion yen
Market capitalization 2026-09-14: 2.26 trillion yen Estimate
Estimated spin scrubbers market share Calendar 2025: 56%
Estimated batch cleaning market share Calendar 2025: 43%
Estimated single-wafer cleaning share Calendar 2025: 34%
SPE segment share of revenue FY2026: 80.2%

Overview

SCREEN Holdings traces its origins to a Kyoto printing business founded in 1868 and was established in 1943. Formerly known as Dainippon Screen Manufacturing, it rebranded in 2014 to reflect its transition into a diversified equipment holding company. Today, it operates primarily as a semiconductor production equipment supplier, alongside smaller graphic arts, display production, and printed circuit board equipment businesses. Its core Semiconductor Production Equipment segment accounts for roughly 80% of group revenue. SCREEN supplies single-wafer cleaning systems, batch cleaning systems, and spin scrubbers used by foundries, memory makers, and integrated device manufacturers. These tools remove contaminants before, between, and after manufacturing steps, making them essential infrastructure for semiconductor fabrication.

The AI angle

AI demand reaches SCREEN through capital expenditure by customers building advanced-node logic, high-bandwidth memory, and advanced packaging capacity. AI accelerators require more wafer processing steps, stricter contamination control, and increasingly complex packaging flows, all of which drive demand for cleaning equipment. SCREEN identifies advanced packaging as a key growth field, targeting approximately 100 billion yen of related sales in FY2027. While it does not manufacture AI chips or servers directly, its cleaning systems are installed in the fabs that produce them. The company benefits from the overall expansion of AI compute infrastructure without being tied to a specific accelerator design.

Technology and moat

SCREEN's competitive advantage lies in its specialized process equipment for removing particles, residues, and contaminants from semiconductor wafers. As device geometries shrink and advanced packaging adds complexity, cleaning becomes increasingly demanding. The company's moat is built on its installed base, customer qualification history, proprietary process recipes, and field-service organization, which are difficult for new entrants to replicate. It holds leading global market shares in specific cleaning categories, including an estimated 34% in single-wafer cleaning, 43% in batch cleaning, and 56% in spin scrubbers for calendar 2025. While competitors like Tokyo Electron and Applied Materials offer broader equipment portfolios, SCREEN maintains a deep, defensible niche in wet-process and cleaning tools.

Five-pillar assessment

Scale and market position: A leading supplier of semiconductor cleaning equipment, holding an estimated 56% share in spin scrubbers and 43% in batch cleaning globally.
Technology and R&D: Deep expertise in wet-process and wafer-cleaning technologies, supported by a qualified installed base and proprietary process recipes.
Supply-chain centrality: Integrated into the manufacturing flows of major foundries and memory makers, though specific customer names are not disclosed.
Financial momentum: Facing near-term cyclical headwinds with a 3.1% revenue decline in FY2026, but forecasting growth driven by advanced packaging and AI fab investments.
Governance and quality: Independent, publicly listed holding company with professional management, outside directors, and dispersed institutional ownership.

Supply chain and relationships

SCREEN relies on a supply chain of precision components, pumps, chemical-delivery hardware, robotics, and specialty materials. Specific upstream suppliers are not publicly disclosed. Its systems depend on continuing capital investment by leading-edge fabs. Downstream, its direct buyers are semiconductor foundries, memory manufacturers, outsourced semiconductor assembly and test providers, and display manufacturers. SCREEN does not publicly name its largest customers, but Taiwan and China together represented about 60% of group sales in FY2026, indicating high exposure to major fabs and packaging customers in those regions.

Competitors

Tokyo ElectronInferredCompetes in semiconductor production equipment and wafer-cleaning tools.
Lam ResearchInferredCompetes in wafer-cleaning and broader wafer-fab equipment categories.
Applied MaterialsInferredCompetes in wafer cleaning and other semiconductor process-equipment markets.
ACM ResearchInferredCompetes in wet-cleaning tools, particularly in China-linked markets.
Shibaura MechatronicsInferredCompetes in semiconductor cleaning and related production equipment.

Geopolitics and risk

SCREEN's primary geopolitical risk stems from its geographic revenue concentration. With about 60% of FY2026 sales coming from Taiwan and China, the company is highly exposed to cross-strait escalation, which could halt customer fab activity and disrupt shipment routes. Additionally, semiconductor production equipment is subject to evolving US, Japanese, and allied export controls. These regulations, particularly targeting advanced-node manufacturing in China, can restrict SCREEN's ability to sell tools, provide service and spare parts, or transfer technology to certain customers in the region.

Risk matrix
Risk	Severity	Why it matters
China and Taiwan revenue concentration	High	About 60% of sales come from these regions, exposing it to regional disruption.
Export controls	High	US, Japanese, and allied rules can restrict sales and service for advanced-node manufacturing in China.
Cross-strait disruption	High	A Taiwan contingency could halt customer fab activity and disrupt shipment routes.
Capital-spending cyclicality	High	SPE sales declined 6.5% in FY2026 as customer investment entered a down phase.
Customer qualification timing	Medium	Long qualification cycles and fab construction delays can shift reported revenue.
Competition from larger vendors	Medium	Peers like Tokyo Electron and Applied Materials have broader portfolios and can bundle equipment.

Governance and ownership

SCREEN is an independent Japanese listed company, not state-owned or controlled by a single industrial shareholder. Its ownership base consists primarily of Japanese trust banks, insurers, and domestic and foreign institutional investors. It operates under a corporate-auditor governance model with a board that includes internal and outside directors. Masato Goto serves as president and CEO, having succeeded Toshio Hiroe, who transitioned to chairman in 2025.

What to watch

Whether SCREEN meets its FY2027 revenue forecast of 743.000 billion yen.
Whether Semiconductor Production Equipment revenue returns to growth after its FY2026 decline.
Whether advanced-packaging sales reach management's 100 billion yen FY2027 target.
Whether demand from Taiwan and China remains near the 60% combined share of sales reported for FY2026.
Changes in Japanese, US, and allied export-control restrictions affecting tool shipments to China.

Recent developments

July 28, 2026Reported first-quarter FY2027 revenue of 121.775 billion yen and raised full-year guidance.
May 13, 2026Reported FY2026 net sales of 605.748 billion yen, down 3.1% year over year.
June 2025Masato Goto becomes representative director, president and CEO, replacing Toshio Hiroe who becomes chairman.

Coverage on AsiaAI.FYI

$837B Memory Market Shift: Japan’s Chip Equipment Giants Pivot to AI Bandwidth August 26, 2026

Guides that cover SCREEN Holdings

About this profile

Compiled with AI-assisted research from company filings, market data, and published reporting as of September 14, 2026, then reviewed by AsiaAI.FYI. Figures marked Estimate are not company-reported. Check primary filings before relying on any number.

Confidence: B. Audited and company-reported financial data are strong, but named customer relationships, supplier dependencies, and specific AI revenue allocations are not disclosed.

Main sources: SCREEN Holdings investor-relations financial highlights; FY2026 financial-report materials; Corporate profile; Stock-information disclosures; Earnings-presentation FAQ materials; Semiconductor-equipment market research.

All 57 sources

Position in the AI stack

Supplies the wafer-cleaning and wet-process equipment used by semiconductor fabs to manufacture advanced logic, memory, and packaging components for AI systems.

Legal name: SCREEN Holdings Co., Ltd.
Formerly: Dainippon Screen Manufacturing Co., Ltd.
Headquarters: Kyoto, Japan
Founded: 1943
Leadership: Toshio Hiroe / 廣江敏夫, Representative Director, Chairman and Member of the Board
Masato Goto / 後藤正人, Representative Director, President, Member of the Board and Chief Executive Officer
Employees: 6,415 consolidated employees (2025-03-31)
Ownership: Publicly listed
Listings: TSE: 7735 (Prime Market)
Business: Semiconductor production equipment and wafer-cleaning systems
Sector: Displays
Electronic Components
Equipment & Materials
Website: screen.co.jp/en