Press Releases on the Impact of the Earthquake

Research evidence excerpt

Press Releases on the Impact of the Earthquake

Update

July 29, 2026 04:30 AM GMT

Morgan Stanley MUFG Securities Co., Ltd.+MSemiconductor Production Equipment | Japan Suzune Tamura, CFA

Equity Analyst

Press Releases on the Impact of Suzune.Tamura@morganstanleymufg.comKazuo Yoshikawa, CFA +81 3 6836-8891

Kazuo.Yoshikawa@morganstanleymufg.com +81 3 6836-8408

the Earthquake

Within our semiconductor production equipment coverage, Tokyo Electron and

Ebara are the two companies with manufacturing sites in Kumamoto Prefecture.

Tokyo Electron operates plants producing coaters/developers, cleaning systems, and

advanced packaging equipment, while Ebara has a CMP manufacturing facility in the Semiconductor Production Equipment

Japan

prefecture. Industry View Attractive

Both companies have issued press releases, as shown in the links below. Following

the 2016 Kumamoto earthquakes, Tokyo Electron experienced production delays

and recorded ¥7.5bn in extraordinary losses related to machinery and equipment,

inventories, restoration costs for buildings, and various support measures. Today’s

share price decline may reflect concerns over similar risks.

We would expect some update from Tokyo Electron at its earnings briefing on July

30. However, in 2016, it took approximately one month after the earthquake for the

company to announce its expected extraordinary loss., suggesting that the full

extent of the impact may not yet be clear by July 30.

Tokyo Electron: Response to the earthquake occurred on July 28th in Kumamoto,

Japan (July 28)

Summary: No significant damage to buildings or equipment has been identified.

Operations at both sites will be suspended on July 29 for safety inspections.

Ebara: Response to the Kumamoto earthquake (1st report, text in Japanese) (July 29)