Screen Holdings Co Ltd

7735: XTKS (JPN)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Screen Holdings: Initiating Coverage With Fair Value Estimate of JPY 15,500 and Narrow Moat Rating

We initiate coverage of Screen Holdings, the world's largest supplier of wet cleaning equipment used to remove contaminants from silicon wafers during front-end chip manufacturing. Screen has a global wet cleaning equipment market share of 35% as of 2025.

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