Business Context and Reporting Period
This Form 6-K filing by Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) covers the month of August 2024, with the report signed on September 25, 2024. The filing details changes in shareholdings for directors and major shareholders, asset acquisitions and dispositions, capital appropriations approved by the board, and bond issuances.
Key Financial Metrics and Activities
The filing does not provide consolidated revenue, profit, cash flow, or margin data for the period. Specific financial activities reported include:
- Fixed-Income Investments: Acquisitions of NT$26.1 billion and dispositions of NT$0.5 billion.
- Machinery Equipment: Disposition of NT$1.0 billion.
- Capital Appropriations (Board Approved):
- Advanced technology capacity: US$14,216 million.
- Advanced packaging, mature, and/or specialty technology capacity: US$7,079 million.
- Real estate and capitalized leased assets: US$8,320 million.
- Debt Issuance: No unsecured bonds were issued by TSMC or its subsidiaries during the month.
Material Changes
Shareholdings for key executives and directors increased slightly during August 2024 compared to July 31, 2024:
- J.K. Lin (SVP, CISO): Increased by 51,000 shares to 13,880,462.
- K.C. Hsu (VP): Increased by 5,000 shares to 100,927.
- Geoffrey Yeap (VP): Increased by 3,000 shares to 78,532.
- Cliff Hou (SVP): Increased by 1,097 shares to 500,919.
- Jonathan Lee (VP): Increased by 1,292 shares to 406,001.
- Ray Chuang (VP): Increased by 1,000 shares to 286,318.
- Wendell Huang (SVP, CFO): Increased by 9 shares to 1,660,199.
No changes in share pledges were reported for directors, officers, or major shareholders.
Guidance, Outlook, and Risks
The filing does not contain management commentary, forward-looking guidance, risk factors, or contingencies. The primary focus is the disclosure of capital expenditure approvals totaling approximately US$29.6 billion across technology capacity and real estate.
Investor Verification Checklist
- Verify the total capital expenditure commitment of US$29.615 billion approved for advanced and mature technologies.
- Confirm the impact of the NT$26.1 billion fixed-income investment acquisition on liquidity.
- Review subsequent filings for the actual deployment of the approved capital appropriations.
- Note that this filing does not include quarterly or monthly operating results (revenue/profit).