Nippon Chemi-Con Corporation · TSE:6997
Nippon Chemi-Con — Q2 FY2025 Earnings Presentation
22 slides from Nippon Chemi-Con's earnings presentation, November 2025
Slide 1: Financial Results Explanatory Material for Q2 FY2025
Financial Results Explanatory Material for Q2 FY2025 (Six months ended September 30, 2025) TSE Prime Market, Securities code:6997 NIPPON CHEMI‐CON CORPORATION November 2025 1
Slide 2: Contents
Contents I. Q2 FY2025 Consolidated Earnings Summary II. FY2025 Full-Year Consolidated Earnings Forecast III. Appendix NIPPON CHEMI‐CON CORPORATION November 2025 2
Slide 3: Q2 FY2025 Trend in Net Sales and Operating Margin
Q2 FY2025 Trend in Net Sales and Operating Margin Net Sales Operating Margin (％) Unit: Million yen Trends in Net Sales and Operating Margin 50,000 15% 9th Medium-term Management Plan 10th Medium-term Management Plan 45,000 42,858 13% 41,982 41,137 38,439 38,602 39,203 40,000 11% 37,825 35,989 35,680
Slide 4: I. Q2 FY2025 Consolidated Earnings Summary
I. Q2 FY2025 Consolidated Earnings Summary NIPPON CHEMI‐CON CORPORATION November 2025 4
Slide 5: 1H FY2025 Consolidated Results (YoY)
1H FY2025 Consolidated Results (YoY) Despite delays in the recovery of the automotive electronics and industrial equipment markets, the ICT market was firm thanks to increased demand for AI servers, among other factors Unit: Million yen, % FY2024 FY2025 YoY 1H Results 1H Results Change % Change Net
Slide 6: Main Points of 1H FY2025 Consolidated Results
Main Points of 1H FY2025 Consolidated Results Main Points of 1H FY2025 Financial Results Net Sales ◇ Net sales (Market Trends) ◆ Automotive electronics market US tariffs triggered uncertainty but orders received 64,246 million yen trended towards improvement on progress made YoY, up +7.2% towards pa
Slide 7: 1H FY2025 Net Sales by Market
1H FY2025 Net Sales by Market Percentage of Net Sales by Market Net Sales by Market Unit: Billion yen 70 64.2 59.9 60 Automotive Industrial FY2024 New Home ICT Other Automoti 19.3 electronics Equipment Energy appliances 1H 4% 7% 26% 7% 50 ve 37% 19% electroni cs 22.2 40 12.1 Industrial ICT＋9pt ＝ Aut
Slide 8: 1H FY2025 Net Sales by Region
1H FY2025 Net Sales by Region Percentage of Net Sales by Region Net Sales by Region Unit: Billion yen 70 64.2 60 59.9 FY2024 Greater China Japan Europe Americas Other Greater 50 26.4 1H 38% 22% 12% 12% 16% China 22.5 40 Greater China +3pt, Other ＋2pt ＝ Americas -2pt, Europe -1pt, Japan -2pt Japan 13
Slide 9: 1H FY2025 Operating Income (YoY)
1H FY2025 Operating Income (YoY) Unit: Billion yen 5.5 5 0.6 2.5 0.0 4.5 -0.2 4 -0.7 3.5 ＋ Growth in sales for AI servers 3 -0.7 ＋ Cost reductions from production 2.5 efficiency improvements 2 1.9 ー Selling price fluctuations -0.8 (including product mix) 1.5 1 ー Soaring material costs 1.0 0.5 ー Incr
Slide 10: 1H FY2025 Share Class
1H FY2025 Share Class ■Trends in press releases concerning class of shares Release date Release details ✓The removal of conversion restriction from FY2025 onwards was accelerated by one year March 10, 2025 ✓Applies to "Cases of confident projections of results that will fall, or results have already
Slide 11: II. FY2025 Full-Year Consolidated Earnings Forecast
II. FY2025 Full-Year Consolidated Earnings Forecast NIPPON CHEMI‐CON CORPORATION November 2025 11
Slide 12: FY2025 Full-Year Consolidated Earnings Forecast
FY2025 Full-Year Consolidated Earnings Forecast Earnings expected to increase on a recovery in the industrial equipment and growth in demand for parts for the ICT and automotive electronics markets FY2024 FY2025 Unit: Million yen Full-year 2H Revised Full-Year 1H Results Change % Change Results Plan
Slide 13: FY2025 Full-Year Consolidated Earnings Forecast: Main Points
FY2025 Full-Year Consolidated Earnings Forecast: Main Points Main Points of FY2025 Financial Outlook Net Sales ◇ Net Sales * Automotive electronics market: Amid the impact of US tariff policy, customer parts inventories are progressing towards normalization, 137,000 million yen with the market proje
Slide 14: 2H FY2025 Operating Income Forecast (vs. 1H)
2H FY2025 Operating Income Forecast (vs. 1H) Unit: Billion yen 5.0 0.3 0.1 4.5 0.4 -0.2 4.0 2.8 3.5 -0.7 3.0 3.0 -0.5 -0.1 ＋ Continued AI server demand growth 2.5 + Cost reductions thanks to the promotion of smart 2.0 factories 1.5 － Soaring material and electricity expenses 1.0 1.0 － Selling price
Slide 15: Growth strategy: Product lines for data centers
Growth strategy: Product lines for data centers Wide range of products to handle all server power supply lines Compatibility for liquid immersion cooling across all product categories: aluminum electrolytic, hybrid, and conductive polymer capacitors Aluminum electrolytic Power supply IBC Accelerator
Slide 16: Growth Strategy: Expand Data Center Market and our Contributions
Growth Strategy: Expand Data Center Market and our Contributions (1) Demand growth on increase in (2) Superiority of our aluminum data center investments electrolytic capacitors Increase in number of servers Priority for parts for data centers is product reliability (*according to OCP) → Increase in
Slide 17: Growth strategy: Initiatives in the automotive electronics market (CASE)
Growth strategy: Initiatives in the automotive electronics market (CASE) Common technological trends in products for automotive electronics and data centers Synergy effect from new product development CASE deployment projected to drive increases in demand for Horizontal deployment for data centers e
Slide 18: Growth strategy: Strengthen sales strategy (strengthen response for India market)
Growth strategy: Strengthen sales strategy (strengthen response for India market) Established CHEMI-CON ELECTRONICS(INDIA) PRIVATE LIMITED Strengthen sales to India, which is expected to see growth in market size Cover wide area from two locations ‘25/10 Delhi (main office) ‘25/11 Bangalore (branch
Slide 19: Appendix
Appendix NIPPON CHEMI‐CON CORPORATION November 2025 19
Slide 20: 1H FY2025 Net Sales by Product (YoY)
1H FY2025 Net Sales by Product (YoY) Increased net sales for aluminum electrolytic capacitors on increased data center demand (including AI servers) Unit: Million yen, % FY2024 FY2025 YoY 1H 1H Amount % of total Amount % of total Change % Change Aluminum electrolytic 51,717 86.3% 56,099 87.3% +4,382
Slide 21: FY2025 Full-Year Product-specific Sales Forecast
FY2025 Full-Year Product-specific Sales Forecast Earnings expected to increase on a recovery in the industrial equipment and growth in demand for parts for the ICT and automotive electronics markets FY2025 FY2024 Unit: Million yen 2H Revised Full-Year YoY Rate of Results 1H Results YoY Change Plan R
Slide 22: Disclaimer
Disclaimer This material has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. The projected performance figures in this material are based on information ava