Kyocera Corporation · TSE:6971

Kyocera — Q3 FY2025 Earnings Presentation

33 slides from Kyocera's earnings presentation, Feb 3, 2025

  1. Slide 1: Financial Presentation for the Nine Months Ended December 31, 2024

    Financial Presentation for the Nine Months Ended December 31, 2024 February 3, 2025 Hideo Tanimoto President and Representative Director © 2025 KYOCERA Corporation

  2. Slide 2: Agenda and notes

    1 Financial Results for Nine Months of Fiscal 2025 2 Financial Forecasts for Fiscal 2025 3 Initiatives to Improve Corporate Value Notes: This is an English translation of the Japanese original. This translation is prepared for the reference and convenience solely for those who do not use Japanese. I

  3. Slide 3: Financial Results for Nine Months of Fiscal 2025

    1 Financial Results for Nine Months of Fiscal 2025 2 Financial Forecasts for Fiscal 2025 3 Initiatives to Improve Corporate Value Note: Kyocera decided to change the classification of Energy Solutions Business, which was included in “Others,” and share of net profit (loss) of investments accounted f

  4. Slide 4: Financial Results for the Nine Months of Fiscal 2025 (1)

    Financial Results for the Nine Months of Fiscal 2025 (1) (Unit: Yen in millions) Fiscal 2024 Fiscal 2025 Change Nine months Nine months Amount % Sales Revenue 1,492,672 1,492,055 -617 -0.0% 79,844 12,275 -67,569 -84.6% Operating Profit (5.3%) (0.8%) Profit Before 125,638 50,459 -75,179 -59.8% Income

  5. Slide 5: Financial Results for the Nine Months of Fiscal 2025 (2) One-time Costs

    Financial Results for the Nine Months of Fiscal 2025 (2) One-time Costs 1. Operating Profit and Profit Before Income Taxes: Approx. -43 billion yen (Impairment Loss, etc.) Organic Packages and Boards Business (Core Components Business) Impairment loss for property, plant and equipment, etc. was reco

  6. Slide 6: Financial Results for the Nine Months of Fiscal 2025 (3)

    Financial Results for the Nine Months of Fiscal 2025 (3) (Unit: Yen in millions) Fiscal 2024 Fiscal 2025 Change Nine months Nine months Amount % Capital 105,242 101,748 -3,494 -3.3% Expenditures (7.1%) (6.8%) Depreciation Charge of 82,231 85,848 3,617 4.4% Property, Plant and (5.5%) (5.8%) Equipment

  7. Slide 7: Sales Revenue by Reporting Segment for the Nine Months of Fiscal 2025

    Sales Revenue by Reporting Segment for the Nine Months of Fiscal 2025 (Unit: Yen in millions) Sales Revenue by Fiscal 2024 Nine months Fiscal 2025 Nine months Change Component Component Reporting Segment Amount Ratio Amount Ratio Amount % Core Components Business 432,152 29.0% 423,693 28.4% -8,459 -

  8. Slide 8: Business Profit (Loss) by Reporting Segment for the Nine Months of Fiscal 2025

    Business Profit (Loss) by Reporting Segment for the Nine Months of Fiscal 2025 (Unit: Yen in millions) Business Profit by Fiscal 2024 Nine months Fiscal 2025 Nine months Change % to Sales % to Sales Reporting Segment Amount Revenue Amount Revenue Amount % Core Components Business 45,466 10.5% -13,32

  9. Slide 9: Summary of Financial Results for the Nine Months of Fiscal 2025

    Summary of Financial Results for the Nine Months of Fiscal 2025 Sales Revenue Profit Before Income Taxes (Unit: Yen in billions) (Unit: Yen in billions) Decrease of approx. 69 billion yen in total 1,492.7 3.7 5.3 1,492.1 （Over 90% of the declined amount of profit） -1.1 -8.5 125.6 Organic Packages an

  10. Slide 10: Core Components Business Results

    Core Components Financial Results by Reporting Segment for the Nine Months of Fiscal 2025 Business 600.0 Sales Revenue Business Profit/Loss (Ratio) (Unit: Yen in billions) (Unit: Yen in billions) 500.0 432.2 115.0 423.7 400.0 95.0 75.0 45.5 300.0 55.0 (10.5%) 200.0 35.0 100.0 15.0 0.0 -5.0 FY24 上期 F

  11. Slide 11: Electronic Components Business Results

    Electronic Financial Results by Reporting Segment for the Nine Months of Fiscal 2025 Components Business Sales Revenue Business Profit/Loss (Ratio) (Unit: Yen in billions) (Unit: Yen in billions) 400.0 300.0 262.6 266.3 31.0 200.0 13.0 (5.0%) 100.0 11.0 0.0 -1.4 FY24 1Q Fiscal 2024 FY25 1Q Fiscal 20

  12. Slide 12: Solutions Business Results

    Solutions Business Financial Results by Reporting Segment for the Nine Months of Fiscal 2025 Sales Revenue Business Profit (Ratio) ,000.0 (Unit: Yen in billions)100.0 (Unit: Yen in billions) 810.8 816.1 800.0 80.0 51.2 600.0 60.0 45.8 (6.3%) (5.6%) 400.0 40.0 200.0 20.0 0.0 0.0 Fiscal 2024 Fiscal 20

  13. Slide 13: Financial Forecasts for Fiscal 2025

    1 Financial Results for Nine Months of Fiscal 2025 2 Financial Forecasts for Fiscal 2025 3 Initiatives to Improve Corporate Value Note: Kyocera decided to change the classification of Energy Solutions Business, which was included in “Others,” and share of net profit (loss) of investments accounted f

  14. Slide 14: Financial Forecasts for Fiscal 2025 (1)

    Financial Forecasts for Fiscal 2025 (1) (Unit: Yen in millions) Change in amount Fiscal 2025 (Forecast) compared with Fiscal 2024 Previous Previous (Oct. 2024) Revised (Feb. 2025) Fiscal 2024 Forecast Sales Revenue 2,004,221 2,020,000 2,000,000 -4,221 -20,000 92,923 68,000 21,000 -71,923 -47,000 Ope

  15. Slide 15: Financial Forecasts for Fiscal 2025 (2)

    Financial Forecasts for Fiscal 2025 (2) (Unit: Yen in millions) Change in amount Fiscal 2025 (Forecast) compared with Fiscal 2024 Previous Previous (Oct. 2024) Revised (Feb. 2025) Fiscal 2024 Forecast Capital 161,684 160,000 150,000 -11,684 -10,000 Expenditures (8.1%) (7.9%) (7.5%) Depreciation Char

  16. Slide 16: Sales Revenue Forecasts by Reporting Segment for Fiscal 2025

    Sales Revenue Forecasts by Reporting Segment for Fiscal 2025 (Unit: Yen in millions) Fiscal 2025 (Forecast) Change in amount Sales Revenue by Fiscal 2024 Previous (Oct. 2024) Revised (Feb. 2025) compared with Reporting Segment Component Component Component Previous Amount Amount Amount Fiscal 2024 F

  17. Slide 17: Business Profit (Loss) Forecasts by Reporting Segment for Fiscal 2025

    Business Profit (Loss) Forecasts by Reporting Segment for Fiscal 2025 (Unit: Yen in millions) Fiscal 2025 (Forecast) Change in amount Business Profit by Fiscal 2024 Previous (Oct. 2024) Revised (Feb. 2025) compared with Reporting Segment % to Sales % to Sales % to Sales Previous Amount Amount Amount

  18. Slide 18: Progress of the Structural Reforms of Challenging Businesses

    Progress of the Structural Reforms of Challenging Businesses Aim for two businesses to return profitable in fiscal 2026 by accelerating structural reforms Core Components Business – Organic Packages and Boards Business Revise business strategy to “selection and concentration with a focus on profitab

  19. Slide 19: Initiatives to Improve Corporate Value

    1 Financial Results for Nine Months of Fiscal 2025 2 Financial Forecasts for Fiscal 2025 3 Initiatives to Improve Corporate Value 18 © 2025 KYOCERA Corporation

  20. Slide 20: Kyocera's Understanding of Current Situation

    Kyocera’s Understanding of Current Situation Management policy and issues presented in the Medium-term Management Plan announced in May 2023 Basic Management Policy Management Rationale: “To provide opportunities for the material and intellectual growth of all our employees, and through our joint ef

  21. Slide 21: Implementation of Reforms to Improve Corporate Value

    Implementation of Reforms to Improve Corporate Value Propel corporate reforms to both business and capital strategies to achieve a P/B ratio of at least 1 as soon as possible Fiscal 2024 Fiscal 2025 Fiscal 2026 Fiscal 2027 Fiscal 2028 Fiscal 2029 Fiscal 2030 Structural Reforms Enhance Profitability

  22. Slide 22: Revision of Capital Strategy (1): Accelerate Reduction of Cross-shareholding

    Revision of Capital Strategy (1) Accelerate Reduction of Cross-shareholding Time frame to sell KDDI shares has been shortened since the previous announcement Announcement at Last Quarterly Today’s Announcement (Feb. 2025) Financial Presentation (Oct. 2024) Changed policy to proceed Further accelerat

  23. Slide 23: Revision of Capital Strategy (2): Share Repurchases

    Revision of Capital Strategy (2) Current Policy Regarding Repurchases of Own Shares During fiscal 2026 Trend in Share Repurchase Amount Plan to repurchase approx. 200 billion yen (Unit: Yen in billions) worth of own shares, to enhance capital efficiency and improve shareholder returns Approx. 200.0

  24. Slide 24: Other Management Issues for Corporate Reforms

    Other Management Issues for Corporate Reforms Shorten Term of Office of Directors Proposal related to shortening the term of office of Directors will be submitted to the Ordinary General Meeting of Shareholders scheduled to be held in June 2025. Shortening the term of office of Directors from the cu

  25. Slide 25: Summary of Initiatives to Improve Corporate Value

    Summary of Initiatives to Improve Corporate Value Kyocera will implement the following initiatives related to the business and capital strategies explained today, in a robust manner, starting in fiscal 2026. Major Initiatives for Fiscal 2026 ⚫ Make challenged businesses profitable Revise strategies

  26. Slide 26: Appendix

    Appendix: p. 26 Financial Results for the Nine Months of Fiscal 2025 Excluding One-time Costs pp. 27-30 Quarterly Trends of Financial Results from 1Q of Fiscal 2024 to 3Q of Fiscal 2025 25 © 2025 KYOCERA Corporation

  27. Slide 27: Financial Results Excluding One-time Costs

    Financial Results for the Nine Months of Fiscal 2025 Excluding One-time Costs Profit Ratio One-time Costs * Figures Excluding One-time Costs (Unit: Yen in billions) Profit Before Income Profit Attributable to Sales Revenue Operating Profit Taxes Owners of the Parent 00 00 2,000 2,000 2,000 00 1,492.

  28. Slide 28: Quarterly Trends of Financial Results

    Quarterly Trends of Financial Results Sales Revenue Operating Profit (Unit: Yen in billions) Profit Ratio (Unit: Yen in billions) 0.0 479.4 505.9 507.4 511.5 498.9 499.7 493.5130.0 0.0 5.4% 5.6% 5.1% 80.0 4.2% 3.4% 2.6% 0.0 25.7 28.3 25.8 30.0 21.0 16.9 13.1 0.0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 1Q 2Q 3Q 4Q 1Q 2

  29. Slide 29: Core Components Business Quarterly Trends

    Core Components Quarterly Trends of Financial Results by Reporting Segment Business Sales Revenue Business Profit / Loss (Unit: Yen in billions) Business Profit Ratio (Unit: Yen in billions) 180.0 40 11.2% 160.0 10.3% 10.0% 149.8 35 8.6% 9.0% 148.3 143.3 142.0 136.9 138.4 140.0 134.1 30 3.4% 120.0 5

  30. Slide 30: Electronic Components Business Quarterly Trends

    Electronic Quarterly Trends of Financial Results by Reporting Segment Components Business Sales Revenue Business Profit / Loss (Unit: Yen in billions) Business Profit Ratio (Unit: Yen in billions) 120.0 100.0 30.0 90.2 89.7 89.7 91.2 87.8 85.4 84.6 80.0 25.0 20.0 60.0 15.0 6.4% 40.0 4.8% 3.6% 10.0 1

  31. Slide 31: Solutions Business Quarterly Trends

    Solutions Business Quarterly Trends of Financial Results by Reporting Segment Sales Revenue Business Profit / Loss (Unit: Yen in billions) Business Profit Ratio (Unit: Yen in billions) 350.0 300.0 290.8 272.3 273.7 275.7 270.5 269.9 264.8 8.3% 7.3% 6.6% 5.9% 5.7% 5.3% 4.9% 250.0 75.3 30 Industrial 7

  32. Slide 32: Cautionary Statements with respect to Forward-Looking Statements

    Cautionary Statements with respect to Forward-Looking Statements Certain of the statements made in this document are forward-looking statements, which are based on our current assumptions and beliefs in light of the information currently available to us. These forward-looking statements involve know

  33. Slide 33: © 2025 KYOCERA Corporation

    KYOCERA KYOCERA Corporation © 2025 KYOCERA Corporation

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