Kyocera Corporation · TSE:6971
Kyocera — FY2024 Earnings Presentation
26 slides from Kyocera's earnings presentation, Apr 26, 2024
Slide 1: Financial Presentation for the Year Ended March 31, 2024
Financial Presentation for the Year Ended March 31, 2024 April 26, 2024 Hideo Tanimoto President and Representative Director © 2024 KYOCERA Corporation
Slide 2: Financial Results and Financial Forecasts
1 Financial Results for the Year Ended March 31, 2024 2 Financial Forecasts for the Year Ending March 31, 2025 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. In the event of any
Slide 3: Financial Results for the Year Ended March 31, 2024
1 Financial Results for the Year Ended March 31, 2024 2 Financial Forecasts for the Year Ending March 31, 2025 2 © 2024 KYOCERA Corporation
Slide 4: Financial Results (1)
Financial Results for the Year Ended March 31, 2024 (1) (Unit: Yen in millions) Year Ended Year Ended Change March 31, 2023 March 31, 2024 Amount % Sales Revenue 2,025,332 2,004,221 -21,111 -1.0% 128,517 92,923 -35,594 -27.7% Operating Profit (6.3%) (4.6%) Profit Before Income 176,192 136,143 -40,04
Slide 5: Financial Results (2)
Financial Results for the Year Ended March 31, 2024 (2) (Unit: Yen in millions) Year Ended Year Ended Change March 31, 2023 March 31, 2024 Amount % Capital Expenditures 173,901 161,684 -12,217 -7.0% (8.6%) (8.1%) Depreciation Charge of Property, Plant and 108,757 111,724 2,967 2.7% Equipment (5.4%)
Slide 6: Sales Revenue by Reporting Segment
Sales Revenue by Reporting Segment for the Year Ended March 31, 2024 (Unit: Yen in millions) Sales Revenue by Year Ended March 31, 2023 Year Ended March 31, 2024 Change Reporting Segment Component Component Amount Ratio Amount Ratio Amount % Core Components Business 592,376 29.2% 569,145 28.4% -23,2
Slide 7: Business Profit (Loss) by Reporting Segment
Business Profit (Loss) by Reporting Segment for the Year Ended March 31, 2024 (Unit: Yen in millions) Business Profit by Year Ended March 31, 2023 Year Ended March 31, 2024 Change Reporting Segment % to Sales % to Sales Amount Revenue Amount Revenue Amount % Core Components Business 89,475 15.1% 57,
Slide 8: Summary of Financial Results
Summary of Financial Results for the Year Ended March 31, 2024 Sales Revenue Profit Before Income Taxes (Unit: Yen in billions) (Unit: Yen in billions) 2,025.3 176.2 32.5 2,004.2 -23.3 -4.1 29.4 0.4 136.1 -32.3 -26.2 ～ ～ ～ ～ -37.6 Year Ended Core Components Electronic Solutions Others Year Ended Yea
Slide 9: Core Components Business Financial Results
Core Components Financial Results by Reporting Segment for the Year Ended March 31, 2024 Business Sales Revenue Business Profit (Ratio) 800.0 (Unit: Yen in billions) (Unit: Yen in billions) 140.0 700.0 592.4 569.1 120.0 89.5 600.0 500.0 100.0 (15.1%) 80.0 57.2 400.0 (10.1%) 300.0 60.0 200.0 40.0 100
Slide 10: Electronic Components Business Financial Results
Electronic Components Financial Results by Reporting Segment for the Year Ended March 31, 2024 Business Sales Revenue 事業利益 Business Profit (Ratio) 600.0 (Unit: Yen in billions) 120.0 (Unit: Yen in billions) 500.0 100.0 378.5 400.0 352.3 80.0 300.0 60.0 44.1 (11.6%) 200.0 40.0 6.5 100.0 20.0 (1.9%) 0
Slide 11: Solutions Business Financial Results
Solutions Business Financial Results by Reporting Segment for the Year Ended March 31, 2024 Sales Revenue Business Profit (Ratio) (Unit: Yen in billions) (Unit: Yen in billions) 140.0 ,200.0 1,101.1 1,068.6 120.0 ,000.0 100.0 71.6 800.0 80.0 (6.5%) 600.0 42.2 60.0 (4.0%) 400.0 40.0 200.0 20.0 0.0 0.
Slide 12: Financial Forecasts for the Year Ending March 31, 2025
1 Financial Results for the Year Ended March 31, 2024 2 Financial Forecasts for the Year Ending March 31, 2025 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 for using the equity
Slide 13: Financial Forecasts for the Year Ending March 31, 2025 (1)
Financial Forecasts for the Year Ending March 31, 2025 (1) (Unit: Yen in millions) Year Ended Year Ending Change March 31, 2024 March 31, 2025 Amount % Sales Revenue 2,004,221 2,050,000 45,779 2.3% 92,923 110,000 17,077 18.4% Operating Profit (4.6%) (5.4%) Profit Before Income 136,143 150,000 13,857
Slide 14: Financial Forecasts for the Year Ending March 31, 2025 (2)
Financial Forecasts for the Year Ending March 31, 2025 (2) (Unit: Yen in millions) Year Ended Year Ending Change March 31, 2024 March 31, 2025 Amount % Capital Expenditures 161,684 200,000 38,316 23.7% (8.1%) (9.8%) Depreciation Charge of Property, Plant and 111,724 120,000 8,276 7.4% Equipment (5.6
Slide 15: Sales Revenue Forecasts by Reporting Segment
Sales Revenue Forecasts by Reporting Segment for the Year Ending March 31, 2025 (Unit: Yen in millions) Sales Revenue by Year Ended March 31, 2024 Year Ending March 31, 2025 Change Reporting Segment Component Component Amount Ratio Amount Ratio Amount % Core Components Business 569,145 28.4% 580,000
Slide 16: Business Profit Forecasts by Reporting Segment
Business Profit (Loss) Forecasts by Reporting Segment for the Year Ending March 31, 2025 (Unit: Yen in millions) Business Profit by Year Ended March 31, 2024 Year Ending March 31, 2025 Change Reporting Segment % to Sales % to Sales Amount Revenue Amount Revenue Amount % Core Components Business 57,2
Slide 17: Summary of Financial Forecasts
Summary of Financial Forecasts for the Year Ending March 31, 2025 Sales Revenue Profit Before Income Taxes (Unit: Yen in billions) (Unit: Yen in billions) 29.4 2,050.0 -2.2 16.2 7.7 10.9 23.5 2,004.2 150.0 136.1 3.8 -29.6 ～Year Ended Core Components Electronic March 31, 2024 Business Components Solu
Slide 18: Shareholder Return
Shareholder Return (1) The Year Ended March 31, 2024 • Share repurchase of approx. 50 billion yen. • Plan to distribute annual dividend of 50 yen per share* (2) The Year Ending March 31, 2025 • Forecast annual dividend of 50 yen per share, the same amount as in the Year Ended March 31, 2024. 【Histor
Slide 19: Corporate Governance Initiatives
Corporate Governance Initiatives ＊Scheduled proposal for submission at the Ordinary General Meeting of Shareholders in June 2024. Appointment of Outside Director of the Board and Audit & Supervisory Board Member ⚫ Enhance the supervisory functions and diversity of the Board of Directors The candidat
Slide 20: Appendix: Quarterly Trends of Financial Results
Appendix: Quarterly Trends of Financial Results from 1Q of Fiscal 2023 to 4Q of Fiscal 2024 19 © 2024 KYOCERA Corporation
Slide 21: Quarterly Trends of Financial Results
Quarterly Trends of Financial Results Sales Revenue Operating Profit (Unit: Yen in billions) Profit Ratio (Unit: Yen in billions) 0.0 492.0 520.2 514.3 498.8 505.9 507.4 511.5 479.4 100.0 8.4% 6.7% 7.3% 0.0 5.4% 5.6% 5.1% 2.9% 2.6% 50.0 41.4 35.1 37.4 0.0 25.7 28.3 25.8 14.6 13.1 0.0 0.0 1Q 2Q 3Q 4Q
Slide 22: Quarterly Trends: Core Components Business
Core Components Business Quarterly Trends of Financial Results by Reporting Segment Sales Revenue Business Profit (Unit: Yen in billions) (Unit: Yen in billions) Business Profit Ratio 180.0 157.5 33 16.3% 16.0% 160.0 154.2 14.7% 148.3 149.8 13.2% 141.5 139.2 136.9 25.7 11.2% 140.0 134.1 28 10.3% 10.
Slide 23: Quarterly Trends: Electronic Components Business
Electronic Components Business Quarterly Trends of Financial Results by Reporting Segment Sales Revenue Business Profit (Unit: Yen in billions) (Unit: Yen in billions) Business Profit Ratio 120.0 100.5 100.0 95.4 94.6 90.2 30.0 88.0 87.8 89.7 84.6 80.0 25.0 16.8% 14.4% 20.0 60.0 9.6% 16.0 14.5 15.0
Slide 24: Quarterly Trends: Solutions Business
Solutions Business Quarterly Trends of Financial Results by Reporting Segment Sales Revenue Business Profit (Unit: Yen in billions) (Unit: Yen in billions) 350.0 Business Profit Ratio 300.0 290.6 276.0 272.2 273.7 266.1 268.5 264.6 258.0 8.5% 250.0 75.3 30 5.7% 5.9% 5.9% 5.5% 70.0 75.8 4.1% 4.0% 80.
Slide 25: 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
Slide 26: KYOCERA
KYOCERA KYOCERA Corporation © 2024 KYOCERA Corporation