Kyocera Corporation · TSE:6971

Kyocera — 1H FY2025 Earnings Presentation

15 slides from Kyocera's earnings presentation, Oct 30, 2024

1. Slide 1: Excerpts from Financial Presentation Material for 1H of Fiscal 2025

   Excerpts from the Financial Presentation Material for the First Half of Fiscal 2025 1 Financial Results for 1H of Fiscal 2025 2 Financial Forecasts for Fiscal 2025 Progress of Medium-term Management Plan and 3 Future Direction 4 Change in Policy Regarding “Cross-shareholdings” 5 Management Reforms t

2. Slide 2: Progress of Medium-term Management Plan (By Fiscal 2026)

   Progress of Medium-term Management Plan (By Fiscal 2026) Sales Revenue (Yen in Billions) Profit Ratio Before Income Taxes (%) Kyocera Group Total 30.0% 12,000 Core Components Business 30.0% 30,000 2,500.0 25.0% 10,000 25.0% 25,000 2,025.3 2,004.2 2,020.0 780.0 20,000 20.0% 8,000 20.0% 14.0% 592.4 56

3. Slide 3: Core Components Business Portfolio and Future Direction

   Core Components Business Business Portfolio and Future Direction Business Portfolio (Fiscal 2024) Future Direction *Circle area represents sales revenue of Kyocera’s respective business ◆ Enhance profitability in Organic Packages Demand shift to AI has reduced orders and operating rates Business ✓ A

4. Slide 4: Electronic Components Business Portfolio and Future Direction

   Electronic Components Business Business Portfolio and Future Direction Business Portfolio (Fiscal 2024) Future Direction *Circle area represents sales revenue of Kyocera’s respective business ◆ Restructure businesses of KAVX Group Market softening and ✓ Invest Kyocera’s resources (technology and per

5. Slide 5: Solutions Business Portfolio and Future Direction

   Solutions Business Business Portfolio and Future Direction Business Portfolio (Fiscal 2024) Future Direction *Circle area represents sales revenue of Kyocera’s respective business ◆ Implement business-specific measures for high growth and high profitability ✓ Expand business and enhance profitabilit

6. Slide 6: Change in Policy Regarding Cross-shareholdings

   1 Financial Results for 1H of Fiscal 2025 2 Financial Forecasts for Fiscal 2025 Progress of Medium-term Management Plan and 3 Future Direction 4 Change in Policy Regarding “Cross-shareholdings” 5 Management Reforms to Enhance Corporate Value 22 © 2024 KYOCERA Corporation

7. Slide 7: Changed Policy to Proceed with Sale of KDDI Shares

   Change in Policy Regarding “Cross-shareholdings” Changed Policy to Proceed with Sale of KDDI Shares 1. Since the establishment of DDI* (now KDDI Corporation), the business situations of both companies have significantly changed. Reflecting this, Kyocera has determined that it is time to review its h

8. Slide 8: Management Reforms to Enhance Corporate Value

   1 Financial Results for 1H of Fiscal 2025 2 Financial Forecasts for Fiscal 2025 Progress of Medium-term Management Plan and 3 Future Direction 4 Change in Policy Regarding “Cross-shareholdings” 5 Management Reforms to Enhance Corporate Value 24 © 2024 KYOCERA Corporation

9. Slide 9: Current State of the Kyocera Group

   Current State of the Kyocera Group • Sales revenue has increased over the past decade, partly due to M&A effects • Investments prioritized in the past five to six years, with returns still to come (Yen in billions) 2,004.2 2,020.0 (%) 2,000 20 Sales revenue 1,500 1,447.4 15 Capital expenditures + R&

10. Slide 10: Kyocera from the Perspective of the Capital Market

    Kyocera from the Perspective of the Capital Market Kyocera’s Price-to-Book (P/B) Ratio Capital Market Assessment of Kyocera (x) 1.5 ✓ Kyocera has diverse businesses but lacks a clear driver for overall profitability. 1.4 ✓ Financial assets make up over half of market 1.3 capitalization, highlighting

11. Slide 11: Overview of Management Reforms for Enhancing Corporate Value

    Overview of Management Reforms for Enhancing Corporate Value 【Policy】 Strengthen business portfolio management across the three reporting segments, namely the Core Components Business, the Electronic Components Business, and the Solutions Business, focusing on a management approach that further prio

12. Slide 12: Direction that Kyocera should Pursue

    Direction that Kyocera should Pursue Build a sustainable business portfolio that adapts to various changes in the business environment through enhancing the value of each reporting segment Assumed cost of capital *Circle area represents sales revenue of Kyocera’s respective business 6% Fiscal 2024 A

13. Slide 13: Strengthen Governance Structure to Realize Management Reforms

    Strengthen Governance Structure to Realize Management Reforms Meeting of the Board of Directors Internal Outside Key topics under consideration (held monthly) 10 Directors 4 Audit & Supervisory ◆ Business portfolio analysis Board Members (Market growth rate / Market share / ROIC, etc.) Proposal ◆ Gr

14. Slide 14: 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

15. Slide 15: © 2024 KYOCERA Corporation

    KYOCERA KYOCERA Corporation © 2024 KYOCERA Corporation

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