Kyocera Corporation · TSE:6971
Kyocera — 1H FY2024 Earnings Presentation
24 slides from Kyocera's earnings presentation, Nov 1, 2023
Slide 1: Financial Presentation for the Six Months Ended September 30, 2023
Financial Presentation for the Six Months Ended September 30, 2023 November 1, 2023 Hideo Tanimoto President and Representative Director © 2023 KYOCERA Corporation
Slide 2: Financial Results for 1H and Forecasts for Fiscal 2024
1 Financial Results for 1H of Fiscal 2024 2 Financial Forecasts for Fiscal 2024 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 discrepancy between this transl
Slide 3: Financial Results for 1H of Fiscal 2024
1 Financial Results for 1H of Fiscal 2024 2 Financial Forecasts for Fiscal 2024 2 © 2023 KYOCERA Corporation
Slide 4: Financial Results for 1H of Fiscal 2024 (1)
Financial Results for 1H of Fiscal 2024 (1) (Unit: Yen in millions) Fiscal 2023 Fiscal 2024 Change 1H 1H Amount % Sales Revenue 1,012,172 985,290 -26,882 -2.7% Operating 76,488 54,002 -22,486 -29.4% Profit (7.6%) (5.5%) Profit Before 104,311 77,867 -26,444 -25.4% Income Taxes (10.3%) (7.9%) Profit A
Slide 5: Financial Results for 1H of Fiscal 2024 (2)
Financial Results for 1H of Fiscal 2024 (2) (Unit: Yen in millions) Fiscal 2023 Fiscal 2024 Change 1H 1H Amount % Capital 85,416 65,963 -19,453 -22.8% Expenditures (8.4%) (6.7%) Depreciation Charge of 52,158 54,077 1,919 3.7% Property, Plant (5.2%) (5.5%) and Equipment R&D Expenses 45,717 50,757 5,0
Slide 6: Sales Revenue by Reporting Segment for 1H of Fiscal 2024
Sales Revenue by Reporting Segment for 1H of Fiscal 2024 (Unit: Yen in millions) Sales Revenue by Fiscal 2023 1H Fiscal 2024 1H Change Reporting Segment Component Component Amount Ratio Amount Ratio Amount % Core Components Business 298,981 29.5% 282,402 28.7% -16,579 -5.5% Industrial & Automotive C
Slide 7: Business Profit (Loss) by Reporting Segment for 1H of Fiscal 2024
Business Profit (Loss) by Reporting Segment for 1H of Fiscal 2024 (Unit: Yen in millions) Business Profit by Fiscal 2023 1H Fiscal 2024 1H Change Reporting Segment % to Sales % to Sales Amount Revenue Amount Revenue Amount % Core Components Business 46,460 15.5% 30,466 10.8% -15,994 -34.4% Industria
Slide 8: Summary of Financial Results
Summary of Financial Results for 1H of Fiscal 2024 Sales Revenue Profit Before Income Taxes (Unit: Yen in billions) (Unit: Yen in billions) 1,012.2 104.3 -16.6 12.7 985.3 -1.9 -16.0 6.1 4.1 77.9 -21.1 ~ ~ ~ ~ -20.6 1H Core Components Electronic Solutions Others 1H 1H Core Components Electronic Solut
Slide 9: Core Components Business Financial Results
Core Components Business Financial Results by Reporting Segment for 1H of Fiscal 2024 Sales Revenue Business Profit (Ratio) 400.0 (Unit: Yen in billions) 120.0 (Unit: Yen in billions) 299.0 293.4 100.0 300.0 282.4 80.0 46.5 200.0 60.0 43.0 (15.5%) 30.5 (14.7%) 40.0 (10.8%) 100.0 20.0 0.0 0.0 1H 2H 1
Slide 10: Electronic Components Business Financial Results
Electronic Components Business Financial Results by Reporting Segment for 1H of Fiscal 2024 Sales Revenue 事業利益 Business Profit (Ratio) 400.0 (Unit: Yen in billions) (Unit: Yen in billions) 80.0 300.0 60.0 195.9 182.6 30.5 200.0 174.8 40.0 (15.6%) 13.6 9.9 100.0 20.0 (7.4%) (5.6%) 0.0 0.0 1H 2H 1H 1H
Slide 11: Solutions Business Financial Results
Solutions Business Financial Results by Reporting Segment for 1H of Fiscal 2024 Sales Revenue Business Profit (Ratio) (Unit: Yen in billions) (Unit: Yen in billions) 600.0 524.1 544.5 536.8 80.0 500.0 60.0 400.0 31.8 300.0 40.0 25.7 (5.9%) (4.9%) 16.5 200.0 (3.0%) 20.0 100.0 0.0 0.0 1H 2H 1H 1H 2H 1
Slide 12: Financial Forecasts for Fiscal 2024
1 Financial Results for 1H of Fiscal 2024 2 Financial Forecasts for Fiscal 2024 11 © 2023 KYOCERA Corporation
Slide 13: Financial Forecasts for Fiscal 2024 (1)
Financial Forecasts for Fiscal 2024 (1) (Unit: Yen in millions) Change in amount Fiscal 2024 (Forecast) compared with Fiscal 2023 Previous Revised Fiscal 2023 Previous Forecast (May 2023) (November 2023) Sales Revenue 2,025,332 2,100,000 2,050,000 24,668 -50,000 Operating 128,517 147,000 120,000 -8,
Slide 14: Financial Forecasts for Fiscal 2024 (2)
Financial Forecasts for Fiscal 2024 (2) (Unit: Yen in millions) Change in amount Fiscal 2024 (Forecast) Fiscal 2023 compared with Previous Revised Fiscal 2023 Previous Forecast (May 2023) (November 2023) Capital 173,901 275,000 170,000 -3,901 -105,000 Expenditures (8.6%) (13.1%) (8.3%) Depreciation
Slide 15: Sales Revenue Forecasts by Reporting Segment for Fiscal 2024
Sales Revenue Forecasts by Reporting Segment for Fiscal 2024 (Unit: Yen in millions) Fiscal 2024 (Forecast) Change in amount Sales Revenue by Fiscal 2023 Previous (May 2023) Revised (November 2023) compared with Reporting Segment Component Component Component Amount Amount Amount Fiscal 2023 Previou
Slide 16: Business Profit (Loss) Forecasts by Reporting Segment for Fiscal 2024
Business Profit (Loss) Forecasts by Reporting Segment for Fiscal 2024 (Unit: Yen in millions) Fiscal 2024 (Forecast) Change in amount Business Profit by Fiscal 2023 Previous (May 2023) Revised (November 2023) compared with Reporting Segment % to Sales % to Sales % to Sales Amount Amount Amount Fisca
Slide 17: Dividends for Fiscal 2024
Dividends for Fiscal 2024 (1) Interim Dividend The interim dividend will be 100 yen per share, same as the interim dividend of Fiscal 2023. (2) Year-end Dividend The year-end dividend is forecasted to be 25 yen per share on post-split basis. (Forecast of dividend per share on an annual basis is prac
Slide 18: Appendix: Quarterly Trends of Financial Results
Appendix: Quarterly Trends of Financial Results from 1Q of Fiscal 2023 to 2Q of Fiscal 2024 17 © 2023 KYOCERA Corporation
Slide 19: Quarterly Trends of Financial Results
Quarterly Trends of Financial Results Sales Revenue Operating Profit (Unit: Yen in billions) Profit Ratio (Unit: Yen in billions) 0.0 492.0 520.2 514.3 498.8 505.9 479.4 100.0 8.4% 6.7% 7.3% 0.0 5.4% 5.6% 2.9% 50.0 41.4 35.1 37.4 0.0 25.7 28.3 14.6 0.0 0.0 1Q 2Q 3Q 4Q 1Q 2Q 1Q 2Q 3Q 4Q 1Q 2Q Fiscal
Slide 20: 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 33 16.3% 16.0% 160.0 157.5 154.2 14.7% 148.3 13.2% 141.5 139.2 25.7 11.2% 140.0 134.1 28 10.3% Industrial & 49
Slide 21: 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) 30.0 Business Profit Ratio 120.0 25.0 16.8% 100.5 100.0 95.4 94.6 14.4% 88.0 90.2 84.6 20.0 9.6% 80.0 16.0 6.4% 5.1% 4.8% 15.0 14.5
Slide 22: 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) Business Profit Ratio 350.0 300.0 276.0 272.2 266.1 268.5 264.6 258.0 250.0 30 70.0 80.3 76.2 79.2 5.7% 5.9% 5.9% 81.9 80.4 4.1% 4.0% 25 2.1% 20
Slide 23: 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 24: © 2023 KYOCERA Corporation
KYOCERA KYOCERA Corporation © 2023 KYOCERA Corporation