Keyence CorporationTSE: 6861

Second Quarter of FY2025 Financial Results Materials

· Issued by Keyence Corporation
‌Second Quarter of FY2025 Financial Results Materials

October 29, 2025

KEYENCE CORPORATION‌Consolidated Financial Results for FY2025

(100 million yen)

Net sales

FY2024

1H

5,156

FY2025

1H

Y/Y

5,453

+5.8%

Operating income

2,640

2,722

+3.1%

Income before

income taxes

2,657

2,850

+7.3%

Net income

attributable to owners of the parent

1,897

2,000

+5.4%

Copyright© 2025 KEYENCE CORPORATION. All rights reserved 2

‌Consolidated Financial Results for FY2025

(100 million yen)

Net sales

FY2024

2Q

2,683

FY2025

2Q

Y/Y

2,842

+5.9%

Operating income

1,406

1,429

+1.6%

Income before

income taxes

1,343

1,535

+14.3%

Net income

attributable to owners of the parent

962

1,078

+12.1%

Copyright© 2025 KEYENCE CORPORATION. All rights reserved 3

‌Consolidated Financial Results

(100 million yen)

FY2024

FY2024

FY2024

FY2025

FY2025

2Q

3Q

4Q

1Q

2Q

Q/Q

Y/Y

Net sales

2,683

2,596

2,840

2,611

2,842

+8.9%

+5.9%

Gross profit

2,259

2,174

2,371

2,157

2,352

+9.1%

+4.1%

Gross margin

84.2%

83.7%

83.5%

82.6%

82.8%

+0.2P

△1.4P

Selling, general

& administrative expenses

853

843

844

864

923

+6.9%

+8.2%

Operating income

1,406

1,331

1,527

1,293

1,429

+10.5%

+1.6%

Operating income margin

52.4%

51.3%

53.8%

49.5%

50.3%

+0.8P

△2.1P

Copyright© 2025 KEYENCE CORPORATION. All rights reserved 4

‌FY2025 1H by Geographical Area (Y/Y)

Japan

FY2024

Actual

+7.5%

1H

Local Currency

Base

-

FY2025

Actual

1H

Local Currency

Base

+4.4%

-

Overseas

+12.3%

+2.8%

+6.5%

+10.8%

Americas

+15.5%

+4.6%

+6.7%

+13.9%

Asia

+12.3%

+4.3%

+10.8%

+15.3%

Europe & Others

+7.8%

△2.3%

△1.4%

△1.1%

Copyright© 2025 KEYENCE CORPORATION. All rights reserved 5

‌FY2025 2Q by Geographical Area (Y/Y)

Japan

FY2024

Actual

+10.2%

2Q

Local Currency

Base

-

FY2025

Actual

2Q

Local Currency

Base

+3.8%

-

Overseas

+10.0%

+3.0%

+7.1%

+11.6%

Americas

+11.2%

+4.2%

+7.5%

+14.2%

Asia

+12.9%

+6.2%

+10.1%

+14.8%

Europe & Others

+3.4%

△4.0%

+1.4%

+2.4%

Copyright© 2025 KEYENCE CORPORATION. All rights reserved 6

‌Sales Growth by Geographical Area

Japan

FY2024

2Q

+10.2%

FY2024

3Q

+9.2%

FY2024

4Q

+8.5%

FY2025

1Q

+5.2%

FY2025

2Q

+3.8%

Overseas

+3.0%

+6.5%

+7.4%

+11.4%

+11.6%

Americas

+4.2%

+11.6%

+10.7%

+14.2%

+14.2%

Asia

+6.2%

+7.1%

+14.6%

+17.1%

+14.8%

Europe & Others

△4.0%

△1.2%

△7.5%

△2.5%

+2.4%

Copyright© 2025 KEYENCE CORPORATION. All rights reserved 7

‌Sales Growth by Domestic Industry (Y/Y)

*5% increments

Semiconductors & Liquid Crystals

FY2024

1H

0%

FY2024

2H

+5%

FY2025

1H

0%

Electronics and precision

0%

△5%

△5%

Automotive & Transportation

+20%

+15%

△5%

Metal & Machine Tools

0%

△5%

+5%

Food & Pharmaceuticals

+15%

+15%

+10%

Other

+15%

+20%

+20%

Copyright© 2025 KEYENCE CORPORATION. All rights reserved 8

‌% of Sales by Domestic industry

*5% increments

Semiconductors & Liquid Crystals

FY2024

1H

10%

FY2024

2H

10%

FY2025

1H

10%

Electronics and precision

15%

15%

15%

Automotive & Transportation

25%

25%

25%

Metal & Machine Tools

10%

10%

10%

Food & Pharmaceuticals

10%

10%

10%

Other

30%

30%

30%

Copyright© 2025 KEYENCE CORPORATION. All rights reserved 9

‌FY2025 2Q by Geographical Area (% of Sales)

FY2024

FY2025

2Q

2Q

Japan

36.3%

35.6%

Overseas

63.7%

64.4%

Americas

36.7%

36.8%

Asia

40.2%

41.3%

Europe & Others

23.2%

21.9%

*Composition ratio of Americas, Asia, Europe & Others is the composition ratio of overseas sales

Copyright© 2025 KEYENCE CORPORATION. All rights reserved 10

‌% of Sales by Geographical Area (1H)

FY2021

FY2022

FY2023

FY2024

FY2025

1H

1H

1H

1H

1H

Japan

40.4%

37.4%

35.6%

34.6%

34.2%

Overseas

59.6%

62.6%

64.4%

65.4%

65.8%

Americas

30.4%

32.4%

35.1%

36.1%

36.1%

Asia

48.5%

46.2%

40.8%

40.7%

42.4%

Europe & Others

21.1%

21.4%

24.2%

23.2%

21.5%

*Composition ratio of Americas, Asia, Europe & Others is the composition ratio of overseas sales

Copyright© 2025 KEYENCE CORPORATION. All rights reserved 11

‌R&D expenditure and Others

(100 million yen)

FY2024

FY2024

FY2024

FY2025

FY2025

2Q

3Q

4Q

1Q

2Q

R&D expenditure

76

69

73

78

88

Capital expenditures

42

32

38

78

38

Depreciation & amortization

41

42

33

38

47

Copyright© 2025 KEYENCE CORPORATION. All rights reserved 12

‌Exchange Rate

2Q

Average exchange rate FY2024

FY2025

2Q

FY2024

1H

FY2025

1H

USD / JPY 154

146

154

146

EUR / JPY 168

170

167

166

CNY / JPY 21.3

20.4

21.2

20.3

<Foreign exchange impact(FY2025-1H)>

Sales :approximately △134 (100 million yen) Operating income :approximately △98 (100 million yen)

<Exchange sensitivity>

Impact on operating income(FY2025)

→USD :approximately 9 (100 million yen) *Per 1 yen fluctuation

→EUR :approximately 5 (100 million yen) *Per 1 yen fluctuation

→CNY :approximately 7 (100 million yen) *Per 0.1 yen fluctuation

Copyright© 2025 KEYENCE CORPORATION. All rights reserved 13

‌Dividend

Interim dividend / share(Yen)

FY2021

100

FY2022

150

FY2023

150

FY2024

175

FY2025

275

Year-end dividend / share(Yen)

100

150

150

175

Forecast

275

Annual dividend / share(Yen)

200

300

300

350

Forecast

550

Total dividend amount (100M Yen)

485

728

728

849

Forecast

1,334

Copyright© 2025 KEYENCE CORPORATION. All rights reserved 14

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