Daishinku Corp., · TSE:6962
Daishinku Corp — FY2025 Earnings Presentation
26 slides from Daishinku Corp's earnings presentation, May 28, 2025
Slide 1: Financial Results Briefing
Financial Results Briefing Financial Results for the Year Ended March 31, 2025 May 28, 2025 DAISHINKU CORP. (Code: 6962) President, Minoru Iizuka Copyright © DAISHINKU CORP. All rights reserved.
Slide 2: Financial Results for the Year Ended March 31, 2025
Financial Results for the Year Ended March 31, 2025 Copyright © DAISHINKU CORP. All rights reserved.
Slide 3: Corrections in FY2025
Corrections in FY2025 FY2025 (before correction) FY2025 (after correction) Unit: Million yen Apr.-Jun. Apr.-Sep. Apr.-Dec. Apr.-Jun. Apr.-Sep. Apr.-Dec. Net sales 9,827 19,438 29,549 9,827 19,438 29,549 Operating profit 584 916 1,252 416 443 740 Ordinary profit 1,004 (78) 1,014 836 (550) 501 Profit
Slide 4: Results in FY2025 (YoY Change)
Results in FY2025 (YoY Change) Lower revenue and profit YoY Change FY2024 FY2025 Unit:Million yen Increase/Decrease Rate of change Net sales 39,343 38,620 (723) ↓ (1.8%) Operating profit 2,135 915 (1,220) ↓ (57.1%) Ordinary profit 3,192 412 (2,780) ↓ (87.1%) (1,591) ↓ Profit attributable to owners o
Slide 5: Sales by Market (YoY Change)
Sales by Market (YoY Change) IM: Industrial market CM: Consumer market AM: Automotive market TM: Telecommunications market Prolonged sluggishness of FY2024 FY2025 I FA/robot applications due to 39.3 Net sales 38.6 M reduced capital expenditures, etc. billion yen change rate billion yen 12% 10% C Str
Slide 6: Operating Profit Analysis (YoY Change)
Operating Profit Analysis (YoY Change) (Unit: million yen) (1,220) Operating Profit 2,135 Operating Profit 915 Copyright © DAISHINKU CORP. All rights reserved. 6 /26
Slide 7: Results in Q4 of FY2025 (QoQ Change)
Results in Q4 of FY2025 (QoQ Change) Lower revenue and profit FY2025 QoQ change Unit: Million yen Apr.-Jun. Jul.-Sep. Oct.-Dec. Jan.-Mar. Incease/Decrease Net sales 9,827 9,611 10,111 9,071 (1,040) ↓ Operating profit 416 27 296 174 (122) ↓ Ordinary profit 836 (1,387) 1,052 (89) (1,141) ↓ (247) ↓ Pro
Slide 8: Sales by Market (QoQ Change)
Sales by Market (QoQ Change) IM: Industrial market CM: Consumer market AM: Automotive market TM: Telecommunications market Sluggish sales due to the continuing trend of FY2025 Oct.-Dec. FY2025 Jan.-Mar. I excess inventory of FA equipment despite 10.1 Net sales 9.0 M strong sales for housing- and sec
Slide 9: Operating Profit Analysis (QoQ Change)
Operating Profit Analysis (QoQ Change) (Unit: million yen) (122) Operating Profit 296 Operating Profit 174 Copyright © DAISHINKU CORP. All rights reserved. 9 /26
Slide 10: Inventories Trends
Inventories Trends Year-end FX rate (USD/JPY) 18.0 17.1 billion yen 16.5 billion yen 16.4 billion yen billion yen FY2025 14.7 Compared to the end of billion yen the previous fiscal year: 151.41 yen 149.52 yen +1.6 billion yen (including the FX rate impact of 133.53 yen −0.2 billion yen) 122.39 yen ■
Slide 11: Capital Expenditures / Depreciation/R&D Expenses
Capital Expenditures / Depreciation/R&D Expenses (Unit: million yen) YoY FY2024 FY2025 Increase/ Decrease Increase in capital expenditures related to Capital Expenditures 3,613 7,450 3,837 the headquarters and plant Depreciation 3,941 3,986 45 R&D expenses 2,170 2,168 (2) QoQ FY2025 FY2025 Increase/
Slide 12: Full Year Forecast for the FY2026
Full Year Forecast for the FY2026 （Unit: million yen) Higher revenue and profit Increase/ Rate of FY2025 FY2026 Decrease change Net sales 38,620 41,000 2,380 ↑ 6.2% Operating profit 915 2,000 1,085 ↑ 118.6% Ordinary profit 412 1,000 588 ↑ 142.4% Profit attributable to owners of parent 285 500 215 ↑
Slide 13: Sales by Market
Sales by Market IM: Industrial market CM: Consumer market AM: Automotive market TM: Telecommunications market Demand for FA/robot applications to FY2025 FY2026 I remain sluggish due to reduced 38.6 Net sales 41.0 M capital expenditures change rate billion yen billion yen 10% 9% Somewhat weak sales f
Slide 14: Operating Profit Analysis (Full Year Forecast)
Operating Profit Analysis (Full Year Forecast) (Unit: million yen) +1,085 Operating Profit Operating Profit 2,000 915 Copyright © DAISHINKU CORP. All rights reserved. 14 /26
Slide 15: Progress of the OCEAN+2 Strategy
Progress of the OCEAN+2 Strategy Copyright © DAISHINKU CORP. All rights reserved.
Slide 16: Progress of the OCEAN+2 Strategy: Single Supplier
Progress of the OCEAN+2 Strategy One ：Single Supplier Changes in semiconductor structure — Advancement in chiplet technology What we do Conventional: SoC design Chiplet technology Increasing opportunities for embedding passive components in packages SoC = System on a Chip Optimal devices CPU GPU CPU
Slide 17: Progress of the OCEAN+2 Strategy: Challenge to Lower Cost Area
Progress of the OCEAN+2 Strategy Cost ：Challenge to Lower Cost Area Performance ■Conventional products ■Arkh line up Equipped with highly reliable Arkh series crystal resonators 2025 2027 SPXO Conventional products Resonator Arkh.2G ・ADAS KDS’s market share: about 10% ・Surveillance cameras Among the
Slide 18: Progress of the OCEAN+2 Strategy: Size Increase of Synthetic Quartz Crystals
Progress of the OCEAN+2 Strategy Element ： The Size Increase of Synthetic Quartz Crystals Concept to extend the Y length Chip yield: compared to 4-inch rough crystals Per rough crystal Per growth furnace Y length 4-inch rough crystals (current) 1 1 Conventional 4-inch-long About 3.5 times About 1.5
Slide 19: Progress of the OCEAN+2 Strategy: Alliance
Progress of the OCEAN+2 Strategy Alliance Chinese Priority given to using products of Chinese manufacturers Current Arrangements underway with Chinese market semiconductors and electronic components action manufacturers for conventional products Future vision Alliance Avoiding lost sales opportuniti
Slide 20: Niche: Advantage of being a survivor +1: New crystals
Progress of the OCEAN+2 Strategy Niche ：Advantage of being a survivor +1 ：New crystals Maintaining the top position Catalyst for Crystal Filters in the niche market Zeolite synthesis petroleum refining Growing demand for antennas in line with the Can be synthesized using the same growth growth of th
Slide 21: +2: New Business, KDS-DAC
Progress of the OCEAN+2 Strategy +2 : New Business KDS-DAC DAC : Direct Air Capture technology Technology to separate and capture CO2 directly from the atmosphere Image of the cycle CO2 Patent pending Cycle of CO2 capture and CO2 capture system hydrogen/oxygen generation ②CO2 separation ①CO2 capture
Slide 22: +2: New Business
Progress of the OCEAN+2 Strategy +2 : New Business KDS-Scope1 to 3 : assuming a reduction in CO2 emissions KDS’s investment About 14.0 billion yen by 220,000 t/year KDS-DAC Generating and selling hydrogen amounting Payback period About 3 years to 10,000 t per year (based on our calculation) Banking
Slide 23: KDS's Business Domains
KDS’s Business Domains Markets expected to expand • SPXO • TCXO Crystal • Differential output crystal oscillators oscillators Automated driving (Arkh.2G included above) • RTC (time recording) AI data centers • High-frequency crystal resonators Crystal • Arkh.3G crystal resonators (Both are photolith
Slide 24: Breakdown of Sales Increase for FY2027
Breakdown of Sales Increase for FY2027 Arkh.2G Gaining a market share based on cost competitiveness and performance Crystal filters Optical transceivers, Surveillance cameras, Smart meters, GPS/GNSS modules Conventional products Taking full advantage of production capacity, Crystal which is amon
Slide 25: Impact of U.S. Tariffs
Impact of U.S. Tariffs IM: Industrial market CM: Consumer market AM: Automotive market TM: Telecommunications market Image of our sales by region AM Europe Greater China IM TM AM Korea TM Japan North CM IM AM AM IM America AM TM Asia AM CM TM/CM : The shift of production from China to Asia would be
Slide 26: Forward-looking statements
Forward-looking statements, such as performance forecasts for this fiscal year, are calculated based on information currently available and contain uncertainties. Actual performance may differ significantly from forward-looking statements due to changes in business conditions and other factors. In a