Slide 1: Financial Results for the Fiscal Year Ending March 31, 2025
Financial Results for the Fiscal Year Ending March 31, 2025 16 May 2025 © 2025 MARUBUN CORPORATION
Slide 2: Agenda
Agenda 1. FY2024 Summary of Consolidated Financial Results 2. FY2025 Summary of Consolidated Financial Forecasts 3. FY2025-2027 Medium-term Business Plan 4. Shareholder Returns 5. About Marubun © 2025 MARUBUN CORPORATION
Slide 3: 1. FY2024 Summary of Consolidated Financial Results
1. FY2024 Summary of Consolidated Financial Results © 2025 MARUBUN CORPORATION
Slide 4: FY2024 Summary of Consolidated Financial Results
FY2024 Summary of Consolidated Financial Results FY2023 FY2024 Compared ▶ Net sales decreased due to a YoY to decrease in overall demand, Composition Forecast Composition Changes Actual Actual forecast including semiconductors for （Millions of Yen） Ratio （10/31） Ratio automotive applications and +25
Slide 5: FY2024 Performance Summary by Business
FY2024 Performance Summary by Business ▍ Electronic Devices Business (Millions of Yen) FY2022 FY2023 YoY Changes ▶ Decrease in semiconductors △28,000 for automotive applications Net sales 179,011 151,011 and semiconductors for PC (△15.6%) and computer peripherals ▍ Electronic Systems Business (Milli
Slide 6: FY2024 Electronic Devices Business Net Sales Breakdown by Product Category
FY2024 Electronic Devices Business Net Sales Breakdown by Product Category (Millions of Yen) 179,011 Reasons for changes Electronic Components（+1,733） 151,011 33,840 – Increase in PC and computer peripherals Custom IC（△6,134） 16,085 35,573 – Decrease in PC and computer peripherals 9,951 Special-Use
Slide 7: FY2024 Electronic Devices Business Market Trend by Application
FY2024 Electronic Devices Business Market Trend by Application Reasons for Changes 4% 4% 9% Communication Equipment （±0pt） 11% – Same level as previous year 20% 20% Computer ＆ Office Equipment （△2pt） – Same level as previous year 18% 22% Industrial Equipment & Other（±0pt） – Same level as previous ye
Slide 8: FY2024 Electronic Systems Business Net Sales Breakdown by Product Category
FY2024 Electronic Systems Business Net Sales Breakdown by Product Category (Millions of Yen) 59,500 Reasons for changes 57,336 Medical Equipment（+264） – Same level as previous year 23,600 23,263 Laser Equipment（+1,029） – Increase in laser diodes 8,216 Industrial Equipment（△996） 7,292 – Decrease in e
Slide 9: FY2024 Electronic Solutions Business Net Sales Breakdown by Product Category
FY2024 Electronic Solutions Business Net Sales Breakdown by Product Category （Millions of Yen） Reasons for changes AI・Robotics（+44） 2,536 2,489 – Same level as previous year 116 160 ICT Solution（△91） – Decrease in network simulation tools 2,420 2,329 FY2023 FY2024 © 2025 MARUBUN CORPORATION
Slide 10: FY2024 Summary of Balance Sheets
FY2024 Summary of Balance Sheets （Millions of Yen） FY2023 FY2024 Changes Amount ▶ Total assets decreased by Total assets 174,120 144,765 △29,354 29.3 billion yen compared to Current assets 162,616 130,199 △32,416 the end of the previous fiscal Cash and deposits 23,823 24,246 +423 year. Notes and acc
Slide 11: Mechanism of Accounting Recognition for FX Gains/Losses under J-GAAP
Mechanism of Accounting Recognition for FX Gains/Losses under J-GAAP ▶ I. Our policy for addressing FX (foreign exchange) risk ・ Since the majority of our purchases are denominated in US dollars (USD), we employ a "natural hedge" method for our corresponding sales denominated in USD, thereby convers
Slide 12: 2. FY2025 Summary of Consolidated Financial Forecasts
2. FY2025 Summary of Consolidated Financial Forecasts © 2025 MARUBUN CORPORATION
Slide 13: FY2025 Summary of Consolidated Financial Forecasts
FY2025 Summary of Consolidated Financial Forecasts FY2024 FY2025 ▶ Net sales are expected to decrease, YoY primarily in the Electronic Devices Composition Composition Changes Business, against the backdrop of （Millions of Yen） Results Forecasts Ratio Ratio inventory adjustments for industrial equipm
Slide 14: FY2025 Summary of Business Forecast by Business Segment
FY2025 Summary of Business Forecast by Business Segment ▍ Electronic Devices Business (Millions of Yen) FY2024 FY2025 YoY Changes ▶ Sales of semiconductors for △28,311 industrial equipment are Net sales 179,011 150,700 expected to decrease. (△15.8%) ▍ Electronic Systems Business (Millions of Yen) FY
Slide 15: FY2025 Electronic Devices Business Net Sales Forecast Breakdown by Product Category
FY2025 Electronic Devices Business Net Sales Forecast Breakdown by Product Category (Millions of Yen) Reasons for changes Electronic Components（△865） 151,011 – Same level as previous year 143,500 Custom IC（+10,970） 35,573 – Increase in consumer equipment 34,708 Special-Use IC（△2,669） 9,951 – Decreas
Slide 16: FY2025 Electronic Systems Business Net Sales Forecast Breakdown by Product Category
FY2025 Electronic Systems Business Net Sales Forecast Breakdown by Product Category (Millions of Yen) 59,500 Reasons for changes 57,336 Medical Equipment（+337） 23,600 – Same level as previous year 23,263 Laser Equipment（+924） – Increase in laser material processing systems 8,216 7,292 Industrial Equ
Slide 17: FY2025 Entrepreneur Business Net Sales Forecast Breakdown by Product Category
FY2025 Entrepreneur Business Net Sales Forecast Breakdown by Product Category （Millions of Yen） Reasons for changes 3,000 AI・Robotics（+310） 470 2,489 – Increase in general-purpose ultrasound diagnostic devices and AI-equipped robots 160 ICT Solution（+201） – Increase in communication-related products
Slide 18: 3. FY2025-2027 Medium-term Business Plan
3. FY2025-2027 Medium-term Business Plan © 2025 MARUBUN CORPORATION
Slide 19: Review of the Medium-Term Business Plan "Marubun Nextage 2024" - Quantitative Targets
Review of the Medium-Term Business Plan "Marubun Nextage 2024" - Quantitative Targets ▶ Achieved the financial targets of "consolidated ordinary income of 6.0 billion yen or more and ROE of 8.0% or higher." ▶ Sales growth in the Electronic Devices Business and improvement in the profit margins of th
Slide 20: Review of the Medium-Term Business Plan "Marubun Nextage 2024" - Qualitative Targets
Review of the Medium-Term Business Plan "Marubun Nextage 2024" - Qualitative Targets ▶ Focus on deepening the business portfolio by acquiring new sales rights and developing new products and applications. ▶ Strengthen the foundation, including human capital strategies and strategy/risk management, a
Slide 21: Medium-Term Business Plan "Marubun Nextage 2027" - Positioning
Medium-Term Business Plan "Marubun Nextage 2027" - Positioning ▶ The Marubun Group is implementing business structure reforms to sustainably enhance value. ▶ The new medium-term plan aims to expand sales rights and strengthen profitability, promoting Desired State growth strategies. -Vision- Be the
Slide 22: Medium-Term Business Plan "Marubun Nextage 2027" - Planned Values and Targets
Medium-Term Business Plan "Marubun Nextage 2027" - Planned Values and Targets ▶ The targets for the final year (FY2027) of the new medium-term business plan are "consolidated ordinary income of 8.0 billion yen or more and ROE of 9.0% or higher." ▶ To thoroughly implement profit-oriented management,
Slide 23: Medium-Term Business Plan "Marubun Nextage 2027" - Basic Policies
Medium-Term Business Plan "Marubun Nextage 2027" – Basic Policies ▶ After re-examining the basic policies of the previous medium-term plan from three perspectives, this medium-term plan will be advanced based on six policies. ▶ Aim to achieve growth in both businesses and human resources, and maximi
Slide 24: Towards Deepening "Responsible Business"
Towards Deepening "Responsible Business" ▶ Create not only economic value but social value by iterating our unique business model and value cycle. ▶ Aim to further enhance management resources and the management foundation, while contributing to solving environmental and social issues. Perspective o
Slide 25: Business Strategy of the Electronic Devices Business
Business Strategy of the Electronic Devices Business Electronic Devices Distribution business for semiconductors and electronic Business components <Foundation Strengthening Business> ▍Business Strategy ▍Business Model • Strong customer Select and concentrate on growth areas base Semiconductor •
Slide 26: Business Strategy of the Electronic Systems Business
Business Strategy of the Electronic Systems Business Electronic Systems Sales and maintenance service business for electronic Business equipment and systems <Growth Driving Business> ▍Business Strategy ▍Business Model Electronic • Strong customer Sales Develop new businesses/develop new products
Slide 27: Business Strategy of the Entrepreneur Business
Business Strategy of the Entrepreneur Business Entrepreneur Development, sale, and maintenance service business for Business advanced solutions <Value Creating Business> ▍Business Strategy ▍Business Model Sales Develop new businesses • Sales expansion Venture Telecommunic- Demonstrate the uniq
Slide 28: Towards Strengthening the Foundation
Towards Strengthening the Foundation ▶ Solidify the foundation to sustainably improve corporate value through the "Value Creation Model." ▶ Place particular emphasis on enhancing the human capital strategy. Perspective of the Foundational Strategy Three Key Strategic Themes Supporting the Foundation
Slide 29: 4. Shareholder Returns
4. Shareholder Returns © 2025 MARUBUN CORPORATION
Slide 30: Shareholder Returns Policy
Shareholder Returns Policy ▶ Continue to pay a stable dividend throughout the new medium-term plan period. ▶ In 2024, in celebration of our 180th anniversary, we will implement a special shareholder benefit program to express our gratitude for our shareholders’ ongoing support. Shareholder Returns D
Slide 31: Shareholder returns
Shareholder returns Dividend for FY3/25: Annual dividend of 66 yen planned, consisting of an interim dividend Dividend for of 25 yen and a year-end dividend of 41 yen. FY2024 Payout ratio: 40.4%, Dividend on equity (DOE): 3.5% （yen） Interim dividend Year-end dividend 80 66 52 50 60 41 30 30 27 25 16
Slide 32: Marubun
@ Marubun
Slide 33: 5. About Marubun
5. About Marubun © 2025 MARUBUN CORPORATION
Slide 34: Company Profile
Company Profile Profile Business Domains Electronic Devices Electronic Systems Entrepreneur Founded 1844 Business Business Business Semiconductors Space & Defense ICT Solution Incorporated July 1947 Electronic Electronics AI ＆ Robotics 8-1, Niihonbashi Odenmacho, Components Industrial Eq
Slide 35: Corporate History
Corporate History Japan Overseas 2022 Moved to the Prime Market due to a review of the Tokyo Stock Exchange's market classification 2014 2008 Established subsidiary in Indonesia and Mexico First electronics trading company to be certified as a 2013 authorized exporter Established subsidiary in Shenz
Slide 36: Group Company
Group Company Marubun Tsusho Marubun/Arrow Asia, LTD. MARUBUN/ARROW USA, LLC Co., Ltd. Electronic Systems Business Electronic Devices Business Electronic Devices Business Sales of medical equipment and test Sales of semiconductors and electronic Sales of semiconductors and electronic and measu
Slide 37: Japan Officers & Affiliates
Japan Officers & Affiliates Marubun Tsusho Co.,Ltd. (HQ: Kanazawa City） Kanazawa Nagano # of Marubun Offices：16 HQ Sales Office Toyama Nanao # of Logistics Center ： 3 Operations Logistics Center Fukui Tokyo # of Affiliates ： 3 Matsumoto Kofu Branch Affiliated Company （as of March 202
Slide 38: Global Network
Global Network Marubun/Arrow Electronics (Shenzhen) Company Limited（Shenzhen, China） Marubun USA Corporation Reno Office Marubun/Arrow (HK) Ltd.（Hong Kong, China） Marubun/Arrow USA,LLC （Head Office: Centennial） Itasca Office Plymouth Office Marubun/Arrow (Thailand) Co Ltd MARUBUN CORPORATION （Bangko
Slide 39: Philosophy & Principles
Philosophy & Principles Purpose Contribute to a brighter future through technologies. Be the unrivaled and most trusted electronics trading company with Vision unique and original values. Looking forward and staying ahead, address societal themes and Mission solve customers’ issues by leveraging the
Slide 40: The Marubun Group's Value Creation Model
The Marubun Group’s Value Creation Model © 2025 MARUBUN CORPORATION
Slide 41: Value cycle
Value cycle © 2025 MARUBUN CORPORATION
Slide 42: The Marubun Group's strengths and initiatives in the value cycle
The Marubun Group’s strengths and initiatives in the value cycle © 2025 MARUBUN CORPORATION
Slide 43: Main Products (by Supplier) - Electronic Devices
Main Products(by Supplier) -Electronic Devices- © 2025 MARUBUN CORPORATION
Slide 44: Main Products - Electronic Systems
Main Products -Electronic Systems- © 2025 MARUBUN CORPORATION
Slide 45: Main Products - Entrepreneur Business
Main Products -Entrepreneur Business- © 2025 MARUBUN CORPORATION
Slide 46: Quarterly Trend in Sales by Business
Quarterly Trend in Sales by Business （Millions of Yen） 63,314 507 60,414 330 58,883 940 55,785 56,975 1,100 597 12,837 53,370 591 10,700 50,788 389 11,285 47,794 567 19,401 20,117 9,781 15,127 Entrepreneur Business 13,026 Electronic Systems Business Electronic Devices Business 49,383 49,969 43,901 4
Slide 47: Quarterly Trend in Sales of Electronic Devices by Product
Quarterly Trend in Sales of Electronic Devices by Product （Millions of Yen） 49,383 49,969 8,585 43,901 9,018 40,618 3,033 37,652 38,541 8,182 35,757 Electronic Components 7,042 8,265 34,199 2,633 8,983 Custom IC 9,284 8,053 3,317 Special-Use IC 17,461 9,041 1,314 2,375 14,084 13,982 3,375 Micro-Proc
Slide 48: Quarterly Trend in Sales of Electronic Systems
Quarterly Trend in Sales of Electronic Systems （Millions of Yen） 20,117 19,401 15,127 9,253 8,055 12,837 13,026 Medical Equipment 11,285 Laser Equipment 10,700 6,793 Industrial Equipment 9,781 4,791 4,928 1,980 2,433 Space & Defense Electronics 4,558 4,395 3,486 1,379 1,849 2,102 1,232 908 6,009 1,6
Slide 49: Quarterly Trend in Sales of Entrepreneur Business
Quarterly Trend in Sales of Entrepreneur Business （Millions of Yen） 1,100 32 940 70 AI & Robotics 597 591 ICT Solution 567 507 49 38 1,067 34 12 389 869 330 18 20 548 534 554 495 371 309 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q FY2023 FY2024 © 2025 MARUBUN CORPORATION
Slide 50: Cautionary Statement
Cautionary Statement Information on future performance contained within this presentation material, such as the results forecasts, is based on the data available and assumptions judged to be reasonable as of when the Company prepared this presentation material. Contact MARUBUN CORPORATION Corporate