Tera Probe, Inc. · TSE:6627
Tera Probe — Q3 FY2025 Earnings Presentation
23 slides from Tera Probe's earnings presentation, November 2025
Slide 1: 3Q FY2025 Consolidated Financial Results
3Q FY2025 Consolidated Financial Results Tera Probe, Inc. Stock code: 6627 This presentation has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated presentation and the Japanese original, the original shall prevail. Copyrig
Slide 2: 3Q FY2025 Financial Information
3Q FY2025 Financial Information As a general rule, percent change is indicated as "-" in this document when it exceeds 1,000% or when one or both of the figures used for calculation are negative. Copyright©2025 Tera Probe, Inc. All Rights Reserved.
Slide 3: Consolidated Financial Summary (QoQ)
Consolidated Financial Summary (QoQ) ◼ Continued steady demand in server and AI-related products ◼ Expanded business in logic devices for EV（Electric Vehicle） (Unit : Billion Yen) FY2024 FY2025 QoQ 1Q 2Q 3Q 4Q 1Q 2Q 3Q Change % Net sales 8.95 9.93 9.23 9.00 9.25 9.77 10.80 1.03 11% Gross profit 2.34
Slide 4: Analysis of Consolidated Operating Income (QoQ)
Analysis of Consolidated Operating Income (QoQ) ◼ Increase in operating income as net sales growth offsets cost increases (Unit : Billion Yen) Net sales : Increase Continued strong demand in server and AI-related products Expanded business in logic devices for EV Depreciation : Increase Investment i
Slide 5: Difference between 3Q forecast and actual results
Difference between 3Q forecast and actual results ◼ Growth in demand for consumer server products (Unit : Billion Yen) 3Q FY2025 Forecast Result Change % Net sales 10.50 10.80 0.30 3% Operating income 2.10 2.24 0.14 7% % Margin 20.0% 20.7% 0.7pt ー Ordinary income 2.00 2.26 0.26 13% % Margin 19.0% 20
Slide 6: Consolidated Financial Summary (YoY)
Consolidated Financial Summary (YoY) ◼ Decrease in logic devices for Automotive due to continued inventory adjustments ◼ Steady growth in EV, server, and AI-related products (Unit : Billion Yen) FY2024 FY2025 YoY 9 months 9 months Change % Net sales 28.11 29.82 1.71 6% Gross profit 7.51 8.06 0.55 7%
Slide 7: Analysis of Consolidated Operating Income (YoY)
Analysis of Consolidated Operating Income (YoY) ◼ Increase in operating income of 0.48 billion yen as net sales growth offsets higher costs (Unit : Billion Yen) Net sales : Increase Decrease in automotive products and increase in EV, server, and AI-related products Utility : Increase Increase in ele
Slide 8: Quarterly Net Sales and Operating Income
Quarterly Net Sales and Operating Income ◼ Net sales surpassing 10 billion yen for the first time ◼ Operating income margin maintained in the 20% range (Unit : Billion Yen) Copyright© 2025 Tera Probe, Inc. All Rights Reserved. 8
Slide 9: Quarterly Net Sales by Products
Quarterly Net Sales by Products ◼ Expanded EV-related business driving automotive net sales growth ◼ Lower automotive sales ratio due to strong server and AI-related demand (Unit : Billion Yen) TPJ 55％ TPW 35％ Logic Memory TPJ: Tera Probe, Inc. TPW: TeraPower Technology Inc. Copyright© 2025 Tera Pro
Slide 10: Quarterly Net Sales by Application (Trends by quarter)
Quarterly Net Sales by Application (Trends by quarter) (Unit : Billion Yen) Copyright© 2025 Tera Probe, Inc. All Rights Reserved. 10
Slide 11: Capital Investments and Depreciation
Capital Investments and Depreciation ◼ Capital investments in Taiwan for advanced products and in Japan for new overseas customers ◼ Depreciation expense up due to investment in latest testers Capital Investments (Unit : Billion Yen) Depreciation (Unit : Billion Yen) Copyright© 2025 Tera Probe, Inc.
Slide 12: Consolidated Balance Sheet and Cash Flow
Consolidated Balance Sheet and Cash Flow ◼ Increase in property, plant and equipment and loans due to continued capital investments (Unit : Billion Yen) FY2024 FY2025 QoQ YoY vs.FY2024-end As of As of As of As of As of As of As of Change % Change % Change % Mar. 31 Jun. 30 Sep. 30 Dec. 31 Mar. 31 Ju
Slide 13: FY2025 Consolidated Earnings Forecast
FY2025 Consolidated Earnings Forecast Copyright©2025 Tera Probe, Inc. All Rights Reserved.
Slide 14: Consolidated Earnings Forecast
Consolidated Earnings Forecast ◼ Continued demand of EV logic devices ◼ Server and AI-related products expected to remain strong (Unit : Billion Yen) FY2024 FY2025 QoQ FY2025 YoY 1Q 2Q 3Q 4Q Full Year 1Q 2Q 3Q 4Q Change % Full Year Change % Net sales 8.95 9.93 9.23 9.00 37.11 9.25 9.77 10.80 11.35 0
Slide 15: Capital Investments and Depreciation Forecast
Capital Investments and Depreciation Forecast ◼ Will maintain investment in advanced products while keeping a close watch on future demand changes Capital Investments (Unit : Billion Yen) Depreciation (Unit : Billion Yen) Copyright© 2025 Tera Probe, Inc. All Rights Reserved. 15
Slide 16: Appendix
Appendix Copyright©2025 Tera Probe, Inc. All Rights Reserved.
Slide 17: Corporate Overview
Corporate Overview Name Tera Probe, Inc. Head office Shin-Yokohama, Kohoku-ku, Yokohama City, Kanagawa Locations Kyushu Operation Center (Kumamoto Japan) TeraPower Technology Inc. (Subsidiary/Taiwan) Representative President & Representative Executive Officer : Tsuyoshi Yokoyama Establishment August
Slide 18: History
History Aug. 2005 TPJ established by spinning off the test business of Elpida Memory. Oct. 2005 Opened Hiroshima Operation Center. Started testing business on Memory products. Sep. 2006 Opened Kyushu Operation Center. Started testing business on Logic products. Aug. 2008 Established TPW in Taiwan as
Slide 19: Our Business
Our Business Our business are both wafer testing and final testing Design Wafer Fabrication Front-end Process Semiconductor wafers are verified against designed functionality with Wafer Test an electrical signal to check whether good or bad die. Wafer test is performed under the conditions such as l
Slide 20: Quarterly Net Sales by Application (Trends from FY2021)
Quarterly Net Sales by Application (Trends from FY2021) (Unit : Billion Yen) Copyright© 2025 Tera Probe, Inc. All Rights Reserved. 20
Slide 21: Consolidated Net Sales Ratio by Customers' Region
Consolidated Net Sales Ratio by Customers’ Region Tera Probe TeraPower Copyright© 2025 Tera Probe, Inc. All Rights Reserved. 21
Slide 22: Consolidated Financial Summary (In millions of yen)
Consolidated Financial Summary (In millions of yen) (Unit : million yen) FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 Net sales 17,961 21,740 16,908 18,340 25,942 33,212 35,404 37,109 Gross profit 3,710 4,006 1,602 2,078 6,168 9,379 9,682 9,601 Operating income 1,878 1,671 -111 429 4,162
Slide 23: Disclaimer
Disclaimer This document has been prepared for the purpose of providing investors with an understanding of the current situation of Tera Probe, Inc. Some parts of this document contain information that is not subject to audit or review by the auditors. These materials were prepared based on economic