Taiwan Sakura Corporation · TWSE:9911
Taiwan Sakura — Q1 2025 Earnings Presentation
34 slides from Taiwan Sakura's earnings presentation, 2025
Slide 1: Sakura Group
櫻花集團 SAKURA GROUP
Slide 2: Disclaimer
Disclaimer The information provided in this presentation, including the forward-looking views mentioned, is the predictive information obtained by the company based on internal and external sources and the overall economic development. These abovementioned descriptions also include risks and uncer
Slide 3: Contents
Contents 01 Company Profile 03 Operational Overview Outlook 02 Business strategy 04 3
Slide 4: Company Profile
fr Al Company Profile PART ONE WwW uilz
Slide 5: Company Profile
Company Profile Chairman Chang, Yung-Chieh Paid-in Capital NTD 2.21 billion Production Base Taiwan Employees：1,000 China Employees：1,500 Vietnam Employees：110 Invest in Founded Sakura China Sakura Shunde Sakura Water Vietnam Mekong 1978 1994 1998 2019 2022 Head Office 1992 Shimizu Plant 2008 2020 20
Slide 6: Production base
Production base Head Office Dish Dryer • 2 production bases 中國 • Jiangsu, Zhejiang, Shanghai, Sichuan and China Guangdong are the main sales core areas • Operations across 11 major regions Shenkang plant • More than 10,000 sales locations Range hood 、Punch/Sheet • 4 production bases metal/Painti
Slide 7: Investment Structure
Investment Structure Taiwan Sakura Capital：NTD 2,211mn 51% 43.19% 100% 100% 100% 100% Total holding Sakura Sakura 44.39% Sakura B.V.I. EIFFEL Puda Home Topax Singapore Capital: USD 17.15 mn Capital: NTD 55 mn Capital: NTD 296 mn Capital: NTD 250 mn Capital: NTD 120 mn Capital: USD 4 mn 54.99% 45% 10
Slide 8: Innovation Quality Service
Meet the needs of Business Concept local consumers Innovation DFSS/DFMEA High-pressure leak test Ignition switch test More than 200 R&D personnel in the group The number of patents exceeds 500 Quality Constant temperature and Withstand voltage test moisture duration test Industry-leading 180 testing
Slide 9: Business Deployment
Business Deployment (Multi-Brand, Multi-Category, Multi-Channel) Taiwan has over 3,500 sales locations, with SAKURA achieving a channel penetration rate of over 80%. Incorporating renowned brands from both domestic and international markets to meet diverse customer needs. Water Heater Import Kitch
Slide 10: Subsidiary Investment
Core Strategy Driving Business Growth through Clear Strategies and Forward-Looking Vision New Challenges in Sustaining Growth Brand Upgrade、New Businesses、New Markets、 Strengthening Core Competencies (NT$) AI KITCHEN EPS Cash dividend New Businesses New Regions 10 New Products Driving Growth through
Slide 11: Business strategy
02 PART TWO Business strategy 11
Slide 12: Vision and Mission
Vision and Mission SAKURA GROUP Creator of Better Home Living HOME in O.N.E ONE-STOP NUMEROUS EFFICIENT 12
Slide 13: Growth Strategy
Growth Strategy ➊ Enhancing Project Value through Brand Strength and Product Competitiveness ➋ One-Click Consumer Registration to Secure Replacement Market Opportunities Growth in ➌ One-Stop Supply & Service: Appliances + Replacement Market Cabinets + Full-Home Renovation Household Equipment New Pur
Slide 14: Data-Driven Innovation
Data-Driven Innovation 7 Million Users Data Accurately Capturing AI AI Kitchen Consumer Needs Rang Hood Developing Integrated Smart-Controlled Appliances Smart Providing Solutions for Diverse AI Dishwasher Cooking Needs and Hob Environmental Control AI-Enabled Product Suite Core Technology Smart
Slide 15: Design & Data Integration
Design & Data Integration Enhancing Product Value to Meet Developer Needs Across Various Housing Types 450K Design Cases Space Analysis Kitche n 300K Channel Data Precision Matching for Core Housing Types 15
Slide 16: Delivery & System Management
Delivery & System Management Total Solutions for Developers Pre-Sales Sales After-Sales Customized Planning Integrated Smart Kitchen Management Platform SAKURA iCare After- Planning Reception Construction Delivery Installation Completion Handover Sales Center Start Service Intelligent One-Stop Smart
Slide 17: Channel Transformation
Channel Transformation Consumer Purchasing Behavior Comprehensive SAKURA Sales Network Expand Store Network Sanitary Hypermarket materials Distributor Develop Brand store New Sales Locations Kitchenware Special dealer factory Advanced Store/Shop Property developer Optimization Channel Deployment Ch
Slide 18: Service Optimization
Service Optimization Service-Driven Brand Development & Continuous Innovation Smart Technology Enhancing Service Efficiency One-Stop Innovative Smart Platform Integrating permanent free services.
Slide 19: One-Stop Innovative Smart Platform
One-Click Registration One-Tap Service One-Scan Access Easy Issue Resolution Instant Warranty Activation Request Submission to Product Information at Your Fingertips One-Stop Innovative Smart Platform SAKURA Smart Technology QR Code — One-Click Activation for Intelligent Services, Keeping Consumers’
Slide 20: Operational Overview
03 PART THREE Operational Overview 20
Slide 21: Sales structure
Sales structure 2024 Total Revenue 2024Q1 Total Revenus 2025Q1 Total Revenus NT$ 9.6bn NT$2.42bn NT$2.76bn Home Home Home Import Import 0.04bn 0.03bn Import 0.3bn 0.07bn 0.07bn 0.29bn Export 3% 2% Export 3% 1% 3% 3% 3% 0.11bn 4% 0.08bn Export 0.52bn 5% Kitchen Solution Kitchen Solution Water Heater&
Slide 22: Sales structure
Sales structure Water Appliance Others 5% 1% Purifier 2024 Total Revenue 10% NT$ 9.6bn Dish Dryer 6% Water Home Product Heater Impoty 0.3bn 40% Gas Stove 0.29bn 3% 18% 3% Export Range Hood 0.52bn 5% 20% Brand store Property (retail) Developer Water Heater& Kitchenware 7% Distributor、 23% Kitchen Sol
Slide 23: Taiwan Market - Water Heater & Kitchen Appliance
Taiwan Market _ Water Heater & Kitchen Appliance Market Size Market Share of Sakura Group H R G Q (1000 總量 units) price hike S+T Total Sakura Topax effect energy-efficiency 49.8%49.7% energy-efficiency 48.2% subsidies 46.8%46.0% subsidies 45.4% 43.8%42.7%44.0% 1784 42.2%42.5%42.1% Household 1664 165
Slide 24: Kitchen and Bathroom Appliances
Kitchen and Bathroom Appliances Gas Water Heater Traditional Rang Hood General European S+T sales quantity Digital S+T sales quantity 60% 58% 57% 57% 57% 58% 58% 54% 52% 50% 55% 56% 84% 79% 87% 85% 83% 80% 78% 78% 77% 74% 73% 50% 23% 26% 27% 46% 48% 45% 44% 43% 43% 42% 16% 21% 20% 22% 22% 42% 43% 42
Slide 25: Kitchen Solution
Kitchen Solution Overall Market Steady growth in Increasing benefits of about 160,000~180,000 sets Sales of Land Developer the Brand Stores Overall market (1000 sets) The real estate market is Sales of Property developer (NT$ mn) Sales of brand stores (NT$ mn) booming. 2,085 Brand stores 218 1,795 1
Slide 26: Home Solutions
Home Solutions Strategic Partnerships with Developers Fully-Furnished Housing Trend Developer Customer Scalable Business One-Stop Services Database Experience and Supply Chain 40,000 Kitchen Sets as Business Foundation 2019 2020 2021 2022 2023 2024 26
Slide 27: Overseas markets
Overseas markets China • Technology Deployment with Rebuilt Product Planning System • Production Automation to Reduce Costs • Channel Structure Optimization OBM Vietnam • Aggressively Expanding Distribution Channels • Enhancing Brand Awareness and Preference ODM ODM/OBM • Stabilizing ODM Business Op
Slide 28: Financial Highlights
Financial Highlights Net Revenue Net Income EPS (NT$ million) (NT$ million) (NT$ dollars) 9,601 8,213 8,272 7,569 5.94 6,299 6,628 5,986 4.62 4.66 4.90 5,601 5,644 5,149 4.06 4.08 4,852 3.65 3.29 2.75 1.97 1.89 2,760 1.74 1,009 1,069 1,292 701 720 800 889 893 1,008 539 517 380 2014 2015 2016 2017 20
Slide 29: Outlook
04 PART FOUR Outlook 29
Slide 30: AI Platform-Driven Intelligent Enterprise
AI Platform-Driven Intelligent Enterprise 7 Million 450K Massive Users Design Data Data Cases Supply Chain SAKURA iCARE Home in O.N.E Smart Kitchen Integrated Full-Home Appliances Kitchen Renovation
Slide 31: Expanding Wuri Plant / Establish Wufeng Plant
Daya plant I Daya plant II Shenkang plant Dish Dryer Water heater、Gas stove Rang Hood Smart Factory 基地面積：約6600坪 Investment Plan 量產規模：約6萬套 Wufeng Plant schedule (Total building area：about 21,800 square meters) Production Line Consolidation to Maximize Synergies Wuri plant Phase 2-Expanding Wuri Plant
Slide 32: Taiwan Cherry Blossom ESG Strategy and Plan
Taiwan Cherry Blossom ESG Strategy and Plan Awareness Building Environmentally Friendly and Cultural Energy Conservation and Carbon Reduction Development E Innovative Investments Establishing Offering Strategic Value Systematic Training for S G Capabilities Promotion ESG Promotion System Centered on
Slide 33: Employee Stock Ownership Trust (ESOT)
Employee Stock Ownership Trust (ESOT) 員工持股會 Number of shares (NT$ million) Shareholding ratio 4.7% Capital Reduction 4.5% 20% 4.2% 3.9% 3.8% 3.7% 3.6% 3.5% 3.4% 3.4% 3.2% 2.9% 2.6% 2.30% 10.4 9.9 9.9 9.4 9.3 8.7 8.3 8.7 8.1 8.1 7.5 7.7 7.2 6.2 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2
Slide 34: Taiwan Sakura Corporation
9911 櫻花集團 TAIWAN SAKURA CORPORATION T +886-4-2566-6106 No.436, Sec. 4, Yatan Rd., Daya Dist., E archie07@sakura.com.tw Taichung City 428333, Taiwan (R.O.C.) F +886-4-3705-5156 W https://www.sakura.com.tw 34