Slide 1: Business Results For FY2025/6
ULVAC, Inc. Business Results For FY2025/6 Consolidated Financial Results and Earnings Forecast New Mid- to Long-Term Management Plan（Value Up Plan) Aug. 13, 2025 Disclaimer regarding forward-looking statements etc. ◼ Forward-looking statements Forward-looking statements of the company in this presen
Slide 2: Summary
Summary Consolidated Financial Results for the Fiscal Year Ending June 2025 ⚫ Net sales and all profit items mostly have come in line with the previous forecasts. Gross profit margin reached 31.8%, the highest level since the company’s listing. ⚫ From the perspective of stable dividends with a focus
Slide 3: Consolidated Financial Results for FY2025/6 / Earnings Forecast / Value Up Plan
Consolidated Financial Results for FY2025/6 Earnings Forecast for FY2026/6 New Mid-Long-Term Management Plan ～ Value Up Plan～ • Business Reforms • Growth Strategy • Production Reforms • Capital Allocation Copyright© 2025, ULVAC, Inc. All rights reserved 3
Slide 4: Consolidated Financial Results for FY2025/6
Consolidated Financial Results for FY2025/6 » Net sales and all profit items mostly have come in line with the previous forecasts. The gross profit margin of 31.8% is the highest level since the company’s listing. » The dividend of ¥164 for FY2025/6 is a record high. YoY FY25/6 Vs.Forecast FY24/6 FY
Slide 5: Order and Net Sales Performance
Order and Net Sales Performance » Orders decreased YoY due to a slowdown in investments in power devices, battery business, etc. » Net Sales achieved the second-highest level since the company’s listing, supported by a high backlog of orders. Orders Received (Unit: ¥1 billion) Net Sales (Unit: ¥1 bi
Slide 6: Profit Margin Trends
Profit Margin Trends » Gross Profit Margin reached 31.8%, the highest level since listing, due to improved product mix and contributions from high-margin projects. » Operating Profit Margin declined YoY due to a decrease in net sales and increased expenses such as research and development expenses.
Slide 7: Consolidated Balance Sheet
Consolidated Balance Sheet Assets (Unit: ¥1 billion) Liabilities and Net Assets (Unit: ¥1 billion) 388.9 388.9 ※Contract Liabilities: 375.1 375.1 ¥23.0 billion 46.3 38.9 Cash on hand and in banks 96.3 Note and accounts 99.0 46.8 payable,trade 42.1 Notes and accounts receivable,trade Interest-bearing
Slide 8: Earnings Forecast for FY2026/6
Consolidated Financial Results for FY2025/6 Earnings Forecast for FY2026/6 New Mid-Long-Term Management Plan ～ Value Up Plan～ • Business Reforms • Growth Strategy • Production Reforms • Capital Allocation Copyright© 2025, ULVAC, Inc. All rights reserved 8
Slide 9: Forecast for FY2026/6
Forecast for FY2026/6 » Orders received are recovering due to continued investments in semiconductor-related business and a rebound in investments in power devices. » Net sales are expected to remain at a high level supported by order recovery and shortened manufacturing lead time. All profit margin
Slide 10: Orders and Net Sales Plan (FY2026/6)
Orders and Net Sales Plan (FY2026/6) » Orders received are recovering due to continued investments in Semiconductors and Electronics and investment recovery in Power Devices. » Net sales are expected to remain at a high level supported by order recovery and shortened manufacturing lead time. Orders
Slide 11: Profit Margin Plan (FY26/6)
Profit Margin Plan (FY26/6) » Gross profit margin is expected to improve steadily due to an improved mix effect associated with increased sales in Semiconductors and Electronics. » Operating profit margin is expected to improve due to the gross profit margin improvement. Gross profit margin (Unit: ¥
Slide 12: Market Environment and Investment Trends
Market Environment and Investment Trends Item Market Environment/ Investment Trends CY25-CY26 • DRAM: Continued investments related to HBM and contributions from new customer Semiconductors investments Logic and Memory • NAND: Expected expansion driven by storage demand and generative AI-related dem
Slide 13: New Mid-Long-Term Management Plan
Consolidated Financial Results for FY2025/6 Earnings Forecast for FY2026/6 New Mid-Long-Term Management Plan ～ Value Up Plan～ • Business Reforms • Growth Strategy • Production Reforms • Capital Allocation Copyright© 2025, ULVAC, Inc. All rights reserved 13
Slide 14: Basic Policy and Vision: New Mid-to-Long-Term Management Plan
Basic Policy and Vision: New Mid-to-Long-Term Management Plan ~Value-Up Plan~ Selection and concentration of a business portfolio centered on semiconductors and electronics Mid-to-Long-Term Financial Targets Growth Strategy for FY31/6 A c c e l e r a t e f o c u s o n S e mi c o n d u c t o r s a
Slide 15: Mid- to Long-Term Financial Targets KGI
Mid- to Long-Term Financial Targets KGI FY25/6 FY28/6 FY31/6 Actual Milestone Target Net Sales ¥360 billion （CAGR） ¥251.2 billion ¥260 billion （CAGR 12％）* （After Considering Downsizing and Withdrawal Due to Business Restructuring） Semiconductors and Electronics related business** （CAGR 17％） Semicond
Slide 16: Path to Achieving Targets
Path to Achieving Targets » Aim to achieve steady improvement in operating profit margin by driving growth in the Semiconductors and Electronics business and related areas that exceeds the sales decline caused by business restructuring by FY28/6. Sales Increase and Decrease Factors Profit Margin Imp
Slide 17: Factors Contributing to Sales growth through FY28/6
Factors Contributing to Sales growth through FY28/6 » We aim for growth in the Semiconductors and Electronics exceeding the decline in sales resulting from business reforms through market expansion accompanying technological innovation based on existing busineesses and release of new products linked
Slide 18: Business Reforms
Consolidated Financial Results for FY2025/6 Earnings Forecast for FY2026/6 New Mid-Long-Term Management Plan ～ Value Up Plan～ • Business Reforms • Growth Strategy • Production Reforms • Capital Allocation Copyright© 2025, ULVAC, Inc. All rights reserved 18
Slide 19: Business Reform Policy
Business Reform Policy Implementing the optimization of management resources ⚫ Scale down and withdrawal from low-profit businesses ⚫ Restructure and streamline of group companies and production sites ⚫ Reduce fixed costs through optimizing personnel and SG&A expenses Completing the reforms to optim
Slide 20: Roadmap for Achieving Targets (Factors Affecting Operating Profit Margin)
Roadmap for Achieving Targets (Factors Affecting Operating Profit Margin) » Implement business reforms through the following three key measures to select and concentrate our business portfolio, mainly in Semiconductors and Electronics, and improve our profit margin base. Increased revenue/ Revenue g
Slide 21: Business Reform Roadmap
Business Reform Roadmap FY26/6 FY27/6 Expected Decrease in Number of Target business and locations Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Employee Materials Business (Display-related) Pump Motors Business (China) Business divestiture, CS office Approx. downsizing, (Southeast Asia) 900 etc. Parts Processing Busines
Slide 22: Impact of business reforms
Impact of business reforms » We expect to improve operating profit by ¥12 billion (vs. FY25/6) in FY28/6 through optimization of management resources. Operating profit improvement Reduction in personnel Decrease in consolidated subsidiaries Goals and Effects 1,200 8 companies ¥12 billion (6,200 → 5,
Slide 23: Production Reforms
Consolidated Financial Results for FY2025/6 Earnings Forecast for FY2026/6 New Mid-Long-Term Management Plan ～ Value Up Plan～ • Business Reforms • Growth Strategy • Production Reforms • Capital Allocation Copyright© 2025, ULVAC, Inc. All rights reserved 23
Slide 24: Production Reform Policy
Production Reform Policy Strengthening the promotion of modular design (MD) ⚫ Realizing volume procurement and component standardization though MD conversion ⇒ Reduction of variable costs ⚫ Improving design and manufacturing efficiency and reducing lead time through MD conversion, and improving prod
Slide 25: Production Reform: Overview of Modular Design
Production Reform: Overview of Modular Design » In contrast to the conventional method of starting the manufacturing process after order receiving, the promotion of modular design enables advance preparation and planned production. By establishing an efficient production system, it is possible to re
Slide 26: Profitability improvement effects of production reforms
Profitability improvement effects of production reforms (semiconductor, electronics, and VMS equipment businesses) » By increasing the proportion of modular design equipment centered on semiconductors and electronics, we will swiftly respond to customer needs and achieve profitability improvement th
Slide 27: Growth Strategy
Consolidated Financial Results for FY2025/6 Earnings Forecast for FY2026/6 New Mid-Long-Term Management Plan ～ Value Up Plan～ • Business Reforms • Growth Strategy • Production Reforms • Capital Allocation Copyright© 2025, ULVAC, Inc. All rights reserved 27
Slide 28: Growth strategy guidelines
Growth strategy guidelines Further growth centered on semiconductors and electronics ⚫ Downsizing and withdrawal from low-profit businesses ⚫ Create of new semiconductor and electronics-related businesses by ⚫ Restructuring leveraging and streamlining synergies of group companies and production amon
Slide 29: Growth Strategy: Semiconductor market growth to $1 trillion
Growth Strategy » The semiconductors and electronics market is expected to grow to $1 trillion by 2030. Growth of the semiconductors and electronics Market USD Million Towards $1 trillion 1,000,000 Doubling over approx. 10 years Data center, AI EV, DX, GX, 6G 800,000 Doubling over ＜ Our Contribution
Slide 30: Growth Strategy: Business Portfolio Strategy Image
Growth Strategy : Business Portfolio Strategy Image Bubble Size: Represents net sales / Arrow Direction: Indicates future position / Future Bubble: Reflects the state as of FY31/6 Business synergies Semiconductors and High Vacuum related business electronics business Semiconductors Profitability Gro
Slide 31: Transition of Semiconductor & Electronics Sales Composition Ratio
Transition of Semiconductor & Electronics Sales Composition Ratio » Based on the lean structure achieved through the Value-Up Plan, we will accelerate our focus on semiconductors and electronics and create new semiconductor & electronics-related businesses by leveraging synergies across business seg
Slide 32: Growth Strategy: Semiconductor Growth Scenario
Growth Strategy : Semiconductor Growth Scenario » Based on proven hard mask technology and metal film deposition technology, we will increase the number of POR*s for important customers and expand our market share by acquiring new processes, aiming for orders of ¥100 billion or more in FY31/6. Growt
Slide 33: Semiconductor Market Size & Our Position
Semiconductor Market Size & Our Position » To achieve growth exceeding the growth rate of the semiconductor sputtering market, we are pioneering new processes in the logic field using hard mask technology and accelerating joint development with South Korea's top manufacturer in the memory field to e
Slide 34: Semiconductor & Logic Growth Roadmap
Semiconductor & Logic Growth Roadmap Technology Trends Our Strengths Mid- to Long-Term Our control Strengths Goals Progress in miniaturization Stress Hard Mask PVD+ Introduction of new materials Low-particle film deposition Securing market share through the capture of the Low-temperature film deposi
Slide 35: Semiconductor and Memory Growth Roadmap
Semiconductor and Memory Growth Roadmap Technology Trends Our strengths Mid- to Long-Term Our strengths Goals Progress in miniaturization Low-particle film deposition Maximizing market share Acceleration of 3D structures Stress control in memory processes Introduction of new materials High-density f
Slide 36: Growth Strategy: Growth Scenario for Electronic Devices
Growth Strategy: Growth Scenario for Electronic Devices » We aim to expand to a business scale of over ¥100 billion and further growth mainly through the revitalization of the packaging business and the recovery of power device investments. Growth Strategy Power Packaging Others CS(Electronics) ① Ex
Slide 37: Electronic Device Market Size & Our Position
Electronic Device Market Size & Our Position » With the expansion of the AI server market, the package market will continue to grow. We expand our share mainly in the advanced package and ashing fields. » The power device market is expanding due to the advancement of electrification and energy effic
Slide 38: Electronic Devices and Packaging Growth Roadmap
Electronic Devices and Packaging Growth Roadmap Technical trends Our strengths Mid- to Long-Term Our Strengths Goals Progress in miniaturization Low-damage plasma technology Become the only unique Glass Substrate Film player in the packaging Introduction of new structures Deposition/Processing Techn
Slide 39: Electronic Devices and Power Devices Growth Roadmap
Electronic Devices and Power Devices Growth Roadmap Technical trends Our strengths Mid- to Long-Term High reliabilityOur Strengths based on extensive Goals Introduction of new materials Providing optimal solutions experience for innovative power device Compound film deposition and technologies Intro
Slide 40: Growth Strategy: Analytical Inspection Equipment - Moving from Lab to Fab
Growth Strategy: Analytical Inspection Equipment - The Challenge of Moving from Lab to Fab » Leveraging experience and achievements in the existing Lab-type model (market share No. 1), we aim to establish a global position in the inspection equipment market by fully introducing "XPS" into the Fab-ty
Slide 41: Growth Strategy: Expansion of Component Business
Growth Strategy: Expansion of Component Business » We aim for further growth through refining our strength in offering a comprehensive product lineup that is suitable for a wide range of markets and applications, from general industries to semiconductors, electronic devices, and the medical field, a
Slide 42: Growth Strategy: Innovation in Vacuum-Related Businesses
Growth Strategy: Innovation in Vacuum-Related Businesses » Maximizing the potential of vacuum technology to create new value and drive growth Heat Treatment Furnaces General industrial Roll to Roll Display and Energy-Related Manufacturing equipment Equipment Enhancing the competitiveness of legacy e
Slide 43: Capital Allocation
Consolidated Financial Results for FY2025/6 Earnings Forecast for FY2026/6 New Mid-Long-Term Management Plan ～ Value Up Plan～ • Business Reforms • Growth Strategy • Production Reforms • Capital Allocation Copyright© 2025, ULVAC, Inc. All rights reserved 43
Slide 44: Capital allocation
Capital allocation » Focusing on semiconductors and electronics, we will strengthen research and development investments and implement M&A activities for growth. » As shareholder returns are positioned as one of the most important strategies, we aim to enhance shareholder returns in the future in ad
Slide 45: Research and Development Investment: Strengthening R&D in Semiconductor Electronics
Research and Development Investment: Strengthening Research and Development in Semiconductor Electronics » Strengthening research and development focused on semiconductors and electronics ⇒ Continuing research and development investment for further growth ◼ Research and Development Investment Trends
Slide 46: Shareholder Return Policy
Shareholder Return Policy » We will continue to aim for a dividend payout ratio of 35% or higher, and from the perspective of stable dividends prioritizing shareholder returns, we plan to pay a dividend of 164 yen per share for FY26/6, the same amount as for FY25/6. » In addition to long-term divide
Slide 47: Topics
Topics Organizational Change: New Growth & Fuji Susono Plant's electricity usage: Development Division Established 100% renewable energy achieved Supporting the implementation of the Value-Up Plan and global strategy formulation, and By July 2025, the Fujisusono Plant, a major production site for se
Slide 48: Appendix
Appendix Copyright© 2025, ULVAC, Inc. All rights reserved 48
Slide 49: Business results (Quarterly Trends)
Business results (Quarterly Trends) FY2024/6 FY2025/6 (Unit: ¥1 billion) Q1 Q2 Q3 Q4 Full Year Q1 Q2 Q3 Q4 Full Year Orders Received 78.0 56.1 55.6 68.5 258.2 50.9 65.5 47.5 61.7 225.6 Net Sales 55.0 65.2 65.0 75.9 261.1 61.0 73.9 52.9 63.5 251.2 Gross Profit 15.3 20.1 22.0 23.3 80.7 19.1 23.8 17.6
Slide 50: Sales results (Quarterly Trends)
Sales results (Quarterly Trends) Orders Received (Unit: ¥1 billion) Net Sales (Unit: ¥1 billion) Semiconductors & Electronics Device Component Material Semiconductors & Electronics Device Component Material Production Equipment Production Equipment Display and energy-related production Industrial eq
Slide 51: Profit margins (Quarterly Trends)
Profit margins (Quarterly Trends) Gross profit margin (Unit: ¥ 1 billion, %) Operating profit margin (Unit: ¥ 1 billion, %) S.G.&A. Expenses(%) (Unit: ¥ 1 billion, %) Net Sales Gross Profit Margin Gross Profit Margin Net Sales Operating Profit Operating Profit Margin SG&A Expenses R&D Expenses SG&A
Slide 52: Net Sales by Region (Actual)
Net Sales by Region (Actual) Net sales (Unit: ￥1 billion) Net sales ratio Japan China Korea Taiwan Other Asia Europe,others Japan China Korea Taiwan Other Asia Europe,others 261.1 251.2 241.3 24.2 4% 4% 5% 2% 2% 9% 8% 9.5 227.5 21.2 3% 4.7 10.3 4% 2% 5.8 10% 12% 12.0 10% 29.2 7.0 21.8 8% 11% 28.1 22
Slide 53: Capital Investment and R&D Expenses (Actual and FY26/6 Plan)
Capital Investment and R&D Expenses (Actual and FY26/6 Plan) Capital Expenditures (Unit: ￥1 billion) R&D Expenses (Unit: ￥1 billion) Depreciation R&D facilities Buildings and production facilities, etc. 21.5 19.7 17.5 15.7 13.8 14.0 14.0 11.9 16.5 13.3 11.0 11.3 10.0 8.8 10.3 8.4 6.6 6.9 11.7 10.8 8
Slide 54: Breakdown by Application and Operating Profit Margin Ranking
Breakdown by Application and Operating Profit Margin Ranking Breakdown by Application for Orders received and Net sales Orders received FY25/6 Actual FY26/6 plan Net sales FY25/6 Actual FY26/6 plan Semiconductors and Semiconductors and ¥70.4 billion ¥91.0 billion ¥89.3 billion ¥100.5 billion Electro
Slide 55: Disclosure Document
Disclosure Document Materials Business (Display-related) Pump Motors Business (China) Copyright© 2025, ULVAC, Inc. All rights reserved 55
Slide 56: Semiconductor Glossary
Semiconductor Glossary PVD（Physical Vapor Deposition） POR（Process of Record） A thin-film deposition technology, primarily sputtering for ULVAC. A certified process used in mass production. MHM（Metal Hard Mask） HM（Hard Mask） A mask film used in etching processes for wiring A mask layer formed
Slide 57: Copyright© 2025, ULVAC, Inc. All rights reserved
Copyright© 2025, ULVAC, Inc. All rights reserved 57