Kyocera Corporation · TSE:6971
Kyocera — Q3 FY2024 Earnings Presentation
25 slides from Kyocera's earnings presentation, Feb 1, 2024
Slide 1: Financial Presentation for the Nine Months Ended December 31, 2023
Financial Presentation for the Nine Months Ended December 31, 2023 February 1, 2024 Hideo Tanimoto President and Representative Director © 2024 KYOCERA Corporation
Slide 2: Agenda and notes
1 Financial Results for 3Q of Fiscal 2024 2 Financial Forecasts for Fiscal 2024 3 Status of Discussion regarding Cross-shareholdings Notes: This is an English translation of the Japanese original. This translation is prepared for the reference and convenience solely for those who do not use Japanese
Slide 3: Financial Results for 3Q of Fiscal 2024
1 Financial Results for 3Q of Fiscal 2024 2 Financial Forecasts for Fiscal 2024 3 Status of Discussion regarding Cross-shareholdings 2 © 2024 KYOCERA Corporation
Slide 4: Financial Results for the Nine Months of Fiscal 2024 (1)
Financial Results for the Nine Months of Fiscal 2024 (1) (Unit: Yen in millions) Fiscal 2023 Fiscal 2024 Change Nine months Nine months Amount % Sales Revenue 1,526,497 1,492,672 -33,825 -2.2% Operating 113,884 79,844 -34,040 -29.9% Profit (7.5%) (5.3%) Profit Before 162,756 125,638 -37,118 -22.8% I
Slide 5: Financial Results for the Nine Months of Fiscal 2024 (2)
Financial Results for the Nine Months of Fiscal 2024 (2) (Unit: Yen in millions) Fiscal 2023 Fiscal 2024 Change Nine months Nine months Amount % Capital 127,137 105,242 -21,895 -17.2% Expenditures (8.3%) (7.1%) Depreciation Charge of 80,330 82,231 1,901 2.4% Property, Plant (5.3%) (5.5%) and Equipme
Slide 6: Sales Revenue by Reporting Segment
Sales Revenue by Reporting Segment for the Nine Months of Fiscal 2024 (Unit: Yen in millions) Sales Revenue by Fiscal 2023 Nine months Fiscal 2024 Nine months Change Reporting Segment Component Component Amount Ratio Amount Ratio Amount % Core Components Business 453,238 29.7% 432,152 29.0% -21,086
Slide 7: Business Profit (Loss) by Reporting Segment
Business Profit (Loss) by Reporting Segment for the Nine Months of Fiscal 2024 (Unit: Yen in millions) Business Profit by Fiscal 2023 Nine months Fiscal 2024 Nine months Change Reporting Segment % to Sales % to Sales Amount Revenue Amount Revenue Amount % Core Components Business 71,148 15.7% 45,466
Slide 8: Summary of Financial Results
Summary of Financial Results for the Nine Months of Fiscal 2024 Sales Revenue Profit Before Income Taxes (Unit: Yen in billions) (Unit: Yen in billions) 1,526.5 162.8 17.9 1,492.7 -21.0 -2.8 10.3 4.7 125.6 -27.9 -25.6 -26.6 ～Nine months Core Components Electronic Fiscal 2023 Business Components Solu
Slide 9: Core Components Business Financial Results
Core Components Financial Results by Reporting Segment for the Nine Months of Fiscal 2024 Business Sales Revenue Business Profit (Ratio) 600.0 (Unit: Yen in billions) (Unit: Yen in billions) 140.0 500.0 453.2 432.2 120.0 400.0 100.0 71.1 80.0 (15.7%) 300.0 45.5 60.0 (10.5%) 200.0 40.0 100.0 20.0 0.0
Slide 10: Electronic Components Business Financial Results
Electronic Components Financial Results by Reporting Segment for the Nine Months of Fiscal 2024 Business Sales Revenue 事業利益 Business Profit (Ratio) 600.0 (Unit: Yen in billions) (Unit: Yen in billions) 140.0 500.0 120.0 400.0 100.0 290.5 80.0 300.0 262.6 39.6 60.0 (13.6%) 200.0 13.0 40.0 100.0 (5.0%
Slide 11: Solutions Business Financial Results
Solutions Business Financial Results by Reporting Segment for the Nine Months of Fiscal 2024 Sales Revenue Business Profit (Ratio) ,100.0 (Unit: Yen in billions) (Unit: Yen in billions) ,000.0 140.0 900.0 792.6 810.5 120.0 800.0 700.0 100.0 600.0 80.0 46.8 500.0 36.5 400.0 60.0 (5.8%) (4.6%) 300.0 4
Slide 12: Financial Forecasts for Fiscal 2024
1 Financial Results for 3Q of Fiscal 2024 2 Financial Forecasts for Fiscal 2024 3 Status of Discussion regarding Cross-shareholdings 11 © 2024 KYOCERA Corporation
Slide 13: Financial Forecasts for Fiscal 2024 (1)
Financial Forecasts for Fiscal 2024 (1) (Unit: Yen in millions) Change in amount Fiscal 2024 (Forecast) compared with Fiscal 2023 Previous Revised Fiscal 2023 Previous Forecast (November 2023) (February 2024) Sales Revenue 2,025,332 2,050,000 2,000,000 -25,332 -50,000 Operating 128,517 120,000 95,00
Slide 14: Financial Forecasts for Fiscal 2024 (2)
Financial Forecasts for Fiscal 2024 (2) (Unit: Yen in millions) Change in amount Fiscal 2024 (Forecast) Fiscal 2023 compared with Previous Revised Fiscal 2023 Previous Forecast (November 2023) (February 2024) Capital 173,901 170,000 160,000 -13,901 -10,000 Expenditures (8.6%) (8.3%) (8.0%) Depreciat
Slide 15: Sales Revenue Forecasts by Reporting Segment for Fiscal 2024
Sales Revenue Forecasts by Reporting Segment for Fiscal 2024 (Unit: Yen in millions) Fiscal 2024 (Forecast) Change in amount Sales Revenue by Fiscal 2023 Previous (November 2023) Revised (February 2024) compared with Reporting Segment Component Component Component Amount Amount Amount Fiscal 2023 Pr
Slide 16: Business Profit (Loss) Forecasts by Reporting Segment
Business Profit (Loss) Forecasts by Reporting Segment for Fiscal 2024 (Unit: Yen in millions) Fiscal 2024 (Forecast) Change in amount Business Profit by Fiscal 2023 Previous (November 2023) Revised (February 2024) compared with Reporting Segment % to Sales % to Sales % to Sales Amount Amount Amount
Slide 17: Status of Discussion regarding Cross-shareholdings
1 Financial Results for 3Q of Fiscal 2024 2 Financial Forecasts for Fiscal 2024 3 Status of Discussion regarding Cross-shareholdings 16 © 2024 KYOCERA Corporation
Slide 18: Status of Discussion regarding Cross-shareholdings
Status of Discussion regarding Cross-shareholdings Key issue identified through dialogue with the stock market “Kyocera should effectively utilize cross-shareholdings for the Group’s further growth.” Continuously discuss specific measures as a key issue Investments for components Enhancement of Stra
Slide 19: Appendix: Quarterly Trends of Financial Results
Appendix: Quarterly Trends of Financial Results from 1Q of Fiscal 2023 to 3Q of Fiscal 2024 18 © 2024 KYOCERA Corporation
Slide 20: Quarterly Trends of Financial Results
Quarterly Trends of Financial Results Sales Revenue Operating Profit (Unit: Yen in billions) Profit Ratio (Unit: Yen in billions) 0.0 492.0 520.2 514.3 498.8 505.9 507.4 479.4 100.0 8.4% 6.7% 7.3% 0.0 5.4% 5.6% 5.1% 2.9% 50.0 41.4 35.1 37.4 0.0 25.7 28.3 25.8 14.6 0.0 0.0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 1Q 2Q
Slide 21: Quarterly Trends: Core Components Business
Core Components Business Quarterly Trends of Financial Results by Reporting Segment Sales Revenue Business Profit (Unit: Yen in billions) (Unit: Yen in billions) Business Profit Ratio 180.0 157.5 33 16.3% 16.0% 160.0 154.2 14.7% 148.3 149.8 13.2% 141.5 139.2 25.7 11.2% 140.0 134.1 28 10.3% 10.0% Ind
Slide 22: Quarterly Trends: Electronic Components Business
Electronic Components Business Quarterly Trends of Financial Results by Reporting Segment Sales Revenue Business Profit (Unit: Yen in billions) (Unit: Yen in billions) 30.0 Business Profit Ratio 120.0 25.0 16.8% 100.5 100.0 95.4 94.6 14.4% 88.0 90.2 87.8 84.6 20.0 9.6% 80.0 16.0 6.4% 5.1% 4.8% 15.0
Slide 23: Quarterly Trends: Solutions Business
Solutions Business Quarterly Trends of Financial Results by Reporting Segment Sales Revenue Business Profit (Unit: Yen in billions) (Unit: Yen in billions) 350.0 Business Profit Ratio 300.0 276.0 272.2 273.7 266.1 268.5 264.6 258.0 250.0 30 70.0 75.8 80.3 76.2 79.2 5.7% 5.9% 5.9% 5.5% 81.9 80.4 4.1%
Slide 24: Cautionary Statements with respect to Forward-Looking Statements
Cautionary Statements with respect to Forward-Looking Statements Certain of the statements made in this document are forward-looking statements, which are based on our current assumptions and beliefs in light of the information currently available to us. These forward-looking statements involve know
Slide 25: KYOCERA
KYOCERA KYOCERA Corporation © 2024 KYOCERA Corporation