Keyence Corporation · TSE:6861
Keyence — Q1 FY2024 Earnings Presentation
10 slides from Keyence's earnings presentation, Jul 26, 2024
Slide 1: First Quarter of FY2024 Financial Results Materials
First Quarter of FY2024 Financial Results Materials July 26, 2024 KEYENCE CORPORATION
Slide 2: Contents
Contents Financial Summary 1. Consolidated Financial Results 2. By Geographical Area 3. R&D expenditure and Others 4. Exchange Rate Note : This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and th
Slide 3: Consolidated Financial Results for FY2024 <1Q>
Consolidated Financial Results for FY2024 <1Q> (100 million yen) FY2023 FY2024 Y/Y 1Q 1Q Net sales 2,223 2,472 +11.2% Operating income 1,113 1,234 +10.9% Income before income taxes 1,208 1,314 +8.8% Net income attributable to owners of the parent 851 935 +9.9% Copyright© 2024 KEYENCE CORPORATION. Al
Slide 4: Consolidated Financial Results <Quarterly Results>
Consolidated Financial Results <Quarterly Results> (100 million yen) FY2023 FY2023 FY2023 FY2023 FY2024 Q/Q Y/Y 1Q 2Q 3Q 4Q 1Q Net sales 2,223 2,438 2,411 2,601 2,472 △5.0% +11.2% Gross profit 1,817 2,021 2,010 2,177 2,074 △4.7% +14.2% Gross margin 81.7% 82.9% 83.4% 83.7% 83.9% +0.2P +2.2P Selling,
Slide 5: FY2024 1Q by Geographical Area (Y/Y)
FY2024 1Q by Geographical Area (Y/Y) FY2023 1Ｑ FY2024 1Ｑ Actual Local Currency Base Actual Local Currency Base Japan +3.5% - +4.5% - Overseas +23.6% +15.9% +14.9% +2.6% Americas +17.5% +7.1% +20.5% +5.0% Asia +30.5% +26.9% +11.6% +2.4% Europe & Others +21.1% +11.8% +12.6% △0.4% Copyright© 2024 KEYEN
Slide 6: Sales Growth by Geographical Area <Local Currency Base>
Sales Growth by Geographical Area <Local Currency Base> FY2023 FY2023 FY2023 FY2023 FY2024 1Q 2Q 3Q 4Q 1Q Japan +3.5% △3.0％ △2.5％ △1.4％ +4.5％ Overseas +15.9% △8.4％ △1.1％ +3.5％ +2.6％ Americas +7.1% +7.5％ +2.8％ +6.3％ +5.0％ Asia +26.9% △26.2％ △8.2％ +1.9％ +2.4％ Europe & Others +11.8% +10.4％ +5.3％ +2.1％
Slide 7: FY2024 1Q by Geographical Area (% of Sales)
FY2024 1Q by Geographical Area (% of Sales) FY2023 FY2024 1Q 1Q Japan 35.0% 32.9％ Overseas 65.0% 67.1％ Americas 33.8% 35.4％ Asia 42.5% 41.3％ Europe & Others 23.7% 23.3％ *Composition ratio of Americas, Asia, Europe & Others is the composition ratio of overseas sales Copyright© 2024 KEYENCE CORPORATIO
Slide 8: R&D expenditure and Others
R&D expenditure and Others (100 million yen) FY2023 FY2023 FY2023 FY2023 FY2024 1Q 2Q 3Q 4Q 1Q R&D expenditure 59 60 64 68 71 Capital expenditures 26 33 35 31 31 Depreciation & amortization 28 32 36 41 37 Copyright© 2024 KEYENCE CORPORATION. All rights reserved 8
Slide 9: Exchange Rate
Exchange Rate FY2023 FY2024 Average exchange rate 1Ｑ 1Q USD / JPY 135 153 EUR / JPY 146 165 CNY / JPY 19.5 21.2 ＜Foreign exchange impact（FY2024-1Q）＞ ＜Exchange sensitivity＞ Sales ：approximately +177 (100 million yen) Impact on operating income（FY2024） Operating income ：approximately +116 (100 million
Slide 10: KEYENCE
KEYENCE