Horiba, Ltd. · TSE:6856

Horiba — Q1 2023 Earnings Presentation

12 slides from Horiba's earnings presentation, Jun 2, 2023

  1. Slide 1: Financial Information

    Financial Information HORIBA, Ltd. June, 2023 © 2023 HORIBA, Ltd. All rights reserved. 1

  2. Slide 2: Contents

    Contents  2023 1Q (Jan.- Mar.) Results  2023 Forecast  Operating Profit Analysis  Exchange Rate Impact  CAPEX, Depreciation, R&D Expenses  Shareholder Return  Other Topics © 2023 HORIBA, Ltd. All rights reserved. 22

  3. Slide 3: 2023 1Q (Jan.-Mar.) Results

    2023 1Q (Jan.-Mar.) Results （Billions of yen） Increased in sales and profits mainly due to an increase in sales of the Semiconductor segment 2022 2023 vs 2022 1Q Results 1Q Results Changes % (Jan.-Mar.) (Jan.-Mar.) Sales 55.5 65.8 +10.3 +18.6% Operating profit 8.6 10.4 +1.8 +21.4% O.P.% 15.5% 15.9%

  4. Slide 4: 2023 1Q (Jan.-Mar.) Results by Segment

    2023 1Q (Jan.-Mar.) Results by Segment Sales Operating profit 2022 2023 vs 2022 2022 2023 vs 2022 （Billions of yen） 1Q Results 1Q Results 1Q Results 1Q Results Changes % Changes % (Jan.-Mar.) (Jan.-Mar.) (Jan.-Mar.) (Jan.-Mar.) Auto 13.6 15.9 +2.2 +16.6% 0.1 0.3 +0.1 +147.3% P&E 4.7 5.4 +0.6 +12.9%

  5. Slide 5: 2023 Forecasts

    2023 Forecasts （Billions of yen） Revised forecasts of sales and all profits downwardly after taking into account the recent order trend 2022 2023 Changes Previous Forecasts vs Previous Results Forecasts vs 2022 (as of May 12) Forecasts (as of Feb. 14) Sales 270.1 290.0 279.0 +8.8 - 11.0 Operating pr

  6. Slide 6: 2023 Forecasts by Segments

    2023 Forecasts by Segments （Billions of yen） Sales Operating profit 2022 2023 Changes 2022 2023 Changes Previous Previous Forecasts vs Previous Forecasts vs Previous Results Forecasts vs 2022 Results Forecasts vs 2022 (as of May 12) forecasts (as of May 12) forecasts (as of Feb. 14) (as of Feb. 14)

  7. Slide 7: Operating Profit Analysis (vs 2022 Jan. – Mar.)

    Operating Profit Analysis (vs 2022 Jan. – Mar.) （Billions of yen） 2022 2023 Jan. – Mar. Jan. – Mar. Exchange Exchange Increase Increase Increase Increase impact for impact for R&D Other 8.6 Sales COGS Gross Profit Expense Expense Expense 10.45 ＋6.45 -3.15 +2.01 -0.82 -0.44 -2.19 Increase Exchange In

  8. Slide 8: Exchange Rate Trend / Forecasts / Impacts

    Exchange Rate Trend / Forecasts / Impacts 2022 2023 Previous Actual Forecasts vs 2022 Annual Forecasts Annual (Annual) (as of 14 Feb.) 1Q USD 131.62 130 132.42 133 +1.38 EUR 138.14 140 142.16 144 +5.86 Exchange rate impact Exchange rate impact for 2023 Jan. – Mar. for 2023 Forecasts (vs 2022 Jan. –

  9. Slide 9: Capital Investment, Depreciation, R&D

    Capital Investment, Depreciation, R&D (Billions of Yen) 2022 2023 2023 Previous Forecasts vs Actual Actual Forecasts Previous (as of May 12) Jan. - Mar. (as of Feb. 14) Forecasts Capex 12.5 14.0 14.0 - 2.0 Depreciation and amortization 11.3 12.0 12.0 - 2.9 R&D expenses 18.5 22.0 22.0 - 4.7 to net sa

  10. Slide 10: Shareholder Return

    Shareholder Return  Dividend payment + Share buyback = 30% of Consolidated net profit to be targeted Basic Policy  Remaining earnings are retained internally for strategic investment (i.e. facilities, M&A) Dividends per share and Share buybacks  2021 Results: 150YEN [Interim 50yen / Year-end 100y

  11. Slide 11: Lineup of Water Quality Measurement Systems

    Strengthening Technical Capability and Lineup of Water Quality Measurement Systems Acquisition of Tethys Instruments SAS to accelerate the globalization of the water business  Provision of water quality  Possession of the measurement (Left) Kentaro Nishikata, President of Tethys Instruments SAS me

  12. Slide 12: © 2023 HORIBA, Ltd. All rights reserved.

    © 2023 HORIBA, Ltd. All rights reserved.

HORIBA — Q1 2023 Earnings Presentation on 6ix