Rorze Corporation · TSE:6323
Rorze — Q3 2023 Earnings Presentation
24 slides from Rorze's earnings presentation, Jan 12, 2024
Slide 1: FY2023 Third Quarter Financial Briefing
FY2023 Third Quarter (Ended November 30, 2023) Financial Briefing January 12, 2024 RORZE CORPORATION Code：6323 https://www.rorze.com/ir 5/8/2019
Slide 2: Impact of 2024 Noto Peninsula Earthquake
Impact of 2024 Noto Peninsula Earthquake We would like to extend our deepest condolences to the families who lost their loved ones in the 2024 Noto Peninsula Earthquake which occurred on January 1, 2024. Our thoughts and prayers are with those affected by the disaster, including the survivors and th
Slide 3: Disclaimer
Disclaimer ◆ Regarding forward-looking statements The business forecasts and other forward-looking statements contained in this document are based on judgments made in accordance with information currently available for our company and do not constitute a guarantee or promise of the accuracy or comp
Slide 4: Corporate profile
Corporate profile N a m e RORZE CORPORATION Global network 1588-2 Michinoue Kannabe-cho, Fukuyama-shi, Head Office Hiroshima China （Shanghai） Establishment March 30, 1985 Germany Korea (Dresden) （Yongin） Capital 982 million JPY Vietnam Japan （Haiphong・ （Fukuyama・ Bac Ninh） Yokohama・Kumamoto Tsukuba・
Slide 5: FY2023 Third Quarter Consolidated Business Result
FY2023 Third Quarter (March 1～ November 30, 2023） Consolidated Business Result 5
Slide 6: Summary of Q3 FY2023
Summary of Q3 FY2023 Profit attributable to Net sales Operating profit Ordinary profit owners of parent 65,162 million JPY 15,763 million JPY 21,326 million JPY 15,487 million JPY YoY YoY YoY YoY ▲8.7% ▲11.1% ▲20.0% ▲21.2% ■Q3 business results continue to recover following Q2 Semi sales have been re
Slide 7: Q3 FY2023 Consolidated business results
Q3 FY2023 Consolidated business results （Million JPY） FY’23 Q3 FY’22 Q3 YoY（%) Net sales 65,162 71,382 91.3 Semi 55,313 61,320 90.2 Analysis device 2,370 － － FPD 2,561 5,425 47.2 Life science 300 248 121.0 Motor/Controller 120 114 105.8 Service/Parts 4,495 4,273 105.2 Operating profit 15,763 17,739
Slide 8: Trend in net sales
Trend in net sales （Million JPY） ・Increase in sales by 46.5% from Q1 to Q2 Semi Q3 sales remain at the same level as Q2 ・Sales growth for SPEs in USA and China ・Delivers the flagship product Expert to Analysis device semiconductor manufacturers and wafer manufacturers both domestically and internati
Slide 9: Net sales by regions
Net sales by regions （Million JPY） Singapore Others USA China Taiwan Vietnam Europe Korea 3,793 5,759 6% USA 9% 19,527 Japan Q3 Q4 Q1 Q2 Q3 Q3 Q4 Q1 Q2 Q3 Q3 Q4 Q1 Q2 Q3 30% FY'22 FY'23 FY'22 FY'23 FY'22 FY'23 6,963 11% Taiwan Japan Korea Europe China 10,323 16,873 16% 26% （Million JPY） ・ Ranking un
Slide 10: Income statement
Income statement 20,000 40 37.5 （Million JPY，％） 18,000 35 Operating profit 16,000 26.6 28.3 14,000 24.0 30 ・Operating profit ratio improves QoQ 12,000 21.5 25 9,750 While SG＆A ratio increases by 2 points with increase 10,000 8,679 8,670 20 8,000 6,806 5,234 5,810 7,448 15 in R&D expenses, cost of sa
Slide 11: Trend in orders, net sales, and backlog (Semi)
Trend in orders, net sales, and backlog（Semi） Semi ・Orders remain at the same level as Q2 Backlog remains at a high level ・Orders increase by major SPEs in China ・Demand for capital investment from logic device manufactures leads orders Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 （Million JPY） FY'20 FY'21 F
Slide 12: Trend in orders, net sales, and backlog (Analysis device)
Trend in orders, net sales, and backlog（Analysis device） Analysis device ・IAS, joining RORZE in the beginning of current fiscal year, continues to receive and deliver orders for its flagship product, Expert ：fully automated vapor phase decomposition(VPD) ・Some customers take longer period in the ins
Slide 13: Trend in orders, net sales, and backlog (FPD)
Trend in orders, net sales, and backlog（FPD） FPD ・Delivers the transfer equipment in Korea and the automation line in Vietnam ・The bulk order of large substrate transfer system is to be delivered in the next fiscal year Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 （Million JPY） FY'20 FY'21 FY'21 FY'21 FY'21
Slide 14: Q3 FY2023 Balance sheet
Q3 FY2023 Balance sheet Assets Liabilities・Net Assets （Million JPY） 153,595 （Million JPY） 153,595 148,807 148,807 Note and accounts Cash&deposits 6,538 140,392 5,864 140,392 16,005 payable-trade 126,693 126,482 36,731 126,693 126,482 7,734 16,058 33,551 Notes&accounts 8,113 7,350 16,435 12,052 Short
Slide 15: FY2023 Business Forecast
FY2023 Business Forecast 15
Slide 16: Future outlook and forecast for FY2023
Future outlook and forecast for FY2023 ・ Capital investment in the semiconductor fab will YoY（%) FY’23 Achievement （Million JPY） FY’23 Q3 Full-year plan (%) continue to recover from the period of slow down, driven by the increasing investment demand in areas of Net sales 65,162 91.3 88,026 74.0 high
Slide 17: Topics
Topics 17
Slide 18: Completes construction of Korean subsidiary's new factory in Vietnam
Completes construction of Korean subsidiary’s new factory in Vietnam RORZE SYSTEMS VINA CO., LTD. Panoramic view of new factory Processing room Clean room （Bac Ninh Province, Vietnam） The relocation of manufacturing facilities has been completed; the full relocation is scheduled in mid-January 18
Slide 19: Reference
Reference 19
Slide 20: Semi
Semi Unit Equipment Atmospheric Aligner Load Port manufacturers(SPE) Robot Process equipment System Inspection equipment EFEM Vacuum Platform System End -user Device manufacturers Wafer manufacturers Wafer Sorter N2 Purge Wafer Stocker 20
Slide 21: Analysis device
Analysis device Gas Chemical solution Wafer Semiconductor industry SPEs End-user GED_Q ASASⅡ Device manufacturers Wafer manufacturers Expert GED MSAG CSI GED_SEMI Other industry Research institution Environmental measuring GPD ASDM LAGM/Expert LA Instrument manufacturer Chemical manufacturer 21
Slide 22: FPD
FPD Front-end： FPD manufacturers Glass for FPD manufacturers INDEX extra-large substrate In-line returnable transfer transfer system system Laser cutting equipment RORZE SYSTEMS （Subsidiary in Korea） Back-end： FPD manufacturers Display module equipment Cell type extra-large packing equipment 22
Slide 23: Life science
Life science Drug discovery, Regenerative Incubator CO₂ Incubator with medium exchange medicine SCALE48 function＆cell imaging function CellKeeper®Ⅱ48Plus Mobile robot (universities, pharmaceutical companies) Scheduling software Automatic medium TM Green Button Go ※ exchange system （※Product of Biose
Slide 24: Thank you
Thank you 24