Sumco Corporation · TSE:3436
Sumco — Sumco Corp Ord — Q3 2025 Earnings Presentation
14 slides from Sumco's earnings presentation, Nov 12, 2025
Slide 1: Results for Third Quarter of FY2025
Results for Third Quarter of FY2025 (Ended September 30, 2025) November 11, 2025 SUMCO Corporation （Code：3436） （LEI：353800SUSRUOM0V6KU92） 3Q-2025 Results SUMCO CORPORATION Nov. 11, 2025 1 Notes Regarding the Forecasts This material is prepared for the purpose of continuous disclosure to general shar
Slide 2: Contents / Summary and Market Environment
Contents ■ Summary and Market Environment ■ 3Q-2025 Consolidated Business Result • Summary of Consolidated Business Result • Analysis of Changes in Operating Profit • Consolidated Balance Sheet and Consolidated Cash-Flow ■ 4Q-2025 Consolidated Business Forecast • Consolidated Business Forecast • Ana
Slide 3: 1-1. Summary
1-1. Summary ■ 3Q-2025 Consolidated Business Result (Billions of Yen) 3Q-2025 3Q-2025 Change Forecast Actual Net Sales 101.0 99.1 (1.9) Operating Profit (3.5) (1.6) +1.9 Ordinary Profit (6.0) (2.6) +3.4 Profit (Note) (5.5) (3.9) +1.6 EBITDA margin (%) 25.7% 27.6% +1.8% Exchange Rate (Yen/US$) 145.0
Slide 4: 2-1. 200 mm and 300 mm Wafer Trend
2-1. 200 mm Wafer Trend （Source： SUMCO’s estimation) 3Q-2025 Results SUMCO CORPORATION Nov. 11, 2025 7 2-2. 300 mm Wafer Trend （Source： SUMCO’s estimation) 3Q-2025 Results SUMCO CORPORATION Nov. 11, 2025 8
Slide 5: 2-3. Market Environment
2-3. Market Environment ■ 3Q-2025 Volume - After a large increase in 2Q, 300 mm wafer shipments were mostly flat in 3Q. - Shipments remained slow for 200 mm wafers. Pricing - Long-term contract prices were honored. ■ 4Q-2025 Forecast Volume - 300 mm wafer outlook remains favorable for leading-
Slide 6: 3-1. Semiconductor Market Forecasts and AI-Related Semiconductor Growth
3-1. Semiconductor Market Forecasts and AI-Related Semiconductor Growth (B$) 1,200 100% Semiconductor Market AI Semiconductor Market AI Ratio (Right Axis) 1,000 CAGR(24-28) ： 11% 28% 80% 800 60% 600 40% 400 20% 200 0 0% 2024 2025 2026 2027 2028 (Source: SUMCO estimates based on research companies' d
Slide 7: 3-3. Increase in AI PCs/Tablets and Wafer Demand
3-3. Increase in AI PCs/Tablets sand Wafer Demand Overall unit growth will remain flat, but AI PCs/tablets will expand at 35% annually. Wafer demand will maintain the same level despite the flattish unit growth and scaling effect. (Million Units) Unit growth forecast ( k wafers / month ) Wafer d
Slide 8: 3-5. Wafer Market Forecasts by Semiconductor Type
3-5. Wafer Market Forecasts by Semiconductor Type In the medium term, as AI expands, the market will be driven by leading-edge wafers for servers. Leading-edge logic will continue to grow, and memory is also expected to grow, driven by AI. ( k wafers / month ) 10,000 8,000 6,000 Servers PCs/Tabl
Slide 9: 3Q-2025 Consolidated Business Result
4-2. Customers’ 300 mm Wafer Inventory (Logic/Memory) （Source： SUMCO’s estimation) 3Q-2025 Results SUMCO CORPORATION Nov. 11, 2025 17 3Q-2025 Consolidated Business Result Shinichi Kubozoe Representative Director, Executive Vice President, Chief Financial Officer 3Q-2025 Results SUMCO CORPORATION Nov
Slide 10: 5-1. Summary of Consolidated Business Result
5-1. Summary of Consolidated Business Result (Billions of Yen) 3Q-2024 3Q-2025 Actual (9 months) Change (9 months) 1Q 2Q 3Q Total Net sales 296.6 102.4 102.9 99.1 304.4 +7.8 Operating profit 29.9 5.9 1.5 (1.6) 5.8 (24.1) Non-operating income and expenses (3.9) (1.1) (1.6) (1.0) (3.7) +0.2 Ordinary p
Slide 11: 5-3. Balance Sheet and Cash-Flow
5-3. Balance Sheet and Cash-Flow (Consolidated) 1. Consolidated Balance Sheet (Billions of Yen) 2. Consolidated Cash-Flow (Billions of Yen) End of End of 3Q-2025 Change Dec-2024 Sep-2025 (9months) Cash and deposits 95.6 76.0 (19.6) Profit before income taxes 2.1 Notes and accounts receivable 92.5 84
Slide 12: 6-1. 4Q-2025 Consolidated Business Forecast
6-1. 4Q-2025 Consolidated Business Forecast (Billions of Yen) FY2025 Forecast FY 2024 1Q 2Q 3Q 4Q Total Change Actual ACT ACT ACT FCST Net sales 396.6 102.4 102.9 99.1 100.0 404.4 +7.8 Operating profit 36.9 5.9 1.5 (1.6) (10.0) (4.2) (41.1) Non-operating income and expenses 0.5 (1.1) (1.6) (1.0) (3.
Slide 13: Reference Materials
Reference Materials 3Q-2025 Results SUMCO CORPORATION Nov. 11, 2025 25 ■ Depreciation and Capital Expenditure Capital expenditure has peaked in FY2023. Depreciation expenses are expected to reach a peak in FY2026. (Billions of Yen) Depreciation and Capex 300 Depreciation Capex 200 100 0 (11-mont
Slide 14: Quarterly Trend
■ Quarterly Trend FCST 3Q-2025 Results SUMCO CORPORATION Nov. 11, 2025 27 URL https://www.sumcosi.com/english/ 3Q-2025 Results SUMCO CORPORATION Nov. 11, 2025 28