Slide 1: Results of Operations for the Fiscal Year Ended March 31, 2025 (FY3/25)
Results of Operations for the Fiscal Year Ended March 31, 2025 (FY3/25) A Global Company for A Global Society May 14, 2025 JSP Corporation ©2024 JSP Corporation
Slide 2: Index
Index Section 01 FY3/25 Summary of Business Operations Section 02 FY3/26 Outlook Section 03 Global Strategy and ARPRO Expansion of Applications in the Non-Automotive Fields Section 04 FY3/25 Supplementary Financial Information 2 ©2024 JSP Corporation
Slide 3: Index
Index Section 01 FY3/25 Summary of Business Operations Section 02 FY3/26 Outlook Section 03 Global Strategy and ARPRO Expansion of Applications in the Non-Automotive Fields Section 04 FY3/25 Supplementary Financial Information 3 ©2024 JSP Corporation
Slide 4: Financial Highlights (1)
Financial Highlights (1) Net Sales Operating Profit Operating Margin (Million yen) 142,250 (Million yen) 135,051 7,563 131,714 6,888 114,125 5.6% 102,668 5,185 5.1% 4.8% 106 107 4,589 100 103 102 4.0% 93 78 82 78 (US$/bl) 2,956 2.2% 45 FY3/21 FY3/22 FY3/23 FY3/24 FY3/25 FY3/21 FY3/22 FY3/23 FY3/24 F
Slide 5: Financial Highlights (2)
Financial Highlights (2) Return on Equity (ROE) Shareholders’ Equity Ratio Dividend per Share (Yen) 80 6.8% 65 5.2% 65.6% 50 50 50 3.7% 63.9% 63.9% 63.5% 3.4% 62.8% 2.8% FY3/21 FY3/22 FY3/23 FY3/24 FY3/25 FY3/21 FY3/22 FY3/23 FY3/24 FY3/25 FY3/21 FY3/22 FY3/23 FY3/24 FY3/25 Profit attributable to ow
Slide 6: Summary of Business Operations
Summary of Business Operations FY3/24 FY3/25 FY3/25 YoY Forecast vs. Forecast (Million yen) Results (Announced Jan. 31) Results Comparison Net sales 135,051 142,000 142,250 5.3% 0.2% Operating profit 7,563 6,600 6,888 8.9% 4.4% Ordinary profit 8,127 7,400 7,311 10.0% 1.2% Profit attributable to 6,39
Slide 7: Components of Change in Operating Profit
Components of Change in Operating Profit Promoted product price revisions in response to Unit sales prices Unit variable expenses increase in variable costs. (Billion yen) Marginal profit from Higher fixed expenses 7.6 billion yen lower volume 3.2 Exchange rates 6.9 billion yen 0.6 4.2 1.5 0.4 Incre
Slide 8: Extrusion Business (FY3/25 Results)
Extrusion Business (FY3/25 Results) FY3/25 FY3/26 YoY (Million yen) Results Forecast Comparison ● Sales increased from one year earlier mainly due to product price revisions, although sales volume remained at the same level. Net sales 47,756 49,385 3.4% ● Operating profit decreased due to a decline
Slide 9: Bead Business (FY3/25 Results)
Bead Business (FY3/25 Results) FY3/25 FY3/26 YoY (Million yen) Results Forecast Comparison ● Sales increased from one year earlier mainly due to product price revisions, though sales volumes remained at the same level. Net sales 87,294 92,865 6.4% ● Operating profit decreased due to the impact of hi
Slide 10: Cash Flows, Capital Expenditures, Depreciation, R&D Expenses
Cash Flows, Capital Expenditures, Depreciation, R&D Expenses 8,896 【Cash Flows】 (Million yen) 14,653 8,611 822 11,927 3,833 Balance at beginning of Cash flows from Cash flows from Cash flows from Cash and cash Balance at end of FY3/25 operating activities investing activities financing activities eq
Slide 11: Index
Index Section 01 FY3/25 Summary of Business Operations Section 02 FY3/26 Outlook Section 03 Global Strategy and ARPRO Expansion of Applications in the Non-Automotive Fields Section 04 FY3/25 Supplementary Financial Information 11 ©2024 JSP Corporation
Slide 12: FY3/26 Forecast
FY3/26 Forecast Future Outlook （Million yen） FY3/25 FY3/26 YoY In the automotive-related sectors and others, the announcement of additional tariffs by the U.S. has led to widespread concerns about rising costs and the impact on the supply chain. Moreover, the effects of these policies have made Net
Slide 13: Components of Change in Operating Profit
Components of Change in Operating Profit Raw material prices are expected to decrease due to falling crude oil price (Billion yen) and yen appreciation despite the Mainly expected to upward trend in shipping costs. increase the sales For FY3/26, the exchange rate volume of ARPRO. sensitivity is esti
Slide 14: Extrusion Business
Extrusion Business FY3/25 FY3/26 YoY (Million yen) Results Forecast Comparison ● Net sales are expected to remain firm. ●Net sales and earnings are expected to increase, reflecting increased sales volume and the increasing proportion of Net sales 49,385 52,000 5.3% value-added products such as MIRAM
Slide 15: Bead Business
Bead Business FY3/25 FY3/26 YoY (Million yen) Results Forecast Comparison ●Net sales are expected to increase in the Bead Business, mainly due to an increase in sales volume of ARPRO. ●Operating profit is expected to be lower year on year due Net sales 92,865 94,000 1.2% to an increase in fixed cost
Slide 16: Impact of additional U.S. tariffs and our response
Impact of additional U.S. tariffs and our response Our business is primarily based on local production for local consumption, so we do not expect a significant direct impact of additional U.S. tariffs on our business. While we are aware of the potential impact that a global economic slowdown, indire
Slide 17: Index
Index Section 01 FY3/25 Summary of Business Operations Section 02 FY3/26 Outlook Section 03 Global Strategy and ARPRO Expansion of Applications in the Non-Automotive Fields Section 04 FY3/25 Supplementary Financial Information 17 ©2024 JSP Corporation
Slide 18: Global Strategy (Global Sales Scale)
Global Strategy (Global Sales Scale) The JSP Group develops and provides highly innovative products and services in 13 countries and regions around the world, based on its unique technologies that take advantage of the properties of foamed products, such as light weight, resource conservation, therm
Slide 19: Global Strategy (North and South America)
Global Strategy (North and South America) Core of business growth for ARPRO with large market share and growth potential. REGIONAL INFORMATION Butler Plant（PA） Jackson Plant（MI） Area NA: Capability to respond quickly to increased demand through the plants both in the U.S. and Mexico. Profile SA:
Slide 20: Global Strategy (Europe)
Global Strategy (Europe) Core of the development and sales of products that can reduce environmental impact, which form the basis of our sustainability management. REGIONAL INFORMATION High demand for products made from recycled content, such as those MAIN PLANTS supplied to automobile manufacture
Slide 21: Global Strategy (Asia excluding Japan)
Global Strategy (Asia excluding Japan) In the rapidly growing Asian region, we are expanding our manufacturing locations to respond quickly to increasing demand. MAIN PLANTS REGIONAL INFORMATION Demand is expanding due to increased production volume and higher safety Area requirements for automobi
Slide 22: Global Strategy (Japan)
Global Strategy (Japan) In Japan, we pursue growth through a diverse product lineup and serve as the driver of the Group’s growth by operating as the center of R&D and global strategy. REGIONAL INFORMATION MAIN PLANTS Supply of extruded products, including food packaging materials, industrial Area
Slide 23: ARPRO Global Strategy (Investment Plan)
ARPRO Global Strategy (Investment Plan) Expansion of overseas operations, a driver of growth of the JSP Group. Planning on 22 ARPRO manufacturing locations worldwide Expansion Pune Plant NEW! Ramos Arizpe Plant (Maharashtra, India) NEW! (Coahuila, Mexico) Tullahoma 2 plant Butler Plant (The U.S.) AR
Slide 24: Global Strategy (Progress of Medium-Term Business Plan)
Global Strategy (Progress of Medium-Term Business Plan) FY3/25 FY3/26 From FY3/27 onwards Promote sales expansion in non-automotive fields, such as North reusable containers and impact protection material in and NA showed favorable performance in the non- Performance is expected to remain on t
Slide 25: ARPRO Expansion of Applications in the Non-Automotive Field (1)
ARPRO Expansion of Applications in the Non-Automotive Field (1) In China, ARPRO is used for battery packaging material for BESS*1. ARPRO has been certified and is used as packaging material for BESS batteries by EVE Energy Co., Ltd. With the spread of renewable energy, the BESS market is growing rap
Slide 26: ARPRO Expansion of Applications in the Non-Automotive Field (2)
ARPRO Expansion of Applications in the Non-Automotive Field (2) In Taiwan, ARPRO is used as packaging material for AI server-related products. ARPRO is used as packaging material for AI server-related products. In addition to its light weight and excellent shock absorption properties, ARPRO is highl
Slide 27: Index
Index Section 01 FY3/25 Summary of Business Operations Section 02 FY3/26 Outlook Section 03 Global Strategy and ARPRO Expansion of Applications in the Non-Automotive Fields Section 04 FY3/25 Supplementary Financial Information 27 ©2024 JSP Corporation
Slide 28: Results of Operations
Results of Operations FY3/24 FY3/25 FY3/24 FY3/25 (Million yen) Net sales 135,051 142,250 Net income per share 221.83 yen 193.31 yen Operating Operating profit 7,563 6,888 profit 5.6% 4.8% to net sales Ordinary profit 8,127 7,311 Major yen exchange rates (Jan.- Dec.) Profit attributable to owners of
Slide 29: Non-operating Income/Expenses & Extraordinary Income/Loss
Non-operating Income/Expenses & Extraordinary Income/Loss (Million yen) Non-operating FY3/24 FY3/25 Extraordinary Income/Loss FY3/24 FY3/25 Income/Expenses Interest income 493 541 Gain on sales of non-current assets 30 65 Foreign exchange gains - 114 Insurance claim income 743 - Share of profit of e
Slide 30: Financial Position
Financial Position FY3/24 FY3/25 Change (Million yen) Total assets As of Dec. As of Dec. 151,605 153,936 +2,330 Major yen exchange rates 31, 2024 31, 2025 Net assets 100,069 105,855 +5,785 JPY/USD 141.8 158.1 Net interest-bearing JPY/EUR 157.0 164.9 debt 5,307 6,686 +1,378 JPY/RMB 20.0 21.7 Sharehol
Slide 31: Balance Sheet
Balance Sheet As of Mar. 31, 2024 As of Mar. 31, 2025 Change (Million yen) Current assets 78,155 78,694 +538 Assets Non-current assets 73,449 75,241 +1,791 Total assets 151,605 153,936 +2,330 Current liabilities 35,765 33,993 △1,772 Liabilities Non-current liabilities 15,770 14,087 △1,682 Total liab
Slide 32: Net Assets
Net Assets (Million yen) As of Mar. 31, 2024 As of Mar. 31, 2025 Change Capital stock 10,128 10,128 - Capital surplus 13,405 13,405 - Shareholders’ Retained earnings 69,523 72,492 +2,969 equity Treasury shares △7,369 △7,370 △1 Total 85,688 88,656 +2,968 Valuation difference on available-for-sale sec
Slide 33: Cautionary statement with respect to forward-looking statements
Cautionary statement with respect to forward-looking statements Forecasts of future performance in this report are based on assumptions judged to be valid and information currently available to JSP. Actual results may differ significantly from these forecasts for a number of factors. As a global sup