Sumco Corporation · TSE:3436
Sumco — Sumco Corp Ord — Q2 2025 Earnings Presentation
12 slides from Sumco's earnings presentation, Aug 7, 2024
Slide 1: Results for Second Quarter of FY2025 (Ended June 30, 2025)
Results for Second Quarter of FY2025 (Ended June 30, 2025) August 7, 2025 SUMCO Corporation （Code：3436） （LEI：353800SUSRUOM0V6KU92） 2Q-2025 Results SUMCO CORPORATION Aug. 7, 2025 1 Notes Regarding the Forecasts This material is prepared for the purpose of continuous disclosure to general shareholders
Slide 2: Contents; Summary and Market Environment
Contents ■ Summary and Market Environment ■ 2Q-2025 Consolidated Business Result • Summary of Consolidated Business Result • Analysis of Changes in Operating Profit • Consolidated Balance Sheet and Consolidated Cash-Flow ■ 3Q-2025 Consolidated Business Forecast • Consolidated Business Forecast • Ana
Slide 3: 1-1. Summary; 1-2. Shareholder Return
1-1. Summary ■ 2Q-2025 Consolidated Business Result (Billions of Yen) 2Q-2025 2Q-2025 Change Forecast Actual Net Sales 100.0 102.9 +2.9 Operating Profit 0.0 1.5 +1.5 Ordinary Profit (1.0) (0.1) +0.9 Profit (Note) (2.0) 0.0 +2.0 EBITDA margin (%) 26.9% 26.7% (0.2%) Exchange Rate (Yen/US$) 145.0 145.2
Slide 4: 2-1. 200 mm Wafer Trend; 2-2. 300 mm Wafer Trend
2-1. 200 mm Wafer Trend （Source： SUMCO’s estimation) 2Q-2025 Results SUMCO CORPORATION Aug. 7, 2025 7 2-2. 300 mm Wafer Trend （Source： SUMCO’s estimation) 2Q-2025 Results SUMCO CORPORATION Aug. 7, 2025 8
Slide 5: 2-3. Market Environment; 3-1. Customers' 300 mm Wafer Inventory Trend
2-3. Market Environment ■ 2Q-2025 Volume - Shipments of 300 mm wafers increased in 2Q, rebounding from year-end inventory adjustments at customers end in 1Q, but their wafer consumption trended flat overall. - Shipments remained slow for 200 mm wafers. Pricing - Long-term contract prices were ho
Slide 6: 3-2. Customers' 300 mm Wafer Inventory; 4-1. Increase in Servers and Leading-edge Logic
3-2. Customers’ 300 mm Wafer Inventory (Logic/Memory) （Source： SUMCO’s estimation) 2Q-2025 Results SUMCO CORPORATION Aug. 7, 2025 11 4-1. Increase in Servers and Leading-edge Logic with Growth of AI With the growing use of AI, demand continues to expand for data center servers. Leading-edge logi
Slide 7: 4-2. Relation Between Memory Demand and Scaling
4-2. Relation Between Memory Demand and Scaling (Integration) Wafer consumption is forecast to increase with the growth rate for memory bit demand, driven by AI, exceeding that for integration density by scaling. （Billion GB） DRAM YoY (%) （Billion GB） NAND YoY (%) 80 40% 2000 40% Memory Demand Mem
Slide 8: 5-1. Summary of Consolidated Business Result; 5-2. Analysis of Changes in Operating Profit
5-1. Summary of Consolidated Business Result (Billions of Yen) 2Q-2024 2Q-2025 Actual (6 months) Change (6 months) 1Q 2Q Total Net sales 198.2 102.4 102.9 205.3 +7.1 Operating profit 20.8 5.9 1.5 7.4 (13.4) Non-operating income and expenses (0.4) (1.1) (1.6) (2.7) (2.3) Ordinary profit 20.4 4.8 (0.1
Slide 9: 5-3. Balance Sheet and Cash-Flow (Consolidated)
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 2Q-2025 Change Dec-2024 Jun-2025 (6months) Cash and deposits 95.6 80.9 (14.7) Profit before income taxes 4.7 Notes and accounts receivable 92.5 86
Slide 10: 6-1. 3Q-2025 Consolidated Business Forecast; 6-2. Analysis of Changes in Operating Profit
6-1. 3Q-2025 Consolidated Business Forecast (Billions of Yen) 3Q-2024 3Q-2025 Actual 1Q ACT 2Q ACT 3Q FCST Total Change (9 months) (3 months) (3 months) (3 months) (9months) Net sales 296.6 102.4 102.9 101.0 306.3 +9.7 Operating profit 29.9 5.9 1.5 (3.5) 3.9 (26.0) Non-operating income and expenses
Slide 11: Reference Materials
Reference Materials 2Q-2025 Results SUMCO CORPORATION Aug. 7, 2025 21 ■ Quarterly Trend FCST 2Q-2025 Results SUMCO CORPORATION Aug. 7, 2025 22
Slide 12: URL https://www.sumcosi.com/english/
URL https://www.sumcosi.com/english/ 2Q-2025 Results SUMCO CORPORATION Aug. 7, 2025 23