Slide 1: ESPEC CORP. Results Briefing FY2024
Securities ID code: 6859 ESPEC CORP. Results Briefing FY2024 (Fiscal Year Ended March 31, 2025) May 26, 2025 Representative Director and President Satoshi Arata
Slide 2: FY2025 Plan
FY2025 Plan ESPEC CORP.
Slide 3: Key Points of FY2025 Plan
Key Points of FY2025 Plan • As the first year of the Medium-Term Management Plan PROGRESSIVE PLUS 2027, implement growth strategies • Execute growth investment (enhancing manufacturing efficiency and new product development) and shareholder returns • Orders received are expected to decline in invest
Slide 4: Recognition of the Operating Environment
FY2025 Recognition of the Operating Environment Although the global economic outlook is uncertain, investment in advanced technology development will continue. Japan: Investment related to EVs and batteries (mainly for production) is expected to decline, but investment in AI semiconductors and auton
Slide 5: Forecasts for FY2025
Forecasts for FY2025 (Millions of yen) FY2024 FY2025 Forecasts Full Year 1H 2H Full Year Year on Year Results Orders Received 67,514 33,500 32,500 66,000 -2.2% Net sales 67,288 31,000 37,000 68,000 +1.1% Gross Profit 23,987 11,500 13,900 25,400 +5.9% Profit Ratio 35.6% 37.1% 37.6% 37.4% +1.8 pt SG&A
Slide 6: Segment Financial Forecasts
Segment Financial Forecasts (Millions of yen) FY2024 FY2025 Forecasts Full Year Results 1H 2H Full Year Year on Year Orders Received 57,283 28,430 27,070 55,500 -3.1% Equipment Business Net sales 57,507 26,420 31,180 57,600 +0.2% Operating profit 6,610 2,910 4,430 7,340 +11.0% Orders Received 8,532
Slide 7: Assumed Exchange Rate
FY2025 Assumed Exchange Rate ■ Assumed Exchange Rate FY2023 FY2024 FY2025 Full Year Full Year Results 1H Results Full Year Results Assumption U.S. dollar (yen) 144.59 152.77 152.62 145 Euro (yen) 156.74 166.05 163.87 160 Yuan (yen) 20.13 21.16 21.11 20 FY2025 exchange rate sensitivity * Impact of ¥1
Slide 8: Investment Plans
FY2025 Investment Plans (Millions of yen) FY2024 FY2025 Forecasts Full Year 1H 2H Full Year Year on Year Results Capital Expenditures 3,690 920 1,670 2,590 -29.8% Depreciation 1,716 960 1,030 1,990 +15.9% R&D Expenses 1,343 1,010 820 1,830 +36.2% Main investments Main R&D activities • Enhancement of
Slide 9: Shareholder Return Policy and FY2025 Dividend Forecast
Shareholder Return Policy and FY2025 Dividend Forecast Shareholder Return Policy Set the consolidated dividend payout ratio at 40% or more, and flexibly carry out acquisition of treasury shares. During the period of the Medium-Term Management Plan PROGRESSIVE PLUS 2027 (FY2025–2027), the total retur
Slide 10: Main Initiatives in FY2025
Main Initiatives in FY2025 Equipment Business • Shortening product lead times by digesting order backlog and expanding in-house production • Development and expanded sales of high value-added products that meet testing needs in target markets Service Business After-sales service: Expansion of sales
Slide 11: FY2025 Main ESG Initiatives
FY2025 Main ESG Initiatives ■ E (Environment) • Promote the 8th Medium-Term Plan on the Environment (FY2022–2025) • Global warming countermeasure: Reduce CO2 emissions in business activities such as change to low-GWP refrigerant and manufacturing • Biodiversity conservation activities: Contribute th
Slide 12: Forward-looking statements and inquiries
These materials contain forward-looking statements, including the Company’s present plans and forecasts of performance, that reflect the Company’s plans and forecasts based on the information presently available. These forward-looking statements are not guarantees of future performance, and plans, f
Slide 13: Quality is more than a word
Quality is more than a word ESOEC ESPEC CORP.