Slide 1: Financial Results July 2024 - December 2024
July 2024 - December 2024 February 12, 2025 Copyright© 2025, ULVAC, Inc. All rights reserved 1
Slide 2: Disclaimer regarding forward-looking statements etc.
Disclaimer regarding forward-looking statements etc. Forward-looking statements Forward-looking statements of the company in this presentation are based on information that was available at the time these documents were prepared. There are several factors that directly or indirectly impact the compa
Slide 3: Summary
Summary Net sales and profit items for H1 exceeded both the plan and the previous H1, resulting in increased Net sales and profit. Although orders received decreased YoY, an increase is expected in H2 compared to H1. The profit margin base is steadily rising, with the Gross profit for Q2 reaching ¥2
Slide 4: FY25/6 H1 Financial Highlights
FY25/6 H1 Financial Highlights FY2024/6 FY2025/6 H1 H1 (Unit: ¥1 billion) Q1 Q2 H1 Q3 Q4 Full Year Q1 Q2 YoY Plan Actual Orders Received 78.0 56.1 134.0 55.6 68.5 258.2 50.9 65.5 134.0 116.4 -17.6 -13% Net Sales 55.0 65.2 120.2 65.0 75.9 261.1 61.0 73.9 129.0 134.9 +14.7 +12% Gross Profit 15.3 20.1
Slide 5: Quarterly Trends
Quarterly Trends Orders Received (Unit: ¥1 billion) Net Sales (Unit: ¥1 billion) Semiconductors & Electronics Device Component Material Semiconductors & Electronics Device Component Material Production Equipment Production Equipment Display and energy-related production Industrial equipment Others D
Slide 6: Semiannual Trends
Semiannual Trends Orders Received (Unit: ¥1 billion) Net Sales (Unit: ¥1 billion) Semiconductors & Electronics Device Component Material Semiconductors & Electronics Device Component Material Production Equipment Production Equipment Display and energy-related production Industrial equipment Others
Slide 7: Profit Margin Trends
Profit Margin Trends Gross Profit Margin (Unit: ¥ 1 billion, %) Operating Profit Margin (Unit: ¥ 1 billion, %) S.G.&A. Expenses (Unit: ¥ 1 billion, %) Net Sales Gross Profit Gross Profit Margin Net Sales Operating Profit Operating Profit Margin SG&A Expenses R&D Expenses SG&A Expenses to Net sales r
Slide 8: Consolidated Balance Sheet
Consolidated Balance Sheet Assets (Unit: ¥1 billion) Liabilities and Net Assets (Unit: ¥1 billion) 388.9 388.9 ※Advance Payments 383.4 383.4 (Contract Liabilities): ¥21.3 billion 46.3 47.6 Cash on hand and in banks 96.3 94.0 Note and accounts payable,trade 46.8 46.8 Notes and accounts receivable,tra
Slide 9: FY25/6 Earnings Forecast
FY25/6 Earnings Forecast FY 24/6 FY 25/6 Full Year H1 H2 Full Year YoY (Unit: ¥1 billion) Actual Actual Forecast Forecast Amount % Previous※ • 270.0 +11.8 +5% Orders Received 258.2 116.4 143.6 Current • +1.8 +1% 260.0 • Net Sales 261.1 134.9 140.1 275.0 +13.9 +5% Operating Profit 29.8 15.3 19.2 34.5
Slide 10: Copyright© 2025, ULVAC, Inc. All rights reserved
Copyright© 2025, ULVAC, Inc. All rights reserved 10
Slide 11: Market environment and investment trends
Market environment and investment trends Category Market Environment and Investment Trends CY25 CY26 • DRAM: Investment is accelerating due to the expanding demand for generative AI. Semiconductor • NAND: Inventory adjustments are progressing, leading to a resumption of investment. Logic & Memory •
Slide 12: Semiconductor Market Environment
Semiconductor Market Environment Forecast for Semiconductor Manufacturing Equipment Investment Expansion of production capacity due to increased +22% demand for AI semiconductors (Unit: bn US$) 120 Technological innovation through the introduction of 100 cutting-edge technology and new device struct
Slide 13: Advanced Logic
Advanced Logic Expansion of business opportunities for advanced logic due to technological innovation (miniaturization) Changes in Logic Device Structure Expansion of MHM (Metal Hard Mask) application Beyond the • Expansion of 5nm and 3nm processes 3nm • Expansion of application in DUV exposure in a
Slide 14: Advanced Memory & Packaging
Advanced Memory & Packaging Advanced memory Growth through expansion of production capacity and technological innovation progress due to High Bandwidth Memory increased demand for AI semiconductors Advanced Memory - Expansion of investment in conventional DRAM (DDR5) due to increased demand for HBM
Slide 15: Significant growth in the SiC market with the recovery of the EV market
(Unit：10,000 units) Forecast for EV Market Significant growth in the SiC market with 157% 133% the recovery of the EV market 118% 117% 116% 117% 118% 118% 115% 6,978 Expansion of sales in Japan and China with the 4,199 2,637 3,100 3,647 increase in wafer size (6→8 inch) 1,933 2,246 1,397 1,650 1,054
Slide 16: Battery Related
Battery Related Merits of Double-sided Supply Chain Growth through the spread of aluminum double-sided evaporation film current collectors ULVAC, Inc. evaporation film technology aimed at improving safety ［Evaporation Roll to Roll Safety improvement equipment］ and achieving miniaturization and weigh
Slide 17: Topics: Launch of new deposition equipment model
Topics Launch of new deposition equipment model for semiconductors Designing on the features of the previous model, we have begun taking orders for the next-generation platform "ENTRON-EXX," which enhances data collection, analysis capabilities, and scalability. 20% reduction in power consumption in
Slide 18: Topics: Collaboration with Silicon Austria Labs
Topics Collaboration with Silicon Austria Labs GmbH (SAL) Development of plasma etching technology for mass production processes of thin-film lithium niobate (TFLN) TFLN is a next-generation optical device material with characteristics of wide bandwidth, low loss, and high efficiency, meeting the de
Slide 19: Here & There, Near your side
Here & There, Near your side AI Artificial Intelligence (AI) Wind Power SED Semiconductor AEED Wind power Electronic Device IED Power Devices SED Component High-performance Component AEED Material battery for electricity Material Hospital Smart home SED IoT Vaccine Telemedicine Smart home AEED Steri
Slide 20: Copyright© 2025, ULVAC, Inc. All rights reserved
Copyright© 2025, ULVAC, Inc. All rights reserved 20