Toyobo Co., Ltd. · TSE:3101

Toyobo — Q3 FY3/25 Earnings Presentation

21 slides from Toyobo's earnings presentation, Feb 12, 2025

  1. Slide 1: Presentation to Investors for the Third Quarter Ended December 31, 2024

    February 12, 2025 Presentation to Investors for the Third Quarter Ended December 31, 2024 TOYOBO CO., LTD.

  2. Slide 2: Highlights

    Highlights Q3 FY 3/25 Results Operating profit increased because Industrial film and Environmental and Functional Materials performed strong, in addition to improvement in profitability of businesses requiring improvement. Net profit was ¥0.7 billion. Profit attributable to Net sales Operating profi

  3. Slide 3: Summary of Results: P&L

    Summary of Results: P&L (¥ bn.) Q3 FY 3/24 Q3 FY 3/25 YOY (cumulative) (cumulative) Amount % Net sales 307.3 314.2 +6.9 +2.2% Gross profit 64.8 71.1 +6.3 +9.7% Operating profit 5.0 10.2 +5.2 +103.8% (Ratio to sales) 1.6% 3.2% - - Non-operating income and expenses - 2.6 - 4.6 - 2.0 - Ordinary profit

  4. Slide 4: Non-operating Income and Expenses, Extraordinary Income and Losses

    Non-operating Income and Expenses, Extraordinary Income and Losses Non-operating income and expenses: Extraordinary income and losses: breakdown (¥ bn.) breakdown (¥ bn.) Q3 FY 3/24 Q3 FY 3/25 Q3 FY 3/24 Q3 FY 3/25 YOY YOY (cumulative) (cumulative) (cumulative) (cumulative) Gain on sale of shares of

  5. Slide 5: Analysis in Changes in Operating Profit

    Analysis in Changes in Operating Profit 15.0 Volume Others + 3.2 - 2.7 Prices 10.0 + 4.7 Raw material (¥bn.) and fuel costs - 0.0 Depreciation 10.2 5.0 Cost to launch Films new equipment ( +5.2 ) Resin and chemical Films R&D expenses (+) 5.0 Airbag fabric Resin and chemical 0.0 Q3 FY 3/24 Q3 FY 3/25

  6. Slide 6: Summary of Results: BS

    Summary of Results: BS (B) (A) (¥ bn.) Mar. 31, 2023 Mar. 31, 2024 Dec. 31, 2024 (A)-(B) Total assets 588.9 607.0 614.1 +7.1 Cash and deposits 60.7 33.8 30.7 - 3.1 Inventories 121.9 122.0 123.0 +1.0 Property, plant and equipment 240.2 281.5 296.0 +14.5 Net assets 221.4 230.1 232.5 +2.4 Shareholder's

  7. Slide 7: Summary of Results: Segment

    Summary of Results: Segment (¥ bn.) Net sales Operating profit Q3 FY 3/24 Q3 FY 3/25 Q3 FY 3/24 Q3 FY 3/25 YOY (cumulative) (cumulative) (cumulative) (cumulative) Films 117.4 124.9 1.5 3.8 +2.3 Life Science 25.3 25.7 3.5 1.5 - 2.0 Environmental and Functional Materials 86.2 83.5 3.0 5.6 +2.6 Functio

  8. Slide 8: Films

    Films (¥ bn.) FY 3/24 FY 3/25 Q3 cumulative YOY Q3 Q3 H1 Q3 H1 Q3 Amount % (cumulative) (cumulative) Net sales 78.1 39.3 117.4 82.8 42.1 124.9 +7.5 +6.4% Operating profit 1.4 0.1 1.5 3.0 0.8 3.8 +2.3 +155.9% (OPM) 1.8% 0.2% 1.3% 3.6% 2.0% 3.1% - - Shipping results in the domestic market for Packagin

  9. Slide 9: Life Science

    Life Science (¥ bn.) FY 3/24 FY 3/25 Q3 cumulative YOY Q3 Q3 H1 Q3 H1 Q3 Amount % (cumulative) (cumulative) Net sales 16.6 8.7 25.3 17.2 8.5 25.7 +0.5 +1.9% Operating profit 2.4 1.1 3.5 0.9 0.6 1.5 - 2.0 - 57.3% (OPM) 14.5% 12.5% 13.8% 5.3% 6.8% 5.8% - - Biotechnology - Demand for enzymes for diagno

  10. Slide 10: Environmental and Functional Materials

    Environmental and Functional Materials (¥ bn.) FY 3/24 FY 3/25 Q3 cumulative YOY Q3 Q3 H1 Q3 H1 Q3 Amount % (cumulative) (cumulative) Net sales 52.5 33.6 86.2 55.2 28.3 83.5 - 2.6 - 3.1% Operating profit 0.4 2.6 3.0 3.4 2.3 5.6 +2.6 +87.1% (OPM) 0.7% 7.8% 3.5% 6.1% 8.0% 6.7% - - Resin and chemical -

  11. Slide 11: Functional Textiles and Trading

    Functional Textiles and Trading (¥ bn.) FY 3/24 FY 3/25 Q3 cumulative YOY Q3 Q3 H1 Q3 H1 Q3 Amount % (cumulative) (cumulative) Net sales 45.7 23.2 68.9 47.9 23.3 71.3 +2.4 +3.5% Operating profit - 0.9 - 0.7 - 1.5 0.1 - 0.0 0.1 +1.6 - (OPM) - - - 0.2% - 0.1% - - Textiles - Sales of traditional Arabic

  12. Slide 12: Forecasts for Business Environment in the FY 3/25

    Forecasts for Business Environment in the FY 3/25 Previous Forecast Segment Business Forecasts (November 2024) Situation* Inventory adjustment finishes and the market moves Inventory adjustment finishes and the market moves Packaging toward a gradual recovery. toward a gradual recovery. Films Strong

  13. Slide 13: Forecasts for FY 3/25

    Forecasts for FY 3/25 We forecast operating profit of ¥17.0 billion and net profit of ¥2.6 billion, based on strong performance of Industrial film and measures for businesses requiring improvement, despite profit decrease of Life Science. (¥ bn.) Previous FY 3/24 FY 3/25 YOY forecasts Results H1 H2

  14. Slide 14: Analysis in Changes in Operating Profit

    Analysis in Changes in Operating Profit Volume Others 20.0 + 4.4 - 2.0 Prices 16.0 + 5.2 Raw material and fuel costs (¥bn.) 12.0 Depreciation + 0.4 Cost to launch 17.0 new equipment 8.0 Films Cost reduction ( + 8.0 ) Films Resin and chemical Resin and chemical Biotechnology 9.0 Airbag fabric Textile

  15. Slide 15: Forecasts by Segment

    Forecasts by Segment (¥ bn.) Net sales Operating profit Previous FY 3/24 FY 3/25 FY 3/24 FY 3/25 forecasts YOY Results Forecasts Results Forecasts (Nov. 2024) Films 156.5 170.0 2.7 6.5 +3.8 6.5 Life Science 34.6 36.0 4.4 2.5 - 1.9 3.2 Environmental and Functional Materials 115.3 115.0 4.7 8.0 +3.3 8

  16. Slide 16: Appendix

    TOYOBO Appendix

  17. Slide 17: Business Performance

    Business Performance (¥ bn.) FY 3/24 FY 3/25 Net sales Q1 Q2 Q3 Q4 Full year Q1 Q2 Q3 Films 39.0 39.1 39.3 39.1 156.5 42.1 40.7 42.1 Life Science 8.1 8.4 8.7 9.3 34.6 8.1 9.1 8.5 Environmental and Functional Materials 25.0 27.6 33.6 29.2 115.3 28.1 27.2 28.3 Functional Textiles and Trading 22.2 23.5

  18. Slide 18: Topics (1): Transition to a Company with Audit and Supervisory Committee

    Topics (1): Transition to a Company with Audit and Supervisory Committee Toyobo Co., Ltd. resolved to transition from “a company with Board of Corporate Auditors” to “a company with Audit and Supervisory Committee,” subject to approval at the 167th Annual General Meeting of Shareholders. (February 1

  19. Slide 19: Topics (2): Films

    Topics (2): Films Boost the production capacity of polarizer protective films for LCDs “COSMOSHINE SRF” Renovate an existing PET film production facility to enable production of “COSMOSHINE SRF (SRF)”. - Production capacity of SRF: Boost as much as 30% - Timing: Establish a mass-production system in

  20. Slide 20: Please Note

    Please Note The business performance forecasts and targets included in the business plans contained in this presentation are based on information known to the Company’s management as of the day of presentation. Please be aware that the content of the future forecasts may differ significantly from ac

  21. Slide 21: © TOYOBO CO., LTD. All rights reserved.

    ©️ TOYOBO CO., LTD. All rights reserved.

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