Ulvac, Inc. · TSE:6728

Ulvac — H1 FY2026/6 Earnings Presentation

28 slides from Ulvac's earnings presentation, Feb 10, 2026

  1. Slide 1: The First Half of FY2026/6 Business Results

    ULVAC, Inc. The First Half of FY2026/6 Business Results July 2025 – December 2025 Feb. 10, 2026 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

  2. Slide 2: Summary

    Summary FY26/6 H1 Consolidated Financial Highlights Orders received exceeded both the initial plan and the prior year, mainly due to increases in Semiconductor and Display-related businesses. Net sales and each profit item were generally in line with the initial plan. Progress on Mid- to Long-Term M

  3. Slide 3: FY26/6 H1 Financial Highlights

    FY26/6 H1 Financial Highlights Progress on Mid- to Long-Term Management Plan (Value Up Plan) Growth Strategy Business Reform & Production Reform FY26/6 Earnings Forecast Copyright© 2026, ULVAC, Inc. All rights reserved 3

  4. Slide 4: FY26/6 H1 Financial Highlights

    FY26/6 H1 Financial Highlights » Orders received exceeded both the initial plan and the prior year, mainly due to increases in semiconductor and display-related businesses. » Net sales and each profit item were generally in line with the initial plan. FY2025/6 FY2026/6 (Unit: ¥1 billion) H1 Q1 Q2 H1

  5. Slide 5: Orders Received and Net Sales Results (Half-Year Trend)

    Orders Received and Net Sales Results (Half-Year Trend) » Orders received: Increased by ¥20.7 billion YoY, driven by investments in semiconductor and display-related projects. » Net sales: Generally in line with the plan while the sales mix of Semiconductor and Electronics temporarily declined. Orde

  6. Slide 6: Orders Received and Net Sales Results (Quarterly Trend)

    Orders Received and Net Sales Results (Quarterly Trend) » Orders received: Increased by ¥16.3 billion QoQ, driven by investments in semiconductor and display-related projects. » Net sales: Increased QoQ across all product categories, mainly reflecting earlier-than-planned recognition. Orders Receive

  7. Slide 7: Profit Margins

    Profit Margins » Gross profit margin: Although declined QoQ due to temporary changes in the product mix, improvement is expected in H2 due to an increased semiconductor-related net sales. » Operating profit margin: Improved due to an increase in net sales in Q2 which led to a decline in the SG&A exp

  8. Slide 8: Consolidated Balance Sheet

    Consolidated Balance Sheet Assets (Unit: ¥1 billion) Liabilities and Net Assets (Unit: ¥1 billion) *Contract liabilities 375.1 382.6 375.1 382.6 of ¥28.1 billion 38.9 44.3 Cash on hand and in banks Note and accounts 99.0 100.2 payable,trade 42.1 38.9 Notes and accounts receivable,trade Interest-bear

  9. Slide 9: Growth Strategy

    FY26/6 H1 Financial Highlights Progress on Mid- to Long-Term Management Plan (Value Up Plan) Growth Strategy Business Reform & Production Reform FY26/6 Earnings Forecast Copyright© 2026, ULVAC, Inc. All rights reserved 9

  10. Slide 10: Semiconductor and Electronics Market to Reach USD 1 Trillion by 2030

    Semiconductor and Electronics Market to Reach USD 1 Trillion by 2030 Growth of the semiconductor and electronics Market USD Million Towards $1 trillion 1,000,000 Doubling over approx. 10 years Data center, AI EV, DX, GX, 6G 800,000 Doubling over 600,000 approx. 10 years Smartphone Doubling over 400,

  11. Slide 11: Expansion of vacuum technology application areas with Generative AI

    Expansion of vacuum technology application areas accompanying the utilization of Generative AI Physical execution capability Application fields of vacuum technology Sensor (Input) Inference (Judgment) Execution (Service) Edge AI services ・ Electronics ・ General Industries （Vacuum melting furnaces, e

  12. Slide 12: Our Position in the Semiconductor Manufacturing Process

    Our Position in the Semiconductor Manufacturing Process Minimum Semiconductor Manufacturing Process Wafer format feature size Ashing, Etching, Sputtering Equipment, etc. Back-end process ー 1mm • Descum / Desmear processing for interposers and PLP • Etching equipment for plasma dicing • Plasma surfac

  13. Slide 13: Aim to Achieve Orders Received of ¥200.0 Billion in Semiconductor and Electronics

    Aim to Achieve Orders Received of ¥200.0 Billion in the Semiconductor and Electronics Field Semiconductor Electronics DRAM NAND Logic CS(Semiconductor) Power Packaging Others CS(Electronics) ¥100.0+ billion ¥100.0+ billion ¥72.0 billion ¥63.0 billion ¥35.9 billion ¥34.5 billion FY25/6 FY28/6 FY31/6

  14. Slide 14: Rare-earth magnet-related Business: a New Frontier for Business Expansion

    Rare-earth magnet-related Business: a New Frontier for Business Expansion（Industrial） Growth is further supported by expectations for Industrial equipment orders received (Unit: ¥1 billion) expanded production resulting from supply-chain diversification Others(Leak Test Equipment, Freeze-Drying Equi

  15. Slide 15: Nd (Neodymium) Magnet Manufacturing Process

    Nd (Neodymium) Magnet Manufacturing Process Raw Material Manufacturers Magnet Manufacturers Magnet Users Magnetic Field Raw Melting and Hydrogen Fine Sintering GBD Aging Surface Inspection Orientation Machining Magnetization Material Casting Decrepitation Grinding Process Processing Process Treatmen

  16. Slide 16: Business Reform & Production Reform

    FY26/6 H1 Financial Highlights Progress on Mid- to Long-Term Management Plan (Value Up Plan) Growth Strategy Business Reform & Production Reform FY26/6 Earnings Forecast Copyright© 2026, ULVAC, Inc. All rights reserved 16

  17. Slide 17: Roadmap for Profitability Improvement through Business Reform and Production Reform

    Roadmap for Profitability Improvement through Business Reform and Production Reform Revenue growth/mix improvement/ Increased revenue/ Three major business Production reform Production reform Mix improvement 22% reform measures +1.7% +5% +2% +5.5% ③ Business efficiency improvement ② Production sites

  18. Slide 18: Business Reform: Progressing Steadily as Planned

    Business Reform: Progressing Steadily as Planned FY26/6 FY27/6 Target business and locations Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Materials Business Proceeding toward a business (Display-related) divestiture Pump Motors Equity divestiture completed Business (China) (approx.180 employees) Business divestiture, CS

  19. Slide 19: Production Reform: Progressing as Planned

    Production Reform: Progressing as Planned Modular Design(MD) Equipment Sales Ratio (Unit: ¥ 1 billion) Design (Modular Design) 250 30% MD equipment sales ratio 200 Procurement （Parts Commonality and 12% Standardization） 20% Improvement 150 in the target equipment business Manufacturing （Planned Prod

  20. Slide 20: FY26/6 Earnings Forecast

    FY26/6 H1 Financial Highlights Progress on Mid- to Long-Term Management Plan (Value Up Plan) Growth Strategy Business Reform & Production Reform FY26/6 Earnings Forecast Copyright© 2026, ULVAC, Inc. All rights reserved 20

  21. Slide 21: FY26/6 Earnings Forecast

    FY26/6 Earnings Forecast » Orders received: Expected to increase by ¥30.0 billion from the initial plan, reaching ¥280.0 billion, the second-highest order level since listed. » Net sales and profit items (margins): No revisions to the earnings or dividend forecasts; steady improvement is expected he

  22. Slide 22: Revisions to Orders Received and Net Sales Forecast by Product Category

    Revisions to Orders Received and Net Sales Forecast by Product Category » Orders received： Revised upward to ¥280.0 billion, reflecting Semiconductor and Electronics expected to reaching a past record, and steady performance in display and Industrial equipment. » Net sales：Maintained at ¥250.0 billi

  23. Slide 23: Semiconductor and Electronics Orders Received: Aiming for the Highest Level Since Listing

    Semiconductor and Electronics Orders Received: Aiming for the Highest Level Since Listing Main Factors (vs.Plan) Orders received (Unit: ¥1 billion) Logic（+71%） Logic Memory Packaging Power device Electronics • Solid advanced-node investment; expanded investment in MHM processes for mature nodes ＋3.0

  24. Slide 24: Display and Industrial equipment are also performing steadily

    Display and Industrial equipment are also performing steadily Orders received (Unit: ¥1 billion) Increase Factors（vs. Plan） Display Component Industries Material Others ＋27.0 Display（+58%） • Increased investment driven by the expansion of OLED 186.0 panel sizes. 29.0 • Sustained contributions from e

  25. Slide 25: Investment Trends

    Investment Trends Item Investment Trends CY26 • DRAM: Investment by the top three manufacturers is expanding, driven by increased AI-related Semiconductors demand. • NAND: Investment for next-generation technologies continues. Logic and Memory • Logic: Investment in advanced nodes remains steady and

  26. Slide 26: Recognition from Customers

    Recognition from Customers Received the “Appreciation Award” from Received the “2025 TSMC Excellent Samsung Electronics Co., Ltd. Performance Award” from TSMC Awarded at Samsung Electronics’ “Appreciation Awarded the “Excellent Production Support” category Day 2025”. under the 2025 TSMC Excellent Pe

  27. Slide 27: Individual Disclosure Document

    Individual Disclosure Document We have decided to implement a voluntary retirement program as outlined below. 1. Reason for the Recruitment of Voluntary Retirement Applicants The environment surrounding our group is undergoing rapid change, and under the mid- to long-term management plan, the Value

  28. Slide 28: Copyright© 2026, ULVAC, Inc. All rights reserved

    Copyright© 2026, ULVAC, Inc. All rights reserved 28

ULVAC — H1 FY2026/6 Earnings Presentation on 6ix