Slide 1: Supplementary Materials for FY2024 Financial Results
SUPPLEMENTARY MATERIALS FOR FY2024 FINANCIAL RESULTS February 12th 2025 THK CO.,LTD. Copyright THK CO., LTD. 2025. All rights reserved.
Slide 2: Contents
Contents ⚫ Financial Highlights P. 2 ⚫ Trend in Net Sales P. 3 ⚫ Operating Income – Change Factors P. 4～5 ⚫ Assets, Liabilities and Equity P. 6 ⚫ Orders Received by Region P. 7 ⚫ Financial Forecast (Consolidated/Unconsolidated) P. 8～9 ⚫ Support Statement P. 10～13 This presentation material contains
Slide 3: Financial Highlights
Financial Highlights Consolidated Revenue ◼ ¥352.7 billion (+0.2% YoY) The outlook of the global economy remained uncertain amid concerns such as rising geopolitical risks including the situation in Ukraine and in the Middle East, continuing inflation, and China's sluggish economy shaken by real e
Slide 4: Trend in Net Sales
Trend in Net Sales Regional Sales and Growth Rates by Industry Asia and ⚫ Taiwan -7.1％ 393,687 other ⚫ Singapore -0.5％ Y/Y 33,789 ⚫ India +10.5％ +1.5% 351,939 352,759 25,056 25,423 318,188 China ⚫ Machine tools +21.9％ 84,046 ⚫ General 28,624 59,919 63,042 Machinery -20.4％ Y/Y ⚫ Electronics +23.8％ +5
Slide 5: (Ref.) Operating Income – Change Factors (1/2)
(Ref.) Operating Income – Change Factors –(1/2) Industrial Machinery FY2023 -5.4 billions of yen FY2024 Other income Billions of yen Foreign Exchange and other Change in Variable expense Rate Difference Cost Ratio 2.5 0.4 -4.2 0.3 22.2 Effect due to -4.4 Decreased Sales Increase in 16.8 Fixed Cost B
Slide 6: (Ref.) Operating Income – Change Factors (2/2)
(Ref.) Operating Income – Change Factors –(2/2) Automotive & Transportation FY2023 -1.0 billions of yen FY2024 Billions of yen Foreign Exchange Change in Variable Rate Difference 1.6 Cost Ratio 0.4 1.7 0.6 Change in -1.9 Fixed Cost Effect due to Decreased Sales 0 -1.2 Other income and other expense
Slide 7: Assets, Liabilities and Equity
Assets, Liabilities and Equity Changes in Balance Sheet Total Assets 567,418 millions of yen Millions of yen Up ¥11,066 million from previous period ◼ Cash and Cash in Account Down 18,193 Cash Flows from Operating Activities 28,412 ◼ Current liabilities Up 7,286 Current Liabilities Trade and oth
Slide 8: Orders Received by Region
Orders Received by Region Industrial Machinery THK Japan*1,2 40 THK Europe*2 28.9 60 (4.5) (19.6) 22.7 21.1 29.0 30 10.3 (0.2) (34.2) (43.7) (41.5) (32.7) (15.2) 7.7 (28.2) 40 (28.2) (24.5) (40.1) (8.0) (15.8) (21.2) (0.1) (8.6) (9.5) 20 32.6 30.8 54 49 27.4 22.6 20 10 18.4 18.0 18.5 19.2 19.8 22.1
Slide 9: Financial Forecast (Consolidated)
Financial Forecast (Consolidated) Consolidated （Millions of Yen） 2025/12 2024/12 2023/12 (Forecast) Revenue 363,500 352,759 351,939 Y/Y +3.0％ +0.2％ -10.6％ Operating 23,500 17,349 23,707 Income Y/Y +35.5％ -26.8％ -31.2％ Income before 24,500 18,782 25,289 income taxes Y/Y +30.4％ -25.7％ -29.0％ Profit At
Slide 10: Financial Forecast (Unconsolidated)
Financial Forecast (Unconsolidated) Unconsolidated （Millions of Yen） 2025/12 2024/12 2023/12 (Forecast) Net Sales 150,000 144,737 144,227 Y/Y +3.6％ +0.4％ -27.0％ Japan 95,000 88,405 89,121 Y/Y +7.5％ -0.8％ -24.2％ Operating 2,800 4,121 7,138 Income Y/Y -32.1％ -42.3％ -72.2％ Ordinary 36,600 18,020 15,905
Slide 11: Support Statement: Operating Income (FY2025E) – Change Factors
【Support Statement】 Operating Income（FY2025E) – Change Factors – Industrial Machinery FY2024 Revenue ：216.6 FY2025E Revenue ：231.9 Operating Income： 16.8 Operating Income： 21.2 FY2024 +4.4 billions of yen Effect due to Change in Variable FY2025E Increased Sales Cost Ratio Billions of yen 10.6 0.9 -4
Slide 12: Support Statement: Trends in COGS and SG&A
【Support Statement】 Trends in COGS and SG&A COGS 78.8% 74.9% 76.8% 76.8% 73.3% Sales-cost ratio remains unchanged Y/Y COGS ratio 288,398 270,308 270,975 238,434 172,567 Millions of Yen 2020/12 2021/12 2022/12 2023/12 2024/12 SG&A 20.5% 16.0% 16.8% 18.3% 15.0% SG&A ratio increased by 1.5 points Y/Y S
Slide 13: Support Statement: Trends in Orders, Sales and Backlog (Japan)
【Support Statement】 － Trends in Orders, Sales and Backlog(Japan – Unconsolidated) – （millions of yen） 80,000 Orders Sales 70,000 Backlog 60,000 50,000 40,000 30,000 20,000 10,000 0 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9
Slide 14: Support Statement: Trends in Orders Classified by Industry
【Support Statement】 –Trends in Orders Classified by Industry (Unconsolidated)– （millions of yen） 12,000 Machine Tool General Machinery 10,000 Electronics 8,000 6,000 4,000 2,000 0 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9 10-12 1-3 4-6 7-9