Sumco Corporation · TSE:3436

Sumco — Sumco Corp Ord — Q2 2023 Earnings Presentation

12 slides from Sumco's earnings presentation, Aug 8, 2023

  1. Slide 1: Results for Second Quarter of FY2023 (Ended June 30, 2023)

    Results for Second Quarter of FY2023 (Ended June 30, 2023) August 8, 2023 SUMCO Corporation （Code：3436） （LEI：353800SUSRUOM0V6KU92） 2Q-2023 Results SUMCO CORPORATION Aug. 8, 2023 1 Notes Regarding the Forecasts This material is prepared for the purpose of continuous disclosure to general shareholders

  2. Slide 2: Contents; Summary and Market Environment

    Contents ■ Summary and Market Environment ■ 2Q-2023 Consolidated Business Result 1. Summary of Consolidated Business Result 2. Analysis of Changes in Operating Income 3. Consolidated Balance Sheet and Consolidated Cash-Flow ■ 3Q-2023 Consolidated Business Forecast 1. Consolidated Business Forecast 2

  3. Slide 3: 1-1. Summary; 1-2. Shareholder Return

    1-1. Summary ■ 2Q-2023 Consolidated Business Result (Billions of Yen) 2Q-2023 2Q-2023 Change Forecast Actual Net Sales 108.0 110.7 +2.7 Operating Income 17.0 20.8 +3.8 Ordinary Income 16.0 21.2 +5.2 Net Income (Note) 9.5 12.0 +2.5 Exchange Rate (Yen/US$) 134.0 135.9 +1.9 ■ 3Q-2023 Consolidated Busin

  4. Slide 4: 2-1. Market Environment; 2-2. 200mm Wafer Trend

    2-1. Market Environment ■ 2Q-2023  Volume - As customers continued adjusting production, 300 mm wafer shipments declined for both memory and logic - 200 mm and smaller wafer shipments declined due to low demand for end products  Pricing - Long-term contract prices are being honored for both 300 mm

  5. Slide 5: 2-3. 300mm Wafer Trend; 3-1. Customer 300mm Wafer Inventory Trend

    2-3. 300mm Wafer Trend （Source： SUMCO’s estimation) 2Q-2023 Results SUMCO CORPORATION Aug. 8, 2023 9 3-1. Customer 300mm Wafer Inventory Trend （Source： SUMCO’s estimation) 2Q-2023 Results SUMCO CORPORATION Aug. 8, 2023 10

  6. Slide 6: 3-2. Customer 300mm Wafer Inventory; 4-1. 300mm Epi Wafer Demand, Inventory and Price Trend

    3-2. Customer 300mm Wafer Inventory (Logic/Memory) （Source： SUMCO’s estimation) 2Q-2023 Results SUMCO CORPORATION Aug. 8, 2023 11 4-1. 300mm Epi Wafer Demand, Inventory and Price Trend （Source： SUMCO’s estimation) 2Q-2023 Results SUMCO CORPORATION Aug. 8, 2023 12

  7. Slide 7: 4-2. 300mm Polished Wafer Trend; 5. 300mm Wafer Global Capacity and Demand Forecast

    4-2. 300mm Polished Wafer Demand, Inventory and Price Trend （Source： SUMCO’s estimation) 2Q-2023 Results SUMCO CORPORATION Aug. 8, 2023 13 5. 300 mm Wafer Global Capacity and Demand FCST 2Q-2023 Results SUMCO CORPORATION Aug. 8, 2023 14

  8. Slide 8: 2Q-2023 Consolidated Business Result; 6-1. Summary

    2Q-2023 Consolidated Business Result Michiharu Takii Representative Director, Vice Chairman, Chief Financial Officer 2Q-2023 Results SUMCO CORPORATION Aug. 8, 2023 15 6-1. Summary of Consolidated Business Result (Billions of Yen) 2Q-2022 2Q-2023 Actual (6 months) Change (6 months) 1Q 2Q Total QoQ Ne

  9. Slide 9: 6-2. Analysis of Changes in Operating Income; 6-3. Balance Sheet and Cash-Flow

    6-2. Analysis of Changes in Operating Income １．1Q-2023 Actual → 2Q-2023 Actual ２． 2Q-2022 Actual → 2Q-2023 Actual (Billions (Billions of Yen) (Billions of Yen) 1Q-2023 2Q-2023 2Q-2022 2Q-2023 Change Change Actual Actual Act (6 months) Act (6 months) Net Sales 109.9 110.7 +0.8 Net Sales 207.4 220.6 +

  10. Slide 10: 3Q-2023 Consolidated Business Forecast

    3Q-2023 Consolidated Business Forecast 2Q-2023 Results SUMCO CORPORATION Aug. 8, 2023 19 7-1. 3Q-2023 Consolidated Business Forecast (Billions of Yen) 3Q-2022 3Q-2023 Forecast Actual 1Q ACT 2Q ACT 3Q FCST Total Change (9 months) (3 months) (3 months) (3months) (9 months) Net sales 323.6 109.9 110.7

  11. Slide 11: 7-2. Analysis of Changes in Operating Income; Reference Materials

    7-2. Analysis of Changes in Operating Income １．2Q-2023 Actual → 3Q-2023 Forecast ２． 3Q-2022 Actual (9 months) → 3Q-2023 Forecast (9 months) (Billions of Yen) (Billions of Yen) 2Q-2023 3Q-2023 3Q-2022 3Q-2023 Change Change Actual Forecast Act (9 months) Fcst (9 months) Net Sales 110.7 101.0 (9.7) Net

  12. Slide 12: Quarterly Trend

    ■ Quarterly Trend 2Q-2023 Results SUMCO CORPORATION Aug. 8, 2023 23 URL https://www.sumcosi.com/ 2Q-2023 Results SUMCO CORPORATION Aug. 8, 2023 24

Sumco Corp Ord — Q2 2023 Earnings Presentation on 6ix