Hirose Electric Co., Ltd. · TSE:6806

Hirose Electric — FY2025 Earnings Presentation

28 slides from Hirose Electric's earnings presentation, May 12, 2026

  1. Slide 1: Business Results for FY2025

    Business Results for FY2025 May 12, 2026 Hirose Electric Co., Ltd. 〔6806〕

  2. Slide 2: Cautionary Statement

    Cautionary Statement In this material, there are descriptions based on current estimation by Hirose Electric. Hirose cautions you that a number of important risks, uncertainties and others could cause actual results to differ materially from those discussed in the *forward-looking statements. Thank

  3. Slide 3: Summary of the Business Results (FY2025 from April to March, 2026)

    Summary of the Business Results (FY2025 from April to March, 2026) While we initially projected a decrease in profit, both revenue and profit increased year-on-year. Despite continued pressure on margins from higher material costs, including metals, sales remained solid overall. The general industri

  4. Slide 4: Changes in Sales and Operating Profit (FY2024.1Q～FY2025.4Q)

    Changes in Sales and Operating Profit (FY2024.1Q～FY2025.4Q) (Yen in hundred millions) Sales Operating profit Operating profit ratio 600 40.0% 545.2 547.2 530.5 35.0% 496.5 499.0 489.7 500 448.7 450.0 30.0% 400 25.0% 24.0% 24.1% 20.1% 22.1% 22.9% 18.8% 300 20.0% 20.0% 19.2% 15.0% 200 10.0% 119.6 120.

  5. Slide 5: Business Results for FY2025

    Business Results for FY2025 FY2024 FY2025 Increase/Decrease Increase/Decrease (Yen in hundred millions) (FY ended Mar 31, 2025) (FY ended Mar 31, 2026) (YoY) ratio (YoY) Sales 1,894.2 2,112.6 +218.4 +11.5% COGS Ratio 54.9% 57.9% +3.0pt SGA Ratio 22.4% 21.6% -0.8pt Operating Profit 426.7 429.9 +3.2 +

  6. Slide 6: FY2024 to FY2025 Major Changes

    FY2024 to FY2025 Major Changes General Industrial :＋ 151 Sales Smartphone :－ 21 218.4 hundred millions yen Increased Automotive/Mobility-related :＋ 51 （1,894.2 → 2,112.6） Telecommunications :＋ 13 COGS Ratio Variable Expense Ratio:37.9% → 41.1% Depreciation Ratio: 7.8％ → 7.7％ 3.0 pt Deteriorated （54.

  7. Slide 7: FY2025 YoY Operating Profit Change Analysis

    FY2025 YoY Operating Profit Change Analysis (Yen in hundred millions) 178 -10 -14 Exchange Impact Increase in amortization -38 costs Increased labor costs -65 427 Increased material 5 430 and purchasing -40 Increase in costs Price -14 Price volume Optimization Adjustments Others FY24 Operating Profi

  8. Slide 8: Consolidated Balance Sheet (1)

    Consolidated Balance Sheet （１） (Yen in hundred millions) Increase/ Account Mar 31, 2025 Mar 31, 2026 Remarks Decrease Profit+331, Share Buyback -203 Cash and cash Capital investment (including buildings, etc.) -200 equivalents 856.7 873.3 +16.6 Dividend Payment -165, Redemption of securities and tim

  9. Slide 9: Consolidated Balance Sheet (2)

    Consolidated Balance Sheet （２） (Yen in hundred millions) Increase/ Account Mar 31, 2025 Mar 31, 2026 Remarks Decrease Payables and other Increase in accounts payable due 129.0 167.5 +38.5 Liabilities Debt to increased purchases +32 Lease Liabilities 52.0 62.3 +10.3 Income Taxes Payable 81.4 64.7 -16

  10. Slide 10: Business Expenditure and Amortization Expense (Consolidated Basis)

    Business Expenditure and Amortization Expense (Consolidated Basis) （Yen in hundred millions） Capital Investment Depreciation Capital Investment Ratio Depreciation Ratio 300 280 260 250 240 220 212 199 200 188 180 167 161 170 160 141 149 140 140 120 100 80 11.4% 11.2% 9.4% 10.9% 60 9.1% 40 7.7% 8.5%

  11. Slide 11: Overseas Production and Sales Ratio

    Overseas Production and Sales Ratio © 2026 HIROSE ELECTRIC CO., LTD. All rights reserved. 11

  12. Slide 12: Number of Employees (Financial Report Basis)

    Number of Employees (Financial Report Basis) (Number of employees) Domestic Overseas -126 +232 5070 -290 +224 5110 4944 4878 4654 3386 3834 3697 3355 -137 3365 +31 -10 -332 1523 1724 1236 1247 +42 1289 +234 +201 +11 2022.Mar 2023.Mar 2024.Mar 2025.Mar 2026.Mar  The domestic headcount increase of 20

  13. Slide 13: Distribution of Shareholders

    Distribution of Shareholders 100% 7.36% 7.49% 6.65% 4.97% 8.10% 3.97% 90% 3.73% 3.94% 4.22% 3.83% 80% 70% 38.41% 34.93% 42.04% 39.90% 42.62% Treasury Stocks 60% Individual and Others 50% 15.59% 15.39% Foreign Corporation 15.20% 40% 14.50% 14.87% 3.07% 2.29% Other Corporation 1.10% 2.25% 30% 1.97% Se

  14. Slide 14: Sales by Application - General Industrial

    Sales by Application - General Industrial (Yen in hundred millions) FY2024 FY2025 YoY FY2025/ 1H 3Q 4Q FY24 1H 3Q 4Q FY25 FY2024 Sales 226 122 121 469 285 162 173 620 +32%  FY2025 Composition ratio*  Changes in quarterly sales 173 162 141 144 30% 111 115 122 121 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q * Connector

  15. Slide 15: Sales by Application - Smartphone

    Sales by Application - Smartphone (Yen in hundred millions) FY2024 FY2025 YoY FY2025/ 1H 3Q 4Q FY24 1H 3Q 4Q FY25 FY2024 Sales 232 130 102 464 226 115 102 443 -5%  FY2025 Composition ratio*  Changes in quarterly sales 133 130 122 115 99 102 104 102 22% 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q FY2024 FY2025 * Conne

  16. Slide 16: Sales by Application - Consumer/Mobile Equipment

    Sales by Application - Consumer/Mobile Equipment (Yen in hundred millions) FY2024 FY2025 YoY FY2025/ 1H 3Q 4Q FY24 1H 3Q 4Q FY25 FY2024 Sales 180 89 78 347 176 87 84 347 ±0%  FY2025 Composition ratio*  Changes in quarterly sales 96 89 86 90 87 84 84 78 17% 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q * Connector sales

  17. Slide 17: Sales by Application - Automotive/Mobility-related

    Sales by Application - Automotive/Mobility-related (Yen in hundred millions) FY2024 FY2025 YoY FY2025/ 1H 3Q 4Q FY24 1H 3Q 4Q FY25 FY2024 Sales 246 127 119 492 265 138 140 543 +10%  FY2025 Composition ratio*  Changes in quarterly sales 137 138 140 140 124 127 128 122 119 120 100 27% 80 60 40 20 0

  18. Slide 18: Sales by Application - Telecommunications Infrastructure Equipment / OA Equipment

    Sales by Application - Telecommunications Infrastructure Equipment / OA Equipment (Yen in hundred millions) FY2024 FY2025 YoY FY2025/ 1H 3Q 4Q FY24 1H 3Q 4Q FY25 FY2024 Telecommunications Infrastructure Equipment 27 13 14 54 28 17 22 67 +24% OA Equipment 9 5 4 18 10 4 5 19 +6%  FY2025 Composition r

  19. Slide 19: Business Forecast for the Year Ending March 31, 2027 (Consolidated)

    Business Forecast for the Year Ending March 31, 2027 (Consolidated) (Yen in hundred millions) First Half Over the FY2025 Actual FY2026 Forecast For the Year Over the Previous Actual (FY ended March 31, 2026) (FY ending March 31, 2027) Previous Actual Amount Amount Amount Amount First Half For the Ye

  20. Slide 20: Connector Business: Annual Sales Forecast by Segment

    Connector Business: Annual Sales Forecast by Segment (round of number) (Yen in hundred millions) 710 620 600 543 443 430 347 340 90 67 FY25 FY26 FY25 FY26 FY25 FY26 FY25 FY26 FY25 FY26 Actual Forecast Actual Forecast Actual Forecast Actual Forecast Actual Forecast General Consumer/Mobile Automotive/

  21. Slide 21: NEW Business: Probe Application Products and Probes, Annual Sales Forecast

    NEW Business: Probe Application Products and Probes, Annual Sales Forecast (round of number) 【Production Items】 Probe application products (including sockets and connectors) , Probes, other machined products Others 【Business Environment】 Our customer base is primarily semiconductor-related, and stro

  22. Slide 22: Expanding added value through Hirose SER's cutting-edge technology

    Expanding added value through Hirose SER's cutting-edge technology Aim for sustained high growth as a new pillar 【Opportunities and Strengths】 Opportunity: Increasing sophistication of semiconductors leads to higher signal speeds and densities. Strengths: Supply of ultra-small probes with high accur

  23. Slide 23: FY2026 Year-on-year Operating Profit Assumptions of Variable Factors

    FY2026 Year-on-year Operating Profit Assumptions of Variable Factors (Yen in hundred millions) 110 -10 -10 Increase in amortization Increased labor costs 30 460 costs 430 -80 -10 Increase in Price volume Increased Others Optimization material and purchasing costs Although raw material cost pressures

  24. Slide 24: Trend in Shareholder Returns

    Trend in Shareholder Returns From FY2024, dividends are determined based on a 5% DOE.(Payout ratio: FY2025 50.9%, FY2026 forecast 50%) In FY2025, approx. ¥20bn in share buybacks were executed, (Yen in hundred millions) resulting in a total shareholder return ratio of 112%. Up to ¥60bn in share repur

  25. Slide 25: Hirose Technology Exhibition CONNECTION2025 Results

    Hirose Technology Exhibition CONNECTION2025 Results A technology exhibition is held once every three years. The number of visitors increased by 21.5% from the previous event. Number of Visitors FY25 FY22 22年度 10,009 people FY19 7,686 people 7,686名 6,704 people 51% Attendance exceeded 10,000 visitors

  26. Slide 26: Changes in Board Members (On and After June 25, 2026)

    Changes in Board Members （ On and After June 25, 2026） Directors (excluding directors who are audit and supervisory committee members) President Shin Kamagata (Reappointed) Director Group President, Engineering Group Shu Obara (Reappointed) Director Group President, Sales & Marketing Group Hiroshi S

  27. Slide 27: Appendix. Sales by industrial segments round number (Quarterly Basis)

    Appendix. Sales by industrial segments round number (Quarterly Basis) (Yen in hundred millions) FY2024 FY2025 FY2025 Composition 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q ratio ‘ General Industrial 111 115 122 121 141 144 162 173 30% ‘ Smartphone 99 133 130 102 104 122 115 102 22% ‘ Consumer/Mobile devices 84 96 89 7

  28. Slide 28: © 2026 HIROSE ELECTRIC CO., LTD. All rights reserved.

    © 2026 HIROSE ELECTRIC CO., LTD. All rights reserved.

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