Sumco Corporation · TSE:3436

Sumco — Sumco Corp Ord — FY2024 Earnings Presentation

15 slides from Sumco's earnings presentation, Feb 7, 2024

  1. Slide 1: Results for Fiscal Year 2024 (Ended December 31, 2024)

    Results for Fiscal Year 2024 (Ended December 31, 2024) February 7, 2025 SUMCO Corporation （Code：3436） （LEI：353800SUSRUOM0V6KU92） 4Q-2024 Results SUMCO CORPORATION Feb. 7, 2025 1 Notes Regarding the Forecasts This material is prepared for the purpose of continuous disclosure to general shareholders a

  2. Slide 2: Contents; Summary and Market Environment

    Contents ■ Summary and Market Environment ■ FY2024 Consolidated Business Result • Summary of Consolidated Business Result • Analysis of Changes in Operating Profit • Consolidated Balance Sheet and Consolidated Cash-Flow ■ 1Q-2025 Consolidated Business Forecast • Consolidated Business Forecast • Anal

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

    1-1. Summary ■ 4Q-2024 Consolidated Business Result (Billions of Yen) 4Q-2024 4Q-2024 Change Forecast Actual Net Sales 97.0 100.0 +3.0 Operating Profit 5.0 7.0 +2.0 Ordinary Profit 7.0 11.4 +4.4 Profit (Note) 4.0 3.6 (0.4) Exchange Rate (Yen/US$) 150.0 149.2 (0.8) ■ 1Q-2025 Consolidated Business For

  4. Slide 4: 2-1. 200mm Wafer Trend; 2-2. 300mm Wafer Trend

    2-1. 200mm Wafer Trend （Source： SUMCO’s estimation) 4Q-2024 Results SUMCO CORPORATION Feb. 7, 2025 7 2-2. 300mm Wafer Trend （Source： SUMCO’s estimation) 4Q-2024 Results SUMCO CORPORATION Feb. 7, 2025 8

  5. Slide 5: 2-3. Market Environment; 2-4. Small-Diameter Wafers

    2-3. Market Environment ■ 4Q-2024  Volume - Shipments of 300 mm wafers were flat after a moderate recovery through 3Q. - Shipments remained slow for 200 mm and smaller wafers.  Pricing - Long-term contract prices were honored for both 300 mm and 200 mm wafers. ■ 1Q-2025 Forecast  Volume - 300 mm

  6. Slide 6: 2-5. Business Structural Reforms with Focus on Advanced Product

    2-5. Business Structural Reforms with Focus on Advanced Product Amid accelerating semiconductor technology innovation, particularly for AI, we will focus management resources on boosting supply capacity for 300 mm leading-edge products and strive to further raise corporate value. ■ Reorganizing Prod

  7. Slide 7: 3-1. Structures of leading-edge devices using wafer bonding

    3-1. Structures of leading-edge devices using wafer bonding Logic DRAM NAND CIS Backside power delivery network HBM （BSPDN） Structure Memory DRAM 8-12 layers Logic/IO To avoid increasing DRAMs are stacked on To maximize photodiode interconnect resistance To realize shorter Purpose top of control log

  8. Slide 8: 3-3. DRAM bit demand forecast; 3-4. 300 mm wafer demand for DRAM

    3-3. DRAM bit demand forecast  Growth for data centers is strong.  Demand growth for PCs and smartphones also continues. CAGR(2023-2027) = 19% (Source: Estimated by SUMCO based on data from multiple market research firms) 4Q-2024 Results SUMCO CORPORATION Feb. 7, 2025 15 3-4. 300 mm wafer demand f

  9. Slide 9: 3-5. NAND bit demand forecast; 3-6. 300 mm wafer demand for NAND

    3-5. NAND bit demand forecast  Growth rate for data centers is high.  Demand growth for smartphones and PCs also continues. CAGR(2023-2027) = 21% (Source: Estimated by SUMCO based on data from multiple market research firms) 4Q-2024 Results SUMCO CORPORATION Feb. 7, 2025 17 3-6. 300 mm wafer deman

  10. Slide 10: 4-1. Customers' 300mm Wafer Inventory Trend

    4-1. Customers’ 300mm Wafer Inventory Trend （Source： SUMCO’s estimation) 4Q-2024 Results SUMCO CORPORATION Feb. 7, 2025 19 4-2. Customers’ 300mm Wafer Inventory (Logic/Memory) （Source： SUMCO’s estimation) 4Q-2024 Results SUMCO CORPORATION Feb. 7, 2025 20

  11. Slide 11: 5-1. Summary of Consolidated Business Result

    FY2024 Consolidated Business Result Shinichi Kubozoe Representative Director, Executive Vice President, Chief Financial Officer 4Q-2024 Results SUMCO CORPORATION Feb. 7, 2025 21 5-1. Summary of Consolidated Business Result (Billions of Yen) FY2023 FY2024 Actual Change Actual 1Q 2Q 3Q 4Q Total Net sa

  12. Slide 12: 5-2. Operating Profit Changes; 5-3. Balance Sheet and Cash-Flow

    5-2. Analysis of Changes in Operating Profit 1. 3Q-2024 Actual → 4Q-2024 Actual 2. FY2023 Actual → FY2024 Actual (Billions of Yen) (Billions of Yen) 3Q-2024 4Q-2024 FY2023 FY2024 Change Change Actual Actual Actual Actual Net Sales 98.4 100.0 +1.6 Net Sales 425.9 396.6 (29.3) Operating Profit 9.1 7.0

  13. Slide 13: 6-1. 1Q-2025 Consolidated Business Forecast

    1Q-2025 Consolidated Business Forecast 4Q-2024 Results SUMCO CORPORATION Feb. 7, 2025 25 6-1. 1Q-2025 Consolidated Business Forecast (Billions of Yen) 1Q-2024 4Q-2024 1Q-2025 Chage Chage Actual Actual Forecast YoY QoQ Net sales 93.5 100.0 102.0 +8.5 +2.0 Operating profit 8.6 7.0 4.5 (4.1) (2.5) Non-

  14. Slide 14: 6-2. Analysis of Changes in Operating Profit; Reference Materials

    6-2. Analysis of Changes in Operating Profit 1. 4Q-2024 Actual → 1Q-2025 Forecast 2. 1Q-2024 Actual → 1Q-2025 Forecast (Billions of Yen) (Billions of Yen) 4Q-2024 1Q-2025 1Q-2024 1Q-2025 Change Change Actual Forecast Actual Forecast Net Sales 100.0 102.0 +2.0 Net Sales 93.5 102.0 +8.5 Operating Prof

  15. Slide 15: Quarterly Trend

    ■ Quarterly Trend FCST 4Q-2024 Results SUMCO CORPORATION Feb. 7, 2025 29 URL https://www.sumcosi.com/english/ 4Q-2024 Results SUMCO CORPORATION Feb. 7, 2025 30

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