Jcu Corporation · TSE:4975
Jcu — Q1 FY3/26 Earnings Presentation
29 slides from Jcu's earnings presentation, Aug 7, 2025
Slide 1: Financial Results Briefing Material for 1Q FY3/26
Financial Results Briefing Material for the First Quarter of the Fiscal Year Ending March 2026 JCU CORPORATION TSE Prime (Stock Code: 4975) August 7, 2025 Financial Results Briefing Material for 1Q FY3/26 1
Slide 2: Summary of Consolidated Financial Results for 1Q FY3/26
Summary of Consolidated Financial Results for 1Q FY3/26 Accounting Period of 1Q FY3/26 JCU (non-consolidated): April 1 to June 30, 2025 Overseas subsidiaries: January 1 to March 31, 2025 ◼ China: Demand for PWBs and semiconductor package substrates for various high-performance electronic devices suc
Slide 3: Summary of Financial Results for 1Q FY3/26
Summary of Financial Results for 1Q FY3/26 (Millions of yen) Same period of YoY previous FY 1Q FY3/26 % Change (1Q FY3/25) Net sales 5,912 7,037 19.0% Operating profit 1,995 2,802 40.4% Ordinary profit 2,237 2,845 27.2% Profit attributable to owners of parent 1,508 2,024 34.2% Net income per share 5
Slide 4: Foreign Exchange Rates
Foreign Exchange Rates Foreign exchange sensitivity (as at the consolidated year): Changes of about 100 million yen in consolidated operating profit with 1% change in major currency rates listed below (Yen) FY3/25 FY3/26 (Initial 1Q 2Q 3Q 4Q forecast) 1Q Chinese yuan (CNY) 20.63 21.05 20.97 21.02 20
Slide 5: Changes in Consolidated Operating Profit for 1Q FY3/26
Changes in Consolidated Operating Profit for 1Q FY3/26 (Millions of yen) 3,500 ■ Positive factors (YoY change) ■ Negative factors +807 3,000 157 (51) (7) 0 258 2,500 450 2,000 Higher sales of chemicals from chemicals Increase in gross profit local currencies to JPY) (due to conversion from Effects o
Slide 6: Quarterly Consolidated Financial Results
Quarterly Consolidated Financial Results (Millions of yen) 2,971 2,877 8,000 2,657 2,802 3,000 2,669 7,000 2,288 2,500 1,995 6,000 2,000 1,716 1,379 Operating Profit 5,000 1,500 Net sales 4,000 1,000 3,000 500 2,000 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2024/3 FY3/24 2025/3 FY3/25 2026/3 FY3/26 総売上高 Total Sa
Slide 7: Quarterly Consolidated Financial Results (By Segment)
Quarterly Consolidated Financial Results (By Segment) 8,000 7,649 7,997 7,624 70.0 7,037 6,824 6,348 60.0 5,912 6,000 5,639 5,225 50.0 Net Sales (Millions of yen) 40.0 Operating Margin (%) 4,000 39.1 39.8 36.1 37.2 37.7 34.7 33.8 30.0 30.4 26.4 20.0 2,000 10.0 0 0.0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q FY3/24
Slide 8: Consolidated Segment Results for 1Q FY3/26
Consolidated Segment Results for 1Q FY3/26 (Millions of yen) 7,000 7,000 5,971 6,000 6,000 5,375 1Q FY3/25 1Q FY3/26 5,000 5,000 (Breakdown) (Breakdown) Plating machines 371 Plating machines 876 4,000 Plasma system 105 4,000 Plasma system 167 Solar power related 60 Solar power related 22 2,843 3,000
Slide 9: Quarterly Sales of Chemicals in Japan and Overseas
Quarterly Sales of Chemicals in Japan and Overseas (Millions of yen) 6,000 84% 84% 90% 81% 83% 83% 82% 78% 81% 76% 80% 5,000 70% 4,000 60% 50% 3,000 40% 2,000 30% 20% 1,000 10% 0 0% 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q FY3/24 FY3/25 FY3/26 Japan Overseas Overseas Sales Ratio Financial Results Briefing Materia
Slide 10: Chemicals for POP, Via Filling and Etching | Quarterly Sales
Chemicals for POP, Via Filling and Etching｜Quarterly Sales POP: Planting on Plastics, mainly for automotive components Via Filling: Additive for copper planting for PWBs and semiconductor package substrates, mainly for smartphones and PCs (Millions of yen) Etching: Additives for PWBs and semiconduct
Slide 11: Quarterly Sales of Chemicals by Region
Quarterly Sales of Chemicals by Region (Millions of yen) 3,500 3,000 2,500 2,000 1,500 1,000 500 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q FY3/24 FY3/25 FY3/26 日本 Japan 1,009 1,038 1,028 884 962 974 1,005 950 989 中国 China 1,591 1,931 2,432 2,569 2,181 2,657 2,895 2,890 2,570 台湾 Taiwan 692 691 851 994 809 839 945
Slide 12: Quarterly Sales of Chemicals by Category
Quarterly Sales of Chemicals by Category (Millions of yen) Consolidated YoY 18% QoQ (5)% 5,000 4,744 4,696 4,429 4,476 4,195 (Chemicals for Electronic Components) 3,974 Core Products: Via filling 4,000 3,799 PWBs, connectors, surface treatment 3,404 (plating) chemicals for semiconductor 3,053 sector
Slide 13: Quarterly Sales of Chemicals by Region: Japan
Quarterly Sales of Chemicals by Region (Millions of yen) Japan 1,000 YoY 6% 800 QoQ 9% 638 629 627 604 584 623 591 574 600 513 400 444 405 400 370 369 374 376 361 349 200 QoQ (4)% YoY (2)% 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q FY3/24 FY3/25 FY3/26 ● Chemicals for Electronic Components ▲ Chemicals for Decorat
Slide 14: Quarterly Sales of Chemicals by Region: Overseas
Quarterly Sales of Chemicals by Region (Millions of yen) Overseas YoY 20% 5,000 QoQ (7)% 4,114 4,121 3,805 3,848 4,000 3,682 3,390 3,207 3,000 2,766 2,449 2,000 YoY (8)% QoQ (13)% 1,000 784 1,010 972 854 786 837 813 835 723 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q FY3/24 FY3/25 FY3/26 ● Chemicals for Electronic
Slide 15: Quarterly Sales of Chemicals by Region: China
Quarterly Sales of Chemicals by Region (Millions of yen) China YoY 24% 3,000 QoQ (9)% 2,415 2,380 2,500 2,170 2,156 1,945 2,000 1,804 1,738 1,426 1,500 1,154 YoY (8)% 1,000 QoQ (19)% 500 651 585 510 442 492 445 487 477 411 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q FY3/24 FY3/25 FY3/26 ● Chemicals for Electronic
Slide 16: Quarterly Sales of Chemicals by Region: Taiwan
Quarterly Sales of Chemicals by Region (Millions of yen) Taiwan YoY 20% 1,200 QoQ 4% 989 967 1,000 939 929 848 835 807 800 689 689 600 YoY 200% 400 QoQ (50)% 200 3 2 3 5 1 3 5 6 3 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q FY3/24 FY3/25 FY3/26 ● Chemicals for Electronic Components ▲ Chemicals for Decoration and F
Slide 17: Quarterly Sales of Chemicals by Region: South Korea
Quarterly Sales of Chemicals by Region (Millions of yen) South Korea YoY 9% QoQ (13)% 600 504 517 485 481 492 450 431 413 388 400 YoY (19)% QoQ (6)% 200 123 113 111 100 101 103 95 88 83 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q FY3/24 FY3/25 FY3/26 ● Chemicals for Electronic Components ▲ Chemicals for Decoration
Slide 18: Forecasts for FY3/26
Forecasts for FY3/26 (Millions of yen) Progress rate 1Q 1H Full year FY3/26 against full- (Results) (Forecasts) (Forecasts) year forecast Net sales 7,037 13,900 28,500 24.7% Operating profit 2,802 5,170 10,700 26.2% Ordinary profit 2,845 5,200 10,800 26.3% Profit attributable to owners of parent 2,0
Slide 19: Annual Sales by Business (Incl. Forecast)
Annual Sales by Business (Incl. Forecast) 30,000 28,500 60 28,356 27,137 0 0 0 2,500 24,866 2,608 24,860 4,202 25,000 35 24,256 0 1,500 50 23,120 0 Net Sales (Millions of yen) 22,319 1,307 1,718 3,178 1,709 Operating Margin (%) 4,796 27 21,192 1,435 3,194 9 2,936 1,783 20,000 2,035 40 1,345 1,429 1,
Slide 20: Capital Expenditures, Depreciation and R&D Expenses
Capital Expenditures, Depreciation and R&D Expenses R&D Expenses and Capital Expenditures Depreciation (Millions of yen) R&D/Sales ratio 9,000 1,400 1,800 10.0% 8,202 R&D Expenses 1,207 1,600 1,550 8,000 1,200 R&D/Sales ratio 1,400 8.0% 7,000 1,302 6,359 1,000 6,000 866 1,200 1,061 1,058 962 6.0% 80
Slide 21: FY3/26 Equity Policy
FY3/26 Equity Policy Dividends per share Interim dividend: 41 yen Plans to increase dividends for (Forecasts) Year-end dividend: 41 yen 16 consecutive fiscal years Year-end Interim Total distribution ratio 75.9% 49.2% 50.3% 46.9% 44.9% 45.4% 44.1% 29.7% 24.8% 24.1% 82 76 66 70 57 +¥4 45 48.5 50 37 4
Slide 22: Efforts in Addressing ESG Challenges
Efforts in Addressing ESG Challenges JCU aims to become a global company that continues to grow in a sustainable fashion by addressing ESG challenges through its business activities. Environment Social Development of environmentally responsible Ratio of female managers (non-consolidated) products 10
Slide 23: Reference
Reference ●Company Profile ●Surface Treatment Technology in Future ●Major Distribution Channels ●Major Products ●Usages of Chemicals and Typical Final Products Financial Results Briefing Material for 1Q FY3/26 23
Slide 24: Company Profile
Company Profile Founded in : December 1957 Established on : April 1, 1968 Capital stock : 1,281 million yen Non-consolidated: 16.0 billion yen / Consolidated: 28.3 billion yen Annual sales : (For the fiscal year ended March 31, 2025) Head office : TIXTOWER UENO 16F, 8-1 Higashiueno 4-chome, Taito-ku
Slide 25: Surface Treatment Technology in Future: Electronic Components
Surface Treatment Technology in Future —Electronic Components— Target Next-generation PKG substrate for AI accelerators, data centers, high-performance electronic devices Hybrid bonding 〇Expected primary application 2.xD/3D package Si substrate Memory Surface treatment technology in future 〇Performa
Slide 26: Surface Treatment Technology in Future: Decoration & Function
Surface Treatment Technology in Future —Decoration & Function— Automotive components (front grilles, door handles, emblems, etc.) Target Faucet parts (showerheads, drain plugs, etc.) Process with a low Processes of decorative plating on plastic environmental impact Surface treatment technology in fu
Slide 27: Major Distribution Channels
Major Distribution Channels Customers (sold-to) Materials (chemicals) Manufacturing/processing/assembly Products (e.g. automobiles) JCU Our overseas Decoration/ • Automobile parts Function CORPORATION subsidiaries manufacturers －Tier 1, Tier 2, etc. • Automobile manufacturers • Specialist plating co
Slide 28: Usages of Chemicals and Typical Final Products
Usages of Chemicals and Typical Final Products Description of term Final products Surface treatment chemicals for decorative and function purposes such as those for providing a Chemicals for function/decoration Automotive parts, faucet parts, construction materials, etc. metal appearance and prevent
Slide 29: Disclaimer and Contact
This material contains current plans and forecasts of future performance of JCU CORPORATION. These plans and forecast figures are prepared by the Company based on currently available information. This material does not give any assurance or guarantee of the Company’s future financial performance and