Slide 1: 3Q FY2024/12 Results Briefing
Tokyo Stock Exchange Prime Market 6143 3Q FY2024/12 Results Briefing Sodick Co., Ltd. November 8, 2024
Slide 2: 3Q FY2024/12 Financial Results Summary
3Q FY2024/12 Financial Results Summary
Slide 3: Financial Results Highlights (3Q FY2024/12)
Financial Results Highlights (3Q FY2024/12) Return to profitability for two consecutive quarters due to increased sales volume and progress in structural reforms Consolidated Results Net sales: 51 billion yen +2.1% YoY Operating profit: 0.8 billion yen –% Net sales increased due to a slight increase
Slide 4: Financial Results Highlights (3Q FY2024/12)
Financial Results Highlights (3Q FY2024/12) Although net sales decreased slightly from the previous quarter, the gross profit margin continued to increase due to progress in structural reforms. Also made progress in reducing SG&A expenses in the current quarter, resulting in operating profit inc
Slide 5: Analysis on Change in Operating Profit / Loss
Analysis on Change in Operating Profit / Loss Despite progress in reducing cost of sales due to the effects of structural reforms, gross profit decreased by about 0.1 billion yen from the previous quarter due to the lower net sales. (Gross profit margin remained the same) SG&A expenses decreased
Slide 6: Trends in Net Sales and Operating Profit Margin (Quarterly)
Trends in Net Sales and Operating Profit Margin (Quarterly) 25,000 Net sales Recovery from the Machine tool sales Operating COVID-19 crisis fell sharply and then, Progress in reducing profit margin Net sales decreased plant utilization rates cost of sales and fixed (million yen) due to the spread of
Slide 7: Financial Results by Segment
Financial Results by Segment FY2023 FY2023 FY2023 FY2023 FY2024 FY2024 FY2024 (million yen) QoQ Change 1Q 2Q 3Q 4Q 1Q 2Q 3Q Machine tool segment 12,227 11,973 11,084 11,421 11,471 13,404 12,333 -8.0% Industrial machinery 2,393 2,024 1,949 2,262 1,994 2,438 1,963 -19.5% Net sales segment Food machine
Slide 8: Financial Results by Segment: Machine Tool Segment
Financial Results by Segment ■ Machine Tool Segment Trends in net sales (Quarterly) (million yen) Japan: Demand for production of automobile and 16,000 semiconductor are sluggish due to stagnant 12,333 investment, while that of electronic and aircraft parts 12,000 is strong. The effect of subsidies
Slide 9: Financial Results by Segment: Industrial Machinery Segment
Financial Results by Segment ■ Industrial Machinery Segment Trends in net sales (Quarterly) (million yen) 4,000 Japan: Demand for smartphones and electronic components for data centers are recovering. 3,000 1,963 Automobile-related demand remained weak. 2,000 Greater China: Businesses of smartphone
Slide 10: Financial Results by Segment: Food Machinery Segment
Financial Results by Segment ■ Food Machinery Segment Trends in net sales (Quarterly) (million yen) 3,000 ・Demand for facilities related to noodle making machine and aseptically-packaged cooked rice 1,981 2,000 production systems in Japan and overseas remained strong. Net sales ・Sales are recovering
Slide 11: Financial Results by Segment: Other Segments
Financial Results by Segment ■ Other Segments Trends in net sales (Quarterly) (million yen) (Precision dies and mold operations involving the contract 2,000 manufacturing of precision connectors and other products; and elemental technology operations involving the sale of linear motors, ceramics com
Slide 12: Balance Sheet
Balance Sheet Total assets increased by about 4.2 billion yen from the end of the previous year Cash and deposits increased significantly due to the transfers of time deposits from non-current assets to cash and deposits, increased borrowing, and compensation for the relocation of Suzhou Factory (
Slide 13: Trends in JMTBA Order Volume and Sodick EDM Order Volume
Trends in JMTBA Order Volume and Sodick EDM (Electrical Discharge Machine) Order Volume Trends in JMTBA Machine Tool Orders (amount) and Sodick EDM Orders (units) (0.1 billions of yen) (Unit) 2,000 Record-high monthly orders in Sodick (2021/3) A fall due to the 1,500 2008 financial crisis Demand inc
Slide 14: Trends in Sodick EDMs Order Volume by Region (Quarterly)
Trends in Sodick EDMs Order Volume by Region (Quarterly) Prolonged production adjustment of EV. Demand for aircraft North and Amid slump in automobile sales due to revising EV Europe and medical devices is strong. South America investment and reduction in purchases, demand for aircraft, electronic c
Slide 15: FY2024/12 Full-year Financial Results Projections
FY2024/12 Full-year Financial Results Projections The cumulative third quarter financial results progressed as expected compared to the FY2024/12 full-year results projections, which were announced on August 8. The full-year projections remain unchanged because there have been no major changes i
Slide 16: FY2024/12 Financial Results Projections (by Segment)
FY2024/12 Financial Results Projections (by Segment) Machine tools: Both net sales and segment profit are expected to progress favorably. Industrial machinery: Net sales are progressing at 68%, which is as expected. Full-year financial results projections are expected to be achieved. Food mach
Slide 17: Progress in Cash Allocation (Three-Year Medium-Term Management Plan)
Progress in Cash Allocation (Three-Year Medium-Term Management Plan) Aggressive allocation of capital to growth investments Scrutinizing promising R&D investments and strategic investment projects, accelerating the speed of growth investments in the future <Investment <Medium-term management pla
Slide 18: Financial Goal
Financial Goal Indicators Targets 2023 Results 2024 Forecasts Capital ROE efficiency (5-year average) 8% or more 3.5% 3.1% Financial soundness Equity ratio 50% or more 57.5% 57.6% DOE*1 2% or more* 2.2% 2.3% Return to Shareholders Total return ratio*2 40% or more –*3 164% * Dividends per share: 27 y
Slide 19: Return to Shareholders
Return to Shareholders Basic Policy Dividend on equity (DOE) 2% or more(*1) and total return ratio 40% or more ■ Dividends per share 35 30 25 20 15 29 29 25 25 26 27 22 24 Interim 10 14 yen 5 Year-end 15 yen 0 2017/12 2018/12 2019/12 2020/12 2021/12 2022/12 2023/12 2024/12 DOE 2.3 2.1 2.1 2.1 2.1 2.
Slide 20: Appendix
Appendix 1. Trends in Financial Results 2. Trends in Indexes 3. Trends in Financial Results by Segment 4. Numbers of Sodick EDMs Ordered and Sold 5. Overseas Sales Ratio by Segment 6. Maintenance Service Ratio 7. Sustainability 8. Composition of Segments and Key Products 9. New Products 10. Exhibiti
Slide 21: Trends in Financial Results (Quarterly)
Trends in Financial Results (Quarterly) (million yen) 1Q 2Q 3Q 4Q 1H 2H Full year FY2022/12 YoY YoY YoY YoY YoY YoY YoY Net sales 19,604 136.9% 19,712 97.6% 20,441 105.0% 20,737 97.8% 39,317 113.9% 41,178 101.3% 80,495 107.1% Cost of sales 13,050 135.0% 13,126 99.7% 13,865 110.3% 13,629 96.9% 26,176
Slide 22: Trends in Indexes
Trends in Indexes Number of employees (Persons) 18/12 19/06 19/12 20/06 20/12 21/06 21/12 22/06 22/12 23/06 23/12 24/09 Non-consolidated 755 801 841 869 886 914 924 987 1,087 1,170 1,183 1,190 Consolidated 3,676 3,625 3,579 3,576 3,633 3,670 3,683 3,772 3,746 3,778 3,562 3,450 *Not including transfe
Slide 23: Trends in Financial Results by Segment
Trends in Financial Results by Segment 1Q 2Q 3Q 4Q 1H 2H Full year FY2022/12 YoY YoY YoY YoY YoY YoY YoY Net sales 14,096 135.8% 14,149 102.8% 14,318 109.3% 13,928 97.8% 28,245 117.0% 28,247 103.3% 56,492 109.7% Machine tool Operating profit 2,143 238.6% 1,795 79.5% 1,568 74.5% 1,539 80.4% 3,938 124
Slide 24: Numbers of Sodick EDMs Ordered and Sold
Numbers of Sodick EDMs Ordered and Sold Number of EDM ordered (Units) FY2022/12 FY2023/12 FY2024/12 1Q 2Q 3Q 4Q Total 1Q 2Q 3Q 4Q Total 1Q 2Q 3Q 4Q Total North and South 81 58 56 83 278 70 63 70 74 277 65 68 61 194 America Europe 96 106 58 94 354 70 56 83 76 285 63 57 43 163 Greater China 578 619 34
Slide 25: Overseas Sales Ratio by Segment
Overseas Sales Ratio by Segment (million yen) North and South Japan Europe Greater China Asia America 12,000 10,000 Others Food 8,000 machinery Industrial machinery 6,000 Machine tools 4,000 2,000 0 FY2023 2023年 FY2024 2024年 FY2023 2023年 FY2024 2024年 FY2023 2023年 FY2024 2024年 FY2023 2023年 FY2024 202
Slide 26: Maintenance Service Ratio
Maintenance Service Ratio Quarterly trends in maintenance services and Breakdown of machine sales and maintenance/ services/ consumables sales consumables (million yen) 4,000 Machine tools 3Q FY2023 3Q FY2024 3,500 9,745 9,206 3,000 Maintenance 2,500 services and 9,206 26.1% 9,745 26.2% 2,000 consum
Slide 27: Sustainability (registered as Future Technology Heritage)
Sustainability (registered as Future Technology Heritage) Two models of Die-sinker EDM developed at the time of the founding were registered as Essential Historical Materials for Science and Technology (MIRAI Technology Heritage) by the National Museum of Nature and Science. Japaxtron D3 (1954), Fir
Slide 28: Composition of Segments and Key Products
Composition of Segments and Key Products Segment Machine tools Industrial machinery Food machinery Die-sinker EDM Wire-cut EDM Horizontal injection molding machine Noodle making machines (noodle production line) Small-hole drilling EDM Metal 3D printer Aseptically-packaged cooked rice production sys
Slide 29: New Products Released in 3Q FY2024
New Products Released in 3Q FY2024 ◆ Linear motor drive precision metal 3D printer OPM 250L+ Preventing molding defects by the molding monitoring Metal 3D function, and achieving long-term, high-speed, stable printers modeling and reduced maintenance frequency through improved fume processing capa
Slide 30: 3Q FY2024 Exhibition Information
3Q FY2024 Exhibition Information Overview ◆IMTS2024 (International Manufacturing Technology Show) Period: September 9-14, 2024(6 days) Venue: Chicago, Illinois, USA Visitors: 89,020 Exhibition ： Wire-cut EDM, Die-sinker EDM, Small-hole drilling EDM, Machining center Exhibiting in three themes: aeros
Slide 31: References: Web Exhibition and Official YouTube Channel
References: Web Exhibition and Official YouTube Channel Our website URL: https://www.sodick.co.jp/ Introducing our latest machines and technologies with a video at Sodick Web Exhibition A wide range of contents including our group's overseas YouTube channel is also open! sites is also availabl
Slide 32: Notes
Notes This presentation material has been prepared exclusively for the purpose of providing information; the material was not created to advertise, solicit, market, etc., specific products or shares of the Company. The information included in this material is not required by the Financial Instrument