Nippon Chemi-con Corporation · TSE:6997
Nippon Chemi-con — FY2025 Earnings Presentation
15 slides from Nippon Chemi-con's earnings presentation, May 2026
Slide 1: Financial Results Explanatory Material for FY2025
Financial Results Explanatory Material for FY2025 (FY ended March 31, 2026) TSE Prime Market, Securities code:6997 NIPPON CHEMI‐CON CORPORATION May 2026 0
Slide 2: Trend in Quarterly Earnings
Trend in Quarterly Earnings Net Sales Operating Margin (%) Unit: Million yen Trends in Net Sales and Operating Margin 45,000 8% 41,137 39,203 40,000 7% 6.9% 36,676 35,680 34,718 35,897 35,000 6.4% 33,361 31,858 6% 5.9% 30,885 5.8% 30,911 30,618 30,000 29,296 5% 25,000 4.3% 4.6% 4% 3.9% 20,000 3% 15,
Slide 3: Main Points of FY2025 Financial Results
Main Points of FY2025 Financial Results Main Points Net Sales ◇ Net sales (Market Trends) ◆ICT market The market was firm, mainly on the mass production of large-sized 136,821 million yen aluminum electrolytic capacitors for AI servers and hybrid YoY +11.5% capacitors. ◆Automotive electronics market
Slide 4: FY2025 Consolidated Results (YoY)
FY2025 Consolidated Results (YoY) Profit decreased due to soaring material prices despite an increase in net sales thanks to AI server growth and a recovery of the industrial equipment and automotive electronics markets Unit: Million yen, % FY2024 FY2025 YoY Results Results Change % Change Net Sales
Slide 5: FY2025 Net Sales by Product (YoY)
FY2025 Net Sales by Product (YoY) Net sales from aluminum electrolytic capacitors increased mainly on growth in data center demand (including AI servers) Unit: Million yen, % FY2024 FY2025 YoY Amount % of total Amount % of total Change % Change Aluminum electrolytic 106,114 86.5% 120,025 87.7% +13,9
Slide 6: Net Sales Trends by Market and Region
FY2025 Net Sales Trends Net Sales by Market Net Sales by Region Unit: Billion yen Unit: Billion yen 140 136.8 140 136.8 122.7 122.7 120 120 40.1 Automotive 29% Greater 58.1 100 electronics 100 China 42% 43.9 36% 48.6 80 28.2 80 40% Industrial 21% Equipment 5.1, 4% Japan 26.2 60 24.3, 36% 6.9, 5% 60
Slide 7: Operating Profit (YoY)
FY2025 Operating Profit (YoY) Unit: Billion yen 12 1.0 10 6.1 -0.3 -0.5 -1.1 8 ＋ Increased AI server demand -1.3 6 ＋ Cost reductions through VA(Value -1.3 Analysis) initiatives － Increase in manufacturing fixed costs 4 3.7 due to increased production 3.4 － Exchange rate fluctuations (yen appreciatio
Slide 8: Financial Results Summary (Statement of Cash Flow)
FY2025 Financial Results Summary (Statement of Cash Flow) Free cash flow increased YoY mainly due to an increase in net income before taxes and other adjustments and the receipt of settlement payments from the Taiwan Fair Trade Commission The balance of cash and cash equivalents decreased YoY due to
Slide 9: Capital Investment and R&D Investment Results
FY2025 Capital Investment and R&D Investment Results FY2025: Executed capital investment policy focused on selection and concentration targeting (FY2024: Conducted capital investments related to establishing a new manufacturing building for hybrid capacitors) Unit: Million yen FY2024 Results FY2025
Slide 10: View on FY2026 Business Environment
View on FY2026 Business Environment Business environment assumptions Macro-environment Stagnant procurement sentiment due to inflation factors such as tariff policy risks Impact of soaring energy and materials costs triggered by geopolitical risks Impact of demand for PC components due to semiconduc
Slide 11: Main Points of FY2026 Consolidated Earnings Forecast
Main Points of FY2026 Consolidated Earnings Forecast Main points of FY2026 Accounting Net Sales ◇ Net Sales ◆ICT market Forecasting strong increase in demand centered on AI servers 160,000 million yen ◆Automotive electronics market YoY +16.9% Forecasting strong increase in sales on increased volume
Slide 12: FY2026 Full-Year Earnings Forecast
FY2026 Full-Year Earnings Forecast Forecasting increased net sales and profit from aggressive sales to growth markets, particularly AI servers FY2025 FY2026 Unit: Million yen Full-year 1H Plan 2H Plan Full-Year Plan Change % Change Results Net Sales 136,821 77,000 83,000 160,000 +23,179 +16.9% Opera
Slide 13: FY2026 Product-specific Sales Forecast
FY2026 Product-specific Sales Forecast Forecasting increased sales, mainly from large-sized aluminum electrolytic capacitors and hybrid capacitors for AI servers FY2026 FY2025 Unit: Million yen YoY Rate of Results 1H Plan 2H Plan Full-Year Plan YoY Change Change (%) Aluminum electrolytic 120,025 69,
Slide 14: FY2026 Analysis of Factors Behind YoY Change in Operating Profit
FY2026 Analysis of Factors Behind YoY Change in Operating Profit Unit: Billion yen 16 14 0.6 0.8 1.5 -0.4 12 -0.5 7.2 10 -1.9 8.0 8 ＋ Continued increase in AI server demand -2.7 ＋ Selling price fluctuations(including product mix) 6 ＋ Cost reductions through VA(Value Analysis) initiatives 4 3.4 － Soa
Slide 15: Disclaimer
Disclaimer This material has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. The projected performance figures in this material are based on information ava