Daifuku Co., Ltd. · TSE:6383
Daifuku — Q1 2025 Earnings Presentation
24 slides from Daifuku's earnings presentation, May 13, 2025
Slide 1: First Quarter FY2025 Consolidated Financial Results
First Quarter of the Fiscal Year Ending December 31, 2025 (January 1, 2025–March 31, 2025) Consolidated Financial Results May 13, 2025 Prepared in accordance with accounting principles generally accepted in Japan Translated from the original Japanese-language document [6383]
Slide 2: Change in Fiscal Year-End
Change in Fiscal Year-End Effective from the fiscal year ended December 31, 2024, the fiscal year-end (the closing date of the fiscal year) of the Company has been changed from March 31 to December 31 every year. As stated below, although the first quarter of the fiscal year ended December 31, 2024
Slide 3: Financial Summary
Financial Summary Fiscal 2025 Q1 results Orders received Net sales Operating income Operating margin ¥ 143.1 billion ¥ 160.2 billion ¥ 23.2 billion 14.5% Change Change Change Change -¥ 40.5 billion +¥ 15.1 billion +¥ 6.8 billion + 3.2pt -22.1％ +10.5％ +41.6％ Orders for cleanroom systems remained stro
Slide 4: Financial Results
01 Financial Results © Daifuku Co., Ltd. 3
Slide 5: Fiscal 2025 Q1 Results (January 1-March 31, 2025)
Fiscal 2025 Q1 Results (January 1ｰMarch 31, 2025) Sales, operating income, ordinary income, and net income attributable to shareholders of the parent company reached new record highs for the first quarter of the fiscal year. Change (Billion yen) FY2024 Q1*1 FY2025 Q1 Amount Rate Orders received 183.
Slide 6: Factors for Change in Operating Income
Factors for Change in Operating Income The gross margin benefited from efforts to reduce costs, including steps to 01 increase production efficiency, and an increase in service sales, which are highly profitable, due to seasonal factors. (Billion yen) 01 +1.15 +2.25 -0.10 +3.50 23.2 16.4 FY2024 Q1*
Slide 7: Results by Reportable Segment
Results by Reportable Segment Daifuku Daifuku North America Sales remained favorable in all business areas, underpinned by an extensive order 01 backlog from the end of the previous fiscal year. Segment income increased due to 02 Orders fell, given a reactionary fall from the first quarter of the pr
Slide 8: Consolidated Balance Sheets
Consolidated Balance Sheets (Billion yen) Dec. 31, 2024 Mar. 31, 2025 Change (Billion yen) Dec. 31, 2024 Mar. 31, 2025 Change Current assets 531.5 516.5 -15.0 Current liabilities 214.2 207.4 -6.8 Cash on hand and Notes and accounts in banks 221.5 213.4 -8.1 81.7 78.5 -3.2 payable Notes and accounts
Slide 9: Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows (Billion yen) Operating activities Investing activities (Billion yen) FY2024 Q1* FY2025 Q1 Change Financing activities Free cash flow 19.6 Cash flows from operating activities 9.5 19.6 +10.0 11.9 10.3 9.5 Cash flows from investing activities 0.7 -7.6 -8.4 Free c
Slide 10: Orders and Sales by Destination
Orders and Sales by Destination Japan North America South Korea, Taiwan 01 Orders declined for intralogistics 02 Orders declined for airport 03 Orders and Sales increased in systems. systems. cleanroom systems. Orders*2 Sales (Billion yen) FY2024 Q1*1 % of subtotal FY2025 Q1 % of subtotal YoY change
Slide 11: Orders and Sales by Industry
Orders and Sales by Industry Electronics Commerce, retail Transportation, warehousing Airport 01 Orders increased due to a recovery in 02 Orders declined in North 03 Orders declined in Japan and 04 Orders fell, given a reactionary fall advanced semiconductor investment. America. North America. from
Slide 12: Quarterly Orders, Sales, and Operating Margin
Quarterly Orders, Sales, and Operating Margin Net sales Operating margin 14.4% 14.5% 13.8% 12.8% 11.5% 11.3% 7.4% 6.1% FY2023 FY2024 FY2025 (Billion yen) Q1 Q2 Q3 Q4 Q1 Q2 H2* Q1 Net sales 134.5 146.7 156.1 174.0 145.0 157.5 260.6 160.2 Operating income 8.2 10.8 18.0 24.9 16.4 21.7 33.4 23.2 * Resul
Slide 13: Order Backlogs
Order Backlogs (Billion yen) 635.5 628.2 628.5 601.1 598.9 596.9 599.9 583.6 Q1 Q2 Q3 Q4 Q1 Q2 H2 Q1*2 FY2023 FY2024*1 FY2025 *1 The consolidation period differs. For details, see “Change in Fiscal Year-End” on page 1. *2 Including the impact of exchange rate fluctuations on orders outstanding at th
Slide 14: Service Sales
Service Sales Service sales decreased due to the withdrawal from some airport service 01 operations in North America. Service sales Ratio to net sales 01 31% 31% 30% 31% 29% 26% 27% 25% 63.9 52.3 47.6 45.1 41.5 43.1 40.5 42.9 FY2023 FY2024 FY2025 (Billion yen) Q1 Q2 Q3 Q4 Q1 Q2 H2* Q1 169.7 Total 18
Slide 15: Quarterly Net Sales by industry
Quarterly Net Sales by industry FY2023 FY2024 FY2025 (Billion yen) Q1 Q2 Q3 Q4 Q1 Q2 H2* Q1 Automobile, auto parts 16.1 19.1 21.1 25.0 16.4 21.6 37.0 20.7 Electronics 44.9 48.5 50.8 59.2 48.3 56.5 92.2 58.4 Commerce, retail 36.2 36.0 38.5 36.6 33.6 30.2 46.0 34.0 Transportation, warehousing 4.8 4.9
Slide 16: Earnings Forecast
02 Earnings Forecast © Daifuku Co., Ltd. 15
Slide 17: Earnings Forecast Summary
Earnings Forecast Summary FY2025 Forecast Orders received Net sales Operating income H1 FY H1 FY H1 FY ¥ 400.0 bn ¥ 700.0 bn ¥ 320.0 bn ¥ 650.0 bn ¥41.1 bn OP margin 12.8% 81.5 ¥ bn OP margin 12.5% From the February forecast From the February forecast From the February forecast Revised downward Revi
Slide 18: Fiscal 2025 Forecast (Consolidated)
Fiscal 2025 Forecast (Consolidated) FY2024 FY2025 forecast FY2024 H1 YoY change FY Change (Billion yen) H1 adjusted* Announced on Change (c-a) Announced on Change (d-b) FY [b] [a] May 13 from the May 13 from the Feb. 14 Feb. Amount Rate Feb. 14 Feb. Amount Rate [c] [d] Orders received 333.9 594.7 65
Slide 19: Impact and Response to US Trade Policy, etc.
Impact and Response to US Trade Policy, etc. The United States is one of our priority markets, accounting for 40.7 billion yen in net sales and a composition ratio of 25% for the first quarter of the fiscal year ending December 31, 2025 (167.7 billion yen and a composition ratio of 30% for the previ
Slide 20: Topics
03 Topics © Daifuku Co., Ltd. 19
Slide 21: New Plant Launches to Meet Rapidly Growing Automation Needs in India
New Plant Launches to Meet Rapidly Growing Automation Needs in India Daifuku Group company Daifuku Intralogistics India Pvt. Ltd., has constructed a new manufacturing plant in Hyderabad, launching full-scale operations in April 2025. This plant is part of Daifuku's Intralogistics business, which han
Slide 22: Listed on the JPX-Nikkei Index Human Capital 100
Listed on the JPX-Nikkei Index Human Capital 100 Daifuku Co., Ltd. has been selected as a constituent stock of the new stock index JPX-Nikkei Index Human Capital 100, which focuses on human capital. The index was developed by JPX Market Innovation & Research, Inc. and Nikkei Inc. and will begin calc
Slide 23: Strategic Partnership Agreement with JDSC
Strategic Partnership Agreement with JDSC Daifuku Co,, Ltd and Japan Data Science Consortium Co. Ltd. (JDSC) concluded an agreement to form a strategic partnership. With this agreement, we will accelerate the utilization of AI technology, promote DX, and develop human resources in the digital field,
Slide 24: Cautionary Statement with Respect to Forward-Looking Statements
Cautionary Statement with Respect to Forward-Looking Statements The strategies, beliefs and plans related to future business performance as described in this document are not established facts. They are business prospects based on the assumptions and beliefs of the management team judging from the m