Yamaichi Electronics Co., Ltd. · TSE:6941
Yamaichi Electronics — H1 FY2024 Earnings Presentation
15 slides from Yamaichi Electronics's earnings presentation, Nov 6, 2024
Slide 1: Financial Results for Second Quarter (Semi-Annual) FY2024
Financial Results for Second Quarter (Semi-Annual) FY2024 Nove mber 6 , 2 0 2 4 1/15
Slide 2: Contents
Contents 1．1H FY2024 Results 2．FY2024 Forecast 3．Dividends Abbreviations used in this presentation Business segment Abbreviation Test Solution Business TS Business Connector Solution Business CS Business Optical-Related Business OPT Business 2/15
Slide 3: Results
1．1H FY2024 Results Results 1H FY2024 YoY YoY 1H FY2023 Forecast （Billions of JPY） change change results (as of Aug. Results (amount) (％) 6,2024) Net Sales 18.6 27.0 27.5 8.9 +48.2% Operating Income 1.5 6.0 6.8 5.2 +335.3% Ordinary Income 1.6 6.1 6.1 4.4 +270.0% Net Profit 1.1 4.3 4.0 2.8 +241.4% EP
Slide 4: Results by Business
1．1H FY2024 Results Results by Business 1H FY2024 YoY YoY 1H FY2023 Forecast （Billions of JPY） change change results (as of Results (amount) (%) Aug. 6, 2024) TS Sales 7.9 16.6 17.1 9.1 +115.0% Business Operating income 0.8 5.5 6.3 5.5 +651.1% CS Sales 9.9 9.8 9.8 (0.0) -0.5% Business Operating inco
Slide 5: TS Business Results
1．1H FY2024 Results TS Business Results TS YoY change YoY change Business (billions of JPY) (%) Sales 9.1 115.0% Operating income 5.5 651.1% ◆ Sales of core test sockets for smartphones were strong. ◆ Sales of logic semiconductor sockets designed for use with PCs and servers remained level YoY, whil
Slide 6: CS Business Results
1．1H FY2024 Results CS Business Results CS YoY change YoY change Business （Billions of JPY） (%) Sales (0.05) -0.5% Operating income (0.0) -5.1% ◆ Despite ongoing economic friction between the US and China, we observed particularly strong sales of products used in communication equipment for data cen
Slide 7: Forex Impact on Results
1．1H FY2024 Results Forex Impact on Results Forex rate 1H FY2023 1H FY2024 YoY change USD (JPY) 141.00 152.63 ＋11.63 EUR (JPY) 153.39 165.95 ＋12.56 YoY forex impact Net sales JPY 1.96 billion Operating income JPY 1.08 billion Forex Impact on Impact on sensitivity operating net sales (JPY1/year) inco
Slide 8: Capex and Depreciation
1．1H FY2024 Results Capex and Depreciation 8/15
Slide 9: Shareholder Returns
1．1H FY2024 Results Shareholder Returns ◆ FY2024 Purchase of Treasury Shares Purchase of treasury shares Board of Directors’ resolution (based on settlement as of October 31, 2024) Maximum number Maximum Acquisition period Number of Resolution date of shares to be Purchase price acquired purchase pr
Slide 10: Business Highlight: Toward a More Environmentally Friendly Base
1．1H FY2024 Results Business Highlight：Toward a More Environmentally Friendly Base The Yamaichi Electronics Group has set goals to reduce CO2 emissions 40% by 2030 (compared to the intensity standard of FY 2021) and achieve carbon neutrality by 2050. In 2024, we installed new solar panels at two loc
Slide 11: Forecast for Full-Year FY2024
2．FY2024 Forecast Forecast for Full-Year FY2024 ◆ No revisions to full-year consolidated earnings forecast FY2023 FY2024 full year （Billions Forecast YoY YoY of JPY） Full-year Current (as of change change actual Aug. 6,2024) forecast (amount) (％) Net sales 36.4 48.7 48.7 12.2 +33.7% Operating 2.9 8.
Slide 12: Individual Segment Forecasts for Full-Year FY2024
2．FY2024 Forecast Individual Segment Forecasts for Full-Year FY2024 ◆ Consolidated earnings forecasts for individual business segments have been changed. FY2024 Full-year FY2023 Forcast YoY YoY （Billions of JPY） Full-year Current (as of change change actual forecast Aug. 6, 2024) (amount) (％) TS Sal
Slide 13: Individual Segment Forecasts for Full-Year FY2024
2．FY2024 Forecast Individual Segment Forecasts for Full-Year FY2024 TS Business: ◆ With regard to test sockets, we anticipate the rest of FY2024 will be primarily dedicated to new product development for FY2025. ◆ We anticipate steady performance from sockets for DRAM memory semiconductors and expec
Slide 14: Dividends in FY2024
3．Dividends Dividends in FY2024 ◆ Dividend of surplus (interim dividend) Latest dividend forecast Previous interim dividend Updated dividend (disclosed on August 6, 2024) (1H FY2023) Reference date September 30, 2024 Same as left September 30, 2023 Dividend per share JPY 35 Same as left JPY 18 Total
Slide 15: Thank you for your attention.
Thank you for your attention. (Q3 FY2024 results are scheduled for release at 3:30 p.m. on Wednesday, February 5, 2025.) Disclaimer This material is intended to provide information on the Group’s business, management strategies, and performance as of November 6, 2024 and is not intended as a solicit
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