Tamura Corporation · TSE:6768

Tamura — Q1 FY2026 Earnings Presentation

42 slides from Tamura's earnings presentation, Aug 5, 2026

  1. Slide 1: Financial Results for Q1 FY2026

    Security Code: 6768 Prime Market, Tokyo Stock Exchange TAMURA CORPORATION Financial Results for Q1 FY2026 Aug 5, 2026 Translation Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this transla

  2. Slide 2: Agenda

    Agenda 1.Today’s Highlights 2.Q1 FY2026 Financial Summary 3.FY2026 Full-Year Forecast 4.Initiatives in Growth Areas Representative Director, President & COO 【Appendix】 Mitsutaka Nakamura © TAMURA CORPORATION All Rights Reserved 2

  3. Slide 3: Today’s Highlights

    Today’s Highlights Q1 FY2026 Financial Summary 1 Demand expanded for AI data center-related and • Electronic Components driven by large transformers and reactors industrial equipment applications. Sales and quarterly net • Electronic Chemicals & Soldering Systems profit declined due to rising profit

  4. Slide 4: 2. Q1 FY2026 Financial Summary

    2. Q1 FY2026 Financial Summary © TAMURA CORPORATION All Rights Reserved 4

  5. Slide 5: Q1 FY2026 Financial Results Summary

    Q1 FY2026 Financial Results Summary FY2025 FY2026 YoY Key Points [Million yen] Actual Actual Change % ・Continued expansion in demand from AI server and data center applications Sales 28,872 32,784 +3,911 +13.5% ・Automotive applications remained stable ・Industrial equipment demand returned to growth

  6. Slide 6: Q1 FY2026 Operating Profit Bridge

    Q1 FY2026 Operating Profit Bridge Unit: 100 million yen 10 -4 12 11 -7 SG&A and other • R&D investment for growth • Operational transformation through DX and AI adoption Q1 FY2025 Sales growth Material cost inflation SG&A and other expenses Q1 FY2026 -JPY 40M, -3.7% Profitability was pressured by ti

  7. Slide 7: Q1 FY2026 Quarterly Net Profit Bridge

    Q1 FY2026 Quarterly Net Profit Bridge Unit: 100 million yen 5 30 7 15 2 1 Q1 FY2025 Q1 FY2025 Gain on sale of Gain on transfer of Tax expenses and other Q1 FY2026 one-time factors investment securities equity interest in a Chinese consolidated subsidiary +JPY 2.8B Record high for the first quarter s

  8. Slide 8: Q1 FY2026 Results by Business Segment

    Q1 FY2026 Results by Business Segment Change Sales Key factors behind the changes [100 million yen] % (+) Large transformer and reactor sales expanded, driven primarily by U.S. data Q1 FY2025 Electronic 198 +14 center applications Components 211 +6.9% (+) Solid demand for transformers and reactors f

  9. Slide 9: Electronic Components

    By Business Segment: Electronic Components FY2025 FY2026 Key Factors Behind the Changes FY2026 (+) Positive Factors / (-) Negative Factors [100 million yen] Q1 Actual Q1 Actual Composition YoY FY Forecast Sales by product 198 211 100.0% 6.9% 846 Large transformers & reactors 47 60 28.4% 27.1% (+) Sa

  10. Slide 10: Electronic Chemicals & Soldering Systems

    By Business Segment: Electronic Chemicals & Soldering Systems FY2025 FY2026 Key Factors Behind the Changes FY2026 (+) Positive Factors / (-) Negative Factors [100 million yen] Q1 Actual Q1 Actual Composition YoY FY Forecast Sales by product 88 116 100.0% 31.6% 450 (+) Automotive applications remaine

  11. Slide 11: Information Equipment

    By Business Segment: *Business transfer scheduled for October 1, 2026 Information Equipment Sales decreased due to continued challenging capital expenditure conditions across the broadcasting industry FY2025 FY2026 FY2026 [100 million yen] Q1 Actual Q1 Actual YoY FY Forecast* Sales 3.1 0.9 -71% 30 O

  12. Slide 12: 3. FY2026 Full-Year Forecast

    3. FY2026 Full-Year Forecast © TAMURA CORPORATION All Rights Reserved 12

  13. Slide 13: FY2026 Full-Year Forecast

    FY2026 Full-Year Forecast Solid AI data center demand, recovery in industrial equipment demand, and improved profitability in Electronic Chemicals & Soldering Systems On track for record-high sales and operating profit while minimizing tariff and geopolitical risks, including Middle East tensions FY

  14. Slide 14: FY2026 Forecast ― By Business Segment

    FY2026 Forecast ― By Business Segment Change Sales Key factors behind the changes [100 million yen] % FY2025 815 +31 (+) Enhanced competitiveness and increased production capacity in the AI data center market Electronic Components FY2026 846 +3.7% (+) Recovery in demand for transformers and reactors

  15. Slide 15: FY2026 Forecast ― By Area

    FY2026 Forecast ― By Area Change Sales Key factors behind the changes [100 million yen] % FY2025 342 -20 (–) Information Equipment business transfer *scheduled for October 1, 2026 Japan FY2026 322 -5.8% FY2025 297 +1 (–) Production transfers to ASEAN and other regions China FY2026 298 +0.5% (+) Enha

  16. Slide 16: 4. Initiatives in Growth Areas

    4. Initiatives in Growth Areas © TAMURA CORPORATION All Rights Reserved 16

  17. Slide 17: Broad Product Exposure Across AI Data Center Infrastructure

    Broad Product Exposure Across AI Data Center Infrastructure Tamura's diverse products drive high efficiency, reliability, and stable operation in data centers, enabling sustainable growth AI Data Center Architecture and TAMURA Product Applications (Illustrative) Areas where Tamura products are used

  18. Slide 18: Data Center-Related Sales Expected to Double by FY2027 vs. FY2024

    Data Center-Related Sales Expected to Double by FY2027 vs. FY2024 Rising power density is driving advances in power supply, distribution, cooling, and protection; entry into the medium-voltage, high-capacity (MV) segment will further expand the business Rising AI power density boosts investment in p

  19. Slide 19: Business Area Expansion through EMG Technology Acquisition

    Business Area Expansion through EMG Technology Acquisition By acquiring MV technology, Tamura expands its coverage from mainly low-voltage (LV) to medium-voltage (MV), significantly broadening proposal opportunities in new markets Major Market Map for Large Transformers and Reactors TAMURA Adopted b

  20. Slide 20: EMG’s Technology × Tamura’s Global Supply Network

    EMG’s Technology × Tamura’s Global Supply Network Driving Market Expansion and Growth Acceleration Capturing power infrastructure demand driven mainly by AI data centers and accelerating global business growth across Europe, the Americas and Asia Expanding Global Reach Through Tamura’s Manufacturing

  21. Slide 21: High-Performance Materials Supporting the Evolution of AI

    High-Performance Materials Supporting the Evolution of AI Capturing Expanding AI Server Demand 1 Increasing performance requirements for materials driven by high-density assembly Driving Value-Added Growth in Electronic Chemicals & Soldering Systems 2 Differentiated materials for high-end applicatio

  22. Slide 22: 【Appendix】

    【Appendix】 © TAMURA CORPORATION All Rights Reserved 22

  23. Slide 23: Balance Sheet as of June 2026

    Balance Sheet as of June 2026 [100 million yen] 25/6 26/6 YoY 26/3 26/6 YoY Cash and bank deposit 190 179 -10 Equity ratio 47.4% 49.6% 2.2pt Trade receivables 335 332 -3 Inventories 258 284 26 Tangible fixed assets 338 334 -4 Total assets 1,324 1,311 -12 Accounts payable 170 153 -16 Interest-bearing

  24. Slide 24: Capital Expenditure, Depreciation and R&D

    Capital Expenditure, Depreciation and R&D ◆ New manufacturing building for Electronic Chemicals & Soldering Systems completed in FY2026, resulting in increased depreciation. ◆ R&D continues to focus on component technologies and products for next-generation power semiconductors. FY2025 FY2026 [100 m

  25. Slide 25: Sales & Profit Quarterly Trend

    Sales & Profit Quarterly Trend Sales Operating Profit OP% FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 6.4% Forecast 10% 5.2% 5.7% 5.5% 6.2% 5.0% 5.8% 4.9% 5.2% 4.6% 60 4.3% 3.8% 4.0% 4.5% 4.1% 2.9% 4.4% 3.5% 2.8% 2.5% 2.0% 5% 50 0.5% 0.8% 0.7% 338 328 335 327 321 289 297 302 314 289 293 316 0% 40 274

  26. Slide 26: Quarterly Sales & Profit of Electronic Components

    Quarterly Sales & Profit of Electronic Components Sales Operating Profit OP% FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 6.5% Forecast 10% 6.1% 5.3% 5.2% 5.2% 4.9% 32 4.5% 3.9% 3.5% 3.7% 4.1% 4.4% 4.8% 4.2% 5.0% 5.0% 2.6% 1.8% 5% 28 1.5%1.5% 0.6% 0.5% -0.2% 0.3% 24 212 209 219 211 215 212 0% 209 197 2

  27. Slide 27: Quarterly Sales & Profit of Electronic Chemicals & Soldering Systems

    Quarterly Sales & Profit of Electronic Chemicals & Soldering Systems Sales Operating Profit OP% FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 40 Forecast 11.7% 12.9% 36 11.3% 10.7% 10.2% 10.1% 8.7% 9.4% 9.7% 8.7% 8.8% 7.6% 8.2% 8.7% 9.4% 8.3% 32 6.6% 6.2% 7.2% 6.3% 4.3% 5.2% 4.2% 5.3% 28 117 115 112 24

  28. Slide 28: Quarterly Sales & Profit of Information Equipment

    Quarterly Sales & Profit of Information Equipment Sales Operating Profit OP% FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 30.0 27.6%28.3% 7.8% 7.1% Forecast ▲2.9% 12.7% 16.6% 6.6% 3.3% ▲20.1% ▲20.3% ▲27.8% 26.0 ▲68.7% 0% ▲24.8% ▲12.1% -100% 22.0 ▲67.1% ▲52.9% ▲82.7% ▲62.5% ▲97.6… ▲93.7% 18.0 -200% 13.6

  29. Slide 29: Quarterly Sales & Profit by Area

    Quarterly Sales & Profit by Area Sales Operating Profit [100 million yen] Japan China 140 120 106 102 101 97 98 98 94 90 100 88 86 92 92 85 88 92 80 85 83 84 87 86 86 78 80 70 76 67 66 67 71 72 75 80 62 61 63 60 64 63 63 52 48 60 42 8.1 10.6 40 7.6 7.4 7.6 3.2 4.0 2.1 3.5 4.8 4.4 6.2 4.4 6.3 2.2 -4.

  30. Slide 30: Sales and Operating Profit

    Sales and Operating Profit Sales Operating Profit OP % 売上 Profit [100 million yen] Sales （億円） 140 1,300 12% 1,236 1200 120 1,141 10% 1,080 1,066 1000 100 6.9% 910 6.4% 8% 886 862846 856870 883 845 842 782 788 812 796 797 745760 775 772 800 80 738 769 726 5.0% 733 739 4.6% 4.3% 6% 692 4.5% 689 4.6% 6

  31. Slide 31: Electronic Components: Sales and Operating Profit

    Electronic Components: Sales and Operating Profit Sales Operating Profit OP % Sales Profit [100 million yen] OP % 100 12.5% 846 815 800 80 768 10.0% 730 725 8.5% 588 593 600 556577 559 60 540 525 532 546 548 7.5% 500 497 519 509 482 5.7% 482 484 493 478 467 462 4.7% 425 424 439435 5.3% 5.2% 423 414

  32. Slide 32: Electronic Chemicals & FA systems: Sales and Operating Profit

    Electronic Chemicals & FA systems: Sales and Operating Profit 500 25.0% Sales Operating Profit OP % Sales Profit [100 million yen] 450 450 22.5% 112.5 OP % 21.0% 399 400 19.9% 20.0% 100.0 18.0%18.1% 17.4% 17.3% 346 350 328 17.5% 350 87.5 315 320 305 313 312 300 276 281 10.4% 247 15.0% 300 75.0 271 2

  33. Slide 33: Information Equipment: Sales and Operating Profit

    Information Equipment: Sales and Operating Profit Sales Operating Profit OP % Sales Profit [100 million yen] 100 91 40.0% OP % 83 86 15.8% 79 14.0% 12.9% 15.7% 20.0% 80 80 73 9.3% 70 6.2% 2.7% 62 62 64 65 8.0% 60 59 61 0.0% 55 2.2% -0.3% 60 60 522.9%53 52-2.4% -2.6% -2.5% 53 -6.3% 46 -7.2% 42 41 40

  34. Slide 34: Cash Flow

    Cash Flow 95.1 90.8 54.6 50.5 68.4 ［100 million yen］ 45.4 51.8 33.2 Operating CF 21.8 Investing CF 4.8 5.9 3.2 20.0 Financing CF -1.4 -4.6 FCF -7.7 -19.5 -30.5 -26.4 -46.2 -40.1 -36.4 -49.7 -26.7 -49.5 -39.0 -52.7 -95.7 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 Increase/decrease 10.7 -43.0 7.3 33.7

  35. Slide 35: Sales, Gross Profit, SG & A Expenses and the Number of Employees

    Sales, Gross Profit, SG & A Expenses and the Number of Employees Sales, Gross Profit, Sales GP SG&A GP% G&A% SG&A Expenses 1,400 35% 28.7% 27.0% 26.6% 1,200 25.3% 25.4% 24.9% 30% 1,000 25% 800 26.0% 22.0% 20.7% 20% 23.5% 20.9% 600 22.3% 1,236 15% 1,066 1,140 400 883 10% 739 1,080 200 5% 212 193 223

  36. Slide 36: Tamura’s History

    Tamura’s History Tamura Corporation was founded on May 11, 1924, and celebrates its 100th anniversary in 2024. Starting with the manufacture and sale of radios and electronic components, Tamura Corporation now offers products and services that meet various market needs in three business areas: Elect

  37. Slide 37: Business Domain

    Business Domain Product Information Sales by Sales: 81.5 billion yen Business Electronic Operating profit: 3.30 billion yen Components OP%: 4.1％ Segment Isolated DC-DC converter 123.6 modules Gate drivers billion yen Current sensors etc. Isolated DC-DC converter modules, current sensors, and gate dr

  38. Slide 38: Business Field

    Business Field Tamura's Products Supporting Society, Industry, and Daily Life Tamura's Products Supporting Society, Industry, and Daily Life Tamura's products, including materials, components, and devices, support various industries and social infrastructure, ranging from everyday items like automob

  39. Slide 39: Regional overview

    Regional overview Global Network Sales by Employees by region region 123.6 4,137 billion yen employees Europe and Japan China Rest of Asia ・Sales: 34.2 billion yen ・Sales: 29.7 billion yen ・Sales: 24.0 billion yen the Americas ・Sales: 35.7 billion yen ・Employees: 1,077 ・Employees: 1,586 ・Employees:

  40. Slide 40: Contributing to Carbon Neutrality ～R&D of Gallium Oxide Power Semiconductors

    Contributing to Carbon Neutrality ～R&D of Gallium Oxide Power Semiconductors ◆ Novel Crystal Technology, Inc. (NCT), established independently from our R&D department, is advancing the R&D of gallium oxide (Ga2O3) power semiconductors, expected to contribute to carbon neutrality. R&D of Gallium Oxid

  41. Slide 41: Global Network

    Global Network Global Network TAMURA POWER TECHNOLOGIES TAMURA EUROPE LIMITED. O.S. DE MEXICO, S.A. DE C.V. (CZECH BRANCH) TAMURA ELECTRONICS (HUI ZHOU) CO., LTD. TAMURA CORPORATION (THAILAND) CO., LTD. TAMURA ELECTRONICS (SUZHOU) CO., LTD. OP-SEED CO., (BD) LTD. SHANGHAI XIANGLE TAMURA CORPORATION

  42. Slide 42: Caution Concerning Forward-looking Statement

    Caution Concerning Forward-looking Statement The forward-looking statements, including the financial results forecast shown in this document, are based on information currently available to the Company and on certain assumptions deemed to be reasonable by the Company. As such, they do not constitute

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