Ebara Corporation · TSE:6361
Ebara — H1 2025 Earnings Presentation
38 slides from Ebara's earnings presentation, Aug 14, 2025
Slide 1: Results Presentation for Six Months Ended June 30, 2025
Results Presentation for Six Months Ended June 30, 2025 EBARA (6361) August 14, 2025
Slide 2: Table of Contents
Table of Contents Key Points of Results P3 4. Topics 1. FY25 1-2Q Summary of Results ・Growth Opportunities of Precision Machinery Aligned P24 ・Consolidated P5 with the Semiconductor Industry’s Technology Roadmap ・Segment P6 ・Share Repurchase P25 ・Breakdown of Changes in Operating Profit P7 5. Append
Slide 3: Key Points of Results
Key Points of Results FY25 1-2Q Results FY25 Forecast Results YoY Change vs. Plan* Current Plan YoY Change vs. Prior Plan* ¥51.6 B. ¥-5.6 B. ¥79.4 B. - Orders ¥451.3 B. +12.9% ↗ -1.2% → Orders ¥940.0 B. +9.2% ↗ - → ¥54.2 B. ¥16.7 B. ¥33.3 B. - Revenue ¥448.7 B. +13.7% ↗ +3.9% → Revenue ¥900.0 B. +3.
Slide 4: 1. FY25 1-2Q Summary of Results
1. FY25 1-2Q Summary of Results 2. FY25 1-2Q Results by Segment 3. FY25 Forecast 4. Topix 5. Appendix 4 Copyright(c) Ebara Corporation, All rights reserved
Slide 5: Consolidated
1. FY25 1-2Q Summary of Results Consolidated (billions of yen) FY24 1-2Q FY25 1-2Q YoY FY25 1-2Q Plan Results vs. Plan Results Results Change Change % May/15/25 Deviation Deviation % a b b-a (b-a)/a c b-c (b-c)/c Orders 399.6 451.3 +51.6 +12.9% 457.0 -5.6 -1.2% Revenue 394.5 448.7 +54.2 +13.7% 432.0
Slide 6: Segment
1. FY25 1-2Q Summary of Results Segment (billions of yen) YoY FY25 1-2Q Plan Results vs. Plan FY24 1-2Q Results FY25 1-2Q Results Change Change % May/15/25 Deviation Deviation % a b b-a (b-a)/a c b-c (b-c)/c Orders 399.6 451.3 +51.6 +12.9% 457.0 -5.6 -1.2% Revenue 394.5 448.7 +54.2 +13.7% 432.0 +16.
Slide 7: Breakdown of Changes in Operating Profit
1. FY25 1-2Q Summary of Results Breakdown of Changes in Operating Profit Revenue growth outpaced increases in fixed costs, resulting in higher profits (billions of yen) ・Negative impact of the absence Increased labor costs due of Energy’s one-time gain from Increased in Precision Machinery, to base
Slide 8: Revenue by Region
1. FY25 1-2Q Summary of Results Revenue by Region 152.9 Japan 145.1 +5.4% 295.8 +18.6% Overseas 249.4 75.9 China 80.0 -5.2% Others Middle East 4% Taiwan, South 85.6 Japan Korea, and other +65.8% 6% 51.6 Europe Asia 34% 6% 63.0 North America 56.8 +10.9% North FY25 1-2Q America Revenue 27.6 Compositio
Slide 9: 2. FY25 1-2Q Results by Segment
1. FY25 1-2Q Summary of Results 2. FY25 1-2Q Results by Segment 3. FY25 Forecast 4. Topics 5. Appendix 9 Copyright(c) Ebara Corporation, All rights reserved
Slide 10: Building Service & Industrial
2. FY25 1-2Q Results by Segment Building Service & Industrial Results (Billions of yen) Key Changes (vs. FY24 1-2Q) Orders Revenue Market ◼ GDP growth is showing signs of recovery in the Middle East, Environment Japan, and Europe; however, other regions remain sluggish 242.0 FY24 FY25 255.0 238.1 ◼
Slide 11: Energy
2. FY25 1-2Q Results by Segment Energy Results (Billions of yen) Key Changes (vs. FY24 1-2Q) Orders Revenue Market ◼ Project activity continues in North America and Asia, though FY24 FY25 222.7 210.0 Environment some customers are postponing investment decisions 210.4 205.0 ◼ Signs of softening in C
Slide 12: Infrastructure
2. FY25 1-2Q Results by Segment Infrastructure Results (Billions of yen) Key Changes (vs. FY24 1-2Q) Orders Revenue Market ◼ Domestic public pump market remains steady FY24 FY25 60.5 58.0 Environment ◼ Investment in advanced disaster prevention, and aging 56.0 51.1 measures in line with the "Five-Ye
Slide 13: Environmental Solutions
2. FY25 1-2Q Results by Segment Environmental Solutions Results (Billions of yen) Key Changes (vs. FY24 1-2Q) Orders Revenue Market ◼ Demand in Japan for new construction of waste treatment plants FY24 FY25 Environment for public use remains stable 97.0 87.4 93.0 65.8 63.1 63.1 71.5 59.2 59.2 ◼ Secu
Slide 14: Precision Machinery
2. FY25 1-2Q Results by Segment Precision Machinery Results (Billions of yen) Key Changes (vs. FY24 1-2Q) Orders Revenue Market ◼ Demand related to generative AI continues to grow, and FY24 FY25 Environment customer factory utilization rates are showing signs of recovery. 320.0 300.0 However, the pa
Slide 15: Precision Machinery Quarterly Trends
2. FY25 1-2Q Results by Segment Precision Machinery Quarterly Trends Orders (Billions of yen) Precision Machinery Components CMP Systems 76.0 73.9 68.1 67.3 61.5 54.3 45.6 40.3 41.8 37.9 30.6 25.8 29.0 28.6 28.3 22.4 24.0 26.1 1Q 2Q 3Q 4Q 1Q 2Q 1Q 2Q 3Q 4Q 1Q 2Q 1Q 2Q 3Q 4Q 1Q 2Q FY24 FY25 FY24 FY25
Slide 16: Precision Machinery Quarterly Product Revenue Trends by Application
2. FY25 1-2Q Results by Segment Precision Machinery Quarterly Product Revenue Trends by Application Revenue (Billions of yen) 80.0 80.0 Memory 70.0 Non-Memory 64.5 70.0 62.6 60.0 14% 16% 60.0 49.0 47.7 50.0 45.5 50.0 43.7 42.2 6% 40.7 17% 41.1 17% 37.5 40.0 15% 28% 16% 40.0 23% 30.0 29% 30.0 86% 84%
Slide 17: 3. FY25 Forecast
1. FY25 1-2Q Summary of Results 2. FY25 1-2Q Results by Segment 3. FY25 Forecast 4. Topics 5. Appendix 17 Copyright(c) Ebara Corporation, All rights reserved
Slide 18: Segment-Specific Business Environment Overview
3. FY25 Forecast Segment-Specific Business Environment Overview Primary Target EBARA’s Market Outlook Segment Trends by Market and Region Markets FY25（1-year period） • Europe: Capital investment will remain sluggish due to rising construction and labor costs • China: Stagnant building equipment and
Slide 19: Consolidated
3. FY25 Forecast Consolidated Full-year consolidated forecast revised upward for operating profit 1-4Q (billions of yen) FY24 Results FY25 Prior Plan FY25 Plan YoY Change vs. Prior Plan Announced date (m/d/y) May/15/25 Aug/14/25 Change Change % Change Change % a b c c-a (c-a)/a c-b (c-b)/b Orders 86
Slide 20: Segment
3. FY25 Forecast Segment 1-4Q (billions of yen) FY24 Results FY25 Prior Plan FY25 Plan YoY Change from prior plan Announced date (m/d/y) May/15/25 Aug/14/25 Change Change % Change Change % a b c c-a (c-a)/a c-b (c-b)/b Orders 860.5 940.0 940.0 +79.4 +9.2% - - Revenue 866.6 900.0 900.0 +33.3 +3.8% -
Slide 21: Breakdown of Changes in Operating Profit
3. FY25 Forecast Breakdown of Changes in Operating Profit Upward revision to ¥102.5B in operating profit based on 1-2Q results (billions of yen) Revenue Growth (+) 1. Improved profitability • Increase due to the due to increased S&S smooth processing of a high level of 1. Revenue Growth (+) ratio (+
Slide 22: Impact of U.S. Tariff Policies (as of End of July 2025)
3. FY25 Forecast Impact of U.S. Tariff Policies (as of End of July 2025) ◼Overall impact on the company is minor, however certain segments have experienced delays in receiving large orders and revenue, as well as some negative effects on operating profit due to rising material costs ◼Compared to the
Slide 23: 4. Topics
1. FY25 1-2Q Summary of Results 2. FY25 1-2Q Results by Segment 3. FY25 Forecast 4. Topics 5. Appendix 23 Copyright(c) Ebara Corporation, All rights reserved
Slide 24: Growth Opportunities of Precision Machinery Aligned with the Semiconductor Industry’s Technology Roadmap
4. Topics Growth Opportunities of Precision Machinery Aligned with the Semiconductor Industry’s Technology Roadmap ◼ Driven by the miniaturization and stacking of semiconductors, as well as growing demand for environmental performance, we aim to achieve revenue growth that exceeds overall market gro
Slide 25: Share Repurchase
4. Topics Share Repurchase Overview Types of Shares to be Common shares of the Company Acquired Total Number of Shares Up to 9,090,909 shares to be Acquired (Equivalent to 1.97% of the total number of outstanding shares, excluding treasury shares) Total Acquisition Value Up to ¥20 billion Period of
Slide 26: 5. Appendix
1. FY25 1-2Q Summary of Results 2. FY25 1-2Q Results by Segment 3. FY25 Forecast 4. Topics 5. Appendix 26 Copyright(c) Ebara Corporation, All rights reserved
Slide 27: Consolidated Forecast (FY25 3-4Q)
5. Appendix Consolidated Forecast（FY25 3-4Q） FY23 FY24 FY25 (billions of yen) 1-2Q 3-4Q 1-2Q 3-4Q 1-2Q 3-4Q Plan Announced date (m/d/y) Aug/14/25 Orders 367.6 452.9 399.6 460.9 451.3 488.6 Revenue 363.8 395.5 394.5 472.1 448.7 451.2 Total Operating Profit 33.7 52.3 39.9 58.0 50.0 52.4 OP Ratio 9.3%
Slide 28: Orders
5. Appendix Orders FY24 FY25 (billions of yen) 3-4Q Plan 1-4Q Plan 1Q 1-2Q 1-3Q 1-4Q 1Q 1-2Q Announced date (m/d/y) Aug/14/25 Aug/14/25 Total 191.6 399.6 643.6 860.5 199.8 451.3 488.6 940.0 Building Service & 58.1 123.6 184.5 244.4 59.7 125.5 129.4 255.0 Industrial Energy 54.5 95.5 166.2 222.7 42.3
Slide 29: Revenue
5. Appendix Revenue FY24 FY25 (billions of yen) 3-4Q Plan 1-4Q Plan 1Q 1-2Q 1-3Q 1-4Q 1Q 1-2Q Announced date (m/d/y) Aug/14/25 Aug/14/25 Total 193.8 394.5 604.3 866.6 212.6 448.7 451.2 900.0 Building Service & 56.5 114.7 172.7 238.1 56.3 113.8 128.1 242.0 Industrial Energy 43.5 92.6 145.1 210.4 48.6
Slide 30: Operating Profit
5. Appendix Operating Profit FY24 FY25 (billions of yen) 3-4Q Plan 1-4Q Plan 1Q 1-2Q 1-3Q 1-4Q 1Q 1-2Q Announced date (m/d/y) Aug/14/25 Aug/14/25 Total 19.2 39.9 59.8 97.9 22.6 50.0 52.4 102.5 Building Service & 4.3 7.8 5.5 10.3 4.3 6.8 10.1 17.0 Industrial Energy 3.6 7.5 15.3 28.0 1.9 11.1 13.3 24.
Slide 31: Backlog of Orders
5. Appendix Backlog of Orders FY24 FY25 (billions of yen) 4Q Plan 1Q 2Q 3Q 4Q 1Q 2Q Announced date (m/d/y) Aug/14/25 Total 909.1 938.0 938.7 917.1 886.8 900.5 957.1 Building Service & 65.0 73.2 72.4 68.7 69.9 76.4 81.7 Industrial Energy 232.9 235.3 232.3 239.0 222.0 200.8 244.0 Infrastructure 69.6 7
Slide 32: Revenue by Region
5. Appendix Revenue by Region (billions of yen) FY24 FY25 1Q 1-2Q 1-3Q 1-4Q 1Q 1-2Q Building Service & Industrial 56.5 114.7 172.7 238.1 56.3 113.8 Japan 26.1 48.7 71.0 100.4 27.0 50.0 Asia (excl. Japan) 12.8 29.7 46.6 63.8 11.6 26.8 North America 4.0 8.8 14.2 18.5 4.5 8.5 Europe 6.0 12.7 18.6 24.4
Slide 33: Service & Support (S&S) Revenue
5. Appendix Service & Support (S&S) Revenue (billions of yen) FY24 FY25 1Q 1-2Q 1-3Q 1-4Q 1Q 1-2Q S&S Revenue 13.0 24.3 35.3 50.2 13.5 25.8 Building Service & Industrial S&S Ratio 23% 21% 20% 21% 24% 23% S&S Revenue 22.1 44.2 69.7 100.9 24.3 55.1 Energy S&S Ratio 51% 48% 48% 48% 50% 51% S&S Revenue
Slide 34: Balance Sheet
5. Appendix Balance Sheet (billions of yen) FY24 2Q FY24 4Q FY25 2Q Change Change a b c c-a c-b Total Assets 968.8 1,005.0 991.8 +22.9 -13.2 Current Assets 677.2 705.3 658.0 -19.1 -47.2 Cash and cash equivalents 178.4 171.0 163.7 -14.7 -7.2 Trade receivables 246.8 287.9 249.3 +2.5 -38.5 Inventories
Slide 35: Cash Flows
5. Appendix Cash Flows 1-2Q 1-4Q (billions of yen) FY24 FY25 Change FY24 FY25 Plan FY25 Plan YoY Change vs. Prior Plan Announced date (m/d/y) May/15/25 Aug/14/25 Change Change a b b-a c d e e-c e-d CF from 64.2 54.7 -9.5 +100.9 +80.0 80.0 -20.9 - operating activities CF from -16.8 -44.4 -27.6 -48.5
Slide 36: CAPEX, Depreciation and Amortization, R&D Expenses
5. Appendix CAPEX, Depreciation and Amortization, R&D Expenses 1-2Q 1-4Q (billions of yen) FY24 FY25 Change FY24 FY25 Prior Plan FY25 Plan YoY Change vs. Prior Plan Announced date (m/d/y) May/15/25 Aug/14/25 Change Change a b b-a c d e e-c e-d CAPEX 27.4 58.9 +31.5 58.6 105.0 122.0 +0.1 +17.0 Buildi
Slide 37: ESG Topics
5. Appendix ESG Topics Integrated Integrated Report 2025 Release (Japanese Language) 2025/6 News release (Japanese language only) – English coming soon! Report ＜Key Points＞ - Appointment of Shugo Hosoda as Director, CEO & COO, President, Representative Executive Officer – Four consecutive years of r
Slide 38: Disclaimer
Disclaimer This release contains forward-looking statements which involve certain risks and uncertainties that could cause actual results to differ materially from those projected. Readers are cautioned not to place undue reliance on these forward-looking statements which are valid only as of the da