Ulvac, Inc. · TSE:6728
Ulvac — Q1 FY2025 Earnings Presentation
11 slides from Ulvac's earnings presentation, Nov 11, 2024
Slide 1: The First Quarter of FY2025/6 Business Results
ULVAC, Inc. The First Quarter of FY2025/6 Business Results July 2024 - September 2024 November 11, 2024 Copyright© 2024, ULVAC, Inc. All rights reserved 1
Slide 2: Disclaimer regarding forward-looking statements etc.
Disclaimer regarding forward-looking statements etc. Forward-looking statements Forward-looking statements of the company in this presentation are based on information that was available at the time these documents were prepared. There are several factors that directly or indirectly impact the com
Slide 3: Summary
Summary Orders received in Q1 declined YoY, but Net sales and all profit items significantly exceeded YoY. Gross profit margin: 31.3% (*27.7%) Operating profit margin: 9.4% (* 5.1%) (*Q1 FY24/6) Q1 results largely in line with plan; no change to FY25/6 forecast Net sales and profit items in Q1
Slide 4: Summary Q1 FY25/6
Summary Q1 FY25/6 » Although the Orders received decreased YoY and QoQ due to the expectation of large orders (OLED) in Q2 FY25/6, a significant increase in net sales and profit was achieved due to the contribution from a high order backlog, etc. →The Gross profit margin was 31.3%, showing steady im
Slide 5: Orders Received and Net Sales
Orders Received and Net Sales » Orders received: Decreased YoY due to a fall in orders of Power devices, Batteries, etc. →Orders are expected to increase from Q2 onwards primarily due to full-scale investment in OLEDs, recovery in semiconductor-related investment » Net sales: Decreased QoQ due to th
Slide 6: Profit Margin Trend
Profit Margin Trend » Gross profit margin: The sales mix of Semiconductors and Electronics and Component, which has a high profit margin, has continued to exceed 50%, and the profit margin base has steadily risen, with margin improvements both YoY and QoQ. » Operating profit margin: Although there w
Slide 7: Balance Sheet
Balance Sheet Assets (Unit: ¥1 billion) Liabilities and Net Assets (Unit: ¥1 billion) 388.9 388.9 *Advances received 367.4 367.4 (Contract liabilities) 46.3 ¥23.9billion Cash on hand and in banks 44.7 96.3 Note and accounts 91.6 46.8 payable,trade Notes and accounts receivable,trade 44.8 Interest-be
Slide 8: FY25/6 Forecast
FY25/6 Forecast » Orders received: No change to annual plan due to full-scale investment in OLEDs, recovery in semiconductor investment, and increased activity in the advanced packaging business. » Net sales and profit margins: Steady improvement is expected toward H2 FY25/6, and the earnings foreca
Slide 9: Market environment and investment trends in Q2 and beyond
Market environment and investment trends in Q2 and beyond » Q2 Orders received are expected to increase more than Q1 due to large orders (OLEDs) » Semiconductor investment (mainly in DRAM) and advanced packaging business will be active toward H2 FY25/6 due to increased demand for generative AI. Cate
Slide 10: Here & There, Near your side
Here & There, Near your side AI Artificial Intelligence (AI) Wind Power SED Semiconductor AEED Wind power Electronic Device IED Power Devices SED Component High-performance Component AEED Material battery for electricity Material Hospital Smart home SED IoT Vaccine Telemedicine Smart home AEED Steri
Slide 11: Copyright© 2024, ULVAC, Inc. All rights reserved
Copyright© 2024, ULVAC, Inc. All rights reserved 11