Hakudo Co., Ltd. · TSE:7637
Hakudo — FY2025 Earnings Presentation
30 slides from Hakudo's earnings presentation, May 14, 2025
Slide 1: Investor Meeting For FY 3/2025
Investor Meeting For FY 3/2025 Hakudo Co., Ltd. (7637) May 14, 2025 2025 © Hakudo Co., Ltd. All rights reserved.
Slide 2: Table of Contents
Table of Contents 1． FY03/25 Financial Results P 2 2． FY03/26 Financial Forecasts P17 3． Progress on Key Business Strategies P20 4. Initiatives for Sustainability Management P24 1 2025 © Hakudo Co., Ltd. All rights reserved.
Slide 3: 1. FY03/25 Financial Results
1. FY03/25 Financial Results 2 2025 © Hakudo Co., Ltd. All rights reserved.
Slide 4: Result Highlights
Result Highlights Net sales Gross profit Ordinary profit 66,410million yen 10,573million yen 3,214 million yen (up 16.0％ YoY) (up 14.1％ YoY) (up 12.9％ YoY) FY03/25 summary Net sales • Sales increased by 16.0% YoY mainly due to higher unit selling prices and increased sales volume to the semiconducto
Slide 5: Summary of Consolidated Statements of Income (PL)
Summary of Consolidated Statements of Income (PL) YoY YoY Sales Sales FY03/24 FY03/25 Change Change ratio ratio (rate) (amount) Net sales 57,253 - 66,410 - 16.0% Unit: Million +9,157 yen Standard stock items 34,460 60.2% 38,964 58.7% 13.1% +4,503 Special-order items 22,792 39.8% 27,445 41.3% 20.4% +
Slide 6: Factors Affecting Year-on-Year Change in Net Sales
Factors Affecting Year-on-Year Change in Net Sales • In addition to higher unit selling prices, the increase in sales volumes contributed to sales growing of both Standard stock items and Special-order items by JPY9,157 million YoY. Unit: Million yen +1,366 +1,819 66,410 31,775 +1,530 +3,158 +1,282
Slide 7: Net Sales by Product Category
Net Sales by Product Category • The sales of the entire product categories increased on a QoQ due to increase in addition to increase market share, increase sales volume and sales unit price caused by a partial recovery of semiconductor production equipment(SPE) industry. Unit: Million yen FY03/24 F
Slide 8: Composition Ratio of Net Sales by Industry (Japan)
Composition Ratio of Net Sales by Industry (Japan) ・Sales ratio of “Semiconductor/FPD production equipment industry “ ,“Automobiles/Motorcycles industry” and “Aircraft/aerospace related industry” increased QoQ. ・Though sales ratio of other industries decreased, on the fiscal year basis sales in all
Slide 9: Financial Performance by Segment
Financial Performance by Segment • We posted an ordinary profit loss by JPY184 million in North America segment due to a sluggish economy caused by a shortage of capital expenditure. • In China segment, net sales and operating profit improved and the business performance recovered YoY. • Sales of ot
Slide 10: Sales Ratio by Segment
Sales Ratio by Segment • 【 Japan 】Aluminum products are a large proportion of sales and sales ratio of copper products and stainless steel products is the same due to the large sales to the semiconductor manufacturing equipment industry. • 【North America】 Stainless steel products are a large proport
Slide 11: Factors Affecting Year-on-Year Change in Ordinary Profit
Factors Affecting Year-on-Year Change in Ordinary Profit • Profits of both Standard stock items and Special-order items significantly increased due to an increase in sales volumes. • Though manufacturing expenses, logistics and labor costs increased, profits increased by JPY366 million YoY due to an
Slide 12: Balance Sheet (BS)
Balance Sheet (BS) • Notes and accounts receivable – trade, Inventories and Accounts payable-trade increased due to recent increase in net sales. Unit: Million yen Current assets: Up JPY2,900 million As of March 31, As of March 31, Composition Assets 2024 Composition ratio 2025 ratio Change Current
Slide 13: Cash Flows
Cash Flows • Cash flow from operating activities was +JPY1,782million, mainly due to net profits increased though working capital amount increased due to increase net sales. • Cash flows from investing activities was –JPY893 million mainly due to capital expenditure and IT investments in Japan. • Ca
Slide 14: Business Environment (1): Raw Material Market Trends
Business Environment (1) Raw Material Market Trends for Aluminum, Copper and Stainless Steel ・Raw material market has been very volatile currently. ・ We shall continue to watch future market trends closely such as currency exchange rate which has been very unstable recently. Unit: Thousand yen per t
Slide 15: Business Environment (2): Semiconductor Equipment Sales vs Standard Stock Items
Business Environment (2) Comparison of Semiconductor Production Equipment Sales and Standard Stock Items Sales • Though semiconductor production equipment sales partly recovered due to booming generative AI and expansion of demand in capital investment for semiconductor sector in China, it still did
Slide 16: Business Environment (3): Machine Tool Orders vs Standard Stock Items
Business Environment (3) Comparison of Machine Tool Orders and Standard Stock ItemsSales • Demand in Machine tool industry recovered and foreign orders increased due to an increase in demand in Asia, mainly in China. • Compared to the Q4 (January-March) in the previous fiscal year, domestic orders i
Slide 17: Business Environment (4): Aluminum Sales vs Rolled Aluminum Shipments
Business Environment (4) Ratio of Hakudo aluminum product sales to rolled aluminum product shipment value • Hakudo’s aluminum product sales are around 30% of rolled aluminum product shipment value, and our industry market share has remained stable. Rolled aluminum products Ratio of (Billion yen) Hak
Slide 18: 2. FY03/26 Financial Forecasts
2. FY03/26 Financial Forecasts 17 2025 © Hakudo Co., Ltd. All rights reserved.
Slide 19: Financial Forecasts
FY03/25 Financial Forecasts • The Company expects to grow sales and profits by expanding its market share through various measures under the unstable external business environment due to the delayed recovery of the semiconductor production equipment industry and other factors. • Forecasts for raw ma
Slide 20: Shareholder Returns (Dividends)
Shareholder Returns(Dividends) • The annual dividend for the FY03/25 was revised to 89 yen per share (+4 yen from the beginning of the fiscal year 2025 ). • The annual dividend for the FY03/26 is expected to be 94 yen per share due to increased net profit. Dividend Forecast for FY03/26 Unit: yen Div
Slide 21: 3. Progress on Key Business Strategies
3. Progress on Key Business Strategies 2025 © Hakudo Co., Ltd. All rights reserved. 20
Slide 22: Progress of Mid-Term Business Strategies (1)
Progress of Mid-Term Business Strategies (1) (1) Strengthen and expand customer base, raise profit margins through Hakudo Network Service (E-Commerce) evolution companies using Screen and new Hakudo standard stock 14,900 companies functional features 5,500 items ＋ registered users ・Improve the usabi
Slide 23: Progress of Mid-Term Business Strategies (2)
Progress of Mid-Term Business Strategies (2) (2) Expand growth fields, strengthen sales Semiconductor Automotive Aircraft/aerospace industry industry industry FY03/25 FY03/25 FY03/25 sales ratio sales ratio sales ratio 39.4％ 5.7％ 5.2％ Consolidate the industry through Obtaining new customers Enhanced
Slide 24: Progress of Mid-Term Business Strategies (3)
Progress of Mid-Term Business Strategies (3) (3) Overseas business expansion Overseas Net Sales and Sales Ratio Unit: Million yen 12,000 20.0% Overseas sales 海外売上高 10,000 Ratio of sales for overseas 海外向け売上高比率(実績) 15.2% 15.4% 15.0% 8,000 9.2% 9.8% 6,000 8.4% 10.0% 4,000 5.0% 2,000 0 0.0% FY03/21 2021
Slide 25: 4. Initiatives for Sustainability Management
4. Initiatives for Sustainability Management 2025 © Hakudo Co., Ltd. All rights reserved. 24
Slide 26: Progress in Sustainability Management (1/3)
Progress in Sustainability Management (1/3) • The status of efforts to date for action items and targets pursued by subcommittees established under the ESG/SDGs Management Committee are as follows. This information is reported to the Board of Directors, which in return provides proposals and advice
Slide 27: Progress in Sustainability Management (2/3)
Progress in Sustainability Management (2/3) Material Initiatives FY03/27 Targets FY03/27 KPIs FY03/25 Efforts issues Visited university research exhibitions and explored Contribute to the development of next-generation opportunities for new collaborative initiatives Contribute to future technologi
Slide 28: Progress in Sustainability Management (3/3)
Progress in Sustainability Management (3/3) Material Initiatives FY03/27 Targets FY03/27 KPIs FY03/25 Efforts issues Executed compliance training sessions Zero violations Conduct education aiming for zero tolerance. Zero compliance violations Conducted comprehension checks in compliance. Ensur
Slide 29: Sustainability Management Initiatives
Sustainability Management Initiatives Hakudo is conducting a wide range of activities, including the creation of employment through its own farms, in addition to contributing to society through manufacturing. Super Minimum Hakudo Farm Koma Battle Shita-machi Bobsleigh Challenge We operate Hakudo Far
Slide 30: Thank you very much for your attention.
Thank you very much for your attention. ■Hakudo Official Social Media Accounts We have created official accounts on LINE and Facebook to regularly disseminate product introductions, exhibition announcements and other useful information. Please use the QR codes to follow Hakudo online! ■Disclaimer Th