Keyence Corporation · TSE:6861
Keyence — Q2 FY2025 Earnings Presentation
15 slides from Keyence's earnings presentation, Oct 29, 2025
Slide 1: Second Quarter of FY2025 Financial Results Materials
Second Quarter of FY2025 Financial Results Materials October 29, 2025 KEYENCE CORPORATION
Slide 2: Consolidated Financial Results for FY2025 <1H>
Consolidated Financial Results for FY2025 <1H> (100 million yen) FY2024 FY2025 Y/Y 1H 1H Net sales 5,156 5,453 +5.8% Operating income 2,640 2,722 +3.1% Income before income taxes 2,657 2,850 +7.3% Net income attributable to owners of the parent 1,897 2,000 +5.4% Copyright© 2025 KEYENCE CORPORATION.
Slide 3: Consolidated Financial Results for FY2025 <2Q>
Consolidated Financial Results for FY2025 <2Q> (100 million yen) FY2024 FY2025 Y/Y 2Q 2Q Net sales 2,683 2,842 +5.9% Operating income 1,406 1,429 +1.6% Income before income taxes 1,343 1,535 +14.3% Net income attributable to owners of the parent 962 1,078 +12.1% Copyright© 2025 KEYENCE CORPORATION.
Slide 4: Consolidated Financial Results <Quarterly Results>
Consolidated Financial Results <Quarterly Results> (100 million yen) FY2024 FY2024 FY2024 FY2025 FY2025 Q/Q Y/Y 2Q 3Q 4Q 1Q 2Q Net sales 2,683 2,596 2,840 2,611 2,842 +8.9% +5.9% Gross profit 2,259 2,174 2,371 2,157 2,352 +9.1% +4.1% Gross margin 84.2% 83.7% 83.5% 82.6% 82.8% +0.2P △1.4P Selling, ge
Slide 5: FY2025 1H by Geographical Area (Y/Y)
FY2025 1H by Geographical Area (Y/Y) FY2024 1H FY2025 1H Local Currency Local Currency Actual Actual Base Base Japan +7.5% - +4.4% - Overseas +12.3% +2.8% +6.5% +10.8% Americas +15.5% +4.6% +6.7% +13.9% Asia +12.3% +4.3% +10.8% +15.3% Europe & Others +7.8% △2.3% △1.4% △1.1% Copyright© 2025 KEYENCE C
Slide 6: FY2025 2Q by Geographical Area (Y/Y)
FY2025 2Q by Geographical Area (Y/Y) Revised local currency growth for Q2 2025 FY2024 2Ｑ FY2025 2Ｑ Local Currency Local Currency Actual Actual Base Base Japan +10.2% - +3.8% - Overseas +10.0% +3.0% +7.1% +10.4% Americas +11.2% +4.2% +7.5% +13.7% Asia +12.9% +6.2% +10.1% +13.5% Europe & Others +3.4%
Slide 7: Sales Growth by Geographical Area <Local Currency Base>
Sales Growth by Geographical Area <Local Currency Base> Revised local currency growth for Q2 2025 FY2024 FY2024 FY2024 FY2025 FY2025 2Q 3Q 4Q 1Q 2Q Japan +10.2％ +9.2％ +8.5％ +5.2％ +3.8％ Overseas +3.0％ +6.5％ +7.4％ +11.4％ +10.4% Americas +4.2％ +11.6％ +10.7％ +14.2％ +13.7% Asia +6.2％ +7.1％ +14.6％ +17.1％
Slide 8: Sales Growth by Domestic Industry (Y/Y)
Sales Growth by Domestic Industry (Y/Y) *5% increments FY2024 FY2024 FY2025 1H 2H 1H Semiconductors & Liquid Crystals 0% +5% 0% Electronics and precision 0% △5% △5% Automotive & Transportation +20% +15% △5% Metal & Machine Tools 0% △5% +5% Food & Pharmaceuticals +15% +15% +10% Other +15% +20% +20% C
Slide 9: % of Sales by Domestic industry
% of Sales by Domestic industry *5% increments FY2024 FY2024 FY2025 1H 2H 1H Semiconductors & Liquid Crystals 10% 10% 10% Electronics and precision 15% 15% 15% Automotive & Transportation 25% 25% 25% Metal & Machine Tools 10% 10% 10% Food & Pharmaceuticals 10% 10% 10% Other 30% 30% 30% Copyright© 20
Slide 10: FY2025 2Q by Geographical Area (% of Sales)
FY2025 2Q by Geographical Area (% of Sales) FY2024 FY2025 2Q 2Q Japan 36.3％ 35.6% Overseas 63.7％ 64.4% Americas 36.7％ 36.8% Asia 40.2％ 41.3% Europe & Others 23.2％ 21.9% *Composition ratio of Americas, Asia, Europe & Others is the composition ratio of overseas sales Copyright© 2025 KEYENCE CORPORATIO
Slide 11: % of Sales by Geographical Area (1H)
% of Sales by Geographical Area （1H） FY2021 FY2022 FY2023 FY2024 FY2025 1H 1H 1H 1H 1H Japan 40.4% 37.4% 35.6% 34.6% 34.2％ Overseas 59.6% 62.6% 64.4% 65.4% 65.8％ Americas 30.4% 32.4% 35.1% 36.1% 36.1％ Asia 48.5% 46.2% 40.8% 40.7% 42.4％ Europe & Others 21.1% 21.4% 24.2% 23.2% 21.5％ *Composition ratio
Slide 12: R&D expenditure and Others
R&D expenditure and Others (100 million yen) FY2024 FY2024 FY2024 FY2025 FY2025 2Q 3Q 4Q 1Q 2Q R&D expenditure 76 69 73 78 88 Capital expenditures 42 32 38 78 38 Depreciation & amortization 41 42 33 38 47 Copyright© 2025 KEYENCE CORPORATION. All rights reserved 12
Slide 13: Exchange Rate
Exchange Rate FY2024 FY2025 FY2024 FY2025 Average exchange rate 2Ｑ 2Ｑ 1H 1H USD / JPY 154 146 154 146 EUR / JPY 168 170 167 166 CNY / JPY 21.3 20.4 21.2 20.3 ＜Foreign exchange impact（FY2025-1H）＞ ＜Exchange sensitivity＞ Sales ：approximately △134 (100 million yen) Impact on operating income（FY2025） Ope
Slide 14: Dividend
Dividend FY2021 FY2022 FY2023 FY2024 FY2025 Interim dividend / share（Yen） 100 150 150 175 275 Forecast Year-end dividend / share（Yen） 100 150 150 175 275 Forecast Annual dividend / share（Yen） 200 300 300 350 550 Forecast Total dividend amount (100M Yen) 485 728 728 849 1,334 Copyright© 2025 KEYENCE
Slide 15: KEYENCE
KEYENCE