Kyocera Corporation · TSE:6971
Kyocera — H1 FY2023 Earnings Presentation
23 slides from Kyocera's earnings presentation, Oct 31, 2022
Slide 1: Financial Presentation (Six Months Ended September 30, 2022)
October 31, 2022 Financial Presentation (For the Six Months Ended September 30, 2022) Hideo Tanimoto President and Representative Director Note: This is an English translation of the Japanese original. This translation is prepared for the reference and convenience solely for those who do not use Jap
Slide 2: Financial Results for the Six Months Ended September 30, 2022
1. Financial Results for the Six Months Ended September 30, 2022 Note: Effective from the three months ended March 31, 2022, certain sales of by-products generated by each reporting segment, which was included in “Others,” has been recorded into respective reporting segments due to their materiality
Slide 3: Financial Results for H1 of FY Mar. 2023 (1)
Financial Results for H1 of FY Mar. 2023 (1) (Unit: Yen in millions) Six Months Ended September 30, Change 2021 2022 Amount % Sales revenue 876,337 1,012,172 135,835 15.5% Operating 75,679 76,488 809 1.1% profit (8.6%) (7.6%) Profit before 99,351 104,311 4,960 5.0% income taxes (11.3%) (10.3%) Profi
Slide 4: Financial Results for H1 of FY Mar. 2023 (2)
Financial Results for H1 of FY Mar. 2023 (2) (Unit: Yen in millions) Six Months Ended September 30, Change 2021 2022 Amount % Capital 67,367 85,416 18,049 26.8% expenditures (7.7%) (8.4%) Depreciation charge 42,061 52,158 10,097 24.0% of property, plant and (4.8%) (5.2%) equipment R&D expenses 40,35
Slide 5: Sales Revenue by Reporting Segment for H1 of FY Mar. 2023
Sales Revenue by Reporting Segment for H1 of FY Mar. 2023 (Unit: Yen in millions) Six Months Ended September 30, Sales Revenue by Change 2021 2022 Reporting Segment Amount % of sales Amount % of sales Amount % revenue revenue Core Components Business 251,978 28.8% 298,981 29.5% 47,003 18.7% Industri
Slide 6: Business Profit (Loss) by Reporting Segment for H1 of FY Mar. 2023
Business Profit (Loss) by Reporting Segment for H1 of FY Mar. 2023 (Unit: Yen in millions) Six Months Ended September 30, Business Profit by Change 2021 2022 Reporting Segment Amount % to sales Amount % to sales Amount % revenue revenue Core Components Business 28,058 11.1% 46,460 15.5% 18,402 65.6%
Slide 7: Core Components Business
Financial Results by Reporting Segment for H1 of FY Mar. 2023 (1) Core Components Business 450.0 Sales revenue Business profit (Unit: Yen in billions) (Unit: Yen in billions) 400.0( ) Change from the previous same period Business profit ratio ( ) Change from the previous same period 350.0 15.5% 299.
Slide 8: Electronic Components Business
Financial Results by Reporting Segment for H1 of FY Mar. 2023 (2) Electronic Components Business Sales revenue Business profit 300.0 (Unit: Yen in billions) (Unit: Yen in billions) ( ) Change from the previous same period Business profit ratio ( ) Change from the previous same period 250.0 195.9 (+2
Slide 9: Solutions Business
Financial Results by Reporting Segment for H1 of FY Mar. 2023 (3) Solutions Business Sales revenue 100.0 Business profit 700.0 (Unit: Yen in billions)90.0 (Unit: Yen in billions) 600.0( ) Change from the previous same period 80.0 Business profit ratio ( ) Change from the previous same period 524.1 (
Slide 10: Financial Forecasts for the Year Ending March 31, 2023
2. Financial Forecasts for the Year Ending March 31, 2023 9 © KYOCERA Corporation
Slide 11: Financial Forecast for the Year Ending March 31, 2023 (1)
Financial Forecast for the Year Ending March 31, 2023 (1) (Unit: Yen in millions) Year Ending Year Ended Change March 31, 2023 March 31, 2022 Forecast unchanged*1 Amount % Sales revenue 1,838,938 2,000,000 161,062 8.8% Operating 148,910 174,000 25,090 16.8% profit (8.1%) (8.7%) Profit before 198,947
Slide 12: Financial Forecast for the Year Ending March 31, 2023 (2)
Financial Forecast for the Year Ending March 31, 2023 (2) (Unit: Yen in millions) Year Ending Change Year Ended March 31, 2023 March 31, 2022 Forecast unchanged*1 Amount % Capital 151,771 200,000 48,229 31.8% expenditures (8.3%) (10.0%) Depreciation charge of 90,229 120,000 29,771 33.0% property, pl
Slide 13: Sales Revenue Forecast by Reporting Segment for FY Mar. 2023
Sales Revenue Forecast by Reporting Segment for FY Mar. 2023 (Unit: Yen in millions) Year Ended [Forecast] Year Ending March 31, 2023 Change in amount Sales Revenue by March 31, 2022 compared with Reporting Segment Previous (April 2022) Revised (October 2022) % of sales % of sales % of sales Year en
Slide 14: Business Profit (Loss) Forecast by Reporting Segment for FY Mar. 2023
Business Profit (Loss) Forecast by Reporting Segment for FY Mar. 2023 (Unit: Yen in millions) Year Ended [Forecast] Year Ending March 31, 2023 Change in amount Business Profit by March 31, 2022 compared with Previous (April 2022) Revised (October 2022) Reporting Segment % to sales % to sales % to sa
Slide 15: Initiatives to Expand Business from FY Mar. 2024 Onward
Initiatives to Expand Business from FY Mar. 2024 Onward Continue upfront investment to drive sustainable growth Kirishima R&D Center New Production Facility at Integrate materials development, analytical technology Kagoshima Kokubu Plant and production technology divisions Expand production capacity
Slide 16: Shareholder Returns
Shareholder Returns FY Mar. 2023 interim dividend: Increase of 10yen YoY FY Mar. 2023 annual dividend: Forecast increase of 20yen YoY in line with initial projection Trend of dividend per share (Yen) (200) (180) (140) 100 90 80 (Annual) Year-end Interim 90 100 60 Forecast FY Mar. 2021 FY Mar. 2022 F
Slide 17: Appendix: Quarterly Trends of Financial Results
Appendix: Quarterly Trends of Financial Results 16 © KYOCERA Corporation
Slide 18: Quarterly Trends of Financial Results
Quarterly Trends of Financial Results Sales revenue Operating profit （Unit : Yen in billions） Profit ratio （Unit : Yen in billions） 600.0 70.0 520.2 9.5% 479.4 483.2 492.0 60.0 8.9% 8.4% 500.0 455.6 7.7% 420.7 6.3% 6.7% 50.0 43.3 400.0 42.8 41.4 40.0 32.4 35.1 300.0 30.4 30.0 200.0 20.0 100.0 10.0 0
Slide 19: Quarterly Trends: Core Components Business
Quarterly Trends of Financial Results by Reporting Segment (1) Core Components Business 200.0 Sales revenue Business profit （Unit : Yen in billions） Business profit ratio （Unit : Yen in billions） 180.0 Industrial & Automotive Components Unit 157.5 160.0 Semiconductor 16.3% Components Unit 141.5 14.7
Slide 20: Quarterly Trends: Electronic Components Business
Quarterly Trends of Financial Results by Reporting Segment (2) Electronic Components Business Sales revenue Business profit 140.0 30.0 （Unit : Yen in billions） Business profit ratio （Unit : Yen in billions） 120.0 25.0 100.5 16.9% 15.9% 16.8% 95.4 14.9% 14.4% 100.0 89.5 86.5 86.3 20.0 9.0% 76.8 16.0
Slide 21: Quarterly Trends: Solutions Business
Quarterly Trends of Financial Results by Reporting Segment (3) Solutions Business Sales revenue Business profit （Unit : Yen in billions） Business profit ratio （Unit : Yen in billions） Industrial Tools Unit Document Solutions Unit Communications Unit 261.0 258.0 266.1 Others 255.2 239.5 228.0 8.6% 7.
Slide 22: Cautionary Statements with respect to Forward-Looking Statements
Cautionary Statements with respect to Forward-Looking Statements Certain of the statements made in this document are forward-looking statements, which are based on our current assumptions and beliefs in light of the information currently available to us. These forward-looking statements involve know
Slide 23: The New Value Frontier
THE NEW VALUE FRONTIER ry KYOCERA KYOCERA Corporation