Azbil Corporation · TSE:6845
Azbil — Q3 FY2025 Earnings Presentation
41 slides from Azbil's earnings presentation, Feb 6, 2026
Slide 1: Presentation Materials for the Third Quarter of Fiscal Year 2025
Presentation Materials for the Third Quarter of Fiscal Year 2025 (Ending March 31, 2026) (Based on Japanese GAAP) February 6, 2026 Azbil Corporation RIC: 6845.T, Sedol: 6985543 © Azbil Corporation. All rights reserved.
Slide 2: Highlights
Highlights 1. Consolidated Financial Results for the Cumulative Third Quarter of FY2025 ✓ Orders received were impacted by the FY2024 transfer of an overseas subsidiary, Azbil Telstar (ATL), but there was a significant increase in the BA business and overall orders received were on a par with the sa
Slide 3: Contents
Contents 1. Consolidated Financial Results for the Cumulative Third Quarter of FY2025 4 2. Consolidated Financial Plan for FY2025 12 No revision from the most recent announcement (upward revision) on October 30, 2025 * There is also no revision to the financial plan by segment announced on November
Slide 4: 1. Consolidated Financial Results for the Cumulative Third Quarter of FY2025
1. Consolidated Financial Results for the Cumulative Third Quarter of FY2025 © Azbil Corporation. All rights reserved. 4
Slide 5: Consolidated Financial Results
1. Consolidated Financial Results for the Cumulative Third Quarter of FY2025 Consolidated Financial Results Orders received were impacted by the FY2024 transfer of an overseas subsidiary, Azbil Telstar (ATL), but there was a significant increase in the BA business, and overall orders received were o
Slide 6: Financial Results by Segment
1. Consolidated Financial Results for the Cumulative Third Quarter of FY2025 Financial Results by Segment （Billions of yen） ■ BA: Orders received increased significantly compared to the same FY2024 FY2025 Difference period of FY2024, due to growth in the fields for new and existing Q1-3 Q1-3 buildin
Slide 7: Segment Information: BA Business
1. Consolidated Financial Results for the Cumulative Third Quarter of FY2025 Segment Information: BA Business Business environment — In the domestic market, demand for new office buildings in urban redevelopment projects has remained strong and is expected to continue at a high level. Demand for the
Slide 8: Segment Information: AA Business
1. Consolidated Financial Results for the Cumulative Third Quarter of FY2025 Segment Information: AA Business Business environment — In the process automation (PA) market, domestic demand centering on maintenance and refurbishment has remained firm. — In the factory automation (FA) market, although
Slide 9: Segment Information: LA Business
1. Consolidated Financial Results for the Cumulative Third Quarter of FY2025 Segment Information: LA Business Business environment — In the Lifeline field for gas and water meters, sales partly depend on the LP gas meter market, which exhibits cyclical fluctuations in demand. However, demand centeri
Slide 10: Overseas Sales by Region
1. Consolidated Financial Results for the Cumulative Third Quarter of FY2025 Overseas Sales by Region ⚫ Overseas sales fell mainly due to the impact (a reduction of 14.6 billion yen) of the FY2024 transfer of Azbil Telstar (ATL). The overseas sales ratio was 18.0%. (The tables and graph below show A
Slide 11: Consolidated Financial Position
1. Consolidated Financial Results for the Cumulative Third Quarter of FY2025 Consolidated Financial Position ⚫ Assets: Assets decreased mainly due to a reduction in cash and deposits, despite an increase in investment securities (investments and other assets) caused by a rise in the market value of
Slide 12: 2. Consolidated Financial Plan for FY2025
2. Consolidated Financial Plan for FY2025 No revision from the most recent announcement (upward revision) on October 30, 2025 * There is also no revision to the financial plan by segment announced on November 5, 2025 © Azbil Corporation. All rights reserved. 12
Slide 13: Consolidated Financial Plan
2. Consolidated Financial Plan for FY2025 Consolidated Financial Plan We will continue aiming to achieve our upwardly revised financial plan, with the BA business performance serving as the driving force. Although net sales will slightly decrease compared to FY2024 due to the impact (a reduction of
Slide 14: Financial Plan by Segment (1)
2. Consolidated Financial Plan for FY2025 Financial Plan by Segment (1) ■ BA: Despite increasing expenses, we expect to achieve the revised plan, with its higher projections for both sales and segment profit, by steadily converting the large order backlog into sales while improving profitability. ■
Slide 15: Financial Plan by Segment (2)
2. Consolidated Financial Plan for FY2025 Financial Plan by Segment (2) Despite increasing expenses, we expect to achieve the revised plan, with its higher projections for both sales and segment profit, by steadily BA converting the large order backlog into sales while improving profitability. ◼ In
Slide 16: 3. Returning Profits to Shareholders and Investing in Human Capital
3. Returning Profits to Shareholders and Investing in Human Capital No revision from the initial announcement on May 13, 2025 © Azbil Corporation. All rights reserved. 16
Slide 17: Basic Policy and FY2025 Shareholder Returns, Investment in Human Capital
3. Returning Profits to Shareholders and Investing in Human Capital Basic Policy and FY2025 Shareholder Returns, Investment in Human Capital We plan to increase the dividend for the eleventh consecutive year, with an annual dividend of 26 yen per share for FY2025; DOE will improve further to reach 5
Slide 18: Trend of Shareholder Returns
3. Returning Profits to Shareholders and Investing in Human Capital Trend of Shareholder Returns ⚫ In FY2025, it is planned to increase the annual dividend—for the eleventh consecutive year—by 2 yen to 26 yen per share from FY2024. Dividend per share Dividend on equity (DOE) (Yen) (%) 30 5.5 5.6 6.0
Slide 19: 4. Progress in Implementing the Medium-term Plan
4. Progress in Implementing the Medium-term Plan © Azbil Corporation. All rights reserved. 19
Slide 20: Medium-term Plan (FY2025–FY2027)
4. Progress in Implementing the Medium-term Plan Medium-term Plan (FY2025–FY2027) ⚫ Under the medium-term plan (FY2025–FY2027), whose key theme is Evolution and Co-creation, we will Long-term actively make necessary investments, including in human capital, etc., and we will achieve, with the targets
Slide 21: The azbil Group's Unique Business Model
4. Progress in Implementing the Medium-term Plan The azbil Group’s Unique Business Model ⚫ We will achieve growth in core businesses based on our extensive customer base (factories and plants, commercial buildings, lifeline utilities) established over many years, and in our growth businesses, which
Slide 22: Business Strategies and Performance Targets: Summary of Each Segment
4. Progress in Implementing the Medium-term Plan Business Strategies and Performance Targets: Summary of Each Segment of the azbil Group ⚫ While implementing a variety of measures to strengthen the unique business model of the azbil Group—tailored to the differing business environments and character
Slide 23: Initiatives to enhance product competitiveness and develop business (1)
4. Progress in Implementing the Medium-term Plan Initiatives to enhance product competitiveness and develop business (1) Initiatives in growth businesses are progressing, with ESCO services overseas and green-transformation-related business such as the energy management business in Japan, as well as
Slide 24: Initiatives to enhance product competitiveness and develop business (2)
4. Progress in Implementing the Medium-term Plan Initiatives to enhance product competitiveness and develop business (2) Azbil participates in Metrics MATSURI, a next-generation bio-manufacturing project aimed at realizing the bioeconomy— Harnessing measurement and control technologies to establish
Slide 25: Appendix I Financial Data
Appendix I Financial Data • Performance Trend by Segment ・・・26 • Capital Investment, Depreciation and R&D Expenses ・・・30 © Azbil Corporation. All rights reserved. 25
Slide 26: Performance Trend by Segment: Orders Received
Appendix Performance Trend by Segment: Orders Received ■ Comparison to past results (Q1-3) ■ Quarterly (3 months) (Billions of yen) (Billions of yen) 250.0 100.0 200.0 75.0 150.0 50.0 100.0 25.0 50.0 0.0 0.0 FY2022 FY2023 FY2024 FY2025 FY2024 FY2025 FY2025 Q1-3 Q1-3 Q1-3 Q1-3 Q1 Q2 Q3 Q4 Q1 Q2 Q3 ■B
Slide 27: Performance Trend by Segment: Order Backlog
Appendix Performance Trend by Segment: Order Backlog ■ Comparison to past results ■ Quarterly (Billions of yen) (Billions of yen) 250.0 250.0 200.0 200.0 150.0 150.0 100.0 100.0 50.0 50.0 0.0 0.0 FY2022 FY2023 FY2024 FY2025 FY2024 FY2025 FY2025 Q3 Q3 Q3 Q3 Q1 Q2 Q3 Q4 Q1 Q2 Q3 ■BA 101.6 101.3 101.1
Slide 28: Performance Trend by Segment: Sales
Appendix Performance Trend by Segment: Sales ■ Comparison to past results (Q1-3) ■ Quarterly (3 months) (Billions of yen) (Billions of yen) 250.0 100.0 200.0 75.0 150.0 50.0 100.0 25.0 50.0 0.0 0.0 FY2022 FY2023 FY2024 FY2025 FY2024 FY2025 FY2025 Q1-3 Q1-3 Q1-3 Q1-3 Q1 Q2 Q3 Q4 Q1 Q2 Q3 ■BA 83.3 90.
Slide 29: Performance Trend by Segment: Segment Profit (Operating Income)
Appendix Performance Trend by Segment: Segment Profit (Operating Income) ■ Comparison to past results (Q1-3) ■ Quarterly (3 months) (Billions of yen) (%) (Billions of yen) (%) 30.0 30.0 15.0 30.0 25.0 25.0 12.5 25.0 20.0 20.0 10.0 20.0 15.0 15.0 7.5 15.0 10.0 10.0 5.0 10.0 5.0 5.0 2.5 5.0 0.0 0.0 0.
Slide 30: Capital Investment, Depreciation and R&D Expenses
Appendix Capital Investment, Depreciation and R&D Expenses ■ Capital investment, depreciation ■ R&D expenses Full-year results/ Q1-3 results for FY2025 Full-year plan for FY2025 (Billions of yen) (Billions of yen) (%) 15.0 15.0 6.0 12.5 12.5 5.0 10.0 10.0 4.0 9.1 7.5 7.5 3.0 6.0 5.0 5.0 2.0 5.2 2.5
Slide 31: Appendix II
Appendix II Initiatives to Strengthen Corporate Governance, Returning Profits to Shareholders, Investments, and Sustainability Management • Initiatives to Strengthen Corporate Governance ・・・32 • Returning Profits to Shareholders (FY2025 Annual Dividend Plan, Repurchase of Own Stock and Cancellation
Slide 32: Initiatives to Strengthen Corporate Governance (1): Transition to a New Board Structure
Appendix Initiatives to Strengthen Corporate Governance (1): Transition to a New Board Structure ⚫ Aiming to further strengthen the independence and supervisory function of Board of Directors ➢ before June, 2022: Operated as a company with an audit & supervisory board ➢ June, 2022: Transitioned to a
Slide 33: Initiatives to Strengthen Corporate Governance (2): Revision of the Remuneration Policy
Appendix Initiatives to Strengthen Corporate Governance (2): Revision of the Remuneration Policy for Officers (May 2025) * Revisions are highlighted in red. Further motivate corporate executives to achieve medium- and long-term performance targets and enhance the enterprise value under the medium-te
Slide 34: Shareholder Returns (1): FY2025 Annual Dividend Plan
Appendix Shareholder Returns (1): FY2025 Annual Dividend Plan FY2025 It is planned to increase the dividend by 2 yen per share, to make an annual dividend of dividend 26 yen per share, and DOE to improve to 5.6%. ⚫ In FY2025, geopolitical risks and U.S. reciprocal tariffs will serve to increase unce
Slide 35: Shareholder Returns (2): Repurchase of Own Stock and Cancellation of Treasury Shares
Appendix Shareholder Returns (2): Repurchase of Own Stock and Cancellation of Treasury Shares Repurchase of We have completed repurchase of the Company’s own stock of 10.83 million shares for own stock 14.9 billion yen. (Completed on October 10, 2025) Cancellation of treasury We have completed cance
Slide 36: Investment to Strengthen the Business Model
Appendix Investment to Strengthen the Business Model ⚫ We will steadily invest in human capital, product competitiveness and DX promotion to Growth enhance the azbil Group’s unique business model. businesses ➢ Human capital: Secure and develop essential human resources for executing business strateg
Slide 37: The azbil Group's Materiality and its Own SDG Targets
Appendix The azbil Group’s Materiality and its Own SDG Targets Materiality is identified from the perspective of sustainability and contributing “in series” to a sustainable society. As regards the seven key categories related to business and corporate activities, specific azbil Group SDG targets ha
Slide 38: Notes (1)
Notes (1) 1. Financial data and financial statements have been prepared based on Japanese GAAP and the amounts have been rounded down. 2. The following are the azbil Group’s segments (each identified by abbreviation) together with the various sub-segments and their principal business fields. BA: Bui
Slide 39: Notes (2)
Notes (2) 4. Essential Goals of the azbil Group for the SDGs *1 3.40 million metric tons of CO2/year: The FY2030 emission factor from electricity generation is our own estimated value based on the Japanese government’s Energy Basic Plan in 2019. *2 Science-based targets (SBT): Greenhouse gas emissio
Slide 40: Notes (3)
Notes (3) 4. Essential Goals of the azbil Group for the SDGs *9 Provide environments that support stress-free and diverse work styles to 6 million people: As of April 2022, environments that support stress-free and diverse work styles have been provided to 0.6 million people, aiming to increase tenf
Slide 41: IR Inquiries and Disclaimer
IR Inquiries and Disclaimer Inquiries regarding investor relations Azbil Corporation Investor Relations Phone: +81-3-6810-1031 Website: https://www.azbil.com/index.html IR Inquiry: https://form.azbil.com/form/pub/contact/azbil_form_e Disclaimer The projections are based on management’s assumptions,