Slide 1: Results for Second Quarter of FY2024 (Ended June 30, 2024)
Results for Second Quarter of FY2024 (Ended June 30, 2024) August 7, 2024 SUMCO Corporation （Code：3436） （LEI：353800SUSRUOM0V6KU92） 2Q-2024 Results SUMCO CORPORATION Aug. 7, 2024 1 Notes Regarding the Forecasts This material is prepared for the purpose of continuous disclosure to general shareholders
Slide 2: Contents; Summary and Market Environment
Contents ■ Summary and Market Environment ■ 2Q-2024 Consolidated Business Result 1. Summary of Consolidated Business Result 2. Analysis of Changes in Operating Profit 3. Consolidated Balance Sheet and Consolidated Cash-Flow ■ 3Q-2024 Consolidated Business Forecast 1. Consolidated Business Forecast 2
Slide 3: 1-1. Summary; 1-2. Shareholder Return
1-1. Summary ■ 2Q-2024 Consolidated Business Result (Billions of Yen) 2Q-2024 2Q-2024 Change Forecast Actual Net Sales 99.0 104.7 +5.7 Operating Profit 9.0 12.2 +3.2 Ordinary Profit 8.0 11.3 +3.3 Profit (Note) 5.0 7.6 +2.6 Exchange Rate (Yen/US$) 150.0 155.2 +5.2 ■ 3Q-2024 Consolidated Business Fore
Slide 4: 2-1. Market Environment; 2-2. 200mm Wafer Trend
2-1. Market Environment ■ 2Q-2024 Volume - 300 mm wafer shipments for both logic and memory entered a recovery phase after bottoming out in 1Q. - Shipments remained slow for 200 mm and smaller wafers. Pricing - Long-term contract prices were honored for both 300 mm and 200 mm wafers. ■ 3Q-2024 F
Slide 5: 2-3. 300mm Wafer Trend; The Advance of AI and Wafer Demand Volume
2-3. 300mm Wafer Trend （Source： SUMCO’s estimation) 2Q-2024 Results SUMCO CORPORATION Aug. 7, 2024 9 3. The Advance of AI and Wafer Demand Volume １． New uses are spreading with the advance of AI ２． Semiconductors used in AI servers and silicon area ３． Improved functionality required with the advance
Slide 6: 3-1. New uses spreading with AI; 3-2. Semiconductors used in AI servers
3-1. New uses are spreading with the advance of AI With the advance of AI, electronic device functionality continues to rise Future Present Smartphones Wearables Automotive vehicles Devices PCs and Tablets Smart Homes IoT (industrial use) IoT (consumer use) Text input Data sensing Self-driving Voice
Slide 7: 3-3. Improved functionality required with AI; 3-4. Transistor density trends
3-3. Improved functionality required with the advance of AI With growing data processing needs, GPU (logic semiconductors) performance and size will increase, as will HBM (high-bandwidth memory) capacity HBM HBM GPU HBM HBM GPU＋４HBM GPU＋６HBM ２GPU＋８HBM 2Q-2024 Results SUMCO CORPORATION Aug. 7, 2024
Slide 8: 3-5. Growing use of stacking; 3-6. Silicon wafer demand forecasts
3-5. Growing use of stacking in leading-edge semiconductor chips Logic DRAM Functions realized by combining optimal Emergence of HBM for fast processing of processes large data →Chiplets / Interposers →Chip area increased by TSV bonding Functions realized by expanding chip area →Functions real
Slide 9: 3-7. Wafers for leading-edge memory for HBM; 4-1. Customer Inventory Trend
3-7. Wafers for leading-edge memory required for HBM Forecast for HBM’s share in DRAM Wafer demand forecast for HBM Wafer number ratio （ウェーハ枚数⽐） ( (k千枚/ wafers⽉ ) / month ) 100% 600 4% 12% 90% 17% 17% 19% HBM 80% 70% 400 60% 50% 40% 200 30% 20% 10% 0% 0 2022 2023 2024 2025 2026 2027 2022 2023 2024 2
Slide 10: 4-2. Customer 300mm Wafer Inventory; 5. Global Capacity and Demand
4-2. Customer 300mm Wafer Inventory (Logic/Memory) （Source： SUMCO’s estimation) 2Q-2024 Results SUMCO CORPORATION Aug. 7, 2024 19 5. 300 mm Wafer Global Capacity and Demand FCST （Source： SUMCO’s estimation) 2Q-2024 Results SUMCO CORPORATION Aug. 7, 2024 20
Slide 11: 2Q-2024 Consolidated Business Result; 6-1. Summary
2Q-2024 Consolidated Business Result Shinichi Kubozoe Representative Director, Executive Vice President, Chief Financial Officer 2Q-2024 Results SUMCO CORPORATION Aug. 7, 2024 21 6-1. Summary of Consolidated Business Result (Billions of Yen) 2Q-2023 2Q-2024 Actual (6 months) Change (6 months) 1Q 2Q
Slide 12: 6-2. Analysis of Changes in Operating Profit; 6-3. Balance Sheet and Cash-Flow
6-2. Analysis of Changes in Operating Profit 1. 1Q-2024 Actual → 2Q-2024 Actual 2. 2Q-2023 Actual → 2Q-2024 Actual (Billions of Yen) (Billions of Yen) 1Q-2024 2Q-2024 2Q-2023 2Q-2024 Change Change Actual Actual Act (6 months) Act (6 months) Net Sales 93.5 104.7 +11.2 Net Sales 220.6 198.2 (22.4) Ope
Slide 13: 3Q-2024 Consolidated Business Forecast
3Q-2024 Consolidated Business Forecast 2Q-2024 Results SUMCO CORPORATION Aug. 7, 2024 25 7-1. 3Q-2024 Consolidated Business Forecast (Billions of Yen) 3Q-2023 3Q-2024 Actual 1Q ACT 2Q ACT 3Q FCST Total Chage (9 months) (3 months) (3 months) (3 months) (9months) Net sales 320.8 93.5 104.7 100.0 298.2
Slide 14: 7-2. Analysis of Changes in Operating Profit; Reference Materials
7-2. Analysis of Changes in Operating Profit 1. 2Q-2024 Actual → 3Q-2024 Forecast 2. 3Q-2023 Actual (9 months) → (Billions of Yen) 3Q-2024 Forecast (9 months) (Billions of Yen) 2Q-2024 3Q-2024 3Q-2023 3Q-2024 Change Change Actual Forecast Act (9 months) Fcst (9 months) Net Sales 104.7 100.0 (4.7) Ne
Slide 15: Quarterly Trend
■ Quarterly Trend FCST 2Q-2024 Results SUMCO CORPORATION Aug. 7, 2024 29 URL https://www.sumcosi.com/ 2Q-2024 Results SUMCO CORPORATION Aug. 7, 2024 30