Alps Alpine Co., Ltd. · TSE:6770

Alps Alpine — Q2 2025 Earnings Presentation

29 slides from Alps Alpine's earnings presentation, Oct 31, 2025

  1. Slide 1: Results Briefing FY2025 Q2

    Results Briefing FY2025 Q2 TSE Prime｜6770 October 31, 2025 ©2025 ALPS ALPINE CO., LTD.

  2. Slide 2: Agenda

    １ FY2025 1H Consolidated Financial Results FY2025 Consolidated Financial Results ２ Forecast Agenda Progress of Mid-Term Management Plan ３ 2027 4 Reference Data ©2025 ALPS ALPINE CO., LTD. 1

  3. Slide 3: Summary

    Summary [Unit: ¥ billion] YoY Sales / Operating income increased YoY 1H • 【Sales】 Increase in component products for consumer and mobile markets, and mobility business Result • 【Operating income】 Increase driven by higher sales and structural reform (variable & fixed costs) Vs July 31 Sales / Operat

  4. Slide 4: FY2025 1H Consolidated Financial Results

    １ FY2025 1H Consolidated Financial Results ©2025 ALPS ALPINE CO., LTD. 3

  5. Slide 5: FY2025-1H Results

    連結損益 [Unit: ¥ billion] FY2025-1H FY2025-1H Impact of YoY Results Results exchange rate Net Sales 490.3 505.7 +15.3 -16.0 100.0% 100.0% +3.1% Operating 11.2 21.2 +10.0 -4.2 Income 2.3% 4.2% +89.2% Ordinary 8.1 24.7 +16.5 Major non-operating income/loss included in ordinary income shown on the left In

  6. Slide 6: Year-on-Year Changes in Operating Income

    Year-on-Year Changes in Operating Income [Unit: ¥ billion] Operating Others 2.0 variance 1.1 21.2 （＋） Increase driven by mobile market 2.0 -1.0 Sales 1.5 Fixed cost （Ex. R&D cost） 8.6 R&D cost Variable cost 11.2 FX impact -4.2 FY2024 FY2025 1H 1H YoY +10 ©2025 ALPS ALPINE CO., LTD. 5

  7. Slide 7: Consolidated Financial Results by Segments

    Consolidated Financial Results by Segments [Unit: ¥ billion] FY2024 1H FY2025 1H YoY Results Results Net Component 177.8 189.1 +11.2 6% Sales Sensor & Communication 43.4 42.1 -1.3 -3% Mobility （Module & System） 258.9 264.5 +5.5 2% Others 9.9 9.9 -0.0 Total 490.3 505.7 +15.3 3% Operating Component 16

  8. Slide 8: Component Segment

    Component Segment Sales : Bar chart [Unit: ¥ billion] Sales ・ Operating income quarterly trends Operating income : Line chart 105.6 106.2 91.8 91.1 88.9 82.9 Automotive Sales 79.0 72.2 11.6 Consumer 61.4 62.9 9.1 9.5 9.6 8.8 7.1 6.2 Mobile 4.0 Operating 1.5 income 0.8 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3

  9. Slide 9: Sensor & Communication Segment

    Sensor & Communication Segment [Unit: ¥ billion] Sales ・ Operating income quarterly trends Sales : Bar chart Operating income : Line chart Sales 21.6 21.6 22.8 21.6 22.3 19.8 20.8 20.6 19.0 19.8 Products to focus (new products) Existing products -0.0 0.3 0.0 -0.3 -0.7 -1.0 -0.8 -1.4 -1.6 -2.1 Operat

  10. Slide 10: Mobility Segment

    Mobility Segment Sales : Bar chart [Unit: ¥ billion] Sales ・ Operating income quarterly trends Operating income : Line chart FY2025 R&D Cost ２Ｑ 2H FY Sales Forecast as of July 31 １Ｑ （Fct) (Fct) (Fct) 145.8 132.6 141.7 141.6 138.3 135.9 132.4 131.4 133.1 ①Implementation 8.1 17.5 25.6 51.3 123.0 High

  11. Slide 11: Consolidated Balance Sheet

    Consolidated Balance Sheet Cash and deposits declined following repayment of short-term loans. [Unit: ¥ billion] Equity ratio fell by 0.5pt, mainly due to share repurchases. Mar.2025 Sep.2025 Change Mar.2023 Sep.2025 Change Cash and deposits 147.9 133.0 -14.9 Notes and accounts payable - trade 90.3

  12. Slide 12: FY2025 Consolidated Financial Results Forecast

    FY2025 Consolidated Financial Results ２ Forecast ©2025 ALPS ALPINE CO., LTD. 11

  13. Slide 13: Sales Forecast (Changes Compared to the July 31 Announcement)

    Sales Forecast (Changes Compared to the July 31 Announcement) Sales forecast revised upward following exchange rate assumption change (USD/JPY: 140 → 145). Assumption that market conditions will remain as planned. [Unit: ¥ billion] [Legend] Increase 2nd Half of FY2025 In Line with Plan / Stable July

  14. Slide 14: FY2025 Forecast

    FY2025 Forecast [Unit: ¥ billion] [As of Jul.31] FY2025 FY2025 Changes 1H 2H Full Year 1H 2H Full Year 1H 2H Full Year Net Sales Component 180.5 143.5 324.0 189.1 151.1 340.2 +8.6 +7.6 +16.2 Sensor & Communication 41.5 38.5 80.0 42.1 39.8 81.9 +0.6 +1.3 +1.9 Mobility 266.0 257.0 523.0 264.5 265.9 53

  15. Slide 15: Repurchase and cancellation of treasury stock, dividend forecast

    Repurchase and cancellation of treasury stock, dividend forecast Return Policy DOE Repurchase & cancellation of treasury stock 2013年 3月期 60 60 No. of shares 2014年 ： 11,177,700 shares 3月期 Repurchase 2015年 3月期 period ： May 1 – October 1, 2025 50 Interim Date of3月期 cancellation : October 31, 2025 2016年

  16. Slide 16: Progress of Mid-Term Management Plan 2027

    3 Progress of Mid-Term Management Plan 2027 ©2025 ALPS ALPINE CO., LTD. 15

  17. Slide 17: Progress of Mid-Term Management Plan 2027: ROE and PBR

    Progress of Mid-Term Management Plan 2027 Focus on Achieving Not Only Annual Targets but Also Medium- to Long-Term Goals Market Environment Business Performance Progress Business Operations Capital Cost Management Automotive ROE Potential revision of unit forecast due to model PBR changes (EV to HEV

  18. Slide 18: Improving Domestic Competitiveness

    Improving Domestic Competitiveness [Unit: ¥ billion] Investments and Cumulative Impact Results and Initiatives ・Domestic Site Reorganization Growth Investment Mobility Business: Consolidated into One 245.0 Location Component Business: Functional Integration 750 Automation and Efficiency Enhancements

  19. Slide 19: Profit Achievement Plan by Business Segment

    Profit Achievement Plan by Business Segment [Unit: ¥ billion] Component Sensor Communication Mobility Mobile Variable Fixed cost High Value-Added costs optimization Auto & Development Other Products Sales increase consumer costs new Products Mid-Term Depreciation High Value-Added Plan Products (as o

  20. Slide 20: New Product Development & Introduction Progress

    New Product Development & Introduction Progress [Unit: ¥ billion] Launch Sales by Cost Target Segment New Products Product Details / Development Status Timing FY2027 Status 車載向け Automotive Passive ➢ Safety Switch for Failure Detection Component Devices (New Function FY2026 10.0 Achieved ➢ 48V EV Swi

  21. Slide 21: Introduction of Key New Products

    Introduction of Key New Products [Unit: ¥ billion] Component Sensor & communication Mobility Failure Detection Switch Digital Key Cabin domain controller with Added Safety Functionality Meter Center Display Functions of Automotive Detection End-to-end support from CCC-compliant digital key Head-Up D

  22. Slide 22: Reference Data

    3 Reference Data ©2025 ALPS ALPINE CO., LTD. 21

  23. Slide 23: Factors for Increase/Decrease in Operating Income [QoQ]

    Factors for Increase/Decrease in Operating Income [QoQ] [Unit: ¥ billion] Operating R&D cost variance Fixed cost 4.6 （Ex. R&D cost） 1.3 Others 17.4 -0.1 Variable -1.3 cost 2.4 Sales 6.1 FX impact 0.7 3.7 （+） Sales growth in the mobility market FY2025 FY2025 1Q QoQ +13.7 2Q ©2025 ALPS ALPINE CO., LTD

  24. Slide 24: Compared to the Previous Quarter

    Compared to the Previous Quarter [Unit: ¥ billion] FY2025 1Q FY2025 2Q QoQ Results Results Net Component 82.9 106.2 +23.2 28% Sales Sensor & Communication 19.8 22.3 +2.4 13% Mobility （Module & System） 131.4 133.1 +1.7 1% Others 4.7 5.1 +0.3 Total 238.9 266.7 +27.8 12% Operating Component 6.2 11.6 +5

  25. Slide 25: FX impact

    FX impact [Unit: 1 billion yen/month/per 1 yen] USD EUR CNY Net sales 0.40 0.02 0.04 Consolidated Operating income 0.10 -0.01 -0.02 Net sales 0.18 0.01 0.01 Component Segments Operating income 0.07 0.00 -0.02 Net sales 0.03 0.00 0.00 Sensor & Communication Segments Operating income 0.01 0.00 -0.00 N

  26. Slide 26: Sales by Market

    Sales by Market [Unit: ¥ billion] FY2024 FY2025 1Ｑ 2Ｑ 3Ｑ 4Q FY 1Ｑ 2Ｑ Total 233.5 256.7 250.3 249.7 990.4 238.9 266.7 Automotive 161.7 150.2 159.0 170.5 641.5 156.0 159.3 Mobile 54.5 85.9 70.2 57.9 268.7 61.9 85.0 Consumer 12.5 15.3 15.8 15.3 59.0 16.2 17.1 Others 4.7 5.2 5.1 5.8 20.9 4.7 5.1 Compone

  27. Slide 27: Consolidated Profit and Loss

    Consolidated Profit and Loss [Unit: ¥ billion] FY2024 FY2025 2H FY 1Ｑ 2Ｑ 3Ｑ 4Q FY 1Ｑ 2Q (Forecast) (Forecast) Net Sales 233.5 256.7 250.3 249.7 990.4 238.9 266.7 469.3 975.0 Component 72.2 105.6 91.1 79.0 348.0 82.9 106.2 151.1 340.2 Sensor & Communication 20.6 22.8 21.6 19.0 84.1 19.8 22.3 39.8 81.

  28. Slide 28: Key Indicators

    Key Indicators [Unit: ¥ billion] (Unit：billion Yen) FY2024 FY2025 FY2024 FY2025 2H FY １Ｑ ２Ｑ ３Ｑ ４Ｑ FY １Ｑ ２Ｑ 2024/6 2024/9 2024/12 2025/3 2025/6 2025/9 (Fcst) (Fcst) R&D Expenses 9.6 5.7 2.8 6.1 24.3 8.6 4.2 15.7 28.6 Inventories 1,686 1,564 1,637 1,386 1,433 1,472 Component 1.7 1.6 1.7 1.6 6.9 1.1 1.

  29. Slide 29: The forecasts and projections presented in this document are formulated based on the Company's

    The forecasts and projections presented in this document are formulated based on the Company's assessment at the time of document preparation and may entail inherent risks and uncertainties. It is important to recognize that fluctuations in various factors may cause actual results to differ material

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