Slide 1: Presentation Materials for the Fiscal Year Ended March 31, 2025
Presentation Materials for the Fiscal Year Ended March 31, 2025) (Based on Japanese GAAP) May 13, 2025 Azbil Corporation RIC: 6845.T, Sedol: 6985543 © Azbil Corporation. All rights reserved.
Slide 2: Highlights
Highlights 1. Consolidated Financial Results for FY2024 We achieved record consolidated financial results for the 4th consecutive fiscal year, with increased revenue and profits. Orders received, net sales, and operating income all increased, mainly due to growth in the BA business, and despite
Slide 3: Contents
Contents 1. Consolidated Financial Results for FY2024 4 2. Consolidated Financial Plan for FY2025 13 3. Returning Profits to Shareholders and Investing in Human Capital 17 Appendix 23 Notes 28 © Azbil Corporation. All rights reserved. 3
Slide 4: 1. Consolidated Financial Results for FY2024
1. Consolidated Financial Results for FY2024 © Azbil Corporation. All rights reserved. 4
Slide 5: Consolidated Financial Results
1. Consolidated Financial Results for FY2024 Consolidated Financial Results We achieved record consolidated financial results for the 4th consecutive fiscal year, with increased revenue and profits. Orders received, net sales, and operating income all increased, mainly due to growth in the BA busine
Slide 6: Financial Results by Segment
1. Consolidated Financial Results for FY2024 Financial Results by Segment ■ BA: Orders received increased significantly compared to FY2023 assisted by the renewal of large-scale multi-year service contracts, against the backdrop of a robust business environment. In all fields sales grew compared to
Slide 7: Segment Information: BA Business
1. Consolidated Financial Results for FY2024 Segment Information: BA Business Business environment — In the domestic market, demand for new office buildings in urban redevelopment projects has leveled off but remains high. Demand for the refurbishment of existing buildings, including energy savings
Slide 8: Segment Information: AA Business
1. Consolidated Financial Results for FY2024 Segment Information: AA Business Business environment — In the process automation (PA) market, demand centering on domestic maintenance and refurbishment has remained firm. — In the factory automation (FA) market, despite the delayed recovery in the China
Slide 9: Segment Information: LA Business
1. Consolidated Financial Results for FY2024 Segment Information: LA Business Business environment — The Lifeline field, which includes gas (city gas, LP gas) and water meters, depends on demand for meter replacement as required by law, and demand can be expected to remain basically stable. Though t
Slide 10: Overseas Sales by Region
1. Consolidated Financial Results for FY2024 Overseas Sales by Region Overseas sales decreased by 6.2% from FY2023 mainly as a result of the transfer of equity interests in Azbil Telstar (ATL), and accounted for 21.0% of net sales. The BA business increased mainly in Asia. The AA business decrea
Slide 11: Consolidated Financial Position
1. Consolidated Financial Results for FY2024 Consolidated Financial Position Assets: Total assets increased due to an increase in cash and deposits due to income from the transfer of equity interests in Azbil Telstar (ATL). On the other hand, inventories, trade receivables and securities decreased
Slide 12: Consolidated Cash Flows
1. Consolidated Financial Results for FY2024 Consolidated Cash Flows Free cash flow increased by 20.8 billion yen compared to FY2023. This resulted mainly from an increase in cash flow from operating activities due to an increase in income before income taxes, on top of the decrease in inventori
Slide 13: 2. Consolidated Financial Plan for FY2025
2. Consolidated Financial Plan for FY2025 © Azbil Corporation. All rights reserved. 13
Slide 14: Consolidated Financial Plan
2. Consolidated Financial Plan for FY2025 Consolidated Financial Plan Both the BA and AA businesses plan to increase revenue and profit. Although net sales will slightly decrease due to the effect of excluding Azbil Telstar (ATL) as a result of the transfer of equity interests, we plan to increase o
Slide 15: Financial Plan by Segment (1)
2. Consolidated Financial Plan for FY2025 Financial Plan by Segment (1) ■ BA: Against a backdrop of robust market conditions and a large order backlog, revenue is expected to grow. While there will be increases in outsourcing costs and personnel expenses, we plan to achieve increased profits thanks
Slide 16: Financial Plan by Segment (2)
2. Consolidated Financial Plan for FY2025 Financial Plan by Segment (2) Against a backdrop of robust market conditions and a large order backlog, revenue is expected to grow. While there will be BA increases in outsourcing costs and personnel expenses, we plan to achieve increased profits thanks to
Slide 17: 3. Returning Profits to Shareholders and Investing in Human Capital
3. Returning Profits to Shareholders and Investing in Human Capital © Azbil Corporation. All rights reserved. 17
Slide 18: Basic Policy and FY2025 Shareholder Returns
3. Returning Profits to Shareholders and Investing in Human Capital Basic Policy and FY2025 Shareholder Returns We plan to increase the year-end dividend for FY2024 by 2 yen to 13 yen per share and the annual dividend for FY2025 by 2 yen, making an annual dividend of 26 yen per share (an increase fo
Slide 19: Plan for FY2024 Year-end Dividend and FY2025 Annual Dividend
3. Returning Profits to Shareholders and Investing in Human Capital Plan for FY2024 Year-end Dividend and FY2025 Annual Dividend FY2024 It is planned to increase the year-end dividend of 13 yen per share, to make an annual dividend dividend of 24 yen per share. FY2025 It is planned to further increa
Slide 20: Repurchase of Own Stock and Cancellation of Treasury Shares
3. Returning Profits to Shareholders and Investing in Human Capital Repurchase of Own Stock and Cancellation of Treasury Shares Repurchase of It is planned to repurchase the Company’s own stock up to a maximum of 15.0 billion yen own stock or 24.0 million shares. Cancellation of treasury It is plann
Slide 21: Investing in Human Capital: Employee Shareholding Incentive Plan (E-Ship)
3. Returning Profits to Shareholders and Investing in Human Capital Investing in Human Capital: Benefits and Financial Measures to Improve Employee Engagement Trust-Type Employee Shareholding Incentive Plan (E-Ship®) Further Increase Employee Morale and Motivation, and Improve Engagement Trust-typ
Slide 22: Trend of Shareholder Returns
3. Returning Profits to Shareholders and Investing in Human Capital Trend of Shareholder Returns It is planned to increase the year-end dividend for FY2024 by 2 yen per share from the initial plan and, in FY2025, to further increase the annual dividend—for the 11th consecutive year—by 2 yen to 26
Slide 23: Appendix
Appendix • Performance Trend by Segment ・・・24 • Capital Investment, Depreciation and R&D Expenses ・・・27 © Azbil Corporation. All rights reserved. 23
Slide 24: Performance Trend by Segment: Orders Received and Order Backlog
Appendix Performance Trend by Segment: Orders Received and Order Backlog ■ Orders received by segment ■ Order backlog by segment (Billions of yen) (Billions of yen) 300.0 300.0 250.0 250.0 200.0 200.0 150.0 150.0 100.0 100.0 50.0 50.0 0.0 0.0 FY2021 FY2022 FY2023 FY2024 FY2021 FY2022 FY2023 FY2024 ■
Slide 25: Performance Trend by Segment: Sales and Segment Profit
Appendix Performance Trend by Segment: Sales and Segment Profit (Operating Income) ■ Sales by segment ■ Segment profit (operating income) (Billions of yen) (Billions of yen) (%) 300.0 40.0 20.0 250.0 35.0 30.0 15.0 200.0 25.0 150.0 20.0 10.0 15.0 100.0 10.0 5.0 50.0 5.0 0.0 0.0 0.0 FY2021 FY2022 FY2
Slide 26: Performance Trend by Segment: Quarterly Sales and Segment Profit
Appendix Performance Trend by Segment: Quarterly Sales and Segment Profit (Operating Income) ■ Sales by segment ■ Segment profit (operating income) (Billions of yen) (Billions of yen) (%) 100.0 15.0 25.0 80.0 12.0 20.0 60.0 9.0 15.0 40.0 6.0 10.0 20.0 3.0 5.0 0.0 0.0 0.0 FY2024-Q1 FY2024-Q2 FY2024-Q
Slide 27: Capital Investment, Depreciation and R&D Expenses
Appendix Capital Investment, Depreciation and R&D Expenses ■ Capital investment, depreciation ■ R&D expenses Full-year results Full-year plan (Billions of yen) (Billions of yen) (%) 15.0 15.0 6.0 12.5 12.5 5.0 10.0 10.0 4.0 7.5 7.5 3.0 5.0 5.0 2.0 2.5 2.5 1.0 0.0 0.0 0.0 FY2022 FY2023 FY2024 FY2025
Slide 28: Notes
Notes 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: Buildin
Slide 29: IR Inquiries and Disclaimer
IR Inquiries and Disclaimer Inquiries regarding investor relations Azbil Corporation Investor Relations Phone: +81-3-6810-1031 Email: azbil-ir@azbil.com Disclaimer The projections are based on management’s assumptions, intent and expectations in light of the information currently available to it, an