Sumco Corporation · TSE:3436
Sumco — Sumco Corp Ord — Q1 2025 Earnings Presentation
12 slides from Sumco's earnings presentation, May 8, 2024
Slide 1: Results for First Quarter of FY 2025 (Ended March 31, 2025)
Results for First Quarter of FY 2025 (Ended March 31, 2025) May 8, 2025 SUMCO Corporation （Code：3436） （LEI：353800SUSRUOM0V6KU92） 1Q-2025 Results SUMCO CORPORATION May 8, 2025 1 Notes Regarding the Forecasts This material is prepared for the purpose of continuous disclosure to general shareholders an
Slide 2: Contents; Summary and Market Environment
Contents ■ Summary and Market Environment ■ 1Q-2025 Consolidated Business Result • Summary of Consolidated Business Result • Analysis of Changes in Operating Profit • Consolidated Balance Sheet and Consolidated Cash-Flow ■ 2Q-2025 Consolidated Business Forecast • Consolidated Business Forecast • Ana
Slide 3: 1-1. Summary; 1-2. Shareholder Return
1-1. Summary ■ 1Q-2025 Consolidated Business Result (Billions of Yen) 1Q-2025 1Q-2025 Change Forecast Actual Net Sales 102.0 102.4 +0.4 Operating Profit 4.5 5.9 +1.4 Ordinary Profit 4.0 4.8 +0.8 Profit (Note) 1.5 3.0 +1.5 EBITDA margin (%) 28.4% 28.0% (0.4%) Exchange Rate (Yen/US$) 155.0 153.9 (1.1)
Slide 4: 2-1. 200 mm Wafer Trend; 2-2. 300 mm Wafer Trend
2-1. 200 mm Wafer Trend （Source： SUMCO’s estimation) 1Q-2025 Results SUMCO CORPORATION May 8, 2025 7 2-2. 300 mm Wafer Trend （Source： SUMCO’s estimation) 1Q-2025 Results SUMCO CORPORATION May 8, 2025 8
Slide 5: 2-3. Market Environment; 3-1. Customers' 300 mm Wafer Inventory Trend
2-3. Market Environment ■ 1Q-2025 Volume - Demand recovery for 300 mm wafers remained slow, except for those for leading-edge products. - Shipments for 200 mm and smaller wafers had been sluggish. Pricing - Long-term contract prices were honored for both 300 mm and 200 mm wafers. ■ 2Q-2025 Forec
Slide 6: 3-2. Customers' Wafer Inventory; 4-1. Risks and our initiatives
3-2. Customers’ 300 mm Wafer Inventory (Logic/Memory) （Source： SUMCO’s estimation) 1Q-2025 Results SUMCO CORPORATION May 8, 2025 11 4-1. Risks and our initiatives (For reference) Estimated wafer Concerns about U.S. tariff policies area consumption per product Impact on economy from higher prices a
Slide 7: 4-2. 300 mm Wafer Demand Forecast; 4-3. Assumed Impact of U.S. Tariffs
4-2. 300 mm Wafer Demand Forecast 300 mm wafer demand is projected to grow at a CAGR of 5.3% toward 2029. Of which, that for Chinese semiconductor manufacturers is assumed to grow at a CAGR of 14.4%, a significantly higher rate. 300 mm wafer demand forecast: worldwide and for Chinese semiconduct
Slide 8: 1Q-2025 Consolidated Business Result
1Q-2025 Consolidated Business Result Shinichi Kubozoe Representative Director, Executive Vice President, Chief Financial Officer 1Q-2025 Results SUMCO CORPORATION May 8, 2025 15 5-1. Summary of Consolidated Business Result (Billions of Yen) 1Q-2024 4Q-2024 1Q-2025 Change Actual Actual Actual YoY QoQ
Slide 9: 5-2. Analysis of Changes in Operating Profit; 5-3. Balance Sheet and Cash-Flow
5-2. Analysis of Changes in Operating Profit 1. 4Q-2024 Actual → 1Q-2025 Actual 2. 1Q-2024 Actual → 1Q-2025 Actual (Billions of Yen) (Billions of Yen) 4Q-2024 1Q-2025 1Q-2024 1Q-2025 Change Change Actual Actual Actual Actual Net Sales 100.0 102.4 +2.4 Net Sales 93.5 102.4 +8.9 Operating Profit 7.0 5
Slide 10: 2Q-2025 Consolidated Business Forecast
2Q-2025 Consolidated Business Forecast 1Q-2025 Results SUMCO CORPORATION May 8, 2025 19 6-1. 2Q-2025 Consolidated Business Forecast (Billions of Yen) 2Q-2024 2Q-2025 Actual 1Q ACT 2Q FCST Total Change (6 months) (3 months) (3 months) (6months) Net sales 198.2 102.4 100.0 202.4 +4.2 Operating profit
Slide 11: Reference Materials: Analysis of Changes in Operating Profit
6-2. Analysis of Changes in Operating Profit 1. 1Q-2025 Actual → 2Q-2025 Forecast 2. 2Q-2024 Actual (6 months) → (Billions of Yen) 2Q-2025 Forecast (6 months) (Billions of Yen) 1Q-2025 2Q-2025 2Q-2024 2Q-2025 Change Change Actual Forecast Act (6 months) Fcst (6 months) Net Sales 102.4 100.0 (2.4) Ne
Slide 12: Quarterly Trend
■ Quarterly Trend FCST 1Q-2025 Results SUMCO CORPORATION May 8, 2025 23 URL https://www.sumcosi.com/english/ 1Q-2025 Results SUMCO CORPORATION May 8, 2025 24