Nippon Carbide Industries Company,incorporated · TSE:4064
Nippon Carbide Industries Company,incorporated — Q2 FY2025 Earnings Presentation
22 slides from Nippon Carbide Industries Company,incorporated's earnings presentation, Nov 8, 2024
Slide 1: Explanation of Financial Results for the 2nd Quarter of the Year ending March 31, 2025
Explanation of Financial Results for the 2nd Quarter of the Year ending March 31, 2025 November 8, 2024
Slide 2: Summary of Financial Results for the 2nd Quarter
Summary of Financial Results for the 2nd Quarter of the Year ending 31 March 2025
Slide 3: Summary [Consolidated Statements of Income]
Summary [Consolidated Statements of Income] • In the electronics and functional products business, shipments of products for semiconductors and electronic components increased with the gradual recovery of the electronics market. • In the film and sheetings products business, in addition to an increa
Slide 4: Analysis of factors leading to changes in operating profit
Analysis of factors leading to changes in operating profit 2nd Quarter of year ended March 31, 2024 v.s. 2nd Quarter of year ending March 31, 2025 Increase in profits by 782 million yen compared to the same period of the previous year Unit: Million yen 4
Slide 5: Performance by segment
Performance by segment ey) Unit: Million yen ees S 024 Year-on-year comparison Results ee omour oo re ent ie () Electronics and Net sales 8,323 298 +3.6% Functional Products Beyer) 0, profit 384 3 +1.0% f) Films and Sheetings [aahniantd 8,601 1,361 +15.8% Products Operating 0 profit 341 625 +183.5%
Slide 6: Situation by segment: Electronics & Functional Products Business
Situation by segment Electronics & Functional Products Business Unit: Million yen 2nd Quarter of 2nd Quarter of Year ended Year ending Year-on-year comparison March 31, 2024 March 31, 2025 Year-on-year Year-on-year Results Results changes (amount) changes (percentage) Net sales 8,323 8,621 298 +3.6%
Slide 7: Situation by segment: Films & Sheetings Products Business
Situation by segment Films & Sheetings Products Business Unit: Million yen 2nd Quarter of 2nd Quarter of Year ended Year ending Year-on-year comparison March 31, 2024 March 31, 2025 Year-on-year Year-on-year Results Results changes (amount) changes (percentage) Net sales 8,601 9,963 1,361 +15.8% Fil
Slide 8: Situation by segment: Construction Materials Related Business
Situation by segment Construction Materials Related Business Unit: Million yen 2nd Quarter of 2nd Quarter of Year ended Year ending Year-on-year comparison March 31, 2024 March 31, 2025 Year-on-year Year-on-year Results Results changes changes (amount) (percentage) Net sales 3,499 3,501 1 +0.1% Oper
Slide 9: Situation by segment: Engineering Business
Situation by segment Engineering Business Unit: Million yen 2nd Quarter of 2nd Quarter of Year ended Year ending Year-on-year comparison March 31, 2024 March 31, 2025 Year-on-year Year-on-year Results Results changes changes (amount) (percentage) Net sales 1,075 1,422 347 +32.3% Operating proffit ▲
Slide 10: [Summary] Consolidated balance sheets
[Summary] Consolidated balance sheets Unit: Million yen Year ended March 31, 2024 2nd Quarter of year ending March 31, 2025 End-to-end ratio Cash and deposits 13,442 13,632 189 Notes and accounts receivable - trade 12,526 13,145 618 Inventory 9,368 10,054 685 Tangible fixed assets/intangible fixed a
Slide 11: Consolidated statements of cash flows
Consolidated statements of cash flows Free cash flow was 1,822 million yen Unit: Million yen 2nd Quarter of Year ended 2nd Quarter of Year ending Year-on-year March 31, 2024 March 31, 2025 comparison Profit before income taxes 1,233 1,381 148 Depreciation 969 940 ▲ 28 Net cash provided by (used in)
Slide 12: Forecast of full-year results for the year ending March 2025
Forecast of full-year results for the year ending 31 March 2025
Slide 13: Forecast of consolidated results for the year ending March 2025
Forecast of consolidated results for the year ending 31 March 2025 Net sales are expected to be in line with the previous forecast. Operating profit has been revised upwards, based on expectations that the gradual recovery in the electronics market that began in the first half of the year will conti
Slide 14: Analysis of factors leading to changes in operating profit FY2024 vs FY2025
Analysis of factors leading to changes in operating profit FY2024 vs FY2025 Increase in profits by 1,451 million yen compared to the previous period Unit: Million yen 14
Slide 15: Business outlook by segment
Business outlook by segment 15
Slide 16: Business outlook for second half of the fiscal year by segment
Business outlook for second half of the fiscal year by segment (First Half Comparison) ＋ Shipments of products for semiconductors and electronic components increased Functional with the recovery of the electronics market. chemicals ＋ With the completion of inventory adjustments due to customer circu
Slide 17: Actions to achieve management conscious of cost of capital and stock price
Actions to achieve management conscious of cost of capital and stock price
Slide 18: Initiatives for improved PBR
Initiatives for improved PBR Recognizing that improving PBR is an important management issue, the company will promote measures from both ROE and PER perspectives. PBR ＝ ROE × PER ROE ⚫ Growing business by expanding sales of growth drivers and creating new growth drivers in strategic market areas. ⚫
Slide 19: TOPICS
TOPICS ey)
Slide 20: TOPICS (1): Inquiries about vinyl ether for semiconductor applications are increasing
TOPICS (1) Inquiries about vinyl ether for semiconductor applications are increasing There are only a few manufacturers in the world that Examples of vinyl ether applications produce vinyl ether, which is synthesized using acetylene derived from carbide as a raw material. Furthermore, the ➢ High wea
Slide 21: TOPICS (2): Azole compounds contributing to next-generation semiconductors
TOPICS (2) Azole compounds are contributing to the field of next-generation semiconductors Cyanamide and cyanamide derivatives, which are manufactured from carbide, have long been used as raw materials and intermediates for pharmaceuticals and agricultural chemicals. In addition, azole compounds, wh
Slide 22: Questions and inquiries from analysts/institutional investors
For questions and inquiries from analysts/institutional investors, please contact Public Relations & Investor Relations Group Corporate Planning Department Please contact us via e-mail: prir@carbide.co.jp [Notes related to future prospects] This material is intended solely for the purpose of providi
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