Fuji Electric Co., Ltd. · TSE:6504

Fuji Electric — Q3 2023 Earnings Presentation

19 slides from Fuji Electric's earnings presentation, Jan 31, 2024

  1. Slide 1: Consolidated Financial Results for 3Q FY2023

    Consolidated Financial Results for 3Q FY2023 January 31, 2024 Fuji Electric Co., Ltd. ©2024 Fuji Electric Co., Ltd. All rights reserved. 1

  2. Slide 2: Contents

    Contents 1. 3Q FY2023 Results (YoY Comparison) P. 3 2. Balance Sheet P. 12 3. FY2023 Forecasts P. 14 (Comparison with Forecasts on Oct. 26, 2023) 4. Reference P. 16 ©2024 Fuji Electric Co., Ltd. All rights reserved. 2

  3. Slide 3: 1. 3Q FY2023 Results (YoY Comparison)

    1. 3Q FY2023 Results (YoY Comparison) ©2024 Fuji Electric Co., Ltd. All rights reserved. 3

  4. Slide 4: Summary of Consolidated Financial Results (YoY Comparison)

    Summary of Consolidated Financial Results for 9 months (Apr.-Dec.) FY2023 (YoY Comparison) New record highs for net sales, operating profit, ordinary profit, and profit attributable to owners of parent (Billion yen) 9 months 9 months Net Sales FY2022 FY2023 Change +11.8 Results Results Gain on trans

  5. Slide 5: Breakdown of Changes in Operating Results (YoY Comparison)

    Breakdown of Changes in Operating Results for 9 months (Apr.-Dec.) FY2023 (YoY Comparison) Higher profit, despite impacts from rising material cost and fixed costs such as labor cost, due to increases in product selling price and sales and production volumes (Billion yen) Increase in sales and Incre

  6. Slide 6: Net Sales and Operating Profit by Segment (YoY Comparison)

    Net Sales and Operating Profit by Segment for 9 months (Apr.-Dec.) FY2023 (YoY Comparison) Higher net sales in all segments Higher operating profit in the Industry, Semiconductor, and Food and Beverage Distribution segments (Billion yen) 9 months FY2022 9 months FY2023 Change Results Results Net Sal

  7. Slide 7: Business Results by Segment (YoY Comparison) ①

    Business Results by Segment for 9 months (Apr.-Dec.) FY2023 (YoY Comparison) ① (Billion yen) 9 months 9 months FY2022 FY2023 Change Overview Results Results Power Generation Net Sales Decreased by 21% Net Sales Decrease in net sales and operating results as a result of the absence of large-scale 225

  8. Slide 8: Business Results by Segment (YoY Comparison) ②

    Business Results by Segment for 9 months (Apr.-Dec.) FY2023 (YoY Comparison) ② (Billion yen) 9 months 9 months FY2022 FY2023 Change Overview Results Results Net Sales 146.9 166.5 19.6 Increase in net sales as a result of growth in demand for power semiconductors for electrified Semiconductor vehicle

  9. Slide 9: Net Sales by Japan and Overseas Area (YoY Comparison)

    Net Sales by Japan and Overseas Area for 9 months (Apr.-Dec.) FY2023 (YoY Comparison) Higher sales in all regions (sales down in China when excluding foreign exchange influences) (Billion yen) YoY (Billion yen) Power Generation -5.4 (Ratio of overseas sales) Energy Management +3.1 9 months 9 months

  10. Slide 10: Amount of Orders Received by major components

    Amount of Orders Received by major components for 9 months (Apr.-Dec.) FY2023 Continuation of strong performance for automotive semiconductors but lower orders for industrial components ＜Changes in plant and systems project＞ (Billion yen) Power Generation +21.3 YoY Social Solution +11.7 Energy Manag

  11. Slide 11: Amount of Sales by major components

    Amount of Sales by major components for 9 months (Apr.-Dec.) FY2023 Higher sales of automotive semiconductors and Factory automation components ＜Changes in plant and systems project＞ Power Supply and facility system +17.0 Equipment construction +12.2 (Billion yen) Social Solution +8.6 YoY IT Solutio

  12. Slide 12: 2. Balance Sheet

    2. Balance Sheet ©2024 Fuji Electric Co., Ltd. All rights reserved. 12

  13. Slide 13: Consolidated Balance Sheet at the End of 3Q FY2023

    Consolidated Balance Sheet at the End of 3Q FY2023 Assets Liabilities and Net Assets (Billion yen) 3/31/23 12/31/23 Change 3/31/23 12/31/23 Change Cash and deposit 84.7 52.5 -32.2 Notes and account payables-trade 201.6 183.2 -18.4 Notes and account receivables-trade, 388.5 363.6 -24.9 Interest-beari

  14. Slide 14: 3. FY2023 Forecasts

    3. FY2023 Forecasts (Comparison with Forecasts on Oct. 26, 2023) ©2024 Fuji Electric Co., Ltd. All rights reserved. 14

  15. Slide 15: Summary of Consolidated Financial Results Forecasts for FY2023

    Summary of Consolidated Financial Results Forecasts for FY2023 (Comparison with Forecasts on Oct. 26, 2023) Upward revision to full-year forecasts based on nine-month performance Assumed Exchange Rate for 4Q FY2023 Forecasts Forecasts Change (Billion yen) (October 26, 2023) (January 31, 2024) US$ EU

  16. Slide 16: 4. Reference

    4. Reference ©2024 Fuji Electric Co., Ltd. All rights reserved. 16

  17. Slide 17: Reference

    Reference ■ED&C components amount of orders received 3Q 3Q 9 months QoQ YoY (Apr.-Dec.) YoY All +4% -15% -27% Japan +10% -25% -31% Overseas -9% +40% -13% ■Low-voltage inverters amount of orders received 3Q 3Q 9 months QoQ YoY (Apr.-Dec.) YoY All -3% -20% -39% Japan +17% -36% -47% Overseas -11% -9% -

  18. Slide 18: Summary of Consolidated Financial Results Forecasts for FY2023 (YoY Comparison)

    Summary of Consolidated Financial Results Forecasts for FY2023 (YoY Comparison) FY2022 FY2023 Forecasts (Billion yen) Results (January 31, 2024) Change Net Sales 1,009.4 1,070.0 +9.3* 60.6 Operating Profit 88.9 100.0 +2.3* 11.1 （Operating Profit Ratio） （8.8%） （9.3%） （0.5%） Ordinary Profit 87.8 99.0

  19. Slide 19: Forward-looking statements and notes

    1.These materials are outside the scope of auditing procedures required by law, and as of the date of this results presentation, financial statement auditing procedures required by law have not yet been completed. 2. Statements made in this documents or in the presentation to which they pertain rega

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