Hirose Electric Co., Ltd. · TSE:6806

Hirose Electric — FY2024 Earnings Presentation

24 slides from Hirose Electric's earnings presentation, May 12, 2025

  1. Slide 1: Business Results for FY2024

    Hirose Electric Business Results for FY2024 Business Results for FY2024 May 12, 2025 Hirose Electric Co., Ltd. 〔6806〕

  2. Slide 2: Cautionary Statement

    Cautionary Statement In this material, there are descriptions based on current estimation by Hirose Electric. Hirose cautions you that a number of important risks, uncertainties and others could cause actual results to differ materially from those discussed in the *forward-looking statements. Thank

  3. Slide 3: Summary of the Business Results (FY2024 from April to March, 2025)

    Summary of the Business Results (FY2024 from April to March, 2025) The recovery in the General Industrial sector was very gradual. The Consumer/Mobile equipment sector rebounded, and the Smartphone sector performed well. The Automotive/Mobility-related sector maintained a high level as well. Overall

  4. Slide 4: Changes in Sales and Operating Profit (FY2023.1Q～FY2024.4Q)

    Changes in Sales and Operating Profit (FY2023.1Q～FY2024.4Q / Consolidated basis) © 2025 HIROSE ELECTRIC CO., LTD. All rights reserved. 4

  5. Slide 5: Business Results for FY2024

    Business Results for FY2024 Increase/Decrease FY2023 FY2024 Increase/Decrease (Yen in hundred millions) (FY ended Mar 31, 2024) (FY ended Mar 31, 2025) (YoY) ratio (YoY) Sales 1,655.1 1,894.2 +239.1 +14.4% COGS Ratio 56.2% 54.9% -1.3pt SGA Ratio 22.5% 22.4% -0.1pt Operating Profit 340.2 426.7 +86.5

  6. Slide 6: FY2023 to FY2024 Major Changes

    FY2023 to FY2024 Major Changes Sales Smartphone ：+109 Consumer/Mobile Equipment ： +94 239.1 hundred millions yen Increased (1,655.1 → 1,894.2) Automotive/Mobility-related ： +63 COGS Ratio Variable Expense Ratio ：39.4% → 37.9% Depreciation Ratio ： 8.2％ → 7.9％ 1.3 pt Improved (56.2% → 54.9%) Labor Cos

  7. Slide 7: FY2024 YoY Variation Analysis

    FY2024 YoY Variation Analysis (Yen in hundred millions) Operating Profit before Sales (%) (%) Profit tax FY2023 Actual 1,655.1 340.2 20.6% 387.6 23.4% Exchange rate 48.4 28.6 12.4 Labor cost increased -49.4 -49.4 Depreciation cost increased -12.8 -12.8 Increase in the product 190.7 120.1 124.4 Total

  8. Slide 8: Consolidated Balance Sheet (1)

    Consolidated Balance Sheet (１) Increase/ Account Mar 31, 2024 Mar 31, 2025 Remarks Decrease Profit before tax +461 Investment for equipment (Including Cash and cash equivalents 903.4 856.7 -46.7 buildings) -298 Dividends paid -157, Gained securities and others -216 Trade and other receivables 394.2

  9. Slide 9: Consolidated Balance Sheet (2)

    Consolidated Balance Sheet (２) Increase/ Account Mar 31, 2024 Mar 31, 2025 Remarks Decrease Payables and other Debt 117.3 129.0 +11.7 Liabilities Lease Liabilities 59.3 52.0 -7.3 Income Taxes Payable 25.0 81.4 +56.4 By profit increase Others 191.2 204.8 +13.6 Provision for bonuses and others Total 3

  10. Slide 10: Changes in Capital Investment and Depreciation (Consolidated basis)

    Changes in Capital Investment and Depreciation (Consolidated basis) (Yen in hundred millions) (*Excluded: Investment in land, building, software) © 2025 HIROSE ELECTRIC CO., LTD. All rights reserved. 10

  11. Slide 11: Overseas Production and Sales Ratio

    Overseas Production and Sales Ratio © 2025 HIROSE ELECTRIC CO., LTD. All rights reserved. 11

  12. Slide 12: Number of Employees (Financial Report Basis)

    Number of Employees (Financial Report Basis) (Number of employees) Domestic Overseas +211 5070 -126 4944 +224 4859 -290 4878 4654 3621 3834 3697 3355 +213 -137 3365 -332 -10 1238 1236 1247 1289 1523 +234 -2 +11 +42 Mar, 2021 Mar, 2022 Mar, 2023 Mar, 2024 Mar, 2025 © 2025 HIROSE ELECTRIC CO., LTD. Al

  13. Slide 13: Distribution of Shareholders

    Distribution of Shareholders 100% 4.95% 7.36% 7.49% 6.65% 4.97% 3.94% 3.97% 90% 3.73% 3.94% 4.22% 80% 41.26% 38.41% Treasury Stocks 70% 42.04% 39.90% 42.62% Individual and Others 60% Foreign Corporation 50% Other Corporation 15.59% 14.60% 15.20% 40% 14.50% 14.87% Securities Firm 1.48% 3.07% 1.10% 2.

  14. Slide 14: Sales by Application _ General Industrial

    Sales by Application _ General Industrial (Yen in hundred millions) FY2023 FY2024 YoY FY2023/ 1H 3Q 4Q FY23 1H 3Q 4Q FY24 FY2024 Sales 282 119 104 505 226 122 121 469 -7% ⚫ FY2024 Composition ratio ⚫ Changes in quarterly sales 25% 152 130 122 119 115 121 104 111 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q FY2023 FY2024

  15. Slide 15: Sales by Application _ Smartphone

    Sales by Application _ Smartphone (Yen in hundred millions) FY2023 FY2024 YoY FY2023/ 1H 3Q 4Q FY23 1H 3Q 4Q FY24 FY2024 Sales 169 99 87 355 232 130 102 464 +31% ⚫ FY2024 Composition ratio ⚫ Changes in quarterly sales 133 130 97 99 99 102 87 72 25% 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q FY2023 FY2024 ◼ Sales in 4Q

  16. Slide 16: Sales by Application _ Consumer/Mobile Equipment

    Sales by Application _ Consumer/Mobile Equipment (Yen in hundred millions) FY2023 FY2024 YoY FY2023/ 1H 3Q 4Q FY23 1H 3Q 4Q FY24 FY2024 Sales 124 62 67 253 180 89 78 347 +37% ⚫ FY2024 Composition ratio ⚫ Changes in quarterly sales 96 89 84 78 68 67 62 56 19% 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q FY2023 FY2024 ◼ S

  17. Slide 17: Sales by Application _ Automotive/Mobility-related

    Sales by Application _ Automotive/Mobility-related (Yen in hundred millions) FY2023 FY2024 YoY FY2023/ 1H 3Q 4Q FY23 1H 3Q 4Q FY24 FY2024 Sales 195 115 119 429 246 127 119 492 +15% ⚫ FY2024 Composition ratio ⚫ Changes in quarterly sales 140 124 122 127 115 119 119 120 102 100 93 27% 80 60 40 20 0 1Q

  18. Slide 18: Sales by Application _ Telecommunications Infrastructure Equipment / OA Equipment

    Sales by Application _ Telecommunications Infrastructure Equipment / OA Equipment (Yen in hundred millions) FY2023 FY2024 YoY FY2023/ 1H 3Q 4Q FY23 1H 3Q 4Q FY24 FY2024 Telecom infrastructure 23 10 12 45 27 13 14 54 +20% equipment OA equipment 9 4 4 17 9 5 4 18 +6% ⚫ FY2024 Composition ratio ⚫ Chang

  19. Slide 19: Business Forecast for the Year Ending March 31, 2026 (Consolidated)

    Business Forecast for the Year Ending March 31, 2026 (Consolidated) First Half Over the For the Year Over the FY2024 Actual FY2025 Forecast Previous Actual Previous Actual (FY ended March 31, 2025) (FY ending March 31, 2026) Amount Amount Amount Amount (Yen in hundred millions) First Half For the Ye

  20. Slide 20: Annual Sales Forecast by Segment

    Annual Sales Forecast by Segment (round of number) (Yen in hundred millions) 500 492 525 469 464 450 347 320 FY24 FY25 FY24 FY25 FY24 FY25 FY24 FY25 Actual Forecast Actual Forecast Actual Forecast Actual Forecast General Consumer/Mobile Automotive/ Smartphone Industrial equipment Mobility-related FY

  21. Slide 21: Capital Policy

    Capital Policy Mid-Term Basic Policy Acquisition of Treasury Shares Dividend on equity ratio (DOE)： 5% Purpose of Acquisition: To improve capital efficiency As Hirose Electric Group, which advocates continuous stable growth and The company has decided on a policy to acquire high profits, we have ado

  22. Slide 22: Changes in Board Members (On and After Jun. 24, 2025)

    Changes in Board Members (On and After Jun. 24, 2025) Directors (excluding directors who are audit and supervisory committee members) Chairman of Board of Directors Kazunori Ishii President Shin Kamagata (Promoted) Director Group President, Engineering Group Shu Obara (Reappointed) Director Group Pr

  23. Slide 23: Appendix. Sales by Industry Segments Round Number (Quarterly Basis)

    Appendix. Sales by Industry Segments Round Number (Quarterly Basis) (Yen in hundred millions) FY2023 FY2024 FY2024 Composition 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q ratio ‘ General Industrial 152 130 119 104 111 115 122 121 25% ‘ Smartphone 72 97 99 87 99 133 130 102 25% ‘ Consumer/Mobile equipment 56 68 62 67 84

  24. Slide 24: HIROSE

    HIROSE He5S ELECTRIC Co.,LTD.

Hirose Electric — FY2024 Earnings Presentation on 6ix