Lasertec : Presentation Material - Fiscal Year ended June 2025 Financial Results

About this update from Lasertec Corp.

‌FY2025 (July 2024 - June 2025) Financial Results August 7, 2025 ‌Agenda Results of Fiscal Year Ended June 2025 (FY2025) Hisashi Yokokawa Executive Officer & CFO Future Outlook and Forecast for Fiscal Year Ending June 2026 (FY2026) Tetsuya Sendoda Representative Director, President & CEO 1 ‌Agenda Results of Fiscal Year Ended June 2025 (FY2025) Hisashi Yokokawa Executive Officer & CFO Future Outlook and Forecast for Fiscal Year Ending June 2026 (FY2026) Tetsuya Sendoda Representative Director, President & CEO 2 ‌Results in Perspective Net sales and profits achieved record highs. In millions of yen FY2023 FY2024 FY2025 YoY (vs FY2024) Forecast August 2024 Net sales 152,832 213,506 240,000 251,477 +17.8% Gross profit 84,014 107,479 - 148,256 +37.9% GP margin 55.0% 50.3% - 59.0% - Operating income 62,287 81,375 104,000 122,843 +51.0% OP margin 40.8% 38.1% 43.3% 48.8% - Net income 46,164 59,076 74,000 84,652 +43.3% Orders 186,562 272,768 - 105,226 (61.4)% Backlog 402,933 462,195 - 315,945 (31.6)% R&D expenses 10,977 12,165 12,000 11,677 (4.0)% R&D percentage of sales 7.2% 5.7% 5.0% 4.6% - Capital expenditure 23,141 2,533 5,200 5,037 +98.9% Depreciation and amortization 3,486 4,726 4,300 4,676 (1.0)% 3 3 Actual exchange rate: 148 yen/USD 3 ‌Sales and Orders by Product Sales In billions of yen 251.4 213.5 42.9 5.5 28.9 2.7 37.4 26.0 50.6 57.3 114.8 98.2 FY2024 FY2025 Orders decreased significantly YoY, dragged by sluggish orders for the ACTIS series. Orders In billions of yen 272.7 34.7 2.4 44.1 143.3 48.1 45.4 3.9 105.2 21.0 45.3 (10.5) FY2024 FY2025 Services Other products Semiconductor-related products (excluding MATRICS & ACTIS) MATRICS ACTIS 4 4 4 ‌Results in Perspective (Quarterly) Net sales and profits increased significantly YoY. In millions of yen FY2024 FY2025 YoY (vs FY24Q4) QoQ (vs FY25Q3) Q4 Q1 Q2 Q3 Q4 Net sales 56,303 36,737 92,230 39,866 82,641 +46.8% +107.3% Gross profit 30,667 21,094 53,291 22,414 51,456 +67.8% +129.6% GP margin 54.5% 57.4% 57.8% 56.2% 62.3% - - Operating income 23,265 15,922 47,739 15,629 43,551 +87.2% +178.7% OP margin 41.3% 43.3% 51.8 % 39.2% 52.7% - - Net income 17,554 8,930 34,387 9,375 31,958 +82.1% +240.9% R&D expenses 4,259 2,171 2,143 3,261 4,101 (3.7)% +25.7% R&D percentage of sales 7.6% 5.9% 2.3% 8.2% 5.0% - - Capital expenditure 1,099 298 3,828 337 572 (47.9)% +69.8% Depreciation and amortization 1,251 965 1,083 1,300 1,327 +6.1% +2.1% 5 5 5 ‌Sales by Product Category (Quarterly) Sales of semiconductor-related products totaled JPY 69.3 billion, and service revenues totaled JPY 11.9 billion. In billions of yen 92.2 82.6 47.3 47.6 62.2 54.5 56.3 46.0 36.7 77.3 39.8 69.3 Semiconductor-related products 41.7 39.2 25.6 30.4 0.1 0.7 1.3 0.5 1.0 2.6 0.5 1.3 Other products 5.3 7.6 6.2 9.7 9.9 12.2 8.8 11.9 Services Q1 FY2024 Q2 Q3 Q4 Q1 FY2025 Q2 Q3 Q4 6 6 6 ‌Sales by Region (Quarterly) In billions of yen 47.3 47.6 1.4 2.7 7.3 9.8 7.2 62.2 7.4 27.8 56.3 2.6 7.5 14.4 4.6 36.7 2.9 92.2 6.1 11.1 41.7 5.1 39.8 7.1 5.9 82.6 4.5 24.5 9.4 9.8 Japan Korea Taiwan Asia (other) 28.0 1.5 3.4 5.4 4.6 18.4 4.6 19.2 1.8 3.7 2.1 18.4 8.5 11.9 8.4 3.0 9.2 1.1 20.5 7.5 5.6 5.5 14.1 1.3 23.9 10.2 U.S. Europe Q1 FY2024 Q2 Q3 Q4 Q1 FY2025 Q2 Q3 Q4 7 7 7 ‌Balance Sheet (Quarterly) Cash and deposits increased JPY 32.2 billion QoQ. Net assets amounted to JPY 209.9 billion. Assets In billions of yen 288.3 299.3 329.6 Liabilities and Net Assets In billions of yen 288.3 299.3 329.6 64.3 Advances received 271.2 261.2 26.8 53.8 86.0 Cash and deposits 271.2 261.2 Accounts payable- 38.1 22.9 162.4 8.5 28.1 11.1 30.6 14.0 171.5 5.8 27.8 11.2 47.3 163.5 8.1 31.1 11.3 22.0 174.4 6.5 30.5 11.9 24.7 169.0 6.9 30.2 12.4 Notes and accounts receivable-trade Inventories Other current assets Property, plant and equipment Other non-current 74.4 11.5 32.3 1.6 151.3 75.6 11.5 28.7 1.4 143.9 51.6 18.4 37.0 1.3 179.8 77.9 11.6 31.1 1.3 177.3 9.6 43.9 1.7 209.9 trade Other current liabilities Non-current liabilities Net assets Q4 FY2024 Q1 FY2025 Q2 Q3 Q4 assets Q4 FY2024 Q1 FY2025 Q2 Q3 Q4 8 8 8 ‌Cash Flows (Quarterly) Cash inflow from operating activities amounted to JPY 33.3 billion. (1.2) (1.5) (0.6) (0.3) (1.3) (0.0) In billions of yen FY2024 FY2025 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Cash on hand 42.1 30.6 29.7 38.1 30.6 26.8 53.8 86.0 Operating CF Investing CF Financing CF FCF 38.5 38.2 14.5 13.2 4.4 3.7 5.3 5.0 9.0 7.7 7.2 5.7 (1.5) 33.3 32.9 (0.0) (0.3) (6.5) (1.2) (0.3) (1.4) (0.2) (15.0) (4.1) (10.0) (10.3) 9 9 9 ‌Other Key Indicators R&D expenditure and capital expenditure were made as planned. The total number of employees reached 1,163 at the end of the fiscal year. 1,163 R&D Expenses, Capital Expenditure, and others Number of Employees *2 4.1 In billions of yen R&D expenses 497 582 *1 People 4.2 Capital expenditure Depreciation and amortization 3.8 2.1 2.1 3.2 445 483 928 1,017 1,079 516 647 Overseas 1.0 1.2 0.9 0.2 1.3 1.0 0.3 1.3 0.5 538 Japan (HQ) Q4 FY2024 Q1 FY2025 Q2 Q3 H1 FY2024 H2 H1 H2 479 FY2025 10 10 Q4 *1. Including intangible assets *2. Not including board members 10 ‌Topics: Award and New Product April 1, 2025 July 11, 2025 URASHIMA wins the Laser Society of Japan's excellent product award For enabling high-sensitivity, high-accuracy inspection, bringing innovation, and contributing to the industry. EUV Pellicle Inspection System PELMIS EPM200 Supporting inspection of carbon nanotube (CNT) pellicles Detection of particles on the surface of CNT pellicles Automatic classification of whether particles are on the front or back side of pellicles 11 11 11 ‌Agenda Results of Fiscal Year Ended June 2025 (FY2025) Hisashi Yokokawa Executive Officer & CFO Future Outlook and Forecast for Fiscal Year Ending June 2026 (FY2026) Tetsuya Sendoda Representative Director, President & CEO 12 ‌Business Environment & Growth Drivers Where semiconductor device makers stand N2 production is expected to start in CY2025 Investment in power semiconductor-related fields remains slow Investment in AI-related fields is robust Growth drivers during our mid-term business plan (July 2024 to June 2030) The projected growth of the semiconductor market to USD 1 trillion in 2030 The construction/expansion of wafer fabs by device makers The progress of miniaturization/design nodes leading to: The expanded use of ACTIS series in wafer fabs and an increase in EUV mask layers Increased demand for ACTIS A300, driven by the development of next-generation processes using High-NA EUV lithography Expanded use of EUV lithography and new architectures for advanced memory devices The recovery of the EV market bringing the resumption of power semiconductor-related capital investment The expansion of our service business due to a larger installed base 13 13 13 ‌FY2026 Forecast In millions of yen FY2024 FY2025 FY2026 Forecast YoY (vs FY2025) Net sales 213,506 251,477 200,000 (20.5)% Semiconductor-related products 181,752 202,965 149,500 (26.3)% Other products 2,783 5,552 2,500 (55.0)% Services 28,970 42,959 48,000 +11.7% Operating income 81,375 122,843 85,000 (30.8)% OP margin 38.1% 48.8% 42.5% - Net income 59,076 84,652 60,000 (29.1)% R&D expenses 12,165 11,677 13,000 +11.3% R&D percentage of sales 5.7% 4.6% 6.5% - Capital expenditure 2,533 5,037 2,700 (46.4)% Depreciation and amortization 4,726 4,676 4,300 (8.1)% Number of employees 1,017 1,163 1,345 +182 Japan 479 516 563 +47 Overseas 538 647 782 +135 We expect sales and profits to fall in FY2026 due to the decrease in orders. 14 14 Assumed exchange rate: 135yen/USD 14 ‌FY2026 Forecast - Operating Income Compared with FY2025 We expect operating income to fall by JPY 37.8 billion YoY. In billions of yen FY2025 Operating income (actual) 122.8 Decrease in gross profit Increase in R&D expenses Decrease in other SG&A FY2026 Operating income (forecast) (36.8) (1.3) + 0.3 85.0 15 15 15 ‌FY2026 Dividend Forecast The annual dividend for FY2025 is 329 yen per share, 41 yen higher than our initial forecast. We forecast that the annual dividend for FY2026 will also be 329 yen per share. Dividend Policy Dividend History and Forecast Dividend payout ratio of 35% (since FY2015) Flexible payment based on performance (Yen) 230 157 73 288 173 115 329 214 (planned) 115 329 197 132 Year-end Interim 16 16 FY2024 FY2025 FY2026 (forecast) Initial forecast Total amount of dividends (million yen) 20,743 25,973 29,672 29,672 Dividend payout ratio 35.1% 35.1% 35.1% 49.5% 16 ‌Share Buyback Total amount of buyback Up to JPY 12 billion Total number of shares to be repurchased Up to 1,000,000 shares (1.11% of the total number of issued shares, excluding treasury shares) Period of buyback From August 8, 2025 to December 31, 2025 Reason for share repurchase We have decided to buy back our own shares for the purpose of increasing enterprise value and shareholder returns after considering various factors including business environment, growth opportunities, current capital efficiency, financial health, and stock price. 17 17 17 ‌Caution About the forward-looking statement The forecast of financial results provided in this presentation is based on the information available to the company and based on certain assumptions it has judged as reasonable. Actual results may differ materially from the forecast due to various factors. Rounding of figures in this presentation The figures of financial results in this presentation are rounded as described below unless otherwise noted. The sum of component figures may not be equal to the total figure due to round-off error. Figures are rounded down to the decimal place shown. Rates and ratios are rounded off to the decimal place shown. Contact PR & IR Office Corporate Planning and Control Department Lasertec Corporation E-mail： [email protected] IR News Alerts Register your email with this free service to receive updates on the latest IR news from Lasertec. https://www.lasertec.co.jp/en/ir Click here to sign up. 18 18 18

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