Micronics Japan Co., Ltd.TSE: 6871

Supplementary Materials for FY2024 1Q Financial Results(Consolidated)

· Issued by Micronics Japan Co., Ltd.

Quarterly Financial Result (Supplementary Materials)

Quarter 1: three months ended March 31, 2024

May 13, 2024

Code: 6871

© 2024 Micronics Japan Co., Ltd.

Disclaimer

The contents of this presentation were compiled based on information readily available at the time of this presentation. Outlooks and other forward-looking statements are subject to change based on many uncertain worldwide factors including but not limited to market conditions, competition as well as semiconductor / LCD industry trends. Accordingly, please take Note that the actual performance of the Company may vary considerably from the information and statements made in this presentation.

© 2024 Micronics Japan Co., Ltd.

1

Quarterly Financial Results (1Q)

© 2024 Micronics Japan Co., Ltd.

2

Consolidated Result Summary

FY12/2023

Jan.-Mar.

Apr.-Jun.

Jul.-Sep.

Oct.-Dec.

Q1

Q2

Q3

Q4

(Mils. of Yen)

ⓐ

ⓑ

Net Sales

9,769

7,216

8,537

12,769

Probe Card

9,471

6,721

8,105

12,165

TE ※

297

494

431

603

Gross Profit

4,709

2,443

3,925

6,018

Operating Income

1,974

▲224

913

2,648

Ordinary Income

1,832

▲262

1,167

2,938

Net Income Attributable to

1,107

36

593

2,390

Owner of Parent

※︓Test Equipment

© 2024 Micronics Japan Co., Ltd.

FY12/2024

Jan.-Mar.

QoQ

YoY

Q1

（△）

（％）

（△）

（％）

ⓒ

ⓒ-ⓑ

ⓒ-ⓐ

11,794

(975)

-7.6%

2,025

20.7%

11,302

(863)

-7.1%

1,831

19.3%

491

(112)

-18.5%

194

65.3%

5,823

(195)

-3.2%

1,114

23.6%

2,508

(140)

-5.3%

534

27.1%

2,405

(533)

-18.1%

573

31.3%

1,271

(1,119)

-46.8%

164

14.8%

3

Summary on Results

Probe card

  • Sales of probe cards for memory reached a high level due to continued strong demand.
    Orders for HBM (high Bandwidth Memory) and other DRAM continue to be strong, and quarterly orders reached record highs.
    Sales of non-memory probe cards were lower than expected due to slow recovery in demand for automotive and other products.
  • Segment income continues to maintain a high level.

TE

  • Although sales of test sockets improved, sales of probe units decreased due to the impact of FPD market conditions, and sales of test equipment as a whole decreased QoQ. Similar results for test equipment.
  • Segment loss has been realized.

© 2024 Micronics Japan Co., Ltd.

4

Quarterly Financial Result

(Mils. of Yen)

15,000

13,000

11,000

9,000

7,000

5,000

3,000

1,000

(1,000)

FY22Q1

Q2

Q3

Q4

FY23Q1

Q2

Q3

Q4

FY24Q1

Net Sales

9,803

9,766

10,564

14,185

9,769

7,216

8,537

12,769

11,794

Operating Income

2,163

1,938

2,200

2,922

1,974

(224)

913

2,648

2,508

Operating Margin

22.1%

19.8%

20.8%

20.6%

20.2%

-3.1%

10.7%

20.7%

21.3%

© 2024 Micronics Japan Co., Ltd.

25%

20%

15%

10%

5%

0%

-5%

5

Business Condition by Segment

Probe card

TE

(Mils. of Yen)

40%

(Mils. of Yen)

30%

14,000

800

12,165

35%

12,000

30.1%

10,000

9,471

8,000

8,105

21.2%

6,721

11,302

30%

29.2%

28.7%

25%

20%

Net Sales

600

603

0%

494

491

-10%

Segment Income

431

-21.1%

400

-28.7%

-24.2%

Segment Margin

297

-30%

Net Sales

Segment Income

Segment Margin

6,000

15%

4,000

3,548

3,249

2,854

10%

200

-42.3%

-50%

2,000

6.9%

1,716

5%

0

Q2

Q3

Q4

FY24Q1

-70%

FY23Q1

463

0

0%

(141)

(146)

(103)

FY23Q1

Q2

Q3

Q4

FY24Q1

(200)

(182)

-90%

© 2024 Micronics Japan Co., Ltd.

(311) -104.5%

6

-110%

Quarterly Orders, Net Sales & Backlog

Probe card

(Mils. of Yen)

18,000

16,000

14,000

12,000

10,000

8,000

6,000

4,000

2,000

0

FY23Q1

Q2

Q3

Q4

FY24Q1

Order Received

5,949

8,926

14,033

13,707

14,302

Net Sales

9,471

6,721

8,105

12,165

11,302

Order Backlog

5,591

7,795

13,724

15,266

18,266

© 2024 Micronics Japan Co., Ltd.

TE

(Mils. of Yen)

800

600

400

200

0

FY23Q1

Q2

Q3

Q4

FY24Q1

Order Received

375

452

473

555

475

Net Sales

297

494

431

603

491

Order Backlog

691

648

687

642

625

7

Quarterly Net Sales by Product

Probe card

(Mils. of Yen)

14,000

12,000

8%

8%

10,000

12%

8,000

12%

6,000

18%

92%

92%

4,000

88%

88%

82%

2,000

0

FY23Q1

Q2

Q3

Q4

FY24Q1

Non-Memory

1,169

1,194

992

968

913

Memory

8,302

5,527

7,113

11,197

10,389

total

9,471

6,721

8,105

12,165

11,302

  • Including sales of Cantilever type

© 2024 Micronics Japan Co., Ltd.

TE

(Mils. of Yen) 800

600

14%

30%

10%

400

25%

32%

86%

90%

200

70%

75%

68%

0

FY23Q1

Q2

Q3

Q4

FY24Q1

Testing Equipment

96

148

106

86

51

Testing Device

201

346

325

517

440

total

297

494

431

603

491

※1

Custom testers, Semiconductor probers, FPD test equipment, etc.

※2

Test sockets for semiconductors, Probe units for FPDs

8

Quarterly Net Sales by Region

Net Sales

Percentage of sales

(Mils. of Yen)

14,000

12,769

100%

90%

2.5

1.7

2.3

0.8

2.5

8.8

12.4

6.8

7.8

9.0

12,000

11,794

80%

14.2 16.5

21.6

27.4

10,000 9,769

8,537

8,0007,216

6,000

4,000

2,000

0

FY23Q1 Q2 Q3 Q4 FY24Q1

70%

60%

50%

40%

30%

20%

10%

0%

29.3

26.0

50.1

45.2

41.0

46.8

41.1

26.6

29.7

15.6

14.3

FY23Q1

Q2

Q3

Q4

FY24Q1

  • US & Europe
  • Other Asia
  • Taiwan
  • South Korea
  • Japan

© 2024 Micronics Japan Co., Ltd.

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