Financial Results for Q2 FY2025
August 27, 2025
Sanden Corporation
© 2025 SANDEN CORPORATION
Agenda
１．Financial Results for Q2 2025Key Points of Q2 Financial Results
Sales Revenue by Segment
Year-on-year Variance Analysis EBITDA
Consolidated Balance Sheet
Cash Flow
２．FY2025 Revision of Financial Forecast
Revision of Consolidated Financial Forecast
Year-on-year Variance Analysis EBITDA
Sanden Corporation
© 2025 SANDEN CORPORATION
１． Key Points of Q2 Financial Results
Sanden Corporation
1/9
Sales Revenue
A 0.5% decrease in revenue year over year
・Global vehicle production remained roughly on par with the previous year.
・Situation by Region
・Market Conditions in Europe and the Americas: Year-on-Year Decline in Demand.
・Market Conditions in China and India: Year-on-Year Increase in Demand.
Profit
Improvement Factor | Productivity Improvement in China and the Americas Reduction of Quality Costs in Japan and the Americas |
Operating profit: Year-on-year increase
Reason for the decrease
Non-operating income: Foreign exchange valuation loss on foreign currency-denominated receivables and payables.
Ordinary profit: Year-on-year decrease
Net income attributable to the parent company: Year-on-year decrease
Reason for the
decrease
Recognition of temporary losses associated with voluntary retirement programs in Japan and Europe
Measures
Tariff Response | A special team is assessing impacts and implementing countermeasures (including passing on costs). |
Impact of U.S. Tariff Policy
Implementation of structural reforms
・Structural reforms are being implemented across all group companies in response to U.S. tariffs and recession risks.
１． Key Points of Q2 Financial Results: Overview of Consolidated Financial Results
Sanden Corporation
2/9
[Unit: 100M] | FY2024 Jan-Jun 2024 | FY2025 Jan-Jun 2025 | YoY | |||
Variance | Percent Change | |||||
Revenue | 942 | 937 | ▲5 | -0.5% | ||
Automotive Component | 934 | 932 | ▲2 | -0.2% | ||
Others | 7 | 5 | ▲2 | -28.4% | ||
Operating Profit | ▲34 | ▲15 | 19 | - | ||
Equity Gains of Affiliated Companies | 26 | 25 | ▲1 | -3.9% | ||
Foreign Exchange | 22 | ▲11 | ▲33 | - | ||
Ordinary Profit | 14 | ▲6 | ▲20 | - | ||
Net Income Attributable to Owners of the Parent | 5 | ▲33 | ▲38 | - | ||
EBITDA | 49 | 37 | ▲12 | -24.0% | ||
Foreign Exchange | US＄ | ¥152 | ¥149 | ▲¥3 | ||
EUR | ¥164 | ¥162 | ▲¥2 | |||
※ Equity Gains of Affiliated Companies: This mainly relates to Sanden Huayu Automotive Air Conditioning Co., Ltd., an equity-method affiliate of our company.
（Some of our products are sold through joint ventures in markets such as China, and revenue from these joint ventures is recorded as non-operating revenue in
our financial statements.）
Actual figures are rounded off to the nearest ¥10 million. *Exchange rate: Market average rate
２． Sales Revenues by Segment: By Region
Ratio of regional
Japan (7%)
composition
Americas (15%)
Europe (39%)
Asia (21%)
China(22%)
Revenue: ¥93.2 billion
YoY: －¥200 million（▲0.2％）
（Including foreign exchange impact: ▲20）
※Automotive Components segment only. Excluding other businesses.
Revenue by Region: YoY
Sanden Corporation
3/9
[Unit: ¥100M] （ ）
YoY Percentage change YoY Change in amount
YoY exchange rate impact
Europe
China
Asia
Americas
Japan
Production adjustments for current vehicle models due to changes in market conditions
Declined due to foreign exchange impact
Growth in revenues for India Increase in AFM and for EVs
Decline in Japanese OEMs and construction machinery demand
400
300
200
100
300
200
100
300
200
100
300
and local manufacturers
200
100
300
(-5.7%)
70 -4
66
±0
200
100
(-6.5%)
353 -23
330
▲5
0
2024
Jan-Jun
2025
Jan-Jun
0
(-2.4%)
209 -5
204
▲5
2024
Jan-Jun
2025
Jan-Jun
0
(+10.9%)
175 +19 194
▲7
2024
Jan-Jun
2025
Jan-Jun
0
(+8.7%)
127
+11
138
▲3
2024
Jan-Jun
2025
Jan-Jun
0
2024
Jan-Jun
2025
Jan-Jun
２． Sales Revenues by Segment: By Product
Revenue: ¥93.2 billion
YoY: －¥200 million（▲0.2％）
（Including foreign exchange impact: ▲20）
※Automotive Components segment only. Excluding other businesses.
Revenue by Product：YoY
Ratio of Product composition
Electric Compressor
Sanden Corporation
4/9
Integrated Thermal Management System
Mechanical Compressor
[Unit: ¥100M] （ ）
YoY Percentage change YoY Change in amount
Air Conditioning
System
MC
HVAC
EC
ITMS
500
400
300
200
100
Decrease in sales to European OEMs / Increase in demand in the Asian region
(+0.6%)
Strong demand in the China region
(+27.9%)
+43 197
154
300
250
200
150
100
50
300
250
200
150
100
50
Declining market share due to changes in vehicle sales mix and production adjustments
300
250
200
150
100
50
Decline in NEV Sales in the China Region
474
+3
477
0
2024
Jan-Jun
2025
Jan-Jun
0
2024
Jan-Jun
2025
Jan-Jun
0
(-15.0%)
206 -31
175
2024
Jan-Jun
2025
Jan-Jun
0
(-17.8%)
101 -18
83
2024
Jan-Jun
2025
Jan-Jun
３． Year-on-year Variance Analysis EBITDA
Sanden Corporation
5/9
Improvement of ¥2.3 billion on a base that excludes foreign
FY24 Jan-Jun
→FY25 Jan-Jun
2024
2025
Difference
Revenue
942
937
-5
EBITDA
49
37
-12
exchange effects and growth investments.
Progress in clearing stagnant inventory and improving
productivity in China and the Americas
Continued efforts to reduce SG&A expenses.
49 | Negative Factor Result +8.8 +8.2 +6.4 +6.3 | 37 | ||||||||
▲41 | ▲3.6 | ▲0.2 | ▲0.1 | +1.2 | +2.2 | |||||
2024 | Exchange | Price | Others | Equity | Cost | Logistics Growth | SG&A Productivity Volume | 2025 | ||
[Unit: ¥100M]
H1 Impact
Method
Reduction Expense
Invest.
Mix H1
４．Consolidated Balance Sheet
Sanden Corporation
6/9
Compared to the end of the previous fiscal period, borrowings increased by about ¥6 billion, which worsened
Liabilities & Net Assets
Assets
the debt ratio to 89.6%.
[Unit: ¥100M] [Unit: ¥100M]
369
（70日）
166
Cash & Deposit
Account Receivable
Inventory
Assets
Others
Fixed Assets
1,730
344
（85日）
98
752
1,754
748
1,764
757
Account Payable
Loans
（Net Debt）
Others Net Assets
1,730 1,754
255
(14.7% )
236
442
698
(520)
377
(88日)
486
599
(433)
390
(88日)
95
95
378
（91日）
337
（90日）
355
(76日)
409
（73日）
167
179
（13.4％）
1,764
440
759
(592)
382
(84日)
184
（10.4％）
2024 Jun 2024 Dec 2025 Jun 2024 Jun 2024 Dec 2025 Jun
USD: 158
USD:154
USD:145
（Equity Capital: 246）（Equity Capital: 226）（Equity Capital: 174）
EUR: 170
EUR:161
EUR:166
（14.2％）
（12.9％）
（9.9％）
*Please note that individual account items are rounded, so the total may not match.
*Accounts receivable are shown net of allowance for doubtful accounts related to Iranian receivables.
５．Cash Flow
Sanden Corporation
7/9
Financial Cash Flow
Investment Cash Flow
Operating Cash Flow
[Unit: ¥100M] [Unit: ¥100M] [Unit: ¥100M] 67
30
19
44
▲38 ▲39 ▲35 | ▲45 | |||||||
2023 | 2024 | 2025 | 2023 | 2024 | 2025 | 2023 | 2024 | 2025 |
H1 | H1 | H1 | H1 | H1 | H1 | H1 | H1 | H1 |
Working Capital ▲4
Income before taxes and adjustments ▲39
Depreciation ＋5
Structural Reform Reserve ＋23
▲23
Withdrawal from Fixed-Term Deposit ＋20 Short-term borrowings ＋49
CONFIDENTIAL
© 2025 SANDEN CORPORATION
Agenda
１．Financial Results for Q2 2025
Key Points of Q2 Financial Results
Sales Revenue by Segment
Year-on-year Variance Analysis EBITDA
Consolidated Balance Sheet
Cash Flow
Revision of Consolidated Financial Forecast
Year-on-year Variance Analysis EBITDA
Sanden Corporation
© 2025 SANDEN CORPORATION
１．Revision of Consolidated Financial Forecast
Sanden Corporation
8/9
[Unit: 100M] | FY2025 Jan-Dec Previous Forecast | FY2025 Jan-Dec Revised Forecast | Vs. Previous | |||
Variance | Percent Change | |||||
Revenue | 1,847 | 1,847 | - | - | ||
Automotive Component | 1,833 | 1,833 | - | - | ||
Others | 14 | 14 | - | - | ||
Operating Profit | ▲60 | Upward ▲40 Revision | 20 | - | ||
Equity Gains of Affiliated Companies | 45 | 48 | 3 | 6.7% | ||
Foreign Exchange | - | ▲10 | ▲10 | - | ||
Ordinary Profit | ▲26 | Upward ▲15 Revision | 11 | - | ||
Net Income Attributable to Owners of the Parent | ▲3 | ▲3 | - | - | ||
EBITDA | 71 | 79 | 8 | 1.1% | ||
Foreign Exchange | US＄ | ¥151 | ¥147 | ▲¥4 | ||
EUR | ¥155 | ¥164 | ¥９ | |||
※ Equity Gains of Affiliated Companies: This mainly relates to Sanden Huayu Automotive Air Conditioning Co., Ltd., an equity-method affiliate of our company.
（Some of our products are sold through joint ventures in markets such as China, and revenue from these joint ventures is recorded as non-operating revenue in
our financial statements.）
Actual figures are rounded off to the nearest ¥10 million.
© 2025 SANDEN CORPORATION
*Exchange rate: Market average rate
２． Year-on-year Variance Analysis EBITDA
Comparison of Previous and New Financial Forecasts
Previous | New | Difference | |
Revenue | 1,847 | 1,847 | ±0 |
EBITDA | 71 | 79 | +8 |
Structural reforms yield a ¥1.6 billion improvement.
Sanden Corporation
9/9
Negative impact of ¥800 million from exchange rates and tariffs
[Unit: ¥100M]
71
Positive Factor Negative Factor Actual/Forecast
+23
+25
71
▲17
+16 79
▲1
▲5
▲3
▲33
▲18
▲4 ▲2
＋17
＋6
+4
2024
Exchange
Price Others Equity
Logistics
Volume SG&A Productivity Cost
Previous Exchange
Tariff
Structural
Others New
Actual
Impact
Method
Expense
Reduction
Growth
2025
Forecast
Impact
Impact
Reforms
2025
Forecast
Investment
CONFIDENTIAL
© 2025 SANDEN CORPORATION
Progress Status of Medium-Term Business Plan "SHIFT 2028"
August 27, 2025
Sanden Corporation
© 2025 SANDEN CORPORATION
Sanden Corporation
Agenda
Progress Status of Medium-Term Business Plan "SHIFT 2028""SHIFT 2028" Medium-Term Business Plan Overview
Business Environment
Progress of Key Business Indicators
Status of Priority Measures
Conclusion
© 2025 SANDEN CORPORATION
１．"SHIFT 2028" Medium-Term Business Plan Overview
Sanden Corporation
1/10
2028 Management Targets Revenue: ¥300 billion, Ordinary profit: ¥9 billion (3%)
Focusing on the NEV market, with the product attractiveness of our electric compressors as the core, we provide integrated thermal management system solutions with a combination of competitiveness and flexibility, always staying close to our customers.
1.
【EU】 Expand market share by strengthening sales of NEV-related
products to global OEMs in Europe
【China】 Capture the rapid growth of China's thermal management market by making the most of synergies with
【Americas】 Accelerate expansion of products for NEVs in the
3.
Americas
Regional Strategy
Market size
¥200 Billion ¥500 Billion
8% 16%
Hisense
Market size
CAGR
2.
+68%
¥660 billion Sales of products
for NEVs in the Americas
¥40 billion
¥50 billion
¥100 million
2023
2028
2023
2028
2023
2028
4.
【Development・Product】 Leverage our independent supplier status
to work with multiple customers
【SCM・Sustainability】 Optimize global production layout and
5.
supply chain, and achieve sustainability compliance
Strategic
Achieve flexibility in meeting customer needs through platforming.
Semi-customized product development
Production
3 Regions(current) Expand to 5 Regions
Theme
# of supported
2023 2028
plants of
China
China
Japan
models
111
165
systems
Japan
Europe
(Enhancement）
Reinforcement
of
【Human Resources/ Digitalization】
6.
Reinforce human resource
Investment
Investment in R&D
（HVAC/ITMS）
Human Resource Development/ Assessment
Acquisition of key personnel
Asia
Americas • Asia
Project Management
Set up CFT(Cross-functional team)
Foundation
development and improve the efficiency of organizational operations.
Investment in IT
Retention, selection, and development of human resources
Systematic management development
Optimization of incentive system
and put the team on projects.
Systematic management of project progress and profitability
２． Business Environment
Sanden Corporation
2/10
NEV Trend
Market Size
U.S. tariff policies have disrupted the global market. Starting in 2026, growth areas will shift toward China and Asia (India).
market
W世o界rld最's大lar市ge場st
Although the global sales share of EVs is trending upward, it has slowed recently. Meanwhile, HEVs and PHEVs are experiencing rapid growth.
Approx. 12.58 million vehicles
Europe Region
Sales
Volume
Feature
Both EVs and HEVs are strong, but EV sales growth is slowing. Starting in 2035, the sale of vehicles other than zero CO₂ emission (EVs and FCVs) will be prohibited in principle. Some OEMs, such as VW and Mercedes, are revising their EV policy and shifting to a strategy that includes HEVs.
Sales Approx. 31.44 million vehicles Volume (World's largest market)
Feature Rapid growth of new energy vehicles (NEVs). Chinese OEMs such as BYD and Geely are leading the EV market. Aiming for NEVs to account for 45% of new vehicle sales by 2027.
China Region
Americas (NA) Region
Sales Volume
Approx. 16.46 million vehicles
#2 in Compressor Market Share Providing new value to customers through the joint development of environmentally conscious products.
Asia (India) Region
Three years in a row
Japan Region
Feature Sales of HEVs are surging due to their high
cost-effectiveness. Some states, such as CA and
#1 in Compressor Market Share Fully leveraging our presence to further
advance electrification.
NY, have set a 100% EV/PHEV/FCEV target by 2035. The Trump administration's tariff policies are beginning to affect production bases in Mexico and elsewhere.
Key Regions
Implementing tariff countermeasures and leveraging strengths in local production capabilities to execute flexible responses
Sales
of record highs
Sales
Approx. 4.42 million vehicles
Volume Approx. 4.3 million vehicle
Volume
(Down 7.5% YoY）
Feature India has overtaken Japan to become the world's third-largest sales market. The EV market is small but has potential for rapid growth. It is a strategic hub for future growth, with production bases of various manufacturers concentrated there.
#2 in Market Share
Leveraging strong relationships with local OEMs to contribute to the growth of the automotive industry
Feature HEVs remain the mainstream option, as EV adoption is lagging. The goal is for 100% of new vehicle sales to be electrified vehicles (EVs,
PHVs, FCVs, and HEVs) by 2035.Production volume decreased by 8.5% YoY to 8.23 million vehicles, and exports are also trending downward.
New business opportunities are on the rise. Strengthen relationships with customers to expand our market share.
Regional Sales Volume and Market Characteristics
Sanden's Situation
and Initiatives
Japan External Trade Organization (JETRO) 2024 Performance
３． Progress of Key Business Indicators
Revenue/Ordinary Profit/EBITDA
The revised financial projections indicate a significant improvement in operating and ordinary profits.
Sanden Corporation
3/10
Although the 2025 results will fall short of the targets, the structural reforms are expected to deliver improvements that will exceed the impact of foreign exchange. EBITDA is approaching the plan.
Achieving plans for 2026 and beyond will be enabled by ongoing profitability improvements driven by structural reforms and sales growth.
Revenue
Ordinary Profit
EBITDA
Plan Actual
Initial Forecast
[Unit: ¥100M]
3,000
[Unit: ¥100M]
90
[Unit: ¥100M]
242
2,600
2,200
1,800 1,838
1,900 1,847
181
123
71
80
71
79
41
54
-2
-28
2
-26
20
-15
2024 2025 2026 2027 2028 2024 2025 2026 2027 2028 2024 2025 2026 2027 2028
４． Status of Priority Measures
Sanden Corporation
4/10
Regional Strategy
01
02
Development and Product Strategy
Shift from a component supplier to03
Supply Chain Strategy
Optimization of global production layout and supply chain04
Reinforcement of Foundation
05
Topics
Enhancement of Investor Relations Activities４. Status of Priority Measures
Acquisition of New Business Rights Through Regional Strategy
Trend of acquiring new business rights
Progress in the H1 of 2025
Sanden Corporation
5/10
[Unit: ¥100M]
1,383
The commercial rights for both new energy vehicles (NEVs) and ICE vehicles increased.
Expanding business rights acquisition for new energy vehicles, primarily through EC
Acquiring business rights from emerging customers
Winning the fragrance systems business for new products
1,330
YoY
+４％
Vs. Plan
+17％
1,185
Increased acquisition of air conditioning system business rights
for off-highway vehicles
Obtained EC and system business from emerging customers
Acquired large-scale MC business
Continued acquisition of large-scale businesses in both EC and MC
Acquisition of HVAC Business for SGMW
Acquisition of large-scale EC/HVAC and new product businesses
Americas
Europe
China Japan
Major Nominations
Continued winning of the MC (mechanical compressor) business
Fragrance system
*Illustrative purpose only
2024
H1
Actual
By SBU
2025
H1
Plan
2025
H1
Actual
By Powertrain
MC/EC New Business Rights Acquisition
Plan
130％
Actual
Achievement Rate for H1
Plan
Actual
335％
9%
16%
43%
4%
56%
N ICE
Ot
40%
Future Activities
Strengthening the acquisition of system business
MC EC
32%
ECMCHVAC systemOthersEV
hers
Co-creation with customers through front-loading activities
Enhancing marketing activities to win NEV projects
CRII(China Region Innovation Institute) launches pre-
development of eco-friendly ITMS in collaboration with
[EC=Electric Compressor] [MC=Mechanical Compressor]
major OEMs
ITMS3.0Mock
４．Status of Priority Measures
Sanden Corporation
Shift from a component supplier to an integrated thermal management system solution supplier
Trend in R&D Expenses
Progress in the H1 of 2025
Advanced development
6/10
Development for mass production
New electric compressor in advanced development (innovative and original).
2025 Initiatives = Technology development completed
H1 Results = Fundamental verification of product structure completed (as planned）
・Development costs for products that will be mass-produced within
two years.
System solution development
System solution (Platform) development
CRU(Compact Refrigerant Unit)
A compact refrigerant circuit unit comprising the refrigerant circuit.
Platform development is scheduled for completion in
2024
H1
Patent Holding Status
Result
2024
Annual Result
2025
H1
Result
2025
Annual Plan
Advanced development
Integrated compressor, water-cooled condenser, receiver tank, expansion valve, and chiller
・Reduced refrigerant usage
・Practical application of flammable refrigerant R290 through low leakage
・Miniaturization achieved installation in various vehicle models.
Mass Production Development
2025.
Advancing electric compressor, HVAC, and ECH development through new business rights acquisition
【Change in patents held】
2,096
【Ratio by SBU】
1%
10%
31%
Others
58%
Establish a HQ support system for each location, and strengthen the framework for mass production
development.
Future Activities
Process improvement and management enhancement following the strengthening of the global R&D
structure.
・Strengthen site collaboration and advance development, and rebuild the development system, development processes, and management processes
Strengthening CRU promotion activities and securing commercial rights
・Strengthen promotional system and accelerate front-loading activities
・Implement Sanden-led commercial rights acquisition activities through front-loading initiatives.
Advanced development of a new electric compressor
2022
Dec
2023
Dec
2024
Dec
2025
Jun
As of the end of June 2025
・・Product development = Completion by end of 2026 ・Mass production plan = Star
ｎ＝2,096
４．Status of Priority Measures
Optimization of global production layout and supply chain
Capital Investment
Progress in the H1 of 2025
Sanden Corporation
7/10
¥26 B ¥33 BStatus of Capital Investments
+30%
J a p a n
Installation of ECH production equipment for Europe (SOP: 2026) Decided to produce HVAC for Japan (SOP: 2027)
E u r o p e
Introduction of EC (rebuilt product) production equipment for the European market
C h i n a
Introduction of EC casting equipment for the Chinese market (to support increased production)
A s i a
Expansion of H&P (piping) equipment for the Indian market (to support increased production)
Americas
Introduction of HVAC for emerging customers (SOP: 2026)
2021-2023
(Total for 3 years)
2024-2026
(Total for 3 years)
Improving production line utilization rates
・Develop the optimal layout for the compressor production line through 2028.
Optimization of Production Layout
・Formulate and launch the FY2025 action plan to improve the efficiency of the
Europe
・Addition of the latest EC line
New installation of the HVAC line
China
・EC production
increase support
・HVAC production consolidation
Asia
・Expansion of production
plants
・Consolidation of MC
production
Americas
・Expansion of EC production
New HVAC Line built
Japan
・New model support on the
ECH line
・New HVAC line built
Fundamental improvement of the profit structure
HVAC production line.
Future Activities
Promote capital investment and improve cash
flow while closely monitoring the fluid global situation.
（％）
125
100
75
Production line utilization improvement plan
HVAC
92%
111%
98%
Increase utilization rates and reduce manufacturing costs by consolidating production lines for key products.
Production line integration and consolidation plan Compressor Production Line for ICE: 46%
50
25
0
Base Year
58%
40%
Compressor
63%
Consolidation
HVAC Production Line: 41% Consolidation
2024 2025 2026 2027
４．Status of Priority Measures
Promotion of Organizational Efficiency
Promotion of Organizational Efficiency
Progress in the H1 of 2025
Sanden Corporation
8/10
Promoting the streamlining of organizational operations
Promote operational efficiency and automation to enhance profitability
Consolidate headquarters functions and strengthen global support.
Consolidate the headquarters into 11 divisions and strengthen them as strategic hub organizations. Provide leadership and support for global locations.
Implementation of the 8 Business Efficiency
Improvement Projects
Strengthening efforts toward establishing a robust management structure that will not deteriorate. Accelerating fundamental initiatives through business process reform.
Promoted structural reforms and system development to achieve sustainable growth
and enhanced competitiveness through efficient organizational management.
・Implementation of global structural reforms
・Deployment of operational efficiency measures utilizing the Hisense AI environment (AI training)
・SAP implementation in Thailand, Malaysia, and Japan
Strengthened sustainability initiatives
・Joined the United Nations Global Compact
・Updated human rights policy and established human rights guidelines
Future Activities
Trend in IT Investment Expenses
SAP implementation across all global locations (scheduled for 2027)
Unification of global data • Standardization of global operational processes
Visualization of real-time business information
[Unit: ¥100M] 12
Effect:
Achieve inventory optimization, improved demand forecasting, and more efficient logistics.
It accelerates the speed of management decision-making.
8
Acceleration of Sustainability Initiatives (SDGs & ESG
2.９
2.2
9.4
Compliance)
4
0
2023 2024 2025
Reduction in environmental impact
Active introduction of solar panels
Installation of rebuilt product production line
Accelerate the utilization of renewable energy.
４．Status of Priority Measures
Topics －Enhancement of Investor Relations Activities－
Sanden Corporation
9/10
Progress in the H1 of 2025
Initiatives to increase the company's visibility
among domestic and international investors.
Published corporate research reports by QUICK and Nomura IR.
Distributed English versions of reports to overseas institutional investors.
Renewal of the IR site on the homepage
Real-time data updates and enhanced information for individual investors
Media Relations
Shared our response to the tariff policy
Future Activities
Company briefing session for individual investors (scheduled
for late September)
Standard Market Listing Criteria
Criteria
Sanden
（As of the end of 2024)
Status
# of shareholders
400 shareholders
9,920 shareholders
〇
# of tradable shares
2,000 units
263,851 units
〇
Tradable share
market capitalization
¥1 Billion
¥3.9 Billion
〇
Tradable share ratio
25％
23.62％
×
Compliance with standard market listing criteria
Corporate research report
Renewal of Website
We will meet the criteria by December through Hisense Group's liquidation of shares.
Increase corporate value by strengthening the IR structure
Identify investor feedback obtained through communication as business challenges, and
leverage it to increase corporate value.
① Integration of business strategy and IR
② Deepening communication with investors
③ Strategic disclosure of nonfinancial information
５． Conclusion
Sanden Corporation
10/10
Steadily advance our mid-term strategy and realize the Medium-Term Business Plan, "SHIFT 2028."
Implement structural reforms to enhance fundamental capabilities.
１． Strengthening
Earnings PowerEnhance the efficiency of all operations.
Implement fundamental measures to strengthen our foundation through structural reform.
Improve profit margins by maximizing utilization of existing assets
Enhance added value by transitioning to a system solutions supplier
Improve procurement capabilities and productivity by strengthening the supply chain
Streamline operations by advancing digital transformation
２． Sales Volume Expansion
３． Thorough Risk Management
Accelerate the transition to becoming a system supplier, expand the sales volume of NEV products, and maintain ICE products
Europe: Collaborate with major OEMs to grow both the EC and MC businesses.
China: Achieve sustained growth by leveraging our market presence in China and collaborating with joint venture
partners.
Asia: Increase our market share by capitalizing on India's market growth and the entry of Chinese OEMs.
Americas: Steadily increase market share by acquiring new OEMs' EC and MC businesses.
Japan: Strengthen relationships with OEMs and expand sales of new products to create a foundation for future growth.
Prevent risks before they occur by accurately understanding the changing
business environment.
Optimize inventory levels and execute investments at the optimal time by capturing market shifts.
Strengthen flexible and diversified supply chains to counteract tariffs.
Strengthen risk hedging against foreign exchange fluctuations.
Disclaimer
This document is intended to provide information regarding our company's management policies, plans, financial condition, and other matters for your
understanding. It is not intended to solicit investment, such as the purchase of our company's stock, or to solicit the sale of such stock.
The forecasts and forward-looking statements contained in this document are based on information available as of the date of this document's release, certain assumptions, and expectations.
Therefore, actual results, performance, and outcomes may differ significantly due to various risks and uncertainties, including economic trends, market price conditions, and exchange rate fluctuations. The Company assumes no responsibility whatsoever for any damages arising from the use of the information in this document.
Furthermore, the Company assumes no obligation to update the forecasts and forward-looking statements contained herein.
For inquiries regarding this matter, please contact us at the following address.
Mail :sdhd.prcsr.jp@g-sanden.com