Financial Results For FY2024
2025.02.17
Securities Code：6278
UNION TOOL CO.
Contents
Annual Financial Results for FY12/2024
Topics for FY12/2024 | P2 |
Consolidated Sales | P3-10 |
Capital Expenditures | P11 |
FY12/2025 Financial Forecasts
Consolidated Financial Forecasts | P12 | ||
Exchange rate | P13 | ||
Action to Implement Management that is Conscious of Cost of Capital Stock Price | |||
Fund Distribution | P14 | ||
Dividends | P15 | ||
Appendix | |||
Corporate History and Our Products | P17-18 | ||
Consolidated Performance and Management Indicators | P19 | ||
Copyright © 2024 UNION TOOL CO. All rights reserved. | 1 |
Topics for FY12/2024
- Consolidated sales reached record highs.
- We responded to the rapidly increasing demand for high value-added tools.
- Proceed with growth investments in preparation for further demand expansion.
・Demand for ULF-coated drills is rapidly increasing due to the expansion of the AI-related market. We responded by increasing production capacity by leveraging the strengths of our in-house facilities and strengthening collaboration between production sites.
・Maintain a reliable supply system to meet the increasing demand as the AI product market expands.
・With the new Mitsuke Third Factory, we will focus on increasing production capacity and expanding our lineup of carbide end mills.
Copyright © 2024 UNION TOOL CO. All rights reserved. | 2 |
Annual Financial Results for FY12/2024
(¥ million) | FY2023 | FY2024 | Year on Year | |
Change | Change rate | |||
Net sales | 25,338 | 32,606 | 7,268 | 28.7% |
Operating profit | 3,778 | 6,878 | 3,100 | 82.1% |
Operating profit | 14.9% | 21.1% | - | - |
margin | ||||
Ordinary profit | 4,073 | 7,132 | 3,059 | 75.1% |
Profit | 3,077 | 5,283 | 2,206 | 71.7% |
attributable to | ||||
owners of parent | ||||
EPS (yen) | 178.17 | 305.86 | - | - |
FY2024
Forecast
30,100
6,200
20.6%
6,500
4,500
260.49
vs.Forecast
Change Achivement
2,506 108.3%
678 110.9%
- -
632 109.7%
783 117.4%
- -
＜Effects of FOREX Rates＞ | : Net sales = +1,744 million yen, Operating profit = | +976 million yen |
VS. FY2023 | ||
VS. Forecast on Nov. 11, 2024 : Net sales = +3,314 million yen, Operating profit = +1,886 million yen | ||
Copyright © 2024 UNION TOOL CO. All rights reserved. | 3 |
Quarterly Performance for FY12/2024
（¥million） | Net Sales(left axis) | Operating profit(right axis) | Operating profit margin | （¥million） | ||||||
10,000 | 9,781 | 4,000 | ||||||||
8,371 | 26.8% | |||||||||
8,000 | 7,423 | |||||||||
7,031 | 3,000 | |||||||||
2,620 | ||||||||||
20.1% | ||||||||||
6,000 | 19.2% | |||||||||
1,686 | 16.4% | 2,000 | ||||||||
4,000 | 1,422 | 1,150 | ||||||||
2,000
1,000
0 | 0 | ||||||
FY2024 Q1 | FY2024 Q2 | FY2024 Q3 | FY2024 Q4 | ||||
FOREX | 151.41 | 161.07 | 142.73 | 158.18 | |||
Rates | |||||||
USD/JPY | |||||||
Copyright © 2024 UNION TOOL CO. All rights reserved. | 4 |
Financial Performance
（¥ million） | Net sales(left axis) | ||
35,000 | Operating profit(right axis) | ||
Profit attributable to owners of parent(right axis)
30,000
（¥ million）
32,606 | 8,000 | ||
28,174 | 29,091 | 6,878 | 7,000 |
25,000
25,212
23,265 | 24,514 | |
22,877 | 22,817 |
25,338 | 6,000 |
6,190 |
20,679
20,0004,090
20,802
5,430
4,996
5,283 5,000
15,000 | 3,148 |
3,571 |
3,097 | 3,775 |
4,176 |
3,074 | 2,864 |
3,803 |
3,778 4,000
3,228 |
3,077
3,000
10,000 2,549
5,000
2,136 |
2,655 |
2,383 | 2,539 |
2,000
1,000
0 | 0 | |||||||||||
FY14 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | |||
FY24 |
*FY2015 is 13 months due to change in the financial period (from December 1, 2014 to December 31, 2015)
Copyright © 2024 UNION TOOL CO. All rights reserved. | 5 |
Production and Sales Quantity of PCB Drills
(million pcs)
100
Sales qty Production qty
76 | 80 | 82 | 85 | 86 | 88 | |||
69 | 70 | |||||||
64 | ||||||||
61 | ||||||||
50
0
FY23(Ave) | FY24 Q1 | FY24 Q2 | FY24 Q3 | FY24 Q4 |
Copyright © 2024 UNION TOOL CO. All rights reserved. | 6 |
Major PCB Drill Users
100% | Automotive | PKG | Digital & Mobile | Telecommunication | Others | ||||||||||||||
16 | 18 | 16 | 14 | 20 | 18 | 16 | |||||||||||||
21 | 27 | 26 | 23 | ||||||||||||||||
75% | 10 | 16 | 19 | 13 | 14 | 10 | 13 | 15 | |||||||||||
11 | 5 | 5 | 6 | ||||||||||||||||
30 | 24 | 23 | 13 | ||||||||||||||||
17 | 19 | 18 | |||||||||||||||||
50% | |||||||||||||||||||
25 | 26 | 24 | 34 | 35 | 40 | 38 | 46 | ||||||||||||
26 | 26 | 20 | |||||||||||||||||
25% | |||||||||||||||||||
23 | 23 | 26 | 24 | 25 | 25 | 24 | 26 | 25 | 26 | 17 | ||
0% | ||||||||||||
FY14 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | ||
*Domestic data in Japan for a single month of December. | 7 | |||||||||||
Copyright © 2024 UNION TOOL CO. All rights reserved. |
Sales Quantity of ULF Coated Drill
Q3-4
Q1-2
FY14 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
（13 months） | ||||||||||
Copyright © 2024 UNION TOOL CO. All rights reserved. | 8 |
Sales Ratio of ULF Coated Products in PCB Drill Range
31.7%
23.7% | ||
17.2% | 18.4% | 19.4% |
12.2% 13.4% 14.0%
9.5%
5.7% 6.7%
FY14 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
（13 months） | 9 | |||||||||
Copyright © 2024 UNION TOOL CO. All rights reserved. |