Asahi Yukizai (4216) Corporate presentation summary

Review of previous mid-term plan (GNT2025)

• Net sales and operating profit exceeded initial targets due to strong semiconductor demand and timely investments, but FY2025 results dipped below revised targets due to rising costs and delays in US and China investments.

• Semiconductor-related net sales increased by approximately 89% from FY2021 to FY2025, driven by capacity expansion and international growth.

• Major business achievements included a 91% increase in semiconductor sector sales and a 13-point rise in overseas sales ratio for Valve & Piping Systems.

• Structural reforms improved profitability in Foundry Materials, and the company exited non-core businesses.

• Enhanced governance with a Nomination and Remuneration Committee and CxO system to clarify management responsibilities.

Medium- to long-term vision and targets

• Aims to be a "Great Niche Top" by leading in unique markets and winning societal empathy.

• FY2030 targets: net sales of ¥120 billion, operating profit of ¥20 billion, ROIC of 10%, and ROE of 15%.

• Long-term (FY2035) targets: net sales of ¥200 billion, operating profit of ¥40 billion, ROIC of 13%, and ROE of 18%.

Core strategies for GNT2030

• Deepen and expand the semiconductor business through supply chain strengthening and new plant investments.

• Promote "niche top" strategies tailored to regional market needs, including product localization and new supply systems in North America and India.

• Transform domestic business models by shifting from competition to co-creation, integrating design, engineering, and maintenance services.

• Implement strategies for each Strategic Business Unit (SBU) to optimize profit structure and investment priorities.