Yageo (2327) Corporate presentation summary

Corporate profile and strategy

• Headquartered in Taipei, with over 40,000 employees and more than 100 locations worldwide, generating $4B in annual revenue and serving 273,000+ global customers.

• Mission focuses on delivering innovative, reliable solutions for a safer, more efficient, and interconnected future.

• Vision emphasizes manufacturing scalability, comprehensive product offerings, and sustainable customer relationships.

• Principal brands include KEMET, PULSE, and Telemecanique Sensors.

Business segments and product leadership

• Product portfolio covers capacitors, resistors, inductors, EMC, sensors, magnetics, antennas, circuit protection, and more.

• Holds No.1 global market share in resistors, Pt temperature sensor elements, and limit switches; No.3 in MLCC and inductors.

• Magnetics group leads in discrete LAN magnetics and automotive magnetic products.

• Capacitor group is a leader in polymer tantalum and film capacitors, with strong automotive and industrial presence.

Financial performance (Q4 and FY 2024)

• FY2024 net sales reached NT$121,667M (+13.1% YoY), with gross margin at 34.4% (+0.9ppts YoY) and net income at NT$19,487M (+11.2% YoY).

• Q4 2024 net sales were NT$30,006M (-5.5% QoQ, +9.7% YoY), gross margin 33.2%, and net income NT$3,688M (-35.1% QoQ, -22.4% YoY).

• Q4 EPS was NT$7.10, with a one-time tax impact; excluding this, EPS was NT$9.46.

• Free cash flow in Q4 was NT$9,353M, with net financial debt/EBITDA reduced to 39.9%.