Kyocera : Quarterly Trends of Financial Results〔IFRS〕

July 30, 2020	.
Kyocera Corporation	.

Quarterly Trends of Financial Results 〔IFRS〕

1. Consolidated Results of Operations																	(Unit: Yen in millions)
								FY3/2020						FY3/2021	Change compared with
				Q1		Q2		Q3		Q4		Full year		Q1		Q1 of FY3/2020	Q4 of FY3/2020
				Amount	% to Sales	Amount	% to Sales	Amount	% to Sales	Amount	% to Sales	Amount	% to Sales		Amount	% to Sales	Amount	%	Amount	%
				revenue	revenue	revenue	revenue	revenue		revenue
Sales revenue			384,937	100.0%	414,113	100.0%	397,835	100.0%	402,168	100.0%	1,599,053	100.0%		317,094	100.0%	-67,843	-17.6%	-85,074	-21.2%
Operating profit			22,629	5.9%	37,691	9.1%	34,540	8.7%	5,333	1.3%	100,193	6.3%		7,574	2.4%	-15,055	-66.5%	2,241	42.0%
Profit before income taxes			45,486	11.8%	39,727	9.6%	56,416	14.2%	7,197	1.8%	148,826	9.3%		30,411	9.6%	-15,075	-33.1%	23,214	322.6%
Profit attributable to owners of the parent		32,037	8.3%	27,577	6.7%	41,651	10.5%	6,456	1.6%	107,721	6.7%		22,380	7.1%	-9,657	-30.1%	15,924	246.7%
															(Unit: Yen)
Average		US$			110		107		109		109		109			108
exchange rate		Euro			123		119		120		120		121			118
2. Capital expenditures, Depreciation charge and R&D expenses													(Unit: Yen in millions)
								FY3/2020						FY3/2021	Change compared with
				Q1		Q2		Q3		Q4		Full year		Q1		Q1 of FY3/2020	Q4 of FY3/2020
				Amount	% to Sales	Amount	% to Sales	Amount	% to Sales	Amount	% to Sales	Amount	% to Sales		Amount	% to Sales	Amount	%	Amount	%
				revenue	revenue	revenue	revenue	revenue		revenue
Capital expenditures			25,821	6.7%	30,362	7.3%	26,844	6.7%	22,976	5.7%	106,003	6.6%		26,458	8.3%	637	2.5%	3,482	15.2%
Depreciation charge of			14,317	3.7%	14,817	3.6%	16,179	4.1%	17,100	4.3%	62,413	3.9%		17,065	5.4%	2,748	19.2%	-35	-0.2%
property, plant and equipment
R&D expenses			18,866	4.9%	19,717	4.8%	20,325	5.1%	20,333	5.1%	79,241	5.0%		17,355	5.5%	-1,511	-8.0%	-2,978	-14.6%

1

																				July 30, 2020	.
																			Kyocera Corporation	.
3. Sales Revenue by Reporting Segment ※																(Unit: Yen in millions)
								FY3/2020						FY3/2021	Change compared with
				Q1		Q2		Q3		Q4		Full year		Q1		Q1 of FY3/2020	Q4 of FY3/2020
				Amount	%*	Amount	%*	Amount	%*	Amount	%*	Amount	%*		Amount	%*	Amount	%	Amount	%
	Industrial & Automotive Components Group			79,330	20.6%	87,822	21.2%	86,602	21.8%	87,339	21.7%	341,093	21.3%		80,596	25.4%	1,266	1.6%	-6,743	-7.7%
	Semiconductor Components Group			57,973	15.1%	65,122	15.7%	63,995	16.1%	60,138	15.0%	247,228	15.5%		56,124	17.7%	-1,849	-3.2%	-4,014	-6.7%
	Electronic Devices Group			83,203	21.6%	84,348	20.4%	81,229	20.4%	75,333	18.7%	324,113	20.3%		61,440	19.4%	-21,763	-26.2%	-13,893	-18.4%
	Total Components Business			220,506	57.3%	237,292	57.3%	231,826	58.3%	222,810	55.4%	912,434	57.1%		198,160	62.5%	-22,346	-10.1%	-24,650	-11.1%
	Communications Group			64,781	16.8%	69,506	16.8%	63,841	16.1%	72,690	18.1%	270,818	17.0%		49,737	15.7%	-15,044	-23.2%	-22,953	-31.6%
	Document Solutions Group			87,130	22.6%	90,754	21.9%	89,640	22.5%	92,391	23.0%	359,915	22.5%		60,058	18.9%	-27,072	-31.1%	-32,333	-35.0%
	Life & Environment Group			16,866	4.4%	20,963	5.1%	16,391	4.1%	19,527	4.8%	73,747	4.6%		12,362	3.9%	-4,504	-26.7%	-7,165	-36.7%
	Total Equipment & Systems Business			168,777	43.8%	181,223	43.8%	169,872	42.7%	184,608	45.9%	704,480	44.1%		122,157	38.5%	-46,620	-27.6%	-62,451	-33.8%
	Others			4,110	1.1%	3,691	0.9%	4,709	1.2%	4,227	1.1%	16,737	1.0%		3,757	1.2%	-353	-8.6%	-470	-11.1%
	Adjustments and eliminations			-8,456	-2.2%	-8,093	-2.0%	-8,572	-2.2%	-9,477	-2.4%	-34,598	-2.2%		-6,980	-2.2%	1,476	－	2,497	－
	Sales revenue			384,937	100.0%	414,113	100.0%	397,835	100.0%	402,168	100.0%	1,599,053	100.0%		317,094	100.0%	-67,843	-17.6%	-85,074	-21.2%
* % represents the component ratio.
4. Business Profit by Reporting Segment ※																(Unit: Yen in millions)
								FY3/2020						FY3/2021	Change compared with
				Q1		Q2		Q3		Q4		Full year		Q1		Q1 of FY3/2020	Q4 of FY3/2020
				Amount	% to Sales	Amount	% to Sales	Amount	% to Sales	Amount	% to Sales	Amount	% to Sales		Amount	% to Sales	Amount	%	Amount	%
				revenue	revenue	revenue	revenue	revenue		revenue
	Industrial & Automotive Components Group			4,798	6.0%	4,436	5.1%	3,210	3.7%	3,369	3.9%	15,813	4.6%		1,666	2.1%	-3,132	-65.3%	-1,703	-50.5%
	Semiconductor Components Group			5,082	8.8%	9,408	14.4%	8,508	13.3%	7,513	12.5%	30,511	12.3%		5,623	10.0%	541	10.6%	-1,890	-25.2%
	Electronic Devices Group			13,418	16.1%	11,560	13.7%	11,496	14.2%	-4,730	－	31,744	9.8%		2,407	3.9%	-11,011	-82.1%	7,137	－
	Total Components Business			23,298	10.6%	25,404	10.7%	23,214	10.0%	6,152	2.8%	78,068	8.6%		9,696	4.9%	-13,602	-58.4%	3,544	57.6%
	Communications Group			2,012	3.1%	3,105	4.5%	1,949	3.1%	4,193	5.8%	11,259	4.2%		1,697	3.4%	-315	-15.7%	-2,496	-59.5%
	Document Solutions Group			8,966	10.3%	9,917	10.9%	8,615	9.6%	6,991	7.6%	34,489	9.6%		1,809	3.0%	-7,157	-79.8%	-5,182	-74.1%
	Life & Environment Group			-2,555	－	-2,503	－	-2,359	－	-3,548	－	-10,965	－		-3,834	－	-1,279	－	-286	－
	Total Equipment & Systems Business			8,423	5.0%	10,519	5.8%	8,205	4.8%	7,636	4.1%	34,783	4.9%		-328	－	-8,751	－	-7,964	－
	Others			-910	－	-1,010	－	-1,213	－	-1,351	－	-4,484	－		-633	－	277	－	718	－
	Total business profit			30,811	8.0%	34,913	8.4%	30,206	7.6%	12,437	3.1%	108,367	6.8%		8,735	2.8%	-22,076	-71.6%	-3,702	-29.8%
	Corporate gains and share of net profit of
	investments accounted for using the equity			14,938	－	5,137	－	26,222	－	-4,320	－	41,977	－		22,197	－	7,259	48.6%	26,517	－
	method
	Adjustments and eliminations			-263	－	-323	－	-12	－	-920	－	-1,518	－		-521	－	-258	－	399	－
	Profit before income taxes			45,486	11.8%	39,727	9.6%	56,416	14.2%	7,197	1.8%	148,826	9.3%		30,411	9.6%	-15,075	-33.1%	23,214	322.6%

2

																				July 30, 2020	.
																		Kyocera Corporation	.
5. Orders by Reporting Segment ※																	(Unit: Yen in millions)
							FY3/2020						FY3/2021	Change compared with
			Q1		Q2		Q3		Q4		Full year		Q1		Q1 of FY3/2020	Q4 of FY3/2020
			Amount	%*	Amount	%*	Amount	%*	Amount	%*	Amount	%*		Amount	%*	Amount	%	Amount		%
	Industrial & Automotive Components Group		77,940	20.6%	87,813	22.5%	86,149	22.2%	87,593	22.4%	339,495	21.9%		79,159	23.3%	1,219	1.6%	-8,434		-9.6%
	Semiconductor Components Group		58,118	15.4%	64,395	16.5%	61,278	15.8%	59,935	15.3%	243,726	15.8%		61,213	18.0%	3,095	5.3%	1,278		2.1%
	Electronic Devices Group		85,360	22.6%	80,172	20.6%	78,143	20.1%	75,902	19.4%	319,577	20.7%		62,767	18.5%	-22,593	-26.5%	-13,135		-17.3%
	Total Components Business		221,418	58.6%	232,380	59.6%	225,570	58.1%	223,430	57.1%	902,798	58.4%		203,139	59.8%	-18,279	-8.3%	-20,291		-9.1%
	Communications Group		59,796	15.8%	56,221	14.4%	59,161	15.2%	62,436	16.0%	237,614	15.4%		69,775	20.5%	9,979	16.7%	7,339		11.8%
	Document Solutions Group		87,050	23.1%	90,337	23.2%	89,567	23.1%	92,400	23.6%	359,354	23.2%		59,917	17.6%	-27,133	-31.2%	-32,483		-35.2%
	Life & Environment Group		14,776	3.9%	15,412	3.9%	18,104	4.7%	22,631	5.8%	70,923	4.6%		12,679	3.8%	-2,097	-14.2%	-9,952		-44.0%
	Total Equipment & Systems Business		161,622	42.8%	161,970	41.5%	166,832	43.0%	177,467	45.4%	667,891	43.2%		142,371	41.9%	-19,251	-11.9%	-35,096		-19.8%
	Others		2,841	0.8%	2,549	0.7%	2,936	0.7%	2,418	0.6%	10,744	0.7%		2,546	0.7%	-295	-10.4%	128		5.3%
	Adjustments and eliminations		-8,272	-2.2%	-7,030	-1.8%	-7,095	-1.8%	-12,113	-3.1%	-34,510	-2.3%		-8,174	-2.4%	98	－	3,939		－
	Orders		377,609	100.0%	389,869	100.0%	388,243	100.0%	391,202	100.0%	1,546,923	100.0%		339,882	100.0%	-37,727	-10.0%	-51,320		-13.1%
* % represents the component ratio.
6. Capital expenditures by Reporting Segment ※															(Unit: Yen in millions)
							FY3/2020						FY3/2021	Change compared with
			Q1		Q2		Q3		Q4		Full year		Q1		Q1 of FY3/2020	Q4 of FY3/2020
			Amount	%*	Amount	%*	Amount	%*	Amount	%*	Amount	%*		Amount	%*	Amount	%	Amount		%
	Industrial & Automotive Components Group		5,195	20.1%	6,183	20.4%	7,247	27.0%	4,344	18.9%	22,969	21.6%		2,953	11.2%	-2,242	-43.2%	-1,391		-32.0%
	Semiconductor Components Group		2,184	8.5%	3,560	11.7%	2,381	8.9%	3,833	16.7%	11,958	11.3%		4,424	16.7%	2,240	102.6%	591		15.4%
	Electronic Devices Group		9,672	37.4%	8,988	29.6%	5,472	20.4%	5,426	23.6%	29,558	27.9%		10,641	40.2%	969	10.0%	5,215		96.1%
	Total Components Business		17,051	66.0%	18,731	61.7%	15,100	56.3%	13,603	59.2%	64,485	60.8%		18,018	68.1%	967	5.7%	4,415		32.5%
	Communications Group		1,137	4.4%	1,295	4.3%	1,691	6.3%	2,101	9.1%	6,224	5.9%		1,810	6.8%	673	59.2%	-291		-13.9%
	Document Solutions Group		1,659	6.4%	2,104	6.9%	3,045	11.4%	2,058	9.0%	8,866	8.4%		1,913	7.2%	254	15.3%	-145		-7.0%
	Life & Environment Group		1,569	6.1%	1,242	4.1%	1,265	4.7%	1,608	7.0%	5,684	5.3%		2,790	10.6%	1,221	77.8%	1,182		73.5%
	Total Equipment & Systems Business		4,365	16.9%	4,641	15.3%	6,001	22.4%	5,767	25.1%	20,774	19.6%		6,513	24.6%	2,148	49.2%	746		12.9%
	Others		1,021	4.0%	1,220	4.0%	483	1.7%	474	2.1%	3,198	3.0%		397	1.5%	-624	-61.1%	-77		-16.2%
	Corporate		3,384	13.1%	5,770	19.0%	5,260	19.6%	3,132	13.6%	17,546	16.6%		1,530	5.8%	-1,854	-54.8%	-1,602		-51.1%
	Total		25,821	100.0%	30,362	100.0%	26,844	100.0%	22,976	100.0%	106,003	100.0%		26,458	100.0%	637	2.5%	3,482		15.2%
* % represents the component ratio.

3

																				July 30, 2020	.
																		Kyocera Corporation	.
7. Depreciation charge of property, plant and equipment by Reporting Segment ※											(Unit: Yen in millions)
							FY3/2020						FY3/2021	Change compared with
			Q1		Q2		Q3		Q4		Full year		Q1		Q1 of FY3/2020	Q4 of FY3/2020
			Amount	%*	Amount	%*	Amount	%*	Amount	%*	Amount	%*		Amount	%*	Amount	%	Amount		%
	Industrial & Automotive Components Group		3,506	24.5%	3,730	25.2%	4,096	25.4%	4,112	24.1%	15,444	24.8%		4,436	26.0%	930	26.5%	324		7.9%
	Semiconductor Components Group		1,983	13.9%	2,110	14.2%	2,366	14.6%	2,523	14.8%	8,982	14.4%		2,697	15.8%	714	36.0%	174		6.9%
	Electronic Devices Group		4,860	33.9%	4,932	33.3%	5,379	33.2%	5,637	33.0%	20,808	33.3%		5,287	31.0%	427	8.8%	-350		-6.2%
	Total Components Business		10,349	72.3%	10,772	72.7%	11,841	73.2%	12,272	71.9%	45,234	72.5%		12,420	72.8%	2,071	20.0%	148		1.2%
	Communications Group		759	5.3%	814	5.5%	885	5.4%	1,221	7.1%	3,679	5.9%		1,112	6.5%	353	46.5%	-109		-8.9%
	Document Solutions Group		1,542	10.8%	1,543	10.4%	1,663	10.3%	1,605	9.4%	6,353	10.2%		1,582	9.3%	40	2.6%	-23		-1.4%
	Life & Environment Group		831	5.8%	863	5.8%	805	5.0%	928	5.4%	3,427	5.5%		1,031	6.0%	200	24.1%	103		11.1%
	Total Equipment & Systems Business		3,132	21.9%	3,220	21.7%	3,353	20.7%	3,754	21.9%	13,459	21.6%		3,725	21.8%	593	18.9%	-29		-0.8%
	Others		373	2.6%	400	2.7%	434	2.7%	455	2.6%	1,662	2.6%		395	2.3%	22	5.9%	-60		-13.2%
	Corporate		463	3.2%	425	2.9%	551	3.4%	619	3.6%	2,058	3.3%		525	3.1%	62	13.4%	-94		-15.2%
	Total		14,317	100.0%	14,817	100.0%	16,179	100.0%	17,100	100.0%	62,413	100.0%		17,065	100.0%	2,748	19.2%	-35		-0.2%
* % represents the component ratio.
8. R&D expenses by Reporting Segment ※																(Unit: Yen in millions)
							FY3/2020						FY3/2021	Change compared with
			Q1		Q2		Q3		Q4		Full year		Q1		Q1 of FY3/2020	Q4 of FY3/2020
			Amount	%*	Amount	%*	Amount	%*	Amount	%*	Amount	%*		Amount	%*	Amount	%	Amount		%
	Industrial & Automotive Components Group		3,268	17.3%	3,462	17.5%	3,717	18.3%	3,920	19.3%	14,367	18.1%		2,797	16.1%	-471	-14.4%	-1,123		-28.6%
	Semiconductor Components Group		1,007	5.3%	1,062	5.4%	1,193	5.9%	1,224	6.0%	4,486	5.7%		1,053	6.1%	46	4.6%	-171		-14.0%
	Electronic Devices Group		3,823	20.3%	4,057	20.6%	4,252	20.9%	4,313	21.2%	16,445	20.7%		4,136	23.8%	313	8.2%	-177		-4.1%
	Total Components Business		8,098	42.9%	8,581	43.5%	9,162	45.1%	9,457	46.5%	35,298	44.5%		7,986	46.0%	-112	-1.4%	-1,471		-15.6%
	Communications Group		1,407	7.5%	1,518	7.7%	1,954	9.6%	1,671	8.2%	6,550	8.3%		1,628	9.4%	221	15.7%	-43		-2.6%
	Document Solutions Group		5,272	27.9%	5,385	27.3%	5,547	27.3%	5,411	26.6%	21,615	27.3%		4,782	27.5%	-490	-9.3%	-629		-11.6%
	Life & Environment Group		2,387	12.7%	2,334	11.8%	2,082	10.2%	2,246	11.1%	9,049	11.4%		1,852	10.7%	-535	-22.4%	-394		-17.5%
	Total Equipment & Systems Business		9,066	48.1%	9,237	46.8%	9,583	47.1%	9,328	45.9%	37,214	47.0%		8,262	47.6%	-804	-8.9%	-1,066		-11.4%
	Others		1,702	9.0%	1,899	9.7%	1,580	7.8%	1,548	7.6%	6,729	8.5%		1,107	6.4%	-595	-35.0%	-441		-28.5%
	Total		18,866	100.0%	19,717	100.0%	20,325	100.0%	20,333	100.0%	79,241	100.0%		17,355	100.0%	-1,511	-8.0%	-2,978		-14.6%
* % represents the component ratio.

4

9. Sales Revenue by Geographic Segment

July 30, 2020	.
Kyocera Corporation	.
(Unit: Yen in millions)

Japan

Asia

United States of America

Europe

Others

Sales revenue

				FY3/2020
Q1		Q2		Q3		Q4		Full year
Amount	%*	Amount	%*	Amount	%*	Amount	%*	Amount	%*
143,353	37.3%	154,751	37.4%	144,544	36.3%	155,465	38.7%	598,113	37.4%
86,277	22.4%	93,964	22.7%	97,155	24.4%	81,550	20.3%	358,946	22.4%
63,643	16.5%	75,288	18.2%	68,872	17.3%	68,199	17.0%	276,002	17.3%
76,711	19.9%	75,204	18.2%	72,938	18.3%	81,473	20.3%	306,326	19.2%
14,953	3.9%	14,906	3.5%	14,326	3.7%	15,481	3.7%	59,666	3.7%
384,937	100.0%	414,113	100.0%	397,835	100.0%	402,168	100.0%	1,599,053	100.0%

FY3/2021	Change compared with
Q1		Q1 of FY3/2020	Q4 of FY3/2020
Amount	%*	Amount	%	Amount		%
122,807	38.7%	-20,546	-14.3%	-32,658		-21.0%
79,615	25.1%	-6,662	-7.7%	-1,935		-2.4%
56,190	17.7%	-7,453	-11.7%	-12,009		-17.6%
50,462	15.9%	-26,249	-34.2%	-31,011		-38.1%
8,020	2.6%	-6,933	-46.4%	-7,461		-48.2%
317,094	100.0%	-67,843	-17.6%	-85,074		-21.2%

• % represents the component ratio.

10. Number of employees

Total

Japan

Outside Japan

					(As of the end of each quarter)
	FY3/2020				FY3/2021
Q1	Q2		Q3	Q4		Q1
77,817	76,786		76,411	75,505		77,036
26,222	26,198		26,085	26,225		26,903
51,595	50,588		50,326	49,280		50,133

• On April 1, 2020, a domestic subsidiary Kyocera Communication Systems Co., Ltd., which is included in "Communications Group", absorbed and merged with a domestic subsidiary Kyocera Solar Corporation, which was included in "Life & Environment Group." As a result, reporting segment information in FY3/2020 are presented in the reporting segment after the merger.

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