Fuji : First Quarter 2024 Financial Result Explanatory Materials (August 3, 2023)

Premier Market of the Nagoya Stock Exchange

Prime Market of the Tokyo Stock Exchange

Securities Code: 6134

First Quarter for Fiscal Year Ending March 2024

Financial Results Explanatory Materials

August 2023

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Contents

1. Financial Summary

2. Financial Forecast for FY2024 3. Towards Being Carbon Neutral

Copyright © 2023 by FUJI CORPORATION. All rights reserved.

2

1. Financial Summary

Copyright © 2023 by FUJI CORPORATION. All rights reserved.

3

FY2024 Q1 Results

• Lower sales and profit with a cautious stance on capital investment worldwide

(Millions of yen)

			Compared to the
	FY2023 Q1	FY2024 Q1	same period last year	160,000
	results	results	Amount	Ratio	120,000
			80,000
Orders	42,411	27,630	▲14,781	▲34.9％	40,000
0
Net sales	39,233	33,054	▲6,178	▲15.7％
Operating	7,190	4,105	▲3,084	▲42.9％	160,000
profit					120,000
Ordinary	8,538	5,023	▲3,514	▲41.2％		80,000
profit		40,000
Profit	5,935	3,396	▲2,538	▲42.8％	0
attributable to
owners of parent

Copyright © 2023 by FUJI CORPORATION. All rights reserved.

163,473 Orders

142,429

47,345 27,800

36,663 26,906

33,644	45,310
45,819	42,411	27,630
FY2022	FY2023	FY2024

Net sales

148,128 153,326

38,773	37,865
36,796	36,791
33,796	39,436
38,761	39,233	33,054
FY2022	FY2023	FY2024

Q4

Q3

Q2

Q1

Q4

Q3

Q2

Q1

4

Operating Income Increase/Decrease Analysis

• Profit decreased by 3,084 million yen, as improved sales prices combined with a favorable customer mix were unable to offset

continued high material costs and declining sales volumes.
Decrease in gross	SG&A expenses
profit ▲3,017	increase/decrease ▲67

(Millions of yen)

Net sales	Net sales
39,233	33,054
Copyright © 2023 by FUJI CORPORATION. All rights reserved.	5