Kyocera : Quarterly Trends of Financial Results〔IFRS〕

July 29, 2021	.
Kyocera Corporation	.

Quarterly Trends of Financial Results 〔IFRS〕

1. Consolidated Results of Operations

Sales revenue

Operating profit

Profit before income taxes

Profit attributable to owners of the parent

Average	US$
exchange rate	Euro

						FY3/2021
Q1		Q2		Q3		Q4		Full year
Amount		% to Sales	Amount		% to Sales	Amount		% to Sales	Amount		% to Sales	Amount	% to Sales
	revenue		revenue		revenue		revenue	revenue
317,094		100.0%	378,943		100.0%	404,497		100.0%	426,363		100.0%	1,526,897	100.0%
7,574		2.4%	16,491		4.4%	18,918		4.7%	27,661		6.5%	70,644	4.6%
30,411		9.6%	17,838		4.7%	38,967		9.6%	30,343		7.1%	117,559	7.7%
22,380		7.1%	11,980		3.2%	29,571		7.3%	26,283		6.2%	90,214	5.9%
		108			106			105			106		106
		118			124			125			128		124

				(Unit: Yen in millions)
FY3/2022	Change compared with
Q1		Q1 of FY3/2021	Q4 of FY3/2021
Amount	% to Sales	Amount	%	Amount		%
revenue
420,712	100.0%	103,618	32.7%	-5,651		-1.3%
32,376	7.7%	24,802	327.5%	4,715		17.0%
54,476	12.9%	24,065	79.1%	24,133		79.5%
40,760	9.7%	18,380	82.1%	14,477		55.1%
(Unit: Yen)
	109
	132

2. Capital expenditures, Depreciation charge and R&D expenses
								FY3/2021
		Q1		Q2		Q3		Q4		Full year
		Amount		% to Sales	Amount		% to Sales	Amount		% to Sales	Amount		% to Sales	Amount	% to Sales
			revenue		revenue		revenue		revenue	revenue
Capital expenditures		26,458		8.3%	30,609		8.1%	32,056		7.9%	27,983		6.6%	117,106	7.7%
Depreciation charge of		17,065		5.4%	17,966		4.7%	18,980		4.7%	19,800		4.6%	73,811	4.8%
property, plant and equipment
R&D expenses		17,355		5.5%	17,771		4.7%	19,116		4.7%	21,215		5.0%	75,457	4.9%

				(Unit: Yen in millions)
FY3/2022	Change compared with
Q1		Q1 of FY3/2021	Q4 of FY3/2021
Amount	% to Sales	Amount	%	Amount		%
revenue
34,199	8.1%	7,741	29.3%	6,216		22.2%
20,510	4.9%	3,445	20.2%	710		3.6%
20,106	4.8%	2,751	15.9%	-1,109		-5.2%

1

																						July 29, 2021	.
																						Kyocera Corporation	.
3. Sales Revenue by Reporting Segment ※																					(Unit: Yen in millions)
									FY3/2021							FY3/2022	Change compared with
			Q1		Q2		Q3		Q4		Full year		Q1		Q1 of FY3/2021	Q4 of FY3/2021
			Amount		%*	Amount		%*	Amount		%*	Amount		%*	Amount	%*		Amount	%*	Amount	%	Amount		%
	Core Components Business		90,921		28.7%	105,397		27.8%	112,896		27.9%	115,455		27.1%	424,669	27.8%		116,576	27.7%	25,655	28.2%	1,121		1.0%
	Industrial & Automotive Components Unit		29,617		9.4%	32,782		8.7%	35,062		8.7%	38,423		9.0%	135,884	8.9%		40,531	9.6%	10,914	36.9%	2,108		5.5%
	Semiconductor Components Unit		56,124		17.7%	66,385		17.5%	70,796		17.5%	70,290		16.5%	263,595	17.3%		69,724	16.6%	13,600	24.2%	-566		-0.8%
	Others		5,180		1.6%	6,230		1.6%	7,038		1.7%	6,742		1.6%	25,190	1.6%		6,321	1.5%	1,141	22.0%	-421		-6.2%
	Electronic Components Business		54,398		17.1%	70,582		18.6%	73,923		18.3%	74,099		17.4%	273,002	17.9%		76,779	18.3%	22,381	41.1%	2,680		3.6%
	Solutions Business		173,411		54.7%	204,785		54.1%	218,645		54.0%	238,372		55.9%	835,213	54.7%		228,017	54.2%	54,606	31.5%	-10,355		-4.3%
	Industrial Tools Unit		44,254		14.0%	46,516		12.3%	48,479		11.9%	53,817		12.6%	193,066	12.6%		61,882	14.7%	17,628	39.8%	8,065		15.0%
	Document Solutions Unit		60,058		18.9%	78,082		20.6%	87,941		21.8%	90,145		21.2%	316,226	20.7%		86,036	20.5%	25,978	43.3%	-4,109		-4.6%
	Communications Unit		49,737		15.7%	57,725		15.3%	57,464		14.2%	67,813		15.9%	232,739	15.2%		55,257	13.1%	5,520	11.1%	-12,556		-18.5%
	Others		19,362		6.1%	22,462		5.9%	24,761		6.1%	26,597		6.2%	93,182	6.2%		24,842	5.9%	5,480	28.3%	-1,755		-6.6%
	Others		3,757		1.2%	4,180		1.1%	4,809		1.2%	5,423		1.3%	18,169	1.2%		6,044	1.4%	2,287	60.9%	621		11.5%
	Adjustments and eliminations		-5,393		-1.7%	-6,001		-1.6%	-5,776		-1.4%	-6,986	-1.7%	-24,156	-1.6%		-6,704	-1.6%	-1,311	－	282		－
	Sales revenue		317,094		100.0%	378,943		100.0%	404,497		100.0%	426,363		100.0%	1,526,897	100.0%		420,712	100.0%	103,618	32.7%	-5,651		-1.3%
* % represents the component ratio.

2

																						July 29, 2021	.
																						Kyocera Corporation	.
4. Business Profit by Reporting Segment ※																				(Unit: Yen in millions)
									FY3/2021							FY3/2022	Change compared with
			Q1		Q2		Q3		Q4		Full year		Q1		Q1 of FY3/2021	Q4 of FY3/2021
			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
	Core Components Business		4,551		5.0%	6,293		6.0%	8,540		7.6%	11,165		9.7%	30,549	7.2%		11,006	9.4%	6,455	141.8%	-159		-1.4%
	Industrial & Automotive Components Unit		-90		－	197		0.6%	1,048		3.0%	3,086		8.0%	4,241	3.1%		4,229	10.4%	4,319	－	1,143		37.0%
	Semiconductor Components Unit		5,623		10.0%	6,480		9.8%	7,388		10.4%	8,769		12.5%	28,260	10.7%		7,351	10.5%	1,728	30.7%	-1,418		-16.2%
	Others		-982		－	-384		－	104		1.5%	-690		－	-1,952	－		-574	－	408	－	116		－
	Electronic Components Business		2,177		4.0%	6,346		9.0%	7,456		10.1%	7,021		9.5%	23,000	8.4%		11,456	14.9%	9,279	426.2%	4,435		63.2%
	Solutions Business		2,636		1.5%	6,111		3.0%	5,962		2.7%	22,797		9.6%	37,506	4.5%		15,324	6.7%	12,688	481.3%	-7,473		-32.8%
	Industrial Tools Unit		2,631		5.9%	3,479		7.5%	3,681		7.6%	5,930		11.0%	15,721	8.1%		7,833	12.7%	5,202	197.7%	1,903		32.1%
	Document Solutions Unit		1,809		3.0%	4,241		5.4%	12,301		14.0%	10,408		11.5%	28,759	9.1%		6,637	7.7%	4,828	266.9%	-3,771		-36.2%
	Communications Unit		1,697		3.4%	2,213		3.8%	2,996		5.2%	7,691		11.3%	14,597	6.3%		2,100	3.8%	403	23.7%	-5,591		-72.7%
	Others		-3,501		－	-3,822		－	-13,016		－	-1,232		－	-21,571	－		-1,246	－	2,255	－	-14		－
	Others		-633		－	-643		－	-424		－	-1,402		－	-3,102	－		-3,473	－	-2,840	－	-2,071		－
	Total business profit		8,731		2.8%	18,107		4.8%	21,534		5.3%	39,581		9.3%	87,953	5.8%		34,313	8.2%	25,582	293.0%	-5,268		-13.3%
	Corporate gains and share of net profit of
	investments accounted for using the equity		22,197		－	240		－	17,764		－	-8,498		－	31,703	－		20,883	－	-1,314	-5.9%	29,381		－
	method
	Adjustments and eliminations		-517		－	-509		－	-331		－	-740		－	-2,097	－		-720	－	-203	－	20		－
	Profit before income taxes		30,411		9.6%	17,838		4.7%	38,967		9.6%	30,343		7.1%	117,559	7.7%		54,476	12.9%	24,065	79.1%	24,133		79.5%

3

																						July 29, 2021	.
																						Kyocera Corporation	.
5. Orders by Reporting Segment ※																					(Unit: Yen in millions)
									FY3/2021							FY3/2022	Change compared with
			Q1		Q2		Q3		Q4		Full year		Q1		Q1 of FY3/2021	Q4 of FY3/2021
			Amount		%*	Amount		%*	Amount		%*	Amount		%*	Amount	%*		Amount	%*	Amount	%	Amount		%
	Core Components Business		95,289		28.1%	105,821		28.2%	111,459		27.1%	113,393		27.7%	425,962	27.8%		125,363	28.3%	30,074	31.6%	11,970		10.6%
	Industrial & Automotive Components Unit		28,828		8.5%	32,089		8.5%	34,867		8.4%	38,251		9.4%	134,035	8.7%		43,316	9.8%	14,488	50.3%	5,065		13.2%
	Semiconductor Components Unit		61,213		18.0%	67,511		18.0%	69,585		17.0%	68,466		16.7%	266,775	17.4%		75,632	17.1%	14,419	23.6%	7,166		10.5%
	Others		5,248		1.6%	6,221		1.7%	7,007		1.7%	6,676		1.6%	25,152	1.7%		6,415	1.4%	1,167	22.2%	-261		-3.9%
	Electronic Components Business		56,640		16.7%	72,435		19.3%	78,654		19.2%	63,797		15.6%	271,526	17.7%		89,284	20.2%	32,644	57.6%	25,487		40.0%
	Solutions Business		191,444		56.3%	199,614		53.3%	222,571		54.2%	238,983		58.3%	852,612	55.5%		230,514	52.0%	39,070	20.4%	-8,469		-3.5%
	Industrial Tools Unit		43,699		12.9%	47,575		12.7%	50,225		12.3%	55,169		13.4%	196,668	12.8%		62,767	14.2%	19,068	43.6%	7,598		13.8%
	Document Solutions Unit		59,917		17.6%	77,899		20.8%	89,130		21.7%	91,063		22.2%	318,009	20.7%		85,621	19.3%	25,704	42.9%	-5,442		-6.0%
	Communications Unit		69,775		20.5%	52,837		14.1%	57,632		14.0%	65,745		16.1%	245,989	16.0%		56,201	12.7%	-13,574	-19.5%	-9,544		-14.5%
	Others		18,053		5.3%	21,303		5.7%	25,584		6.2%	27,006		6.6%	91,946	6.0%		25,925	5.8%	7,872	43.6%	-1,081		-4.0%
	Others		2,546		0.7%	2,326		0.6%	2,856		0.7%	3,541		0.9%	11,269	0.7%		3,829	0.9%	1,283	50.4%	288		8.1%
	Adjustments and eliminations		-6,037		-1.8%	-5,171		-1.4%	-4,874		-1.2%	-9,964	-2.5%	-26,046	-1.7%		-6,124	-1.4%	-87	－	3,840		－
	Orders		339,882		100.0%	375,025		100.0%	410,666		100.0%	409,750		100.0%	1,535,323	100.0%		442,866	100.0%	102,984	30.3%	33,116		8.1%
* % represents the component ratio.

4

																						July 29, 2021	.
																						Kyocera Corporation	.
6. Capital expenditures by Reporting Segment ※																			(Unit: Yen in millions)
									FY3/2021							FY3/2022	Change compared with
		Q1		Q2			Q3		Q4		Full year		Q1		Q1 of FY3/2021	Q4 of FY3/2021
		Amount		%*	Amount		%*		Amount		%*	Amount		%*	Amount	%*		Amount	%*	Amount	%	Amount		%
Core Components Business		6,643		25.1%	9,431		30.8%		9,909		30.9%	8,948		32.0%	34,931	29.8%		16,771	49.0%	10,128	152.5%	7,823		87.4%
Electronic Components Business		10,197		38.5%	11,970		39.1%		13,440		41.9%	10,505		37.5%	46,112	39.4%		7,632	22.3%	-2,565	-25.2%	-2,873		-27.3%
Solutions Business		7,691		29.1%	6,798		22.2%		6,713		21.0%	6,185		22.1%	27,387	23.4%		5,331	15.6%	-2,360	-30.7%	-854		-13.8%
Others		397		1.5%	849		2.8%		398		1.2%	379		1.4%	2,023	1.7%		425	1.3%	28	7.1%	46		12.1%
Corporate		1,530		5.8%	1,561		5.1%		1,596		5.0%	1,966		7.0%	6,653	5.7%		4,040	11.8%	2,510	164.1%	2,074		105.5%
Total		26,458		100.0%	30,609		100.0%		32,056		100.0%	27,983		100.0%	117,106	100.0%		34,199	100.0%	7,741	29.3%	6,216		22.2%
* % represents the component ratio.
7. Depreciation charge of property, plant and equipment by Reporting Segment ※														(Unit: Yen in millions)
									FY3/2021							FY3/2022	Change compared with
		Q1		Q2			Q3		Q4		Full year		Q1		Q1 of FY3/2021	Q4 of FY3/2021
		Amount		%*	Amount		%*		Amount		%*	Amount		%*	Amount	%*		Amount	%*	Amount	%	Amount		%
Core Components Business		5,547		32.5%	5,918		32.9%		6,291		33.2%	6,833		34.5%	24,589	33.3%		7,140	34.8%	1,593	28.7%	307		4.5%
Electronic Components Business		4,781		28.0%	5,249		29.2%		5,531		29.1%	6,033		30.5%	21,594	29.3%		5,682	27.7%	901	18.8%	-351		-5.8%
Solutions Business		5,817		34.1%	5,849		32.6%		6,196		32.6%	5,789		29.2%	23,651	32.0%		5,861	28.6%	44	0.8%	72		1.2%
Others		395		2.3%	418		2.3%		417		2.2%	586		3.0%	1,816	2.5%		770	3.8%	375	94.9%	184		31.4%
Corporate		525		3.1%	532		3.0%		545		2.9%	559		2.8%	2,161	2.9%		1,057	5.1%	532	101.3%	498		89.1%
Total		17,065		100.0%	17,966		100.0%		18,980		100.0%	19,800		100.0%	73,811	100.0%		20,510	100.0%	3,445	20.2%	710		3.6%
* % represents the component ratio.

5