Topre : Financial Results Presentation for the Year Ended March 31, 2024

Topre Corporation

Financial Results Presentation for the

Fiscal Year Ended March 31, 2024

Executive Managing Director Yoshinori Tsuyuki

May 29, 2024

Listed on the Prime Market of the Tokyo Stock Exchange (Securities code: 5975)

1

Today's agenda

Section 1	Overview of Financial Results for	P.3
	the Fiscal Year Ended March 31,
	2024
Section 2	Yearly Performance Forecast	P.9
	for the Fiscal Year Ending
	March 31, 2025
Section 3 The 16th Medium-Term	P.17
	Management Plan

2

Section 1

Overview of Financial

Results for the Fiscal Year

Ended March 31, 2024

3

Overview of Operating Results (Comparison of Results)

Net Sales

Increased due to increase in press-related material volume, alleviation of parts and materials shortages in Temperature Controlled Logistics-Related Businesses, and exchange rate effects.

Operating Profit

Increased due to

increase in net

sales

Ordinary Profit

Increased due to

higher foreign

exchange gains

Profit Attributable to

Owners of Parent

Company

(Unit: Millions of Yen)

	Year Ended March	Year Ended March		Year on year	Previously
	31, 2023	31, 2024		Amount increase/decrease	% increase/decrease	announced figure
Net Sales	290,416	354,922	+64,505	+22.2%	350,000
Operating Profit	7,330	22,406	+15,075		+205.6%	16,000
Ordinary Profit	16,518	37,840		+21,322	+129.1%	25,000
Profit Attributable to	10,009	17,099	+7,089	+70.8%	16,000
Owners of Parent Company

*Previously announced figures were made public on February 14, 2024.

4

Net Sales and Operating Profit by Business

Segment

Press-Related Products	Temperature Controlled		Other Businesses
	Businesses	Logistics-Related Businesses
Net Sales	Operating Profit	Net Sales	Operating Profit		Net Sales	Operating Profit

Increased due to	Increased due to		Increased due to		Increased due to			Decreased due to declines in	Increased due to the
	improvements in		price transfer of			electronics and transportation
				strong performance of
increase in	increase in net			parts and		soaring material			businesses, despite the
					strong performance of the air-	the air-conditioning
material volume		sales			materials		costs			conditioning business	business
						shortages
										Operating
		Net Sales
										Profit
(100M				3,549	(100M Yen)
Yen)
152					250		224		Other
		452
3,000	2,904			200		15
							Temp controlled
158	364							46
2,000							150							Press
	2,382			2,945		100	73	163
1,000
						50	15
							26

0		32
	0
Year Ended	Year Ended	Year Ended	Year Ended
March 31, 2023	March 31, 2024	March 31, 2023	March 31, 2024	5

Net Sales and Operating Profit by Region

	Japan		North America			Asia
Net Sales	Operating		Net Sales	Operating		Net Sales	Operating
	Profit			Profit			Profit

	Increased due to increase	Increased due	Increased due	Improved due	Decreased due to	Decreased
	in material volume	to increase in					to increase in		to increase in		decrease in	due to
	following the easing of
		material				material volume	material volume	material volume	decrease in
	semiconductors, parts,
	and materials shortages		volume												in China	net sales
(100M Yen)									(100M
		Net Sales								Operating		224
4,000					Yen)					Profit
			3,549		200							36
																	Asia
3,000	2,904		411		150		73
							22							North America
434
				1,334		100		73					190
											Japan
2,000									50		117
1,066
1,000				1,804		0		(66)
									▲(2)
		1,404								-50							2
0									-100
Year Ended	Year Ended			Year Ended				Year Ended
		March 31, 2023	March 31, 2024		March 31, 2023		March 31, 2024	6

Sales Ratio by Business Segment

Other Businesses

5.4%

15,800M Yen

Press-Related

Products Businesses

82.0%

238,200M Yen

Other Businesses

4.3%

15,200M Yen

Press-Related

Products Businesses

83.0%

294,500M Yen

Temperature

ControlledLogistics-

Logistics-Related

RelatedBusinessesBusinesses

12.5%
14.0%
36,400M Yen
40,500M Yen
.	Sales	52.9%
9.1%	290,400
	52.9%
15.1%	M Yen
	22.9%

Temperature

ControlledLogistics-

Logistics-Related

RelatedBusinessesBusinesses

12.7%
14.0%
45,200M Yen
40,500M Yen
9.1%	Sales	52.9%
10.4%	354,900
	51.1%
18.2%	M Yen
	220.9%3

Year Ended March 31, 2023		Year Ended March 31, 2024
Client A		Client B		Client C		Other Note: Sales ratio by client is the ratio of sales within the Press-Related Products Businesses.

7

Factors Contributing to Increase/
Decrease in Operating Profit (Yearly Results Comparison)
(100M Yen)
	Sales, general, and
	administrative
	expenses
Impact of	(2)	(3)
exchange rates	Depreciation
Improvement
of product
mix
Impact of
market
condition
Increase
in sales
Year Ended		Year Ended
March 31, 2023		March 31, 2024
		8

Section 2

Yearly Performance Forecast

for the Fiscal Year Ending March 31, 2025

9

Net Sales and Operating Profit by Business Segment

Forecast for the Fiscal Year Ending March 31, 2025

Net Sales ・・・・・・・・・・ 370,000M Yen

Operating Profit ・・・・・・・ 20,000M Yen

(100M Yen)

Net Sales

4,000

3,700

(100M Yen)

250

Operating
Profit	Other
224

152

3,549 155

15	Temp controlled
	200

452

3,000

2,000

520

200

150

14	Press
46

60

2,9453,025

1,000

0

100

50

0

163

126

Year EndedYear Ending March 31, 2024 March 31, 2025 (Forecast)

Year EndedYear Ending

March 31, 2024 March 31, 2025 (Forecast)	10