ROHM Achieves Record Sales for Two Consecutive Years in FY2022 |
Investing a total of 510 billion yen in SiC business to increase production capacity by 35 times, aiming for sales of 270 billion yen in FY2027. |
ROHM has announced its financial results for FY2022. Further information is available here: Financial Report | IR Library | Investor Relations | ROHM Semiconductor Materials for Financial Results Briefing | IR Library | Investor Relations | ROHM Semiconductor Summary Record sales achieved for the second year in a row: Net sales of 507.8 billion yen in FY2022. Sales of automotive and industrial equipment, on which the company focuses, increased. In addition, foreign exchange also contributed to a 12.3% increase in sales over the previous year. Operating profit increased 29.2% YoY to 92.3 billion yen, benefiting from sales expansion as well as foreign exchange. The operating profit margin was 18.2% (up 2.4% YoY). Ordinary Profit and net Profit also increased substantially. By Customer Nationality, outside of Japan sales ratio increased to 43% (up 3% YoY) due to growth in Europe, Americas, and other overseas markets. Sales by segment were up 14.6% for ICs and 12.8% for Discrete semiconductor devices. Profit margins drove growth, with ICs exceeding margin of 20%. The outlook for FY2023 is 540 billion yen in sales, a 6.3% increase over the previous year, due to steady growth in the automotive market. Capital expenditures in FY2022 was a record-high 126.1 billion yen. Aggressive investments will continue to be made for mid- to long-term growth, with 160 billion yen planned for FY2023. Investments for growth over the five years of the Medium-Term management Plan (FY2021-FY2025) has also been increased to a total of 600 billion yen. (Fig. 1 + 2 + 3) The following information has been updated for the SiC business, which is our focus. Revised SiC business sales target for FY2025: 130 billion yen (previously 110 billion yen), aiming for 270 billion yen in FY2027. The three-year pipeline (revenue-generating opportunities for FY2025-FY2027 cumulative total) expanded to 1.78 trillion yen. Aggressive capital investments will continue to be made for mid- to long-term growth: Cumulative investment of 510 billion yen (FY2021-FY2027). As a result, production capacity in FY2030 is expected to increase 35 times (compared to FY2021) (Fig. 4 + 5) |
About ROHM Semiconductor ROHM Semiconductor is a global company of 452.1 billion Yen (3.3 billion Euros) per March 31st, 2022, with over 23,000 employees. The company develops and manufactures a very large product range from SiC Diodes and MOSFETs, Analog ICs such as Gate Drivers and Power Management ICs to Power Transistors and Diodes to Passive Components. The production of our high performing products is taking place in state-of-the-art manufacturing plants in Japan, Germany, Korea, Malaysia, Thailand, the Philippines, and China. ROHM Semiconductor Europe has its Head Office near Dusseldorf serving the EMEA region (Europe, Middle East, and Africa). For further information, please contact www.rohm.com |