Strengthening Sony semiconductor and electronic component operations

「In the second half of the fiscal year, products for data centers, mainly for generative AI applications, performed strongly, while the conversion into consolidated subsidiaries of the joint ventures established in the previous consolidated fiscal year, namely Restar Dexerials Hong Kong Limited in July 2024, Restar Dexerials Korea Corporation in January 2025 and Restar Dexerials Taiwan Corporation in February 2025, contributed to revenue. Consumer applications, mainly high-function cameras and PC-related equipment, also remained strong. In automotive applications, new businesses were launched, while industrial equipment applications also showed a recovery, resulting in higher revenue.」

「また、高機能カメラやＰＣ関連機器を中心とした民生向けは好調に推移したこと、さらには車載向けにおいては新規ビジネスの立ち上げがあったほか、産業機器向けにおいても回復がみられたことにより、売上高は増収となりました。」

「The Devices business benefited from higher revenue following the conversion of Restar Dexerials Hong Kong Limited in July 2024, Restar Dexerials Korea Corporation in January 2025 and Restar Dexerials Taiwan Corporation in February 2025 into consolidated subsidiaries, while consumer applications, mainly high-function cameras and PC-related equipment, remained strong. However, automotive sales were affected by slowing EV demand and the approaching end of production for certain vehicle models, while prolonged inventory adjustments in industrial equipment also weighed on the business. As a result, revenue was in line with the same period of the previous year.」

「The Devices business posted higher revenue despite a delayed recovery in the industrial equipment market, due to the contribution from the conversion of 株式会社レスターWPG in July 2023 and 株式会社レスターエンベデッドソリューションズ in January 2024 into consolidated subsidiaries, as well as growth in sales, mainly of high-function cameras for consumer applications, PC-related products and automotive products.」

「A broad range of products, including power semiconductors for customers in the FA, industrial equipment and automotive markets and for decarbonization and energy-saving products, as well as GPUs, ASICs and memory, together with related services and technologies, will be added to the Group. As the scale expands, the further enhancement of a non-overlapping product lineup will broaden cross-selling opportunities.」

「Under the agreement, the Company acquired all shares of the target company on 9 January 2024, the date of completion of the share transfer, and made it a consolidated subsidiary on the same date.」

「A broad range of products, including power semiconductors for customers in the FA, industrial equipment and automotive markets and for decarbonization and energy-saving products, as well as GPUs, ASICs and memory, together with related services and technologies, will be added to the Group. As the scale expands, the further enhancement of a non-overlapping product lineup will broaden cross-selling opportunities. In addition, the businesses will complement technologies related to vision, including Sony semiconductors and equipment, as well as image-related AI, in which the Company has particular expertise.」

「To support AITJ’s further growth, we will strengthen its management and financial foundation by subscribing to a third-party allotment of shares. Using AITJ as a hub for both groups, we will accelerate business expansion and collaboration with more than 3,500 business partners, primarily major global manufacturers and partners, and aim to further enhance our presence in global markets.」

「Although consumer equipment applications entered an adjustment phase, sales to industrial and automotive equipment customers remained firm. In addition, net sales increased due to growth in 株式会社ＰＡＬＴＥＫ’s sales and progress in developing new products and customers.」

「Although market conditions for some products in the Devices business slowed, sales to industrial and automotive equipment customers remained firm. In addition, new customer development and growth in 株式会社ＰＡＬＴＥＫ’s sales contributed to higher net sales. As a result, net sales were ¥262,628 million, up 21.9% year on year, and segment profit was ¥11,912 million, up 91.1%.」

「The Devices business posted higher net sales due to increased demand for industrial and automotive equipment, sales contributions from new projects and the conversion of PALTEK into a consolidated subsidiary. Although EMS benefited from increased demand for organic EL displays in notebook PCs and new automotive orders, net sales declined substantially due to the significant impact of lower demand for its mainstay smartphone applications. As a result, net sales were ¥174,939 million, up 25.3% year on year, and segment profit was ¥7,679 million, up 121.3%.」

「The Devices business posted higher net sales due to the conversion of PALTEK into a consolidated subsidiary, increased demand for automotive and industrial equipment, and additional demand related to the semiconductor boom. EMS posted lower net sales due to declining demand for smartphones and other factors. Segment profit increased due to higher Devices business revenue. As a result, net sales were ¥84,025 million, up 27.6% year on year, and segment profit was ¥3,835 million, up 140.1%.」

「As a result, net sales were ¥217,356 million, up 31.3% year on year, and segment profit was ¥6,232 million, up 12.2%. Going forward, we will further enhance business synergies using PALTEK’s FPGA technology (Note) as one of our core technologies, while working to strengthen modularization and solution-proposal capabilities and acquire high-value-added projects.」

「Despite tight supply and demand for some semiconductors and reduced new-vehicle production, the Devices business posted higher net sales by meeting strong customer demand for consumer, automotive and server applications. EMS also posted higher net sales due to increased orders for smartphones. As a result, net sales were ¥140,702 million, up 37.9% year on year, and segment profit was ¥3,469 million, up 6.6%. Going forward, we will further advance modularization, using PALTEK’s FPGA technology (Note) as one of our core technologies, and work to strengthen our system-proposal capabilities and acquire high-value-added projects.」

「As a result, net sales were ¥66,315 million, up 40.0% year on year, and segment profit was ¥1,597 million, up 16.1%. Going forward, we will expand our diverse product lineup, strengthen our ability to make system proposals through further modularization and work to acquire high-value-added projects.」

「Segment profit increased due to the profit contribution from new businesses. As a result, net sales were ¥225,428 million, down 18.1% year on year, and segment profit was ¥6,719 million, up 52.5%.」

「As a result, net sales in the semiconductor and electronic component business declined, but segment profit or loss increased due to the profit contribution from the launch of new businesses. Going forward, we will work to acquire high-value-added projects, including system proposals and recurring-revenue businesses.」

「Going forward, along with expanding our business domains, we will further promote business synergies and the development of co-creation businesses.」

「Segment profit 2,072 3,253 57.0%」

「Segment profit increased, together with the profit margin, as efforts to reduce selling, general and administrative expenses were supplemented by profit contributions from the launch of new businesses. Going forward, we will acquire additional new projects and accelerate our growth strategy, including low-cost operations and strategic investments.」

「Segment profit declined year on year despite the integration of the Devices business, consolidation of bases, reviews of controllable costs and improvements in transaction terms aimed at realizing synergies from the management integration at an early stage. The decline reflected lower revenue as described above and the reduction in the recovery of prior-period allowance for doubtful accounts recognized in the first 3 quarters of the previous fiscal year as a reversal of selling, general and administrative expenses.」

「In the Devices business, efforts to develop new demand made steady progress using the customer and product lineup expanded through the management integration, but net sales declined slightly due to lower demand for smartphones and digital cameras and the impact of falling memory prices.」

「Although smartphone demand declined as replacement cycles lengthened and lower memory prices affected net sales, the expanded customer and product lineup resulting from the management integration supported firm performance in consumer and other fields. In the EMS business, net sales increased as performance remained strong after we captured display-related demand for information and communications terminals overseas.」

「Although net sales declined due to the effects of changes in distribution channels in the semiconductor and electronic component business, we worked to reinforce existing businesses through changes in the product mix and other measures. We also developed high-value-added businesses through EMS at our own factories and proposals for “video,” “audio” and “communications” solutions in the electronic equipment business, while working to improve capital productivity by reducing inventories and through other measures.」

「Against this backdrop, our group has worked to reinvigorate its existing businesses, using capital productivity and profit margins as metrics, while developing high-value-added businesses such as EMS, centered on Sony's semiconductor and electronic-component businesses.」

「Our group has developed high-value-added businesses, including EMS at our own factories, centered on Sony semiconductor and electronic component operations, while working to reinforce existing businesses using capital productivity and profit margins as performance indicators.」

「Against this backdrop, our group has focused on expanding high-value-added businesses such as EMS (electronics manufacturing services) at its own factories, broadening its product range and technological capabilities, and creating new businesses, centered on Sony's semiconductor and electronic-component businesses. It has also worked to restructure its business portfolio to improve capital productivity and profit margins.」

「Against this backdrop, our group has continued to focus on expanding high-value-added businesses, including EMS (electronics manufacturing services) at our own factories, expanding the range of products we handle and creating new businesses, centered on Sony semiconductor and electronic component operations.」

「Against this backdrop, our group has continued to focus on expanding high-value-added businesses, including EMS (electronics manufacturing services) at our own factories, expanding the range of products we handle and creating new businesses, centered on Sony semiconductor and electronic component operations.」

「Against this backdrop, our group has continued to focus on expanding high-value-added businesses, including EMS (electronics manufacturing services) at our own factories, expanding the range of products we handle and creating new businesses, centered on Sony semiconductor and electronic component operations.」

「Against this backdrop, our group has continued to focus on expanding high-value-added businesses, including EMS (electronics manufacturing services) at our own factories, expanding the range of products we handle and creating new businesses, centered on Sony semiconductor and electronic component operations.」

「In this business environment, our group has continued to focus on expanding high-value-added businesses, including EMS (electronics manufacturing services) at our own factories, expanding the range of products we handle and creating new businesses, centered on Sony semiconductor and electronic component operations.」

「Against this backdrop, our group has continued to focus on expanding high-value-added businesses, including EMS (electronics manufacturing services) at our own factories, expanding the range of products we handle and creating new businesses, centered on Sony semiconductor and electronic component operations.」

「Against this backdrop, our group has continued to focus on expanding high-value-added businesses, including EMS (electronics manufacturing services) at our own factories, expanding the range of products we handle and creating new businesses, centered on Sony semiconductor and electronic component operations.」

「Against this backdrop, our group has continued to focus on expanding high-value-added businesses, including EMS (electronics manufacturing services) at our own factories, expanding the range of products we handle and creating new businesses, centered on Sony semiconductor and electronic component operations.」

「Our group has continued to focus on expanding high-value-added businesses, including EMS (electronics manufacturing services) at our own factories, expanding the range of products we handle and creating new businesses, including through external alliances, centered on Sony semiconductor and electronic component operations.」