ローム（6963） – Financial Results for the Year Ended 2022/3 (FY2021)

Financial Resultsfor the Year Ended 2022/3 (FY2021)(From April 1,2021 to March 31,2022)ROHM CO., LTD.© 2022 ROHM Co., Ltd. As of May 11, 2022AGENDA■Financial Results for the Year Ended 2022/3■Plan for the Year Ending 2023/3 ■Capital Expenditures■Inventories■Trend of Order Backlog■Returns to Shareholders■Progress of the Medium-Term Management Plan■ROHM’s Strategies© 2022 ROHM Co., Ltd.P. 1Financial Results for the Full Year Ended 2022/3（YoY）2’22/3Results’21/3ResultsDifference in AmountDifference in %（¥billion）Net SalesOperating Profit(Ratio)Ordinary Profit(Ratio)Net Profit(Ratio)EBITDA(Ratio)(15.8%)(10.7%)452.171.482.5(18.3%)66.8(14.8%)113.5(25.1%)359.838.440.6(11.3%)37.0(10.3%)78.6(21.9%)+92.3+33.0+25.6%+85.7%+41.9+103.0%+29.8+80.6%+34.9+44.3%——–Average exchange rate (¥/US$)End of term exchange rate (¥/US$)(¥112.86)(¥122.39)(¥106.20)(¥110.71)© 2022 ROHM Co., Ltd.P. 2Financial Results for the Full Year Ended 2022/33（VS. Revised Plan as of March. 4th ）’22/3Results’22/3Revised PlanDifference in AmountDifference in %Net Sales452.1450.0Operating Profit71.469.0(Ratio)(15.8%)(15.3%)Ordinary Profit82.575.0+7.5+10.1%(Ratio)Net Profit(Ratio)(18.3%)(16.7%)(14.8%)(13.3%)66.860.0+6.8+11.4%（¥billion）+0.5%+3.6%—+2.1+2.4—Average exchange rate (¥/US$)End of term exchange rate (¥/US$)(¥112.86)(¥122.39)(¥112.31)(¥115.44)© 2022 ROHM Co., Ltd.P. 3‘22/3 Full Year Sales Trend by Market Segments (YoY) Full Year Sales¥359.8 billion’21/3Results+25.6%¥452.1 billion’22/3ResultsConsumer115.8+20.4%139.4150100500’21/3’22/3AVHome applianceOthers+9.1+8.0+6.5’21/3’22/3’21/3’22/3Automotive165.2127.9+29.1%200150100500150100500(Conventional audio/Navigation/Panel)(+5.8)Infotainment Power trainADASBody+17.0+11.7+2.9+5.7 Communication-2.7%27.8’21/327.0’22/3150100500150100500Industrial（¥billion）+47.0%47.369.6FAEnergyInfrastructurreOthers+11.3+1.2+0.3+9.4OA Equipment+24.1%41.0’21/350.9’22/3Overall communication -0.8PC, OAFor POS+7.3+2.6*Market Segment: Calculated by most recent segment© 2022 ROHM Co., Ltd.P. 4‘22/3 Full Year Sales Trend by Customer Nationality (‘21/3 vs ’22/3) Full Year YoYFull Year Sales¥359.8 billion¥452.1 billion‘21/3 Results‘22/3 ResultsEurope +38.5%China+38.4%53.832.738.923.6755025050250‘21/3‘21/3‘22/3• Automotive: +5.8• Industrial: +2.4• Consumer:+0.3• Communication: +0.0• OA: +0.5‘22/3• Automotive: +4.5• Industrial: +2.9• Consumer: +4.1• Commication: +1.1• OA: +2.4Taiwan +38.4%5050 Korea+25.6%+22.0%270.6Japan221.9300200100+13.2%0‘21/3‘22/3• Automotive: +22.8• Industrial: +12.0• Consumer: +9.7• Commication: +0.8• OA: +3.425025017.223.916.218.3‘22/3‘21/3• Automotive: +0.7• Industrial: +1.5• Consumer: +2.7• Commication: -0.3• OA: +2.0‘21/3‘22/3• Automotive: +1.5• Industrial: +0.4• Consumer: +0.2• Commication: -0.2• OA: +0.375 USA+23.7%48.7 39.4 50250‘21/3‘22/3• Automotive: +1.7• Industrial: +2.2• Consumer: +6.3• Commication: -2.1• OA: +1.3※Calculated Sales of Customers by Nationality(Unit：¥billion)※Market Segment：Calculated by most recent segment© 2022 ROHM Co., Ltd.P. 5Changes in Operating Profit (‘21/3 vs ’22/3) +92.3-30.5¥33.0 billion Increase（¥billion）-28.8Effect from materialcosts and inventories-30.571.4Sales increase +92.3(Forex impact) +16.7[Organic increase] +75.6[Breakdown]ICs +35.8+45.7DiscretesModules+3.6Others +7.138.4Fixed costs increase -28.8(Forex impact) -4.9[Organic increase] -23.9[Breakdown]・Manufacturing costsLabor costs increase -5.2Depreciation increase -0.0Expenses increase -11.8・SG&AR&D costs increase -4.6Others increase -7.1‘21/3 ResultsAverage exchange rate (¥/US$)(¥106.20)‘22/3 Results (¥112.86)© 2022 ROHM Co., Ltd.P. 6Plan for the Full Year Ending 2023/3 (YoY)3’23/3Plan’22/3ResultsDifference in AmountDifference in %（¥billion）Net SalesOperating Profit(Ratio)Ordinary Profit(Ratio)Net Profit(Ratio)EBITDA(Ratio)510.076.0452.171.4(14.9%)(15.8%)74.082.5(14.5%)(18.3%)60.0(11.8%)139.5(27.4%)66.8(14.7%)113.5(25.1%)+57.9+12.8%+4.6+6.3%-8.5-6.8—–10.4%-10.2%—-+26.0+22.9%Average exchange rate (¥/US$)End of term exchange rate (¥/US$)(¥115.57)(¥115.00)(¥112.86)(¥122.39)© 2022 ROHM Co., Ltd.P. 7‘23/3 Full Year Sales Trend by Market Segments (‘22/3 vs ’23/3 Plan) Full Year Sales+12.8%¥452.1 billion’22/3Results¥510.0 billion’23/3PlanConsumer139.4143.6+3.0%150100500AVHome appliance Others+4.3+1.7-1.9Automotive209.6165.2+26.9%250200150100500150100500’22/3 Results’23/3 Plan(Conventional audio/Navigation/Panel)(+4.4)InfotainmentPower trainADASBody+17.4+16.7+3.2+7.2Communication-4.2%27.025.9Industrial（¥billion）+7.7%69.674.9’22/3 Results’23/3 PlanFAEnergyInfrastructureOthers+3.0+1.3-0.1+1.1OA Equipment+10.1%50.956.0150100500150100500Overall communication -1.1PC, OA For POS+5.1+0.0’22/3 Results’23/3 Plan’22/3 Results’23/3 Plan’22/3 Results’23/3 Plan※Category: Aggregate by current stateP. 8© 2022 ROHM Co., Ltd.‘23/3 Full Year Sales Trend by Customer Nationality (‘22/3 vs ’23/3 Plan) Full Year YoYFull Year Sales¥452.1 billion¥510.0 billion‘22/3 Results‘23/3 PlanEurope32.7+29.0%42.2China53.8+26.6%68.1Japan270.6502507550250+12.8%+6.0%287.075 USA+22.8%59.9 48.7 300200100’22/3‘23/3• Automotive: +7.9• Industrial: +1.7• Consumer: +0.1• Communication: +0.0-0.2• OA:‘23/3‘22/3• Automotive: +11.4• Industrial: +2.2• Consumer: +1.1• Commication: -0.9• OA: +0.650Taiwan+12.1%50 Korea+12.2%025023.926.7‘22/3‘23/3• Automotive: +0.4• Industrialt: +0.3• Consumer: +2.1• Commication: -0.0• OA: +0.125018.320.6‘22/3‘23/3• Automotive: +1.1• Industrial: +0.0• Consumer: +1.0• Commication: -0.1• OA: +0.3‘22/3‘23/3• Automotive: +19.4• Industrial: +0.0• Consumer: -4.2• Commication: +0.3• OA: +0.950250‘22/3‘23/3• Automotive: +3.5• Industrial: +0.9• Consumer: +3.8• Commication: -0.6• OA: +3.5※Calculated Sales of Customers by Nationality(Unit：¥billion)※Market Segment：Calculated by most recent segment© 2022 ROHM Co., Ltd.P. 9Changes in Operating Profit (’22/3 Results vs ’23/3 Plan)+57.9-11.7Effect from materialcosts and inventories-11.7-41.6¥4.6 billion Increase（¥billion）71.476.0Sales increase +57.9(Forex impact) +6.8[Organic increase] +51.1[Breakdown]ICs +24.8+27.3DiscretesModules+0.3Others +5.5Fixed costs increase -41.6(Forex impact) -2.5[Organic increase] -39.1[Breakdown]・Manufacturing costsLabor costs increase -2.7Depreciation increase -20.7Expenses increase -12.0・SG&AR&D costs increase -4.9Others increase -1.4‘22/3 ResultsAverage exchange rate (¥/US$)(¥112.86)‘23/3 Plan (¥115.57)© 2022 ROHM Co., Ltd. P. 10Sales Trends450425400375350325300275250225Excluding effect from forex’23/3 Plan’22/3 Results‘21/3 ResultsApr.MayJun.Jul.Aug.Sep.Oct.Nov.Dec.Jan.Feb.Mar.© 2022 ROHM Co., Ltd.P. 11Trend of Sales Composition Ratio by Market100%80%36%Japanese digital home appliance・TV、DVD・Mobile Phone・Audio・Camera・Storage, etc.60%20%Other Japanese consumer・Office Equipment・Lighting・Home appliance・Amusement, etc.In 22/3, we achieved our target of more than 50% of sales composition ratiofor automotive and industrial equipment!5%21%22%15%37%52%40%28%Overseas consumer5%11%16%IndustrialAutomotive20%0%’04’05’06’07’08’09’10’11’12’13’14’15’16’17’18’19’20’21’22‘22/3 Plan© 2022 ROHM Co., Ltd.P. 12Capital Expenditures’21/3 Results’22/3 Plan’22/3 Results’23/3 Plan57.2（¥billion）TotalCapacityIncreaseLand/ BuildingImproveQuality44.170.079.9100.012.237.745.251.316.015.719.835.42.73.11.92.079.939.044.1（¥billion）Others13.213.513.011.3100.0’19/3’20/3’21/3’22/3’23/3 Plan© 2022 ROHM Co., Ltd. P. 13Inventories（Amount）(¥billion)1751501251007550250111.727.648.335.7120.6120.1119.331.629.627.9128.7126.3129.133.428.430.1139.134.448.850.251.252.854.652.955.1154.439.661.640.240.240.242.543.246.049.553.1Merchandise and finished goodsWork inprocessRaw material and supplies4Q1Q2Q3Q4Q1Q2Q3Q4Q’20/3‘21/3’22/3～4Q’23/3 Plan© 2022 ROHM Co., Ltd. P. 14Trend of Order Backlog(¥billion)30025020015010050078.578.877.976.986.676.387.2153.9109.2272.4279.4229.0199.84Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q’19/3’20/3’21/3’22/3© 2022 ROHM Co., Ltd.P. 15Trend in Shareholder ReturnsReturns to Shareholders・Aim to return a dividend ratio on a consolidated basis of 30% or more・Timely implementation of share buybacks to improve capital efficiency29(¥)30025020015010050035%150757561%150757540%150757527%18511075Payout ratio Year-end dividendInterim dividend33%200100100‘19/3’20/3’21/3’22/3’23/3(Plan)© 2022 ROHM Co., Ltd. P. 16Progress of the Medium-Term Management PlanMedium-Term Management Plan (MOVING FORWARD to 2025)FY2021-FY2025Achieve growth in the “automotive segment ” and “markets outside of Japan” and build a foundation for further growthFY2030Become a major global player• Five years to return to growth trajectory• Establish global top market share in the electric vehicle market (SiCs, Isolated gate drivers)• Achieve outside of Japan sales ratio of 50% or more (previous plan: 45% or more)• Strengthen profit structure (raise unit prices and further improve production efficiency through high value-added products)• Establish sales/development structures that can compete globallyAchieved record high sales452.1 billion yen510 billion yenNet sales359.8 billion yenOP margin : 10.7%ROE: 5.0%OP margin : 15.8%ROE: 8.3%Upward revision of plan annouced in ’21/5600 billion yenInitial plan470 billion yenOP margin : 17%ROE: 8%OP margin : 20%9%ROE:Accelerate growth10,0009,0008,0007,0006,0005,0004,0003,0002,0001,0000’21/3Result’22/3Result’23/3Plan’26/3Plan’31/3Image© 2022 ROHM Co., Ltd.P. 17Revised Management Targets for FY2025Upward revision of Management Targets announced in May 2021Financial TargetsNon-Financial Targets (Abridged)Net sales¥600+ billion (Initial plan: ¥470+ billion)Operating margin20%+(Initial plan: 17%+)ROE9%+(Initial plan: 8%+)Environment (FY2030)• Reduce GHG emissions by 50.5% (vs. FY2018)(Initial plan: reduce by 30%)• Promote 100% introduction of renewable energy by FY2050• Achieve zero waste emissionsDiversity and Employees• Achieve global female manager ratio of 15%• Reach employee engagement score above industry averageCustomers•Improve quality satisfaction score by +10% (vs. FY2020)© 2022 ROHM Co., Ltd.P. 18Company-Wide Growth Policy in the Medium-Term Management PlanAchieve significant growth in power and analog, mainly in automotive segment and markets oustide of Japan (policy remains unchanged)GrowSignificantly increase sales in core growth businessesEvolveAchieve qualitative transformations including shift to higher value-added products and markets outside of JapanCreatePlant new seeds for growth for FY2025 and beyondMedium-Term Management Sales PlanGrowth Policies per Business(¥billion)359.8600CAGR10.8%AutomotiveIndustrial equipmentConsumer PowerdevicesSi-MOSDiscretesemicondutordevicesdevcesi• Expand market share of 4th-gen. SiC-MOS• Enter markets for 5G/6G servers/base stations with 6th-gen. • Develop SiC power modules for electric vehicle main inverters• Develop IGBT devices for electric vehicle main inverters• Expand high-efficiency products for energy-saving home appliances and accelerate overseas expansionIGBTFRDSi-MOSEvolveICsModulesOthers’21/3’22/338%’26/350%+Sales ratio outside of Japan• Increase product value through miniaturization while maintaining top share as a cash cow business• Build a production system capable of responding to changes in demand• Strengthen products for electric vehicles• Expand entry into automotive segment outside of JapanIsolated gate driversPower management ICs (PMICs)LED driver ICs• Develop new products for base stations and data centers• Maintain consumer sales with compact, high-efficiency productsIPM, ACDCfor energy-saving home appliances• Focus on self driving support modules and sensing devices for security (certification)© 2022 ROHM Co., Ltd.P. 19iDscrete semconductor iGeneral-purposedevicesICsModulesOthersInitiatives to Address Environmental Issues:Progress of the Environmental Vision 2050 and SDGs• Accelerate initiatives to reduce environmental impact by raising GHG reduction targets and actively introducing renewable energy to achieve our Environmental Vision 2050Climate ChangeImportant SDGs IssuesCategoryTargets for FY2030Priority Issues for Sustainability Management of ROHM GroupEnvironmental Vision 2050 Coexistence with NatureResource RecyclingFY2050Sustainable futureFY2030Recognized as a turning point toward a sustainable futureFY2022- Member of RE100 and collaborative agreements with the government- Disclosure based on TCFDFY2021TCFD endorsement and acquisition of SBTi certificationClimate ChangeNet zero CO2 emissionsResource RecyclingZero emissionsCoexistence with NatureHarmonize business activities with natural cyclesReduction of GHG- Reduce GHG emissions by 30% vs. FY2018⇒ Raised the reduction target to 50.5% – Reduce emmisions per unit of production by 45% vs. FY2018Promotion of use ofrenewable energy- Promote shift to renewable energy with the goal of 100% introduction by FY2050Reduction of resources- Improve water recovery/reuse rate by 5.5% or more vs. FY2019Reduction of waste – Achieve zero waste emissionsPromotion of greening- Promote factory greening at all locations- Improve conservation of organisms inhabiting each regionManagement of chemical substances- Respond to policies and regulations in various countries around the world regarding chemical substances- Reduce the use of chemical substances© 2022 ROHM Co., Ltd.P. 20Initiatives to Address Environmental Issues: Accelerate Introduction of Renewable Energy for Eco-friendly Manufacturing FacilitiesFY2022 Locations where renewable energy is installedNEWSiCrystal (Germany)ROHM Apollo (Chikugo, Fukuoka)KyotoShinyokohamaRIST (Thailand)■ROHM Group’s ratio of renewable energy65%45%19%6%100%FY2050Achieve 100% renewable energyFY2021 FY2022 FY2025 FY2030 FY20502021年度 2022年度2025年度2030年度2050年度© 2022 ROHM Co., Ltd.P. 21Major External EvaluationsAwarded the highest Platinumm rankingContinuously selected in major ESG indexes19 consecutive years6 consecutive yearsSelected as a CDP Water Security A-List company in the survey on water resource management (highest ranking)Acquired SBT1.5℃certification for GHG emission reduction targets© 2022 ROHM Co., Ltd.P. 22Human Resource Development and Governance Reform for Sustainable Growth• Diverse employees with rich humanity and intelligence will maintain high engagement and create innovation continuously• Achieve sustainable corporate growth along with effective governance reforms• Promote career development for women• Promote women and foreign nationals to management positionDiversityFY2025 Targets• Achieve the following in employee engagement scores:• Annual score improvement• At or above industry average• Implemented in entire groupSocial contribution• Conduct engagement surveys• Promote reform of organizationalculture and work styleEmployeeengagement• Ratio of global female managers: 15%• Ratio of female and foreign board members at head office: 10%FY2025 TargetsFY2022 ForecastRatio of female board members 9% → 15%Ratio of foreign board members 0% → 8%Ratio of independent outside directors 45% → 54%Governance• Further increase the ratio of independent outside directors• Introduce compensation system linked to the Medium-Term Management PlanPerformance- linked transfer-restricted stock-based remuneration systemScheduled to be implemented in FY2022© 2022 ROHM Co., Ltd.P. 23Investments for Growth and Return to Shareholders• Reduce cash on hand gradually over five years to a level around 50% of annual sales in FY2025• Invest ¥500 billion for business growth in the five years and ensure proactive shareholder’s returnInitial planin ’21/5Investments for growthCumulative over 5 years¥400 billion Revised planInvestments for growthCumulative over 5 years*¥500 billion• Development of next-generation SiC devices• Power Devices (SiC New Building 8inch Production Line/ Si-MOS and •IGBT Production Line Enhancement)ICs (12-inch Bi-CDMOS production line, isolated gate driver production line enhancement)• Establishment of Manufacturing Innovation Hub on the premises of the head office• M&A and capital tie-ups to expand business and acquire technologies* Five years within FY2021~FY2025Return to Shareholders• Dividend payout ratio on a consolidated basis: 30%+• Timely share buybacks to improve capital efficiency© 2022 ROHM Co., Ltd.P. 24Growth Strategies for the ICs BusinessStrengthen businesses outside of Japan in the automotive segment and servers and home appliances in the consumer segment to expand sales and profit.- Expand sales by enhancing ROHM’s strengths in customer orientation, IDM, and matching technologies.- Strengthen businesses inside and outside of Japan in the automotive segment and servers and home appliances in the consumer segment with our high-quality products developed over many years.Sales plan by segments’26/3 YoY Comparison of PipelineFocus area inconsumerIndustrialConsumerOtherconsumerOverseasautomotiveJapanese automotive（¥billion）4,0004002,000200ConsumerIndustrialJapaneseautomotiveConventionalFocus area in consumerYoY×2.3YoY×1.6Overseasautomotive’22/3期‘22/3’26/3期‘26/301,0001002,000200(¥billion)01 year agoCurrent© 2022 ROHM Co., Ltd.P. 25Growth Strategies for the ICs BusinessEnhance development/support in the strategic TOP10 area of ASSP productsDefined the TOP10 ASSP products with high sales growth and added-value as the strategic TOP10 area.Raise the sales ratio of the top 10 strategic products to increase average unit price and expand sales and profits.Portfolio(Strategic TOP10 Area)ICs Business Portfolio300,000[¥billion]100,0001000StrategicTOP 10Size: Sales in FY2025Blue: Strategic areaAdded-vauelSales ratio and average unit price in Strategic TOP10 Area(Sales ratio/Average unit price)200,000200Sales19%25%30%34%38%Average unit price of ICsExpansion of strategic products30.0025.0020.00Strategic TOP10 areaIncrease in average unit priceSales growth*Excluding LAPIS, ROHM’s IC only’22/3月‘22/3 ‘23/3 ‘24/3 ‘25/3 ‘26/3’24/3月’23/3月’25/3月’26/3月15.00Expansion of sales and profits*Average unit priceRate $1=¥10510.00© 2022 ROHM Co., Ltd.P. 26Growth Strategies for the ICs Business・ Promote product development centered on high-performance general-purpose ASSP・ Carry out product development on the strength of distinctive original processes and circuit technologiesPower SolutionsIsolated Gate driversImplement unique coreless transformer technology.Integrate power supply, temperature monitoring, protection circuits, and more. Unique design (including the package) to achieve high noise immunity and reliability.(¥billion）Sales expected to increasein line with the rapid expansion of the EV market2010’22/3期‘22/3’23/3期‘23/3’24/3期‘24/3’25/3期‘25/3’26/3期‘26/3 Maintain the top share among major Japanese manufacturers. Significantly expand market share in the US and China.Outside of Japan 20-pin, 28-pin, and even 38-pin packages are available. Enables further multifunctionalization.●Construction of a new building at the Malaysian plant is Japanunderway to accommodate future growth. Mass production is slated to begin in 2024.© 2022 ROHM Co., Ltd.P. 27Growth Strategies for the ICs BusinessNo.1 Global market share of isolated gate drivers for traction invertersIsolated Gate DriverROHM currently has a W/W share of approximately 60% Started development of isolated gate drivers that of non-optical gate driver ICs for automotiveStarteddevelopmentinvertersdrives SiC to promote miniaturization of automotive What are we aiming for?・Ensure a reliable operation under automotive environment・Fulfill the requirements of inverters’ continuous evolutionOpticalPhotocouplerROHMCompetitorMagnetic or CapacitiveSince20082016FebruaryCurrent Status of MarketROHMOpticalPhotocouplerCompetitorMagnetic or Capacitivedrivers.- The increasing demand for miniaturization of EVs (inverters, etc.), will increase the market ratio of magnetically isolated gate World’s firstResearch by ROHM- ROHM aims to expand sales while maintaining an Started mass production of magnetically isolated gate driversoverwhelming market share.Integrates temperature monitoring & power supply in a single package2026OpticalPhotocouplerCompetitorMagnetic or CapacitiveROHMResearch by ROHM© 2022 ROHM Co., Ltd.P. 28Growth Strategies for the Discrete Semiconductor Devices Business(¥billion)3,000300Power / Small-Signal Device Sales TrendIncreased amount from theprevious announcementPower device business※ROHM studyRaise the top line and grow into a core business●WW-share (2020 ⇒ 2025) 8th ⇒ 5th place※(4th place ⇒2nd place as a Japanese semi. manufacturer) ※Develop industry-leadingperformanceStrengthen sales promotion●7th generation low withstand -voltage MOSFETs●4th generation IGBTs●Solution proposals (including gatedrivers and shunt resistors)Small signal device businessMaintain the top share to remain a cash cow businessPower deviceIncrease shareLarge-scale growth●Review inventory design●Level productionStable supplyTOP share’13/3’14/3’15/3’16/3’17/3’18/3’19/3’20/3’21/3’22/3’23/3’24/3’25/3’26/3© 2022 ROHM Co., Ltd.P. 29Small-signal deviceLower cost●Increase the number of high-efficiency production lines●Introduce labor saving linesImprove service●Introduce flexible linesLow volume/High mix/Low TAT2002,0001,0001000Competitiveness of SiC Discrete Semiconductor Devices)2mc · mhomi( *ecnatsser-no dezilamroN● Industry-leading low ON-resistance technology● Increasing wafer diameter improves production efficiency2012: World’s firstRelease of automotive compliant SiC SBD2018: World’s firstRelease of automotive compliant SiC Trench MOSAccelerating the development of 6th generation by adopting the Green Innovation Fund2017Φ150mm2023Φ200mm●Supporting high output inverters by increasing element size-50%2021Mass production2025Mass production planned2028Mass production planned-40%-30%※Normalized on-resistance: On-resistance per unit area2ndGen.3rdGen.4thGen.-30%5thGen.6thGen.From 201525mm2From 202450mm2© 2022 ROHM Co., Ltd.P. 30SiC Projected Market Size and Business TargetsSiC Projected Market Size(¥billion)8,0008007007,0006,0006005,0005004,0004003,0003002,0002001,000100020302023FY2023 FY2024 FY2025 FY2026 FY2027 FY2028 FY2029 FY2030202720292028202520242026*ROHM’s estimationSales (Single year)Pipeline(Cumulative)Productioncapacity(Single year)FY2025>¥100 billion¥840 billion (until FY2025 )>6 times(vs. FY2021)Investment(Cumulative)¥120 billion – ¥170 billion(FY2021-FY2025)© 2022 ROHM Co., Ltd.P. 31Notes and Inquiries＜Note＞1. This material is originally written in Japanese. In the event of any differences or discrepancies in the contents including contexts, figures, and others between Japanese and English version of the material, Japanese original version shall govern.2. The forecasts for the fiscal year ending March 2023 are based upon the information which the company considers reasonable at this time. Actual results may differ considerably by the changes of environment and so forth.＜Address＞ROHM Co., LTD Public Relations and Investor Relations Division21, Saiin Mizosaki-cho, Ukyo-ku Kyoto 615-8585 JapanTel: +85-75-311-2121 E-mail：ir@rohm.co.jp© 2022 ROHM Co., Ltd.P. 32© 2022 ROHM Co., Ltd.