Azbil Corporation
Market: Tokyo

Symbol: 6845

ISIN: JP3937200008

Sector: Electric Appliances

Since our establishment in 1906, we have focused on "measurement" and"control" technology, delivering unique solutions to our customers. Our evolution
having taken us from the idea of controlling machines to the idea of creating
fulfillment for people, we now strive to realize work styles and lifestyles thatgive people a sense of "safety", "comfort", and "fulfillment" as well as "tocontribute to benefit the global environment" in our quest for “human-centeredautomation.” And we places great importance on the distribution of profits toour shareholders. The management would like to maintain stable dividends while
striving to increase its dividends payout with the business growth.

*Twelve directors in place including eight independent outside directors(25/06/2024)

Stock Information (04/10/2024)

Business Segment (2024/3)

Previous Close (Yen)

1,207

3-Year Key Financial Figures

Change (%)

2.55

Volume1,422,300

Number of Shares (Thousands)

566,032.74

Market Cap (Millions of Yen)

682,918.50

Representative Corporate Executives
Director and Representative CorporateExecutive, President & Group CEO
Director and Representative Corporate
Executive, Deputy President

Kiyohiro Yamamoto

Takayuki Yokota

Fiscal Year

Millions of yen
2022/32023/32024/3

Net Sales

256,551

278,406

290,938

Gross profit

105,705

111,938

122,973

Operating income

28,231

31,251

36,841

Net income attributable to owners of parent

20,78422,60230,207

Capital expenditures

11,244

10,844

8,652

Depreciation

4,847

4,954

6,044

R&D expenses

12,10812,371

12,325

Net cash provided by (used in) operating activities

10,12013,11827,540Net cash provided by (used in) investing activities(3,990)(1,977)(2,360)6,130

11,141

25,179Financial Results (For the Year):

Shareholders Information (31/03/2024)

Cash Flows (For the year):Free cash flow
Net cash provided by (used in) financing activities(20,584) (19,694) (22,455)

Financial Position (At Year-end):

Shareholder Name

Number ofPercentage ofShares

Total Shares(Thousands)

Issued (%)

Total assets

280,052

296,873

313,728

Net assets

203,141

205,880

224,887

150.79168.27228.39Per Share Data:
The Master Trust Bank of Japan, Ltd.
(Trust account)
Meiji Yasuda Life Insurance Company

19,29814.36

Net income (Yen)

10,428

7.76

Net assets (Yen)

9,528

7.09

Cash dividends (Yen)

7,792

5.79

SSBTC CLIENT OMNIBUS ACCOUNT
Custody Bank of Japan, Ltd. (Trustaccount)Northern Trust CO. (AVFC) Re Fidelity
Funds

1,459.08 1,518.01 1,680.37
60.00

66.00

76.00

Gross profit/Net sales (%)

41.2

40.2

42.3

Operating income/Net sales (%)

11.0

11.2

12.7

R&D expenses/Net sales (%)

4.7

4.4

4.2

Shareholders’ equity/Total assets (%)

71.5

68.3

70.6

Return on equity (ROE) (%)

10.4

11.2

14.2

Dividend on equity (DOE) (%)

4.2

4.4

4.8

Dividend payout ratio (%)

39.8

39.2

33.3

Ratios:

4,980

3.70

* We implemented a 4-for-1 common stock split effective on October 1, 2024.
* The figures in "shareholders information" and "3-year key financial figures" above have not been revised in accordance with this stock split.
Investor Relations, Communication Department,
Azbil Corporation
TEL: 81-3-6810-1031

https://www.azbil.com/ir/

FAX: 81-3-5220-7278
E-MAIL: azbil-ir@azbil.com

Supplied by © Euroland.com