Taiwan Sakura (9911) Investor presentation summary

Company profile and structure

• Founded in 1978, with a paid-in capital of NTD 2.22 billion and over 2,600 employees across Taiwan, China, and Vietnam.

• Operates four production bases in Taiwan, one in Vietnam, and two in China, with over 15,000 sales locations across Asia.

• Multi-brand strategy includes Sakura, Topax, Svago, Electrolux, and others, targeting diverse customer needs.

• Investment structure spans subsidiaries in Taiwan, China, Vietnam, Singapore, and BVI, with significant holdings in each.

Business strategy and innovation

• Focuses on innovation with over 200 R&D personnel and more than 500 patents, supported by advanced testing and automated manufacturing.

• Growth strategy centers on brand strength, product competitiveness, and one-stop supply and service for home renovation.

• Data-driven innovation leverages 7 million user data points to develop smart appliances and integrated solutions.

• Channel transformation aims to expand store network, optimize sales channels, and enhance consumer journey.

• Service optimization through the SAKURA iCare platform integrates smart technology and big data for efficient customer service.

Operational and financial performance

• 2024 total revenue reached NT$9.6 billion, with kitchen solutions and water heater & kitchen appliances comprising 86% of sales.

• Maintains a leading market share in Taiwan for water heaters and kitchen appliances, with a household penetration rate of 73%.

• Dual-brand strategy (Sakura and Topax) targets both high-end and value segments to maximize market coverage.

• Financial highlights show consistent revenue and net income growth, with EPS rising from 1.89 in 2015 to 5.94 in 2023.