Fuji Electric Co Ltd (FELTF) Q4 2024 Earnings Call

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WEBVTT 00:00:00.267 -- 00:00:05.334 Hello, everyone. I am Miyoshi, and I will be taking charge of the Corporate Management 00:00:05.334 -- 00:00:11.062 Planning. In April of this year, we abolished the existing President's Office 00:00:11.062 -- 00:00:16.270 and incorporated the Public Relations and Investor Relations Department, which had been 00:00:16.270 -- 00:00:21.717 handled by the President's Office, into Corporate Management Planning Headquarters. 00:00:21.717 -- 00:00:25.923 We will continue to be in charge of communication with investors. 00:00:25.923 -- 00:00:30.618 Thank you very much for your cooperation. and I would like to begin with a report on 00:00:30.618 -- 00:00:33.602 our full-year financial results. 00:00:33.602 -- 00:00:38.668 We achieved record highs in net sales, operating profit, ordinary profit, and 00:00:38.668 -- 00:00:44.075 profit attributable to owners or parent, and we also achieved our key target 00:00:44.075 -- 00:00:49.219 of an operating profit ratio of over 10%. Next, 00:00:49.241 -- 00:00:55.666 a year-on-year comparison of the consolidated financial results for FY 2024. 00:00:55.735 -- 00:01:01.701 Net sales increased by 20.2 billion yen to 1,123.4 billion 00:01:01.701 -- 00:01:06.827 yen in real demand basis, without the gain on translation of earnings 00:01:06.827 -- 00:01:09.508 of overseas subsidiaries. 00:01:09.510 -- 00:01:13.715 Operating profit increased 11.6 billion 00:01:13.715 -- 00:01:18.920 yen to 117.6 billion yen. Details of the increase and decreases 00:01:18.920 -- 00:01:24.070 are shown on the next page. Ordinary profit amounted to 118.8 billion 00:01:24.070 -- 00:01:26.070 yen. 00:01:26.295 -- 00:01:31.906 The total amount of non-operating profits was minus 0.6 billion yen. 00:01:31.906 -- 00:01:37.377 This w...