Fuji Oil Holdings Inc (FJLLF) Q4 2024 Earnings Call

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WEBVTT 00:00:00.622 -- 00:00:02.484 Good morning. 00:00:02.484 -- 00:00:06.247 My name is Sakai. Nice to meet 00:00:06.410 -- 00:00:11.476 you. I would like to take a look back 00:00:11.476 -- 00:00:16.983 on the past three years and especially the year of 2024. 00:00:16.983 -- 00:00:19.506 First, I would like to talk 00:00:19.506 -- 00:00:23.351 about the operating profit of the year of 2024. 00:00:23.351 -- 00:00:29.275 As you can see, the previous year's operating profit was 99 billion yen. 00:00:29.275 -- 00:00:33.882 In the case of Brahma Chocolate, it has caused a great loss, and it has had a great impact 00:00:33.882 -- 00:00:39.051 on the entire company's budget. I would like to express my 00:00:39.051 -- 00:00:40.733 deepest 00:00:40.733 -- 00:00:45.841 apologies for not being able to meet your expectations and 00:00:45.841 -- 00:00:49.885 trust. I am sorry about that. I would like 00:00:50.889 -- 00:00:55.994 to express my deepest apologies for not being able I 00:00:55.994 -- 00:01:01.580 would like to briefly look back on the past three years. 00:01:01.580 -- 00:01:06.765 There was no improvement in the profits of Brahma chocolate. 00:01:06.765 -- 00:01:10.209 Also, the operation of the new 00:01:10.209 -- 00:01:14.493 Chinese cream factory was delayed. In terms of chocolate 00:01:14.493 -- 00:01:16.475 business other 00:01:16.475 -- 00:01:18.497 than Brahma chocolate, 00:01:18.497 -- 00:01:23.860 the supply chain was strengthened, 00:01:24.322 -- 00:01:29.089 The profit was increased 00:01:29.089 -- 00:01:35.078 by the sales strategy that adjusted the material for the timely 00:01:35.078 -- 00:01:40.085 price reduction and added precision. Brazil's Harald, who started 00:01:40.085 -- 00:01:42.365 a new factory, 00:01:42.508 -- 00:01:47.736 also stood up ...