Ichigo Group Holdings Co (ICHIF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

I'm Chuck Allen, Chairman of Ichigo. Thank you very much for joining today. I'm joined on my right, Ted Perdita, who is our lead independent director, and on my left by Dan Morisaku, who is a senior member of our finance team and head of our global IR. We're going to be going through the FY26-2, the February 2026 first half corporate presentation. That's in front of you. Thank you so much, everybody, for joining. We're really grateful for your time. let's start on page six one of the things you should know we changed and a name of one of our earnings classifications we were calling an all-in operating profit we've changed it to business profit there's no change in the definition of itself the reason we changed it is because we started doing this disclosure and I'll go into some more details a couple years ago and since then a number of big Japanese real estate firms have started using an equivalent disclosure, and they're calling it business profit. It just felt like it was easier for investors to use a similar naming scheme for it. There's also a little bit of by calling it all in, people thought it was possibly all in. Everything but the kitchen sink, it isn't. So we made a name change. So going forward, it's going to be business profit BP as opposed to all in OP. I hope that's okay. All right. So on to the summary for the first half. Business profit. We think these are the two major KPIs we should be focusing on business profit, which is a broad Definition that encompasses our core operating earnings and cash EPS are the two major measures earnings measures from the firm So one of them is up sixty percent year-on-year. There was up fifty percent. So it was a very strong quarter. It's it's it's the business environment is superb and and we run forward. Our stock ea...