Ichigo Group Holdings Co (ICHIF) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hi, everybody. I'm Scott Callan, Chairman of Ichigo. I'm joined today on my right by Ted Fujita, who is our lead independent director, and on my left, Dan Morisaku, who is a senior member of our finance team and the head of Global Hour for us. We're speaking against what's right in front of you, the FY26-2, so the February 2026 full-year corporate presentation. So let's jump into it. I think there's a summary page right before that. There you go. And I say there's a summary page. I'm going to go relatively quick through this presentation. Maybe I'm wrong, but we try to be consistent in the way that we present things. Maybe I'm wrong element of this. I feel like I say the same things every three months, which is probably better than not saying the same things every three months in terms of what our core business activity is and providing you the KPIs and our progress and KPIs. So I'll go relatively quickly through this and go through questions and any comments on our business. It is a very strong operating environment, and we're doing well. So we've generated record business profit, net income, cash earnings, stock earnings. We'll go through some of the details on this later. We've done both investments for growth and significant buyback activity. We think the shares are at historically low levels. On this year's earnings, the year that I'm going to describe the forecast, so the FY27-2 earnings were at 11 times P.E. and 8 times cash P.E., in an environment and I'll talk about this also, where inflation is a strong driver of positive economics for the business model, which is unlike a lot of firms in the world. So it is an extraordinary time for us to deliver positive outcomes for our shareholders. Here are some of the details. Again, I'm going to try to choose which a...