Kioxia Hldgs Corp (KXHCF) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:02.594 I am Hanazawa, the財務統括責任者. 00:00:02.594 -- 00:00:05.014 Nice to meet 00:00:05.957 -- 00:00:11.082 you. First, I would like to explain the highlights 00:00:11.082 -- 00:00:14.744 of the first quarter of March of 00:00:14.826 -- 00:00:20.972 2026. The sales revenue, non-gap business profits, and current net profits, 00:00:20.972 -- 00:00:24.836 mainly due to the increase 00:00:24.836 -- 00:00:28.699 in sales costs and the influence of a part of the exchange rate, exceeded the upper limit 00:00:28.699 -- 00:00:33.935 of the guidance, the recovery from the deluxe trend since 00:00:33.935 -- 00:00:37.577 the third quarter of last year 00:00:38.761 -- 00:00:43.927 has been clear. Mainly, the demand for data centers and enterprise SSDs by 00:00:43.927 -- 00:00:48.012 AI investment continues to rise, 00:00:48.012 -- 00:00:53.058 and in addition to the demand for flash memory 00:00:53.058 -- 00:00:56.731 products for mobile and PC markets, 00:00:56.731 -- 00:01:02.358 By continuing to improve productivity, we will increase 00:01:02.358 -- 00:01:04.140 our 00:01:04.140 -- 00:01:10.105 guidance and improve our revenue with all market 00:01:12.310 -- 00:01:18.877 share. The sales revenue of the first market share was 34.28 billion 00:01:18.877 -- 00:01:21.160 yen, which is 1.2% 00:01:21.160 -- 00:01:24.322 less than the total market share. 00:01:24.322 -- 00:01:26.883 The non-gap operating 00:01:26.905 -- 00:01:32.052 profit was 45.2 billion yen. The profit rate rose 00:01:32.052 -- 00:01:34.074 by 2.4 00:01:34.074 -- 00:01:38.540 points to 2.4% with a total market share 00:01:38.540 -- 00:01:45.106 of 2.4 points, which was 13.2%. The change-over profit was 00:01:46.169 -- 00:01:51.556 34.31 yen. The sales revenue was 154 yen for the fourth ma...