Kioxia Hldgs Corp (KXHCF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

I'm Hayasaka, CEO of Kiyokusha. Thank you for joining us today. First of all, I would like to report to you about two points ahead of the explanation of the settlement. First of all, as I said at the time of the meeting, we have passed all the standards of the top-notch prime market by the end of September. At the time of the rise last year, the standard of the distribution stock ratio was not met, but it was raised because it was a special case. However, the distribution stock ratio was met by a part of the salesman, and the standard was 35%. I will report here. The second point is that the MSCI index has been newly adopted in November and is expected to improve the global level of investment for our company. We will continue to work to improve corporate value through continuous growth in the medium and long term. Now, I would like to explain the important points of the second half of the March second quarter. Since the rise last year, I have repeatedly said that through daily business, we are experiencing a very strong increase in AI. The attraction from data centers and hyperscalers is very strong, and customers for PCs and smartphones have normalized their stock standards, and demand is very high. In the second half of the year, sales revenue increased by more than 10 billion yen in the short term. The non-gap sales profit rate is about 20%. The net profit has reached an increase of more than 2 times in the short term. We have been able to reconfirm the importance of AI and our profitability. In the third half of the year, in addition to the rise in sales, the demand for data centers related to AI continues to be strong, and we expect the greatest sales revenue and profit expansion in the past. We think that this trend will continue to the future, and we expect t...