Kioxia Hldgs Corp (KXHCF) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

I am Hanazawa,財務統括責任者. Nice to meet you. First, I would like to explain the highlights of the fourth quarter of the March fiscal year of 2025. Sales revenue fell above the upper limit of guidance. Non-gap operating profits and current net profits fell near the upper limit. The sales revenue of the fourth quarter was 3,471 billion yen. The total market share was 22.9%. The non-GAAP operating profit was 3.75 billion yen. The profit was 16.6 points lower than the total market share, which was 10.8%. The non-GAAP operating profit and the current net profit by the IFRS standard, the annual fixed interest rate is estimated at about 1.1 billion yen. The profit per share is 24.65 yen. The effect of the exchange rate was that the sales revenue was increased by 1.4 billion yen from 1.49 billion yen in the third quarter to 1.54 billion yen in the fourth quarter. The demand for the enterprise was high, but the selling price of the company was reduced by 20% due to the impact of customer stock adjustment for computers and smartphones, and the total market share was reduced by 20%. The total market share was reduced by 10% due to the fact that the demand for smartphones was mainly reduced, and the total market share was reduced by 10%. Next, I will explain the sales performance of each application based on the market. Our application is classified into three categories, Smart Device, SSD and Storage. The other categories include B2C products such as SD memory cards, There are also sales profits for three risks, which are structured by manufacturing joint venture companies. Smart devices for smartphones and tablets. The total sales profit was 7.96 billion yen, which is 32% of the total market share. The total sales profit was 23%. In addition to the continuation of customer stock a...