Minebea Mitsumi Inc U/Adr (MINBY) Q4 2025 Earnings Call

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WEBVTT 00:00:00.391 -- 00:00:05.653 Good afternoon. This is Yoshida. Today, I would like to first explain the financial results 00:00:05.653 -- 00:00:09.855 overview for the fiscal year ended March 31st, 2025 and the forecast for the fiscal year 00:00:09.855 -- 00:00:12.756 ending March 31st, 2026. 00:00:12.756 -- 00:00:16.257 Consolidated net sales for the fiscal year ending March 31st, 2025 was up 8.6% year-on-year 00:00:16.257 -- 00:00:20.538 to total 1,522,703 million yen. Operating income was up 28.5% year-over-year to total 00:00:29.269 -- 00:00:31.269 Profit 00:00:31.991 -- 00:00:34.412 for the 00:00:34.412 -- 00:00:39.234 period attributable to owners of the parent was up 10% year-on-year to 59.457 billion 00:00:39.234 -- 00:00:42.034 yen. Net sales 00:00:42.175 -- 00:00:47.658 hit record highs and increased for 13 consecutive terms. 00:00:47.658 -- 00:00:52.721 Operating income includes one-time expenses of approximately 5 billion yen. 00:00:52.721 -- 00:00:57.102 Details will be explained later in the slides for each segment. 00:00:57.736 -- 00:01:02.777 Due to the depreciation of the yen, there was an increase of ¥72.7 billion in net 00:01:02.777 -- 00:01:09.299 sales and an increase of ¥10.5 billion in operating income from the previous year. 00:01:09.299 -- 00:01:14.121 The financial statements for the quarter ending March 2025 have been slightly retroactively 00:01:14.121 -- 00:01:19.802 adjusted to reflect the processing of the PPAs of Minabea Power Devices and SocioNext. 00:01:23.616 -- 00:01:29.620 Please note that the figures on the subsequent pages used the revised figures. 00:01:30.811 -- 00:01:34.373 Consolidated sales for the fourth quarter of fiscal year ending March 2035 was up 7.5% 00:01:34.373 -- 00:01:36.914 year-on-year and up 1.4% quarter...