Olympus Corp Ord (OCPNF) Q4 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:01.094 -- 00:00:04.837 Now we would like to start the Q&A session. 00:00:05.461 -- 00:00:09.046 I have a question about the question-related issues. 00:00:09.046 -- 00:00:12.108 I want to understand the current status. 00:00:12.451 -- 00:00:18.320 Last year in June, some of the products received an import alert. 00:00:18.320 -- 00:00:24.490 And last year, in the third quarter, ship hold was announced 00:00:24.490 -- 00:00:29.377 based on the inspections. And the ship hold 00:00:29.377 -- 00:00:32.923 was going to be largely completed within the fourth quarter. 00:00:32.923 -- 00:00:38.012 That was an explanation last time, but it's still part of this fiscal year's plan. 00:00:38.012 -- 00:00:41.519 So, I want to understand the current status 00:00:41.519 -- 00:00:44.524 of ship hold and schedule of the inspections. 00:00:44.524 -- 00:00:48.833 How is it progressing? Please share the current status. 00:00:48.833 -- 00:00:51.398 Yeah, thank you for the question. 00:00:51.398 -- 00:00:56.208 Let me address both parts of that. You mentioned the import alert first. 00:00:56.208 -- 00:01:01.358 The import alert, again, is largely tied 00:01:01.358 -- 00:01:06.548 to our ISOO facility. And so until that 00:01:06.548 -- 00:01:11.657 ISOO facility is reinspected, that import alert 00:01:11.657 -- 00:01:16.827 may not be lifted. And to put the import alert in context, that was roughly 1% 00:01:16.827 -- 00:01:18.370 of 00:01:18.370 -- 00:01:23.520 sales. So that's the import alert. The inspections that took place 00:01:23.520 -- 00:01:28.609 in the fall, as I mentioned on our Q3 call, in an abundance 00:01:28.609 -- 00:01:32.877 of caution, we put a number of products on SHPHOLD. 00:01:32.877 -- 00:01:37.967 And as I mentioned, I think it was 20 or so, the majorit...