ORIX Corporation (IX) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for joining Oryx Corporation for annual results for the Council of the Fiscal Year ended March 31st, 2025, despite your very busy schedule. I'll be the master of ceremony. My name is Anna Kane from IR and Sustainability Department. Thank you for this opportunity. The attendee at today's conference is Member of the Board, Representative Executive Officer, President and CEO I owe Hidetake Takahashi and also Kazuki Yamamoto, operating officer responsible for investor relations. Now, Takahashi Yamamoto will give presentation followed by a Q&A session. The briefing session is scheduled to last approximately one hour. I would like to hand over to Mr. Yamamoto. Thank you. I am Yamamoto from Oryx. So I would like to now report on the consolidated net income for Oryx for 25 March end. So please refer to page three to begin with. So consolidated net income for the fiscal year ending March 2025 was 351.6 billion yen, which was announced at 3.30. Although it fell short by 9.8% compared to the forecast of 390 billion yen, but the NAIF income was up 2% from the previous year's result of 346.1 billion yen. OREX once again achieved record high profit. The full-year ROE was 8.8%. At the end of FY25 March end, The market had changed significantly with increased uncertainty due to disruptions in the global supply chain and fluctuations in resource prices. As a result, we reviewed future prospects for our businesses, and after considering these uncertainties, we recorded total impairments of 53.1 billion yen on a pre-tax basis for some assets and investments. On the other hand, many... Segments, including PEN concession, aircraft and ships, and corporate financial services improved their performance, leading to another record high profit for the full year. On the next page, we...