Hideki Somemiya
CFO of Resnick Holdings Corporation
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Resonac Holdings Cp U/Adr (SHWDY) Q1 2025 Earnings Call
Resonac Holdings Cp U/Adr (OTC: SHWDY) Q1 2025 earnings conference call, held 2025-05-15. Replay captured from the company's public earnings webcast.
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WEBVTT 00:00:00.031 -- 00:00:06.158 Good morning, everyone. I'm Hideki Somemiya, CFO of Resnick Holdings Corporation. 00:00:06.158 -- 00:00:10.583 Thank you for your consistent understanding and support for our company. 00:00:10.583 -- 00:00:15.249 Today, I will explain the consolidated financial results for the first quarter 2025. 00:00:15.249 -- 00:00:17.249 Please 00:00:17.892 -- 00:00:21.996 see slide 2 for key takeaways. 00:00:21.996 -- 00:00:24.857 There are two key points. 00:00:25.124 -- 00:00:30.412 First, co-operating profit increased year-on-year under IFRS that we started 00:00:30.412 -- 00:00:34.819 to adapt in the full-year financial results for FY 2024. 00:00:34.819 -- 00:00:39.847 This is mainly due to the year-on-year strong performance of the semiconductor and electronic 00:00:39.847 -- 00:00:42.328 materials segment. 00:00:42.592 -- 00:00:47.780 Overall revenue remained flat due to the sluggish chemical segment, but core 00:00:47.780 -- 00:00:53.093 operating profit achieved robust growth. Second, Q1 result shows steady 00:00:53.093 -- 00:00:56.657 progress against the forecast for FY25, 00:00:56.657 -- 00:01:02.143 which was announced on February 13. Besides this, partly due to the uncertain 00:01:02.143 -- 00:01:06.828 external environment by tariff of Trump administration among others, the forecast has 00:01:06.828 -- 00:01:09.711 not been revised as of today. 00:01:09.711 -- 00:01:14.336 Without further ado, let me explain the summary of consolidated results for the first 00:01:14.336 -- 00:01:17.300 quarter 2025. Please see 00:01:17.300 -- 00:01:22.499 slide 3. This slide shows a consolidated result for the first quarter 00:01:22.499 -- 00:01:26.932 2025 with a year-on-year comparison. 00:01:27.241 -- 00:01:32.367 We started to adapt IFRS, and...