Resonac Holdings Cp U/Adr (SHWDY) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, everyone. I am Hideki Somemiya, CFO of Retina Codings Corporation. Thank you very much for your understanding and support for our company. Let me explain the financial results overview of Q3 of fiscal 2025. Page 2 is key takeaways. There are three things that I'd like to communicate to you. First, core operating profit in semiconductor and electronic material segment reached a record high on a quarterly basis. In Q3, products for advanced semiconductors used for AI and others were strong. In addition, there was inventory demand for smartphones and others. Second, core operating profit increased year on year, driven by the strong performance of the semiconductor and electronic materials segment, which more than offset the weakness in the chemical segment. Third, compared to fiscal 2025 forecasts announced on February 13 this year, we made steady progress through Q3. Forecast numbers remain unchanged. Now let me explain Q1 to Q3 financial results. Slide number 3 shows the summary of Q1 to Q3 consolidated results comparing fiscal 2024 to 2025. Q1 to Q3 revenue was 986.3 billion yen. Semiconductor and electronic materials revenue grew considerably year-on-year. However, chemical segment and classist chemical segment revenue decreased. Overall revenue declined by 43 billion yen year-on-year. Core operating profit was 72.8 billion yen, up 4 billion yen year-on-year. As for non-recurring items, gain on sale of former headquarters land and buildings increased was booked the same period last year. During Q1 to Q3 this year, impairment losses on business sale and restructuring were recorded. Non-recurring items turned negative to 51.4 billion yen. IFRS-based operating profit was 21.5 billion yen, down 64 billion yen year on year. Profit attributable to owners of the par...