Rigaku Holdings Corp (RGAKF) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you. Let me start the presentation. Today's presentation consists of two parts. First one is the consolidated financial reporting of the first quarter in FY25 as of December. And then the second point, the market environment has been significantly changing due to the Trump tariff, due to the U.S. policy, and what will be the impact on the content measured by Ligaku. And also we will update on our growth strategy. So first of all, let me talk about the FY25 first quarter performance report and highlight. The company-wide revenue have increased 5.5% versus the previous term or year. As I've explained before, this year's growth is the first half focus scenario. And at this point of time, a 5.5% increase at this time is basically, is almost in accordance with our annual growth plan. The product development, And also the commercial infrastructure investment, mainly on overseas, will be continued so that the adjusted EBITDA, adjusted the OI, operating profits are going to decrease, but it's also assumed as well. So that will be the scenario that is the first quarter. The results have actually reflected our plan. In the first quarter, the revenues, in regards to the revenue in the first quarter revenue, because the U.S.-Trump policy impact has been limited because it has not been really started, but then we are going to examine further more in the future impact on performance from the U.S.-Trump policy. Our pipeline has been growing in a very steady manner in the multi-purpose analytical instruments and semiconductor process control instruments is driving that growth. And compared to the pipeline, how we can convert those pipelines into revenue, conversion to revenue in terms of the timing as well as the volume is going to be very important points. Let me talk about e...