Rigaku Holdings Corp (RGAKF) Q1 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.740 -- 00:00:05.028 Thank you. Let me start the presentation. Today's 00:00:05.028 -- 00:00:10.618 presentation consists of two parts. First one is the consolidated 00:00:10.618 -- 00:00:15.928 financial reporting of the first quarter in FY25 00:00:15.928 -- 00:00:20.997 as of December. And then the second point, the market environment has been 00:00:20.997 -- 00:00:25.644 significantly changing due to the Trump tariff, due to the U.S. 00:00:25.644 -- 00:00:29.510 policy, and what will be the impact on the content measured by Ligaku. 00:00:29.510 -- 00:00:33.155 And also we will update on our growth strategy. 00:00:33.155 -- 00:00:35.699 So first of all, 00:00:35.699 -- 00:00:39.866 let me talk about the FY25 first quarter 00:00:39.866 -- 00:00:42.787 performance report and highlight. 00:00:42.893 -- 00:00:46.074 The company-wide revenue 00:00:46.357 -- 00:00:52.423 have increased 5.5% versus the previous term or year. 00:00:52.423 -- 00:00:56.307 As I've explained before, this year's growth 00:00:56.307 -- 00:01:01.332 is the first half focus scenario. And at this point of time, 00:01:01.332 -- 00:01:03.113 a 5.5% increase 00:01:03.113 -- 00:01:06.056 at this time is basically, 00:01:06.056 -- 00:01:11.242 is almost in accordance with our annual growth plan. 00:01:11.242 -- 00:01:13.758 The product development, 00:01:13.758 -- 00:01:19.386 And also the commercial infrastructure investment, mainly on overseas, 00:01:19.386 -- 00:01:25.051 will be continued so that the adjusted EBITDA, 00:01:25.935 -- 00:01:31.323 adjusted the OI, operating profits are going to 00:01:31.323 -- 00:01:36.710 decrease, but it's also assumed as well. So that will be the scenario that is 00:01:36.710 -- 00:01:41.213 the first quarter. The results have actually reflected our...