Rigaku Holdings Corp (RGAKF) Q3 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.740 -- 00:00:03.525 Thank you. Let me start. 00:00:04.603 -- 00:00:08.873 So please look at page three. 00:00:08.873 -- 00:00:14.000 So this is today's agenda. We have two parts of agenda presentation. 00:00:14.000 -- 00:00:19.128 The first part covers the summary of third quarter FY2025 consolidated financial 00:00:19.128 -- 00:00:23.414 results and progress toward FY2025 earnings forecast. 00:00:23.414 -- 00:00:28.298 Number two, updates on growth strategy and directions for FY2026. 00:00:29.042 -- 00:00:32.687 And that is the mid to long-term growth strategy. 00:00:32.687 -- 00:00:38.135 And so this is the direction for FY2026 will also be introduced. 00:00:38.135 -- 00:00:43.562 So the first agenda, summary of the third quarter FY2025 00:00:43.562 -- 00:00:49.130 consolidated financial results and progress toward FY25 earnings forecast. 00:00:49.130 -- 00:00:52.775 So now in this page, this is a highlight 00:00:52.775 -- 00:00:58.602 in the company-wide overall the revenues in the third quarter. 00:00:58.602 -- 00:01:04.590 When the first half is finished that we have announced within our assumption 00:01:04.590 -- 00:01:09.149 now has landed in its results. in three-quarter 00:01:09.149 -- 00:01:12.543 cumulative results declined 5.3 00:01:12.543 -- 00:01:17.065 percent year-on-year. However, profits 00:01:17.065 -- 00:01:22.450 in EBITDA, adjusted EBITDA, and net profit declined year-on-year, 00:01:22.473 -- 00:01:27.040 significantly due to lower overall sales, concentration of high-margin semiconductor 00:01:27.040 -- 00:01:30.806 projects in 4Q, as well as continued strategic investments. 00:01:30.806 -- 00:01:36.274 So therefore, this will be explained more in detail later in the 00:01:36.274 -- 00:01:41.482 presentation. But our performance...