Rigaku Holdings Corp (RGAKF) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

From RIGAKU, my name is Kawakami. Thank you very much for being here despite your busy schedules. This is the first earnings meeting after the IPO, so we would like to do our best. Now, without further ado, as was just introduced, I'd like to take you through what we have announced today, the midterm business plan of the company. That's what I like to start with for the midterm plan. Well, in September in 2023, this was formulated. And after that, in October last year, we had an IPO and we had an investment story. We communicated to the investors at the time of the IPO. And the story is the same, but we have made some updates. However, There is a consistency between the investment story at the time of IPO and the mid-term business plan we are announcing today. And this should give you clear ideas about our growth going forward. So please also access the full document. Entire document is available on the company website. I would like to give you a highlight here. Well, Rigaku is a globally operating, highly profitable, and high-growth specialized manufacturer of analytical and measurement solutions centered on X-rays. We have sales of 90.6 billion, adjusted EBITDA margin of nearly 26%, CAGR of more than 20% for the last several years, and the overseas sales ratio of 73%. And we have a high global share, which is equivalent to the global leader in X-ray meteorology. And there are three segments. One is multipurpose analytical instruments, analysis and transfer of X-ray data. And mainly this is used for the R&D purposes at companies and academia. And using the same principle of X-ray technology, not only in R&D, but also in process control of semiconductors, our technology is used, our instrument is used. This is 26%. And there are services we are providing based on tho...