Sumco Corp Ord (SUMCF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for your participation today. This is the results briefing for the first quarter of the fiscal year ending December 2026. The announcement regarding revision to dividend forecast and the presentation deck entitled Results for Q1 Fiscal 2026, which we will use now. Next, a disclaimer. The estimates, expectations, forecasts, and other future information discussed here and shown in today's materials were prepared based on the information available to the company as of today and on certain assumptions and qualifications, including our subjective judgment. Actual financial performance or results may differ substantially from the future information contained in this material due to risk factors including domestic and global economic conditions, trends in the semiconductor market, and foreign exchange rates. We will have presentations today from Representative Director and President Jiro Ryuta and Representative Director and Vice President CFO Shinichi Kubozoe. President Ryuta will discuss our forecasts and operating environment to be followed by an explanation of the financial results by CFO Kubozoe. We have set aside time for a Q&A session as well. I will now hand over to President Ryuta. I am President Ryuta. I have recently taken over from Chairman Hashimoto. I am still getting used to this part of my role and apologize if it feels a little awkward. I will start with an overview of the results and comment on the market environment. In Q1, Samco achieved sales of 101.4 billion yen, an operating loss of 5.2 billion yen, an ordinary loss of 7.9 billion yen, and a net loss of 8.4 billion yen. For Q2, we project sales of 112 billion yen, an operating loss of 2.5 billion yen, an ordinary loss of 6.5 billion yen, and a net loss of 7 billion yen. Compared to Q1, our Q...