Tdk Corp S/Adr (TTDKY) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

We will now start the TDK Corporation full-year performance briefings for the fiscal year March 2026. Thank you very much for taking the time to join our briefing today. First, let me introduce the attendees. President and CEO, Saito Noboru. Senior Executive Vice President, CFO, Executive Vice President, Sato Shigeki. Corporate Officer, Sashida Fumio. Corporate Officer, Tsutsui Takao. That is all for the attendees. Today, after presenting the full year results and projections for the fiscal year, March 27, and also mid-term planned progress, and then we will have a Q&A session. The entire session is scheduled for about 90 minutes. Today's materials are available in both English and Japanese on our website, so please refer to them as well. The floor is yours, sir. Hello, I am Saito. Thank you very much for joining us today. At the outset, let me summarize what we want to communicate today. For the fiscal year March 2026, we achieved increased sales and profit, breaking past records. Free cash flow exceeded our assumptions, and we revised shareholder returns upward from the initial plan and raised dividends. For the fiscal year March 2027, although there are headwinds such as tensions in the Middle East and the lower ICT device production, such as smartphones, due to soaring memory prices, we will continue to reinforce the management conscious of control the controllable, that is, improving our capabilities. While the mid-term plan targets are generally expected to be achieved, we will further enhance business portfolio management. Today, I will elaborate on the investment in the AI ecosystem, a major potential for us in the mid to long term, highlighting progress on our growth strategy on AI data center-related products. In addition, we are intensifying our engagement...