Tokio Marine Holdings Inc (TKOMF) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good evening and good afternoon to everyone. My name is Endo. Thank you very much for taking the time to join us today despite your busy schedule. As of this April, I took over the CFO role from my predecessor, Mr. Okada. As the new CFO, I intend to continue contributing to the enhancement of corporate value while placing great importance on dialogue with capital market participants, so I look forward to our continued relationship. I would like to get right into the details, but before that, I will briefly explain how we are disclosing the financial results for this period. As explained at the IFRS briefing held last September, Total Marine Holdings have transitioned its accounting standards to IFRS at the end of fiscal year 25, and we have revised the definitions of KPIs, such as adjusted net income, accordingly. Since this financial reporting timing is a transitional period, we will explain results for fiscal 25 using JGAP-based accounting and figures according to old definitions to announce the fiscal 26 forecast. We will be using IFRS-based accounting and newly defined figures. Additionally, we have revised our presentation material format. We have referenced materials from European peers who have already adopted IFRS. Materials which I believe you're familiar with, with the aim of presenting our performance in a more simple and easy to understand manner. Detailed data is available in the group supplemental data in Excel format available on our website, and we hope that you will find it useful. Apologies for the lengthy introduction. Please turn to page one of the material. Here we are presenting our core KPIs. EPS, and ROE. To allow you to assess our progress against the current and interim plan, we have included figures based on both IFRS and JGAP. Regardless o...