Tokio Marine Holdings Inc (TKOMF) Q4 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:01.043 -- 00:00:03.887 Good evening and good afternoon to everyone. 00:00:03.887 -- 00:00:08.473 My name is Endo. Thank you very much for taking the time to join us today despite your 00:00:08.473 -- 00:00:13.580 busy schedule. As of this April, I took over the CFO role from my 00:00:13.580 -- 00:00:19.027 predecessor, Mr. Okada. As the new CFO, I intend to continue contributing to the enhancement 00:00:19.027 -- 00:00:23.653 of corporate value while placing great importance on dialogue with capital market participants, 00:00:23.653 -- 00:00:26.120 so I look forward to our continued relationship. 00:00:26.120 -- 00:00:30.127 I would like to get right into the details, but before that, I will briefly explain how 00:00:30.127 -- 00:00:34.153 we are disclosing the financial results for this period. 00:00:34.153 -- 00:00:39.502 As explained at the IFRS briefing held last September, Total Marine Holdings have transitioned 00:00:39.502 -- 00:00:44.610 its accounting standards to IFRS at the end of fiscal year 25, and we 00:00:44.610 -- 00:00:49.643 have revised the definitions of KPIs, such as adjusted net income, accordingly. 00:00:49.643 -- 00:00:54.108 Since this financial reporting timing is a transitional period, we will explain results 00:00:54.108 -- 00:00:59.114 for fiscal 25 using JGAP-based accounting and figures according to 00:00:59.114 -- 00:01:02.598 old definitions to announce the fiscal 26 forecast. 00:01:02.598 -- 00:01:07.243 We will be using IFRS-based accounting and newly defined figures. 00:01:07.243 -- 00:01:10.487 Additionally, we have revised our presentation material format. 00:01:10.487 -- 00:01:14.399 We have referenced materials from European peers who have already adopted IFRS. 00:01:14.399 -- 00:01:18.623 Materials which I believe...