Toppan Holdings Inc (TONPF) Q1 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Toppan Holdings Inc..

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:01.448 -- 00:00:05.613 I'm Kurobe, the chief financial officer. Thank you very much for joining us today for 00:00:05.613 -- 00:00:11.717 fiscal 25 first quarter results briefing, despite your very busy schedule. 00:00:12.500 -- 00:00:17.123 Now let me proceed with the explanation of the financial results. 00:00:17.686 -- 00:00:21.047 Please turn to page two. This 00:00:22.151 -- 00:00:28.416 is the Q1 consolidated results. Net sales was 397.5 billion yen, 1.3% 00:00:28.938 -- 00:00:31.790 down year over year. 00:00:31.790 -- 00:00:36.396 Excluding the impact of acquisition costs and other items, non-GAAP operating profit 00:00:36.396 -- 00:00:39.541 increased by 15.3% to 16.1 00:00:39.541 -- 00:00:41.981 billion yen. 00:00:42.725 -- 00:00:47.171 Non-GAAP profit attributable to the owner of the parent, excluding special gains such 00:00:47.171 -- 00:00:52.258 as from the sale of securities, increased by 16.8% to 9.3 billion 00:00:52.258 -- 00:00:53.780 yen, 00:00:53.780 -- 00:00:58.584 resulting in overall performance largely in line with the forecast. 00:00:59.566 -- 00:01:04.319 Key points are shown on the right side. Information and communication and living and 00:01:04.319 -- 00:01:09.513 industry reported increased revenue and profit, while electronics reported a decreased 00:01:09.513 -- 00:01:15.125 revenue and profit. I'll provide details of segment performance later. 00:01:15.125 -- 00:01:20.132 Please note that starting this fiscal year, we have changed the foreign 00:01:20.132 -- 00:01:25.559 exchange rate processing method from closing rate to the average rate for the period. 00:01:25.559 -- 00:01:29.404 We have retroactively adjusted the prior year figures. 00:01:29.404 -- 00:01:34.732 Unless otherwise stated, the prior year figures in the f...