Toppan Holdings Inc (TONPF) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.179 This is Kurobe, the CFO. Thank you very much for taking time out of your busy schedules 00:00:05.179 -- 00:00:10.545 to attend our fiscal 2025 third quarter results briefing. 00:00:13.192 -- 00:00:18.257 I will now explain the financial results for the nine-month period. 00:00:19.522 -- 00:00:22.504 Please turn to page 2. 00:00:23.048 -- 00:00:27.634 For the cumulative third quarter, our consolidated results were as follows. 00:00:27.634 -- 00:00:32.640 Net sales increased year-on-year by 5.2% to 1,322.8 billion yen. 00:00:32.640 -- 00:00:34.602 Non-GAAP 00:00:34.602 -- 00:00:39.848 operating profit excluding impact from acquirement costs increased 7.5% to 65.6 00:00:39.848 -- 00:00:42.089 billion yen. 00:00:43.953 -- 00:00:48.719 Consolidated operating profit for the entire company and by each segment generally met 00:00:48.719 -- 00:00:50.859 our plans. 00:00:52.597 -- 00:00:57.512 Non-GAAP income, excluding the impact of extraordinary gains and losses such as gains 00:00:57.512 -- 00:01:01.665 on the sales of securities, increased 37.9% to 52.5 00:01:01.665 -- 00:01:04.607 billion yen. 00:01:05.506 -- 00:01:08.751 Key financial points are listed on the right. 00:01:08.751 -- 00:01:14.458 Both GAAP and non-GAAP results show increased revenue and profit for information communication 00:01:14.458 -- 00:01:20.507 and living in industry. Electronics saw decreased revenue and profit due to the deconsolidation 00:01:20.507 -- 00:01:26.573 of Texan Photomask, though FCBJ profit margins continue to improve. 00:01:28.117 -- 00:01:32.901 I will explain segment performance in detail later on. 00:01:34.386 -- 00:01:36.606 Page 3 00:01:37.518 -- 00:01:43.266 As Texan Photomass transition to an equity method entity starting in the third quarte...