Toppan Holdings Inc (TONPF) Q4 2024 Earnings Call

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WEBVTT 00:00:01.921 -- 00:00:07.087 I am Kurobe, CFO of Toppan Holdings Inc. Thank you for taking time 00:00:07.087 -- 00:00:12.314 out of your busy schedule to join us at Fiscal 2024 Full Year Results 00:00:12.314 -- 00:00:14.314 Briefing. 00:00:15.738 -- 00:00:21.723 So let me present the overall Fiscal 2024 Full Year Results. 00:00:22.867 -- 00:00:24.787 First of all, 00:00:24.787 -- 00:00:30.182 In FY 2024, as you can see on page 3, 00:00:30.182 -- 00:00:35.451 the net sales were ¥1,717.9 billion, up 2.4% 00:00:38.545 -- 00:00:40.109 year-on-year. 00:00:40.109 -- 00:00:45.935 Operating profit was 84 billion yen, up 13.1% 00:00:45.935 -- 00:00:47.778 year-on-year. 00:00:47.778 -- 00:00:54.042 Looking at different segments, information and communication sales grew 3.3%, 00:00:54.225 -- 00:00:59.250 but profit growth was flat due to upfront investments for DX business 00:00:59.250 -- 00:01:01.993 for portfolio transformation. 00:01:01.993 -- 00:01:04.616 Living and industry sales increased by 2%. 00:01:04.616 -- 00:01:08.558 Profit grew by 21.5%. 00:01:11.142 -- 00:01:16.972 Eco-friendly SX packaging performed well, driving overall profits. 00:01:16.972 -- 00:01:19.617 Electronic sales and profit grew about 5%. 00:01:19.617 -- 00:01:21.617 Photo 00:01:23.023 -- 00:01:27.090 masks showed strong performance throughout the year. 00:01:27.090 -- 00:01:28.653 FCBGA 00:01:28.653 -- 00:01:35.101 profit grew from the second half, contributing to the higher performance. 00:01:35.341 -- 00:01:39.686 Profit attributable to owners or parent was ¥89.3 00:01:39.686 -- 00:01:42.510 billion, up 20%. 00:01:42.510 -- 00:01:48.797 In addition to higher operating profit ¥183.8 billion, extraordinary 00:01:48.797 -- 00:01:53.783 income, including gain on sale of investment securities, w...