Toray Indus Inc Unsp/Adr (TRYIY) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.635 Thank you very much for joining us today despite your busy schedule. 00:00:05.118 -- 00:00:10.226 On behalf of Torre Group, I'd like to take this opportunity to extend my gratitude towards 00:00:10.226 -- 00:00:15.934 your continued understanding and your interest in our management and business activities. 00:00:15.934 -- 00:00:20.721 Now, I'd like to report Torre's business results for the first quarter ended June 30, 00:00:20.721 -- 00:00:22.721 2025. 00:00:24.828 -- 00:00:30.393 Now, I'd like to follow the table of contents shown on page 1. 00:00:30.541 -- 00:00:35.004 This is a summary of the business performance and forecast. 00:00:35.147 -- 00:00:40.453 In the first quarter, while gradual recovery of Japanese economy continued, sluggishness 00:00:40.453 -- 00:00:45.219 in the flow of goods and holding back on purchases were also seen in some area against 00:00:45.219 -- 00:00:48.624 the backdrop of growing uncertainties triggered by U.S. 00:00:48.624 -- 00:00:52.105 policy shifts by the Trump administration. 00:00:52.348 -- 00:00:56.854 Under such business environment, the cooperating income for the first quarter decreased 00:00:56.854 -- 00:01:01.991 compared with the same period a year earlier to due to 00:01:01.991 -- 00:01:07.177 weak market conditions and inventory adjustment, although the company promoted 00:01:07.177 -- 00:01:11.181 business structure reform and strategic pricing. 00:01:11.181 -- 00:01:16.206 The consolidated business forecast for the fiscal year ending March 2026 is the same 00:01:16.206 -- 00:01:19.870 as the initial forecast announced on May 14, 2025. 00:01:19.870 -- 00:01:21.870 In 00:01:22.372 -- 00:01:27.952 terms of annual dividends for the fiscal year ending March 2026, The company anticipates ...