Toray Indus Inc Unsp/Adr (TRYIY) Q1 2027 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.051 -- 00:00:03.513 Thank you very much for joining us despite your busy schedule. 00:00:03.513 -- 00:00:09.236 Today, I'd like to explain about storage vision from the medium to long-term perspective 00:00:09.236 -- 00:00:14.239 and the medium-term management program, Ignition 2028, our initiatives 00:00:14.239 -- 00:00:17.100 to realize our vision. 00:00:17.661 -- 00:00:21.527 Now, I'd like to follow the index shown on this page. 00:00:21.527 -- 00:00:26.675 I'll begin by sharing our overall view of the key issues, then explain our long-term 00:00:26.675 -- 00:00:32.454 vision and management strategy, as well as our medium-term management program. 00:00:32.454 -- 00:00:38.160 First, reviewing the current medium-term management program, APG 2025. 00:00:38.160 -- 00:00:42.945 I'd like to summarize the achievements of the past three years and clarify the challenges 00:00:42.945 -- 00:00:45.988 that have emerged for the next stage. 00:00:45.988 -- 00:00:51.232 This slide presents the consolidated progress on APG 2025 target. 00:00:51.523 -- 00:00:57.390 The left side shows the trends in revenue and cooperating income and the right side ROIC 00:00:57.390 -- 00:01:03.198 and ROE. Revenue and cooperating income are forecasted to increase significantly 00:01:03.198 -- 00:01:09.085 compared with FY 2022 reflecting strategic pricing and structural reform. 00:01:09.085 -- 00:01:14.189 Compared with APG 2025, however, we fell short of the target as 00:01:14.189 -- 00:01:19.593 lower sales volumes caused by delays in business expansion, particularly in performance 00:01:19.593 -- 00:01:23.275 chemicals and carbon fiber composite materials. 00:01:23.275 -- 00:01:28.639 By advancing management with ROIC as our core management principle, we expect 00:01:28.639 -- 0...