Toray Indus Inc Unsp/Adr (TRYIY) Q3 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you very much for joining us today despite your busy schedule. On behalf of Torre Group, I'd like to take this opportunity to extend my gratitude towards your continued understanding and your interest in your management and business activities. Now, I'd like to report Torre's business results for the third quarter as nine months ended December 31st, 2025, and the business forecast for the fiscal year ending March 2026. Now, I'd like to follow the table of contents shown on page 1. This is a summary of the business performance and forecast. During the 9 months in FY2025, the Japanese economy continued to recover at a gradual pace. However, sluggishness in the flow of goods and holding back on purchases were also seen in some areas against the backdrop of growing uncertainties. triggered by the U.S. policy shift under the Trump administration. Amid these circumstances, corporating income of the nine months decreased year-on-year to 105.1 billion yen due to the sluggish market conditions and the impact on inventory adjustment, although the company worked on business structure reform and strategic pricing. The full-year focus for cooperating income increased to ¥150 billion compared with the previous fiscal year. Furthermore, the company is proceeding with share buybacks in line with the resolution at the Board of Directors meeting held in November 2024. As of the end of January 2026, the total repurchase price of shares has reached ¥29 billion equivalent to 28 million of shares. I'll explain the details starting from the next page. I'd like to begin with a summary of business results for the third quarter of the nine months ended December 31st, 2025. Please turn to page 4. Consolidated revenue for the nine months decreased 0.2% compared with the same period a year...