Toyota Tsusho Corp Ord (TYHOF) Q4 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

taking time out of your business schedules to attend today's briefing on Toyota Tsusho Corporation's consolidated financial results for fiscal year 2023. Present at today's briefing are Ichiro Kastani, President and CEO, Tominaga, CSO, and Iwamoto, CFO. Before I start the presentations, I'd like to make a few remarks. In the presentations, we may make forward-looking statements based on our current expectations, all of which are subject to risks and uncertainties. Please note that actual results may differ from these forward-looking statements. We will begin with a few words from Mr. Kastani, President and CEO. Hello, and how are you? I would like to thank you very much for your continued support. Today's meeting will be held in a hybrid format with participants coming to the venue and a live streamed meeting. For those of you participating in the live streaming session, please understand that we will be providing explanations through the screen. Our CFO, Mr. Iwamoto, will explain the details of the financial results immediately after this. But I'd like to say that our net income attributable to owners of the parent for the fiscal year 2023 was 331.4 billion yen, a record high. CFO Iwamoto will now explain the details of the results. Hello to all of you. Thank you for joining us today despite the golden week holiday. I will now review the consolidated results for fiscal year 2023 and the earnings forecast for fiscal year 2024. First of all, please take a look at the second page, as shown in the upper right corner. From the previous fiscal year, the U.S. dollar appreciated by 10 yen to 145 yen per dollar, the euro appreciated by 15 yen to 156 yen. Revenue was 10,188.9 billion yen, exceeding the 10 trillion yen mark. Gross profit was exceeded 1 trillion yen at 1.523 tr...