Toyota Tsusho Corp Ord (TYHOF) Q4 2024 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:06.361 I will now explain the results and forecasts for fiscal year 2024 and fiscal 00:00:06.361 -- 00:00:08.184 year 2025. 00:00:08.184 -- 00:00:10.184 First, 00:00:12.952 -- 00:00:16.839 I have prepared a summary on the first page. 00:00:16.839 -- 00:00:20.585 Despite favorable exchange rates, 00:00:20.585 -- 00:00:24.989 production volumes remained sluggish. 00:00:25.112 -- 00:00:26.744 However, 00:00:26.744 -- 00:00:32.369 we were able to achieve a record high profit for the fourth consecutive quarter, 00:00:32.369 -- 00:00:37.574 which I consider a positive outcome. Turning to the next page, the income statement 00:00:37.574 -- 00:00:41.978 indicates that the exchange rates for both the dollar and the euro are 8 yen weaker than 00:00:41.978 -- 00:00:44.720 the previous year as shown in the top right corner. 00:00:44.720 -- 00:00:48.444 The impact of the yen's depreciation on the currency is shown in the right column. 00:00:48.444 -- 00:00:54.149 Regarding the company's financial performance, revenue reached 10,309,500,000 yen. 00:00:54.149 -- 00:00:57.532 Gross profit amounted to 1,121,1 00:00:57.857 -- 00:01:03.068 billion yen. However, operating profit fell slightly below 500 billion yen, reaching 00:01:03.068 -- 00:01:04.552 497.1 00:01:04.552 -- 00:01:07.819 billion yen. Profit stood at 362.5 00:01:07.819 -- 00:01:12.880 billion yen. Each of these figures represents a new record high. 00:01:12.880 -- 00:01:17.953 Notwithstanding the exclusion of the impact of the exchange rate, on a net profit basis, 00:01:17.953 -- 00:01:21.622 there was a 10.3 billion yen increase due to the exchange rate. 00:01:21.622 -- 00:01:26.234 However, when viewed in total, there was an increase of 31.1 billion yen. 00:01:26.234 -- 00:01:30.481 We belie...