May 15, 2023 / 08:30AM GMT
Naoki Muto - Terumo Corporation - Chief Accounting & Financial Officer and Group Executive Officer
[Interpreted] Hello. I am the CAFO, Muto. I will explain our earnings results for the fiscal year ended March 31, 2023. First, the highlights of this earnings announcement, the FY '22 sales revenue and operating profit results were both our highest ever. We also secured an increase in profit for the year. Sales revenue grew 5% when excluding FX impact, as strong global demand continued, led by the U.S. market. At the same time, profit was greatly affected throughout the year by inflation. Although we achieved an increase in profit, the most recent Q4 saw not only inflation impact, but also onetime downward factors resulting in a shortfall against the guidance we announced in February Later, I will explain these onetime factors from Q4 in more detail.
Regarding the FY '23 guidance, sales revenue will continue to grow globally, and we anticipate 6% growth, excluding FX, to exceed the growth of the previous year, we will achieve improvement of operating profit in both amount and rate, growing profit
Full Year 2023 Terumo Corp Earnings Call Transcript
Feb 15, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers