Lasertec Corporation
Financial Results Briefing for the Fiscal Year Ended June 2023
August 7, 2023
Event Summary
[Company Name] | Lasertec Corporation | |
[Company ID] | 6920-QCODE | |
[Event Language] | JPN | |
[Event Type] | Earnings Announcement | |
[Event Name] | Financial Results Briefing for the Fiscal Year Ended June 2023 | |
[Fiscal Period] | FY2023 Annual | |
[Date] | August 7, 2023 | |
[Number of Pages] | 28 | |
[Time] | 16:30 - 17:32 | |
(Total: 62 minutes, Presentation: 9 minutes, Q&A: 53 minutes) | ||
[Venue] | Webcast | |
[Venue Size] | ||
[Participants] | ||
[Number of Speakers] | 2 | |
Osamu Okabayashi | Representative Director, President Executive | |
Officer | ||
Yutaro Misawa | Executive Officer, CFO | |
[Analyst Names]* | Tetsuya Wadaki | Mitsubishi UFJ Morgan Stanley Securities |
Yoshitsugu Yamamoto | Mizuho Securities | |
Masahiro Nakanomyo | Jefferies | |
Shuhei Nakamura | Goldman Sachs | |
Mikio Hirakawa | BofA Securities | |
Yu Yoshida | CLSA Securities | |
Masahiro Ishino | Tokai Tokyo Research Center | |
Kazuyoshi Saito | IwaiCosmo Securities | |
Takeru Hanaya | SMBC Nikko Securities | |
Damian Thong | Macquarie Capital Securities |
Support | |||
Japan | 050.5212.7790 | North America | 1.800.674.8375 |
Tollfree | 0120.966.744 | Email Support | support@scriptsasia.com |
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*Analysts that SCRIPTS Asia was able to identify from the audio who spoke during Q&A or whose questions were read by moderator/company representatives.
Support | |||
Japan | 050.5212.7790 | North America | 1.800.674.8375 |
Tollfree | 0120.966.744 | Email Support | support@scriptsasia.com |
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Presentation
Misawa: It is time to commence the financial results briefing for the fiscal year ended June 2023 of Lasertec Corporation. Thank you very much for taking time out of your busy schedule to join us today.
My name is Misawa, Executive Officer, CFO, and I will be the moderator. Thank you.
Now, let me explain the flow of the briefing session. First, Mr. Osamu Okabayashi, Representative Director, President Executive Officer, will give a 10-minute overview of the financial results. We will then take questions until about 5:30, and the entire session is scheduled to last about an hour.
The content of this briefing will be posted on our website in Japanese and English scripts at a later date. Please take advantage of it.
We will now provide an overview of our financial results. President Okabayashi, please go ahead.
Okabayashi: Hello, everyone. Let me start the presentation.
In today's agenda, as usual, I will first give an overview of the financial results for the previous year, the fiscal year ended June 2023, and then discuss our full-year forecast for the fiscal year ending June 2024.
Support | |||
Japan | 050.5212.7790 | North America | 1.800.674.8375 |
Tollfree | 0120.966.744 | Email Support | support@scriptsasia.com |
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Starting with the financial results. This is the results in perspective. Sales and profits reached record highs. Operating profit was JPY62.2 billion, much higher than the initial forecast due to a better product mix and the effect of the yen depreciation.
This is sales by product category. Compared to the previous year, sales of semiconductor-related product increased by 72% and sales of service increased 52%.
Support | |||
Japan | 050.5212.7790 | North America | 1.800.674.8375 |
Tollfree | 0120.966.744 | Email Support | support@scriptsasia.com |
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Disclaimer
Lasertec Corporation published this content on 09 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 August 2023 02:05:49 UTC.