Full Year 2024 THK Co Ltd Earnings Presentation Transcript

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Feb 13, 2025

Feb 13, 2025 / NTS GMT
Presentation
Feb 13, 2025 / NTS GMT

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Corporate Participants
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* Kenji Nakane
THK Co Ltd - CFO, Executive Officer, Senior Director of Finance & Accounting in Main Corporate Strategy Unit, Senior Director of Indirect Materials Purchasing in Main Corporate Strategy Unit, Director
* Takashi Teramachi
THK Co Ltd - President, Chief Operating Officer, Senior Chief Director of Industrial Equipment, Representative Director

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Kenji Nakane - THK Co Ltd - CFO, Executive Officer, Senior Director of Finance & Accounting in Main Corporate Strategy Unit, Senior Director of Indirect Materials Purchasing in Main Corporate Strategy Unit, Director

Let me explain the financial highlights for FY2024. Consolidated revenue increased 0.2% year on year to JPY352.7 billion. Industrial machinery business saw a moderate recovery in demand. But revenue decreased from last year, when the order backlog was at a high level, especially in the first half.

In the automotive and transportation

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