Q3 2023 TechnoPro Holdings Inc Earnings Presentation Transcript

Apr 28, 2023 / NTS GMT

Release Date Price: $5.43 (-0.64%)

Transcript

Toshihiro Hagiwara

TechnoPro Holdings, Inc. - MD, CFO & Director

I am Hagiwara, CFO of TechnoPro Holdings. Assuming the overlap with a briefing session of other companies that announced full year financial results. Today, we will start 1 hour later than usual. Thank you for taking time out of your busy schedules to participate. I guess the profit level in the third quarter has not met the market expectations, but we have not seen any particular changes in the business conditions and do not feel anxious about the future outlook at this moment.

The contract renewal ratio in March ended up with 90.3%, almost same level as the previous year, while the actual ratio could have exceeded 92% without our voluntary cancellations to stick to the improvement of base charge for staffing contracts. As a result of aggressive price negotiations at the time of March

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