Full Year 2024 THK Co Ltd Earnings Presentation Transcript

Feb 13, 2025 / NTS GMT

Release Date Price: $21.58

Transcript

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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