Q2 2024 Terumo Corp Earnings Presentation Transcript

Nov 14, 2023 / 08:00AM GMT

Release Date Price: 円2122.5 (+0.50%)

Transcript

Naoki Muto

Terumo Corporation - Chief Accounting & Financial Officer and Group Executive Officer

Hello. I am the CAFO, Muto. I will explain our earnings results for the first half of the fiscal year ending March 31, 2024.

Here are the highlights of this earnings report. Both revenue and adjusted operating profit in the first half were our highest ever for a half. Business inquiries continued to be strong globally as revenue grew 6% when excluding FX. Operating profit increased 15% when excluding FX. Positive impact from our earnings improvement measures continued to exceed the negative impact of inflation as we saw progress as planned toward achieving the annual guidance. In addition, the

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