Q3 2021 TechnoPro Holdings Inc Earnings Presentation Transcript

Apr 28, 2021 / NTS GMT

Release Date Price: $26.27 (+0.65%)

Transcript

Toshihiro Hagiwara

TechnoPro Holdings, Inc. - CFO, Managing Executive Officer & Director

Hello. I'm Hagiwara, CFO of TechnoPro Holdings. Thank you for your time today. In Japan, the spread of the new coronavirus infection is still not subsiding yet, and a state of emergency has been declared for the third time. Compared to the first declaration in April last year, we are not experiencing major disruptions in our operations at this time. But there will probably be some cases where the date of assignment, which we fixed in the contract, will be delayed.

During the second declaration from January to March this year, we negotiated with clients for the contract renewals in March, and we were able to achieve a renewal rate of 90.4%, which is a bit higher than normal. Since our first priority was to get those contracts renewed, we

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