TRUMF - Terumo Corporation (TRUMY) Q4 2024 Earnings Call Transcript
2024-05-16 13:41:05 ET
Terumo Corporation (TRUMY)
Q4 2024 Results Conference Call
May 14, 2024 4:30 AM ET
Company Participants
Jin Hagimoto - CFO
Hikaru Samejima - President, CEO & Director
Presentation
Jin Hagimoto
I'm Hagimoto, Terumo's CFO. I would like to present an overview of the year-end financial results for the fiscal year ending March 31, 2024. These are the highlights of this year's financial statement in FY '23, sales revenue, operating income and net income all reached record highs. Revenue growth was plus 7%, excluding exchange rate effects, driven by growth in the U.S. and Europe.
Operating income growth outpaced sales growth increasing by plus 14% when excluding exchange rate effects. Net income surpassed JPY 100 billion for the first time to reach JPY 106.4 billion. For FY '24, we expect continued growth globally with revenue growth of 7%, excluding exchange rate effects. Operating income is expected to increase by plus 16%, excluding exchange rate effects due to the expansion of highly profitable businesses....
Terumo Corporation (TRUMY) Q4 2024 Earnings Call Transcript