Nippon Paint Holdings Co., Ltd. (NPPHY) Q3 2025 Earnings Call Transcript

Operator

Thanks very a lot for ready. We’d now like to start out Nippon Paint Holdings convention name on FY 2025 Q3 monetary outcomes. We’ve got some housekeeping bulletins earlier than we begin. [Operator Instructions] This convention name has Japanese-English simultaneous interpretation.

Wakatsuki-san, Tanaka-san, over to you.

Yuichiro Wakatsuki
Consultant Govt Officer, Co-President & Director

Thanks very a lot. Good afternoon, girls and gents. I’m Wakatsuki, Co-President of Nippon Paint Holdings. Thanks very a lot for taking the time to hitch us at this time regardless of your busy schedules. I’d now like to elucidate the define of our FY 2025 Q3 monetary outcomes.

First, please flip to Web page 2. Let me briefly clarify the modifications we have made to our disclosure beginning this quarter. Relating to the background, as you realize, I’ve held quite a few conferences with buyers and obtained varied suggestions straight and not directly. And plenty of buyers, particularly abroad institutional buyers evaluating us to friends, mentioned that whereas many abroad issuers publish adjusted figures, excluding varied adjustment objects for comparability, Nippon Paint’s detailed disclosures are good, however usually troublesome to know at a look. Some suggestions additionally famous that the sheer quantity of figures made it troublesome to convey even very sturdy earnings outcomes at first look.

In response to those feedback and with the first