Sumco Corporation (SUMCF) Q2 2023 Earnings Call Transcript

Sumco Corporation (OTCPK:SUMCF) Q2 2023 Earnings Conference Call August 8, 2023 2:00 AM ET

Company Participants

Takayuki Komori – General Manager of Public Relations and Investor Relations Department

Mayuki Hashimoto – Chief Executive Officer and Chairman

Michiharu Takii – Chief Financial Officer and Vice Chairman

Conference Call Participants

Takashi Enomoto – BofA Securities

Atsushi Ikeda – Goldman Sachs

Yuta Nishiyama – Citi Group

Shigeki Okazaki – Nomura Securities

Yu Yoshida – CLSA Securities

Go Miyamoto – SMBC Nikko

Mikiya Yamada – Mizuho Securities

Takayuki Komori

Thank you for your participation today. This is the results briefing for Q2 of the Fiscal Year Ending December 2023.

Before starting the presentation, allow me to confirm today’s materials, which consists of three items: The brief statement on consolidated financial results for Q2 fiscal 2023; the announcement regarding interim dividend and the presentation deck entitled Results for Second Quarter of Fiscal Year 2023. This will be a roughly one-hour briefing, which will end at 5:00 p.m.

Next, a disclaimer. The estimates, expectations, forecasts and other future information discussed here and shown in today’s materials were prepared based on the information available to the company as of today, and on certain assumptions and qualifications, including our subjective judgment. Actual financial performance or results may differ substantially from the future information contained in this material due to risk factors, including domestic and global economic conditions, trends in the semiconductor market and foreign exchange rates.

We will have presentations today from Representative Director, Chairman and CEO, Mayuki Hashimoto; and Vice President, CFO, Michiharu Takii. Hiroshi Itoh, Executive Officer and General Manager of Accounting is also on hand.

Chairman and CEO, Hashimoto, will discuss our forecast and operating environment to be followed by an explanation of the financial results by CFO, Takii. We have set aside time for a Q&A session as

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