Sanden Corporation has published the transcript of its third quarter financial results call for the fiscal year ending December 2025. The event, attended by company management, provided an overview of the company's performance and strategic initiatives. During the call, management reported a year-on-year revenue increase of ¥700 million (+0.5%), despite a negative foreign exchange impact of ¥1.9 billion. Key growth drivers included higher EV product deliveries in China, supported by government subsidies, and increased sales to local OEMs in India. The Americas also saw growth due to higher deliveries of EV and AFM components. Operating profit rose by ¥2.0 billion compared to the previous year, aided by productivity improvements in China and the Americas, as well as reductions in quality-related costs in Japan and the Americas. Ordinary profit saw a slight increase of ¥30 million. Management highlighted ongoing structural reforms, stating, "We carried out structural reforms across all group companies, including a voluntary retirement program, to strengthen our corporate structure." They also addressed external challenges, noting, "We organized a special task force to address U.S. tariff policies and implemented measures such as changing supply routes and negotiating price pass-through with customers." The full transcript can be accessed through the link below.
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