Tokyo Electron Limited (TOELF) Q3 2023 Earnings Call Transcript

Tokyo Electron Limited (OTCPK:TOELF) Q3 2023 Earnings Conference Call February 9, 2023 3:30 AM ET

Company Participants

Koichi Yatsuda – Vice President of Investor Relations

Hiroshi Kawamoto – Vice President & General Manager, Finance Unit

Toshiki Kawai – Representative Director, President & Chief Executive Officer

Conference Call Participants

Shuhei Nakamura – Goldman Sachs

Yu Yoshida – CLSA Securities

Mikio Hirakawa – BofA Securities Japan

Tetsuya Wadaki – Mitsubishi UFJ Morgan Stanley Securities

Takashi Shimamoto – Okasan Securities

Masahiko Ishino – Tokai Tokyo Research Institute

Masahiro Nakanomyo – Jefferies (Japan)

Kenji Yasui – UBS Securities Japan

Masahiro Shibano – Citigroup Global Markets Japan

Koichi Yatsuda

Now it’s time for us to start Tokyo Electron Financial Announcement for the Third Quarter of Fiscal Year Ended on March 31, 2023. Thank you very much for joining us today despite your busy schedule. I am Yatsuda of IR department acting as a moderator for today’s session.

Now I’d like to introduce today’s attendees Mr. Toshiki Kawai, Representative Director, President and CEO; next, Mr. Hiroshi Kawamoto, Vice President and General Manager, Global Business Platform Division Finance Unit.

Hiroshi Kawamoto

I am Kawamoto. Nice to meet you.

Koichi Yatsuda

Prior to the presentation, let me explain the flow of today’s conference. First of all, Mr. Kawamoto and Mr. Kawai will make presentation. After that, until 6:30 Japan Time, where we’ll have a question-and-answer session where we take questions from the audience. This meeting will use two channels on Webex for the simultaneous interpretation to Japanese and English. As we explained in our e-mail, you are kindly requested to use apps on PCs or mobile terminals, if you plan to ask questions. But if you are not going to ask questions, you can use telephone.

In addition, since this conference is intended for the institutional investors and analysts, we