Q3 2019 Japan Display Inc Earnings Presentation Transcript

Feb 14, 2019 / NTS GMT
Presentation
Feb 14, 2019 / NTS GMT

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Corporate Participants
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* Takanobu Oshima
Japan Display Inc. - Managing Executive Officer & CFO
* Yoshiyuki Tsukizaki
Japan Display Inc. - President, COO & Representative Director

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Takanobu Oshima - Japan Display Inc. - Managing Executive Officer & CFO

CFO Oshima will report the consolidated financial results for the third quarter of fiscal year 2018.

Please turn to Page 3 of the presentation material. The highlights of the third quarter results can be summarized into 3 points. The first 2 points are on the third quarter results and the third point on the year-to-date results.

For the first 9 months of the fiscal year 2018, third quarter sales came to JPY 251.1 billion, up 126% due to decline in demand for FULL ACTIVE for smartphones, which exceeded our assumptions. Operating income was positive for the first time in 7 quarters due to less favorable sales mix and lower gross margin resulting from intensifying

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