May 15, 2019 / 08:00AM GMT
Presentation
May 15, 2019 / 08:00AM 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, Acting Chairman, Acting CEO & Representative Director
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Takanobu Oshima - Japan Display Inc. - Managing Executive Officer & CFO
My name is Oshima. I would like to present the Q4 and full year financial results. Please refer Page 2 of your handout. Page 2 lists the topics for Q4, and Page 3, the results for the full year.
First, topics for Q4. So demand for smartphone displays did not recover against the previous quarter. In addition, there were seasonal factors, which led to net sales going down by 32%. Decrease in net sales, unfavorable product mix, which means the product mix in each category and the lower fab-utilization rate and greater inventory write-down all contributed to the gross profit decline. Also, higher R&D expenses for the launch of OLED mass
Full Year 2019 Japan Display Inc Earnings Presentation Transcript
Feb 14, 2024
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