Full Year 2019 Nissan Chemical Corp Earnings Presentation Transcript

May 15, 2019 / 06:15AM GMT
Presentation
May 15, 2019 / 06:15AM GMT

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Corporate Participants
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* Junichi Miyazaki
Nissan Chemical Corporation - CFO, Head of Finance & Accounting Dept., Senior EVP - Corporate Strategy & Coordination and Director
* Kojiro Kinoshita
Nissan Chemical Corporation - President, CEO & Representative Director

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Junichi Miyazaki - Nissan Chemical Corporation - CFO, Head of Finance & Accounting Dept., Senior EVP - Corporate Strategy & Coordination and Director

I will explain financial results for FY '18 and outlook for FY '19. As Page 3 and 4 show, in the second half, operating profit remained unchanged from the previous year. And compared with the outlook, it was below by JPY 1 billion. Biggest factor was substantially underperforming the fourth quarter. From Page 15 to 18, quarterly sales and operating profit are shown for your reference.

Page 5 (sic) [Page 3] shows results in FY '18. For full year, sales were JPY 204.9 billion. Operating profit is JPY

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