Q2 2020 Nissan Chemical Corp Earnings Presentation Transcript

Nov 08, 2019 / 07:00AM GMT
Presentation
Nov 08, 2019 / 07:00AM 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

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

Now I will present the results. Please turn to Page 5 for the first half results. Operating profit in the first half decreased from JPY 19.4 billion in the same period of the previous year to JPY 18 billion, down by JPY 1.4 billion. Compared to the outlook announced in May, it was up by JPY 0.2 billion from JPY 17.8 billion outlook. Net income was down from JPY 15.4 billion in the previous year to JPY 14.5 billion, down by JPY 0.9 billion. However, compared to the outlook of JPY 13.7 billion in May due to extraordinary income and loss of JPY 0.9 billion, it went up by JPY 0.8 billion. As for the extraordinary income

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