Feb 10, 2021 / NTS GMT
Presentation
Feb 10, 2021 / NTS GMT
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Corporate Participants
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* Akihiro Teramachi
THK Co., Ltd. - CEO, President & Director
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Akihiro Teramachi - THK Co., Ltd. - CEO, President & Director
I am Akihiro Teramachi, President and CEO of THK. I would like to take this opportunity to express my appreciation for your enduring support.
Although the number of new COVID-19 cases are starting to decline, we are still under the state of emergency. And I thank you for your understanding on holding a conference call instead of a face-to-face results meeting, which was the preferred way to directly communicate our business performance.
The content page covers the agenda that I would like to discuss today. Let me start on Page 3, to first share with you the overview of the results for the fiscal year ending in December 2020. Consolidated net sales was down by 20.2% year-on-year to JPY 218.9 billion. The global spread of COVID-19 forced the automakers to suspend their plant operation,
Full Year 2020 THK Co Ltd Earnings Presentation Transcript
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