Tosei Corp (TSE:8923)
円 2375 40 (1.71%) Market Cap: 115.00 Bil Enterprise Value: 219.10 Bil PE Ratio: 9.15 PB Ratio: 1.34 GF Score: 79/100

Q2 2020 Tosei Corp Earnings Call Transcript

Jul 06, 2020 / NTS GMT
Release Date Price: 円1158 (+4.32%)
Noboru Hirano
Tosei Corporation - CFO, Sr. Executive Officer of Administrative Division, In Charge of Human Resource Dept. & Director

Good afternoon. This is Hirano speaking, Director and CFO of Tosei Corporation. I would like to explain the financial results for the first 6 months of this fiscal year, ending November, 2020.

Please open Page 4 of your handouts. Here are the highlights of the cumulative results in the first 6 months. As shown on the top, we booked revenue of JPY 45 billion, up 30.8% year-on-year, which was a very strong performance.

This presentation is slightly different from the past, and let me give you an example using the operating profit on the top right. Next to the figures of the previous fiscal year and the year before, you can see the white bar in the middle, which is the initial operating profit forecast of JPY 13.7 billion set at the beginning of the fiscal year. The bar next to that is the actual OP in the first 6 months of this fiscal year, which was JPY 9.8 billion.

We booked a large valuation loss of inventories at the end of the first 6 months

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot