Jul 26, 2019 / 01:00AM GMT
Presentation
Jul 26, 2019 / 01:00AM GMT
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Corporate Participants
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* Junichi Arai
Fuji Electric Co., Ltd. - Managing Exec. Officer, GM of Corp Mgmt Planning HQ & Export Admin Office and Director
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Junichi Arai - Fuji Electric Co., Ltd. - Managing Exec. Officer, GM of Corp Mgmt Planning HQ & Export Admin Office and Director
Good morning. I will explain about consolidated financial results for the first quarter of fiscal year 2019.
The first quarter of fiscal year 2018 ended with great results with quite favorable market environment. However, in the second half of fiscal year 2018, market started to be stagnant, and we regrettably recognized a decreased sales and income in this first quarter and review as expected.
Net sales were JPY 176 billion, down JPY 19.8 billion year-on-year. This is a decrease of JPY 18.5 billion in real terms considering the loss on translation of earnings of overseas subsidiaries of JPY 1.3 billion.
Operating income was JPY 3.6 billion
Q1 2020 Fuji Electric Co Ltd Earnings Presentation Transcript
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