Q2 2020 Fuji Electric Co Ltd Earnings Presentation Transcript

Nov 01, 2019 / 01:00AM GMT
Presentation
Nov 01, 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
* Michihiro Kitazawa
Fuji Electric Co., Ltd. - President & Chairman of the Board

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Michihiro Kitazawa - Fuji Electric Co., Ltd. - President & Chairman of the Board

Good morning, ladies and gentlemen. I am Michihiro Kitazawa, President. Thank you very much for coming to our results briefing despite your busy schedule. I truly appreciate it.

As you already know, we announced results for the first half, a sense of disappointment hovers around the numbers. It was primarily due to components. Results in power semiconductors, ED&C components and FA components, mainly including inverters, dropped sharply. Results of planned system-related businesses partially offsets the drop, but not fully. These are all the results.

When I look at trends in the first half,

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