Full Year 2020 Fuji Electric Co Ltd Earnings Presentation Transcript

May 29, 2020 / NTS GMT
Presentation
May 29, 2020 / NTS 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 afternoon, ladies and gentlemen. I am Michihiro Kitazawa, President. Thank you very much for attending results briefing of Fuji Electric despite your very busy schedule. I truly appreciate it.

I would also like to take this opportunity to thank you once again for your help in the last fiscal year, the fiscal year 2019. The fiscal year 2019 was a year we had never experienced before. The U.S.-China trade war started in early spring and the Chinese economy became stagnant. When we saw the situation subsided slightly, the COVID-19 outbreak occurred. I never even dreamt that the situation will be so serious.

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