Q3 2021 Fuji Electric Co Ltd Earnings Presentation Transcript

Jan 28, 2021 / NTS GMT
Presentation
Jan 28, 2021 / NTS GMT

=====================
Corporate Participants
=====================
* Junichi Arai
Fuji Electric Co., Ltd. - Managing Exec. Officer, GM of Corp Mgmt Planning HQ & Export Admin Office and Director

=====================
Junichi Arai - Fuji Electric Co., Ltd. - Managing Exec. Officer, GM of Corp Mgmt Planning HQ & Export Admin Office and Director

Good afternoon, everyone. I am Junichi Arai, Corporate General Manager, Corporate Management Planning Headquarters. I will explain consolidated financial results for the third quarter of fiscal year 2020.

As the impact of year-on-year decrease of results for the first half was significant, sales and income were down year-on-year, also for the 9 months. Operating income increased year-on-year in the 3 months of the third quarter, for defects of IGBT, we booked JPY 16.7 billion of cost of collective measures in the third quarter. As the cost is extraordinary, onetime and huge, we discussed with our auditing firm and booked the amount in extraordinary loss.

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