May 19, 2020 / NTS GMT
Presentation
May 19, 2020 / NTS GMT
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Corporate Participants
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* Koji Ikeya
Mitsubishi Motors Corporation - Representative Executive Officer & CFO
* Takao Kato
Mitsubishi Motors Corporation - Representative Executive Officer, CEO & Director
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Unidentified Company Representative -
Good evening. We would like to thank you for you joining our fiscal 2019 results meeting. In FY '19, the business environment surrounding us was extremely challenging amid a continued decline in global automobile demand. ASEAN, our core market which had been relatively firm, also weakened due to the economic slowdown in China. In addition, the spread of COVID-19, which became evident in early 2020, has had a significant impact on the global economy. Against this backdrop, we work to implement a variety of measures, such as reducing fixed cost and optimizing inventory in order to ensure steady progress toward our next midterm plan. However, the deterioration in the earnings environment was greater than
Full Year 2020 Mitsubishi Motors Corp Earnings Presentation Transcript
May 19, 2020
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