Full Year 2019 SanBio Co Ltd Earnings Presentation Transcript

Mar 18, 2020 / NTS GMT
Presentation
Mar 18, 2020 / NTS GMT

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Corporate Participants
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* Keita Mori
SanBio Company Limited - Co-Founder, President, Executive Officer & Representative Director

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Keita Mori - SanBio Company Limited - Co-Founder, President, Executive Officer & Representative Director

Hello, everyone. Thank you very much for attending this meeting today. You know that throughout the world, there is the coronavirus serious issue going around. And again, appreciate your taking time to come to this meeting. This is Keita Mori, CEO of SanBio, and I look forward to providing updates today.

So first of all, I'd like to start off with the financial results. The first section, Page 3, I'd like to start off with the income statement. The main thing here is that the R&D cost will be moving to next year due to the postponement of an anticipated filing. If you look at the R&D cost, the forecast was JPY 5.1 billion, and the actual is JPY 4.3 billion. There is a decrease of about JPY 800 million.

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