Nov 01, 2019 / 04:30AM GMT
Presentation
Nov 01, 2019 / 04:30AM GMT
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Corporate Participants
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* Shinji Shimomura
Sumitomo Heavy Industries, Ltd. - President, CEO & Representative Director
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Shinji Shimomura - Sumitomo Heavy Industries, Ltd. - President, CEO & Representative Director
Good afternoon. I'm Shimomura, President of Sumitomo Heavy Industries. Let me start with financial summary for the second quarter FY 2019. This slide shows financial summary. As for orders, especially in mass-produced products in cyclical market, difficult condition has been continuing. Compared to the previous year, partly due to the time lag of large projects in Environmental Facilities segment, orders decreased year-on-year. Sales increased slightly, partly due to the unfulfilled orders of the previous year. And although I'll elaborate more in detail later, it was also contributed by full year consolidation of Lafert in Machinery Components segment as well. As a result, orders were JPY 418.6 billion, and net sales were JPY 424.7
Q2 2020 Sumitomo Heavy Industries Ltd Earnings Presentation Transcript
Nov 01, 2019
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