Nov 01, 2019 / 06:00AM GMT
Presentation
Nov 01, 2019 / 06:00AM GMT
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Corporate Participants
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* Yoshihisa Sonobe
Teijin Limited - CFO, Senior Executive Officer & Director
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Yoshihisa Sonobe - Teijin Limited - CFO, Senior Executive Officer & Director
This is Yoshihisa Sonobe. I would like to review the financial results for fiscal 2019 second quarter and the outlook for fiscal 2019 using the slides.
First, the overall key point. As for business performance for fiscal 2019 first half or the second quarter, operating income decreased by JPY 2.4 billion year-on-year. This was because the market conditions for polycarbonate resins that were very strong during the first half of the previous year turned very sluggish this year and because the mainstay pharmaceuticals febuxostat felt the impact of generic products in Europe and U.S.
Meanwhile, compared to the previous forecast of JPY 32 billion announced in August, the operating income of JPY 33.8 billion was JPY 1.8 billion higher.
This was
Q2 2020 Teijin Ltd Earnings Presentation Transcript
Nov 01, 2019
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