Q2 2020 Yamaha Corp Earnings Presentation Transcript

Nov 05, 2019 / 01:00AM GMT
Presentation
Nov 05, 2019 / 01:00AM GMT

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Corporate Participants
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* Takuya Nakata
Yamaha Corporation - President, Representative Executive Officer, Executive GM of Brand Development Unit & Director

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Takuya Nakata - Yamaha Corporation - President, Representative Executive Officer, Executive GM of Brand Development Unit & Director

Let me express my deep appreciation for your continuous support and understanding of our business. Thank you also for taking time out of your busy schedule to attend our financial results briefing.

Let me explain our financial performance for the second quarter of the fiscal year ending March 2020. Starting with the performance summary.

As shown on slide, second quarter revenue and profit rose year-on-year, thanks to the continued strength in the musical instruments business. First half revenue and profit declined due to the significant impact by year-on-year drop in the first quarter. The main reasons are the significant impact of exchange

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