Aug 05, 2020 / 01:00AM GMT
Presentation
Aug 05, 2020 / 01:00AM GMT
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Corporate Participants
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* Satoshi Yamahata
Yamaha Corporation - Managing Executive Officer, Executive GM of Corp. Mgt., HR & Gen. Administration Unit and Director
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Satoshi Yamahata - Yamaha Corporation - Managing Executive Officer, Executive GM of Corp. Mgt., HR & Gen. Administration Unit and Director
Thank you very much for participating in Yamaha's briefing for the FY March 2021 first quarter results. I'd like to start the presentation. Please refer to Page 1 of the presentation.
First, regarding the results of the first quarter of FY March 2021, due to the COVID-19 pandemic that led to the decline in sales and the factory shutdown, both the revenue and profit declined sharply year-on-year. We recorded a net loss due to a JPY 2.5 billion loss resulting from the suspension of operations, which is booked as other expenses or extraordinary loss in Japanese GAAP.
As for the full year forecast, the market conditions are expected
Q1 2021 Yamaha Corp Earnings Presentation Transcript
Aug 05, 2020
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