Q2 2021 Fuji Electric Co Ltd Earnings Presentation Transcript

Oct 29, 2020 / NTS GMT

Release Date Price: $7.85

Transcript

Junichi Arai

Fuji Electric Co., Ltd. - Managing Exec. Officer, GM of Corp Mgmt Planning HQ & Export Admin Office and Director

Good afternoon, everyone. I am Junichi Arai, Corporate General Manager, Corporate Management Planning Headquarters. The fiscal year 2020 started in April in a tough market environment due to COVID-19. In particular, Food and Beverage Distribution, including vending machine and store distribution and ED&C components were impacted significantly.

On the other hand, semiconductors performed very well due to EVs. We also reduced expenses actively in the first half.

Now I will explain financial results for the first half of the fiscal year 2020.

This page shows year-on-year comparison. Net sales decreased JPY 49.7 billion to JPY 357 billion.

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