Q3 2022 Fuji Electric Co Ltd Earnings Presentation Transcript

Jan 27, 2022 / NTS GMT

Release Date Price: $12.26 (-0.57%)

Transcript

Junichi Arai

Fuji Electric Co., Ltd. - Senior 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. I will explain consolidated financial results for the third quarter and full year forecast for the fiscal year 2021.

Results for the 9 months were good, partly due to market recovery. In particular, components performed well and 9 months income reached record high. Page 2 shows year-on-year comparison of consolidated financial results for the 9 months. Net sales were JPY 620 billion, up JPY 58.7 billion. Excluding JPY 14 billion of gain on translation and earnings, net sales increased JPY 44.7 billion in real terms as demand increased,

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