Fuji Electric Co Ltd (OTCPK:FELTY)
$ 22.66 +0.37 (+1.66%) Market Cap: 13.23 Bil Enterprise Value: 13.59 Bil PE Ratio: 21.08 PB Ratio: 2.73 GF Score: 80/100

Q1 2024 Fuji Electric Co Ltd Earnings Presentation Transcript

Jul 27, 2023 / NTS GMT
Release Date Price: $10.93 (-0.55%)
Junichi Arai
Fuji Electric Co., Ltd. - Sr Managing Exec. Off, GM of Corp Mgmt Planning HQ, Export Admin Off & Compliance and Director

Good afternoon, everyone. I am Junichi Arai, Corporate General Manager, Corporate Management Planning Headquarters. First of all, I will explain consolidated financial results for the first quarter for the fiscal year 2023 in year-on-year comparison.

Page 4, please. There was a slight impact of exchange rate. In real terms, both sales and profit increased significantly in the first quarter. We achieved new record highs for the first quarter for net sales, operating profit, ordinary profit and profit attributable to owners of parent. Net sales were JPY 234.1 billion. up JPY 30.2 billion. Excluding gain on translation of earnings of overseas subsidiaries

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