Full Year 2019 Teijin Ltd Earnings Presentation Transcript

May 09, 2019 / 05:30AM GMT

Release Date Price: $17.15

Transcript

Yoshihisa Sonobe

Teijin Limited - Chief Officer of Corporate Strategy, Global Business Strategy, Executive Officer & Director

I'm Yoshihisa Sonobe, CFO. First I will talk about the fiscal 2018 financial results.

Please take a look at Page 3. I will give you the overview first. Net sales increased by 6.4% from a year before to JPY 888.6 billion with both materials and healthcare performing well. The operating income decreased by JPY 9.8 billion to JPY 60 billion, primarily due to increases in raw material and fuel prices and increased onetime expenses at CSP, or Continental Structural Plastics Holdings Corporation of U.S. in connection with significant amount of new

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