Q3 2020 Teijin Ltd Earnings Presentation Transcript

Feb 05, 2020 / 04:30AM GMT

Release Date Price: $17.15

Transcript

Yoshihisa Sonobe

Teijin Limited - CFO, Senior Executive Officer & Director

I am Sonobe. I will explain the financial results of the third quarter of FY 2019 and the full year outlook for FY 2019.

Let me briefly explain the key points for the third quarter results. Regarding the business performance for the 9 months of fiscal year 2019, operating income was JPY 48.2 billion, which is on par with the result of the previous fiscal year of JPY 48.1 billion. In FY 2019, aramid fibers, Healthcare in Japan and IT business remained strong, and recovery of profitability of CSP, Continental Structural Plastics, in automotive composites business contributed to the results as well.

While there were such positive factors, negative impact was felt in the sluggish market for polycarbonate resins and significant decline of overseas sales

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