Aug 02, 2019 / NTS GMT
Presentation
Aug 02, 2019 / NTS GMT
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Corporate Participants
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* Nobuhiro Yabe
Marubeni Corporation - Senior Managing Executive Officer, CFO, COO of IR & Credit Ratings and Director
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Nobuhiro Yabe - Marubeni Corporation - Senior Managing Executive Officer, CFO, COO of IR & Credit Ratings and Director
[Interpreted] Now I will begin my presentation on the financial results for the first quarter of fiscal year ending in March 2020.
First, net profit declined JPY 21.7 billion or 25% year-on-year to JPY 65.2 billion. Adjusted net profit, which is net profit minus onetime factors declined JPY 6 billion or 8% year-on-year to JPY 70 billion. The JPY 6 billion decrease in adjusted net profit is broken down to minus JPY 11 billion of non-resources and plus JPY 4 billion of resources. I will give segment breakdown and a variance later in my presentation.
On the other hand, the JPY 16 billion deterioration in onetime factors is attributable to the absence of gain from sale of
Q1 2020 Marubeni Corp Earnings Presentation Transcript
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