May 14, 2019 / 06:00AM GMT
Presentation
May 14, 2019 / 06:00AM GMT
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Corporate Participants
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* Tatsuo Higuchi
Otsuka Holdings Co., Ltd. - President, CEO & Representative Director
* Yuko Makino
Otsuka Holdings Co., Ltd. - CFO & Director
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Yuko Makino - Otsuka Holdings Co., Ltd. - CFO & Director
I will now explain Otsuka Holdings consolidated results for the First Quarter FY 2019. Page 2, please. I will cover these 5 topics today.
Page 3, please. From this year, as an indicator of real earnings power from business, the term business profit is to be used in our financial statements. Along with that, impairment losses previously allocated in SG&A, as well as in R&D expenses, are now combined and reported as an independent item in the financial statements. Business profit is the operating profit minus impairment loss and other income and expenses.
Page 4, please. This is the summary of consolidated first quarter results in FY 2019. Strong growth of new products drove
Q1 2019 Otsuka Holdings Co Ltd Earnings Presentation Transcript
May 14, 2019
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