Jul 30, 2019 / NTS GMT
Presentation
Jul 30, 2019 / NTS GMT
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Corporate Participants
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* Keita Kato
Sekisui Chemical Co., Ltd. - Senior Managing Executive Officer & Director
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Keita Kato - Sekisui Chemical Co., Ltd. - Senior Managing Executive Officer & Director
My name is Keita Kato, Senior Managing Executive Officer and Head of Business Strategy Department. Let me go over the first quarter results for fiscal '19.
On the first slide, you will find the currency rate used for the first quarter and the assumption for the second quarter. Next slide illustrates the first quarter results, for which we enjoyed growth both in sales and profit. The operating income reached JPY 10.8 billion, which is on track with the first half guidance.
On the other hand, ordinary income was almost flat from last year as the yen appreciated in excess of the company assumption causing foreign exchange losses. The net income declined due to valuation loss booked in compliance with the accounting rules. The loss was
Q1 2020 Sekisui Chemical Co Ltd Earnings Presentation Transcript
Jul 30, 2019
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