Q1 2020 Santen Pharmaceutical Co Ltd Earnings Call Transcript

Aug 01, 2019 / 07:00AM GMT
Shigeo Taniuchi - Santen Pharmaceutical Co., Ltd. - President, COO, Head of North America Business & Representative Director

[Interpreted] Hello. My name is Taniuchi, President and Chief Operating Officer. I would like to explain the highlights of Q1 fiscal year 2019 results.

On Page 2 and 3, we have the mission statement and also the policies of the midterm plan. 2019 is the second year of MTP2020. As you know, in our company, we have Vision 2020, which is a 10-year long-term plan which began in 2011, and MTP2020 is the last 3 years of Vision 2020. And 2019 is the second year of MTP2020. We have been involved in various reforms and also growth based upon new products. And in the first quarter of this year, we have been able to focus on these aspects as well to incur growth.

On Page 4 is the highlights. We have made a strong start toward achievement of fiscal year 2019 full year forecast, and we are very happy about that. Revenue, JPY 59.1 billion, which was an increase of JPY 2.7 billion and 4.7% growth. And core operating profit was JPY 12.8 billion, which was a 9.6% growth. So we

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