Full Year 2020 Sojitz Corp Earnings Presentation Transcript

May 01, 2020 / NTS GMT
Presentation
May 01, 2020 / NTS GMT

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Corporate Participants
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* Masayoshi Fujimoto
Sojitz Corporation - President, CEO & Representative Director
* Seiichi Tanaka
Sojitz Corporation - Executive VP, CFO & Representative Director

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Masayoshi Fujimoto - Sojitz Corporation - President, CEO & Representative Director

This is Masayoshi Fujimoto, CEO. Thank you very much for joining us for our earnings briefing. Today, we will discuss FY 2019 results and progress of the medium-term management plan after year 2 as well as the outlook for FY 2020.

In the year that ended March 31, 2020, the business environment remains challenging. Substantial economic slowdown was seen across the world after trade friction intensified between the United States and China, and market prices deteriorated. Against that backdrop, we worked hard to achieve our targets, and we're on track to deliver the revised forecast that we published after Q3, which was JPY 66 billion in profit for the year

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