Full Year 2019 Toray Industries Inc Earnings Presentation Transcript

May 14, 2019 / NTS GMT
Presentation
May 14, 2019 / NTS GMT

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Corporate Participants
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* Akihiro Nikkaku
Toray Industries, Inc. - CEO, President, COO & Representative Director

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Akihiro Nikkaku - Toray Industries, Inc. - CEO, President, COO & Representative Director

Thank you very much for coming here today despite your busy schedule. On behalf of Toray Group, I would like to take this opportunity to extend my gratitude towards your continued understanding and your interest in our management and business activities.

Now I would like to report our business results for the fiscal year ended March 2019 and the business forecast for the fiscal year ending March 2020.

Please look at Page 1. These are the topics that I will cover today. I would like to begin with a brief summary of business results for the fiscal year ended March 2019. Net sales for the fiscal year ended March 2019 increased 8.3% to JPY 2,388.8 billion compared with the previous fiscal year while operating income declined 9.6% to JPY

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