Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N
6740.T - Japan Display Inc
Q1 2020 Japan Display Inc Earnings Presentation
Aug 09, 2019 / 08:00AM GMT
=====================
Presentation
--------------------------------------------------------------------------------
Unidentified Company Representative, [1]
--------------------------------------------------------------------------------
Thank you very much for your attendance. I'd like to explain the consolidated financial results for the first quarter of fiscal year 2019. Please refer to the presentation material.
Please turn to Page 2, which is a summary of the financial results for the first quarter. As you can see, due to continued severe competitive environment, customer inventory adjustments and reduced demand seen as a result of U.S.-China trade tensions, first quarter sales remained at JPY 90.4 billion. Net sales were down approximately JPY 10 billion year-on-year with large increases in operating losses coming to JPY 27.5 billion. In the first quarter of fiscal year 2018, production was at near full capacity in preparation
Trustpilot
