Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N
3402.T - Toray Industries Inc
Q1 2020 Toray Industries Inc Earnings Call
Aug 09, 2019 / 06:00AM GMT
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Presentation
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Unidentified Company Representative, [1]
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I am [Casella]. Thank you very much for joining the teleconference 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 Toray's business results for the first quarter ended June 30, 2019, and the business forecast for the fiscal year ending March 2020. Please turn to Page 3. Here is the summary of business results for the first quarter ended June 30, 2019. Net sales of the first quarter declined 1.2% compared with the same period a year earlier to JPY 544.2 billion. Operating income increased 1.9% to JPY 34.5