Q3 2020 Idemitsu Kosan Co Ltd Earnings Presentation Transcript

Feb 14, 2020 / 09:00AM GMT
Presentation
Feb 14, 2020 / 09:00AM GMT

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Corporate Participants
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* Toshiaki Sagishima
Idemitsu Kosan Co.,Ltd. - Managing Executive Officer of Accounting & Finance

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Toshiaki Sagishima - Idemitsu Kosan Co.,Ltd. - Managing Executive Officer of Accounting & Finance

My name is Sagishima of Idemitsu Kosan. I would like to provide an overview of our financial results for the third quarter of fiscal year 2019, which were announced today.

Please turn to Page 4. I would like to highlight 2 key topics in the third quarter.

The first is the operating status of Nghi Son Refinery in Vietnam. All operations were suspended for the testing and repair of initial defects since late October of last year. Such construction work was completed in mid-December. The refinery is currently operating at full capacity. The second concerns our ESG initiatives. We believe that responding to climate change to achieve harmony with the environment and society is equivalent to our business strategy.

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