Nov 01, 2019 / 09:00AM GMT
Presentation
Nov 01, 2019 / 09:00AM GMT
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Corporate Participants
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* Shoei Yamana
Konica Minolta, Inc. - President, CEO, Representative Executive Officer & Director
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Shoei Yamana - Konica Minolta, Inc. - President, CEO, Representative Executive Officer & Director
As is indicated here, first half revenue is JPY 497.5 billion. It says, without the effect of foreign exchange, foreign exchange effect was negative 1%. If you exclude the foreign exchange effect from second quarter, it is plus 2%, although it's a small amount, the positive sales growth. But if you look at the operating profit for this reporting period was a big decline. I'd like to explain in detail about these results. If you compare with the former quarter, CRE of the sales restock we did not have in the second quarter. And of course, there is effect from the foreign exchange. But in addition to that, we had a delay in the cost reduction effort, so that the gross operating margin was about 1% reduction in this period. And
Q2 2020 Konica Minolta Inc Earnings Presentation Transcript
Feb 14, 2024
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