Q1 2019 Kuraray Co Ltd Earnings Presentation Transcript

May 15, 2019 / NTS GMT
Presentation
May 15, 2019 / NTS GMT

=====================
Corporate Participants
=====================
* Keiji Taga
Kuraray Co., Ltd. - Managing Executive Officer & Director

=====================
Keiji Taga - Kuraray Co., Ltd. - Managing Executive Officer & Director

This is Taga. Thank you very much for joining our conference call today at the expense of your very busy schedule. As I said in the previous earnings presentation from this year, one by one, president of each company join us in the quarterly earnings presentations in this conference call. Here, we have Mr. Abe, who is the President of Isoprene Company.

Now we'd like to start the earnings presentation of Q1 FY 2019. Please turn to Page 2. This is the performance of Q1 FY '19. As the world economy is slowing down due to the decrease of automobile manufacturing and lower demand for electric and electronic devices, our sales declined as well. As in the slide, the net sales was down by 5% to be JPY 141.6 billion. The operating income declined by 34.5% to be JPY 14.6 billion. The

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot