Aug 08, 2019 / NTS GMT
Presentation
Aug 08, 2019 / NTS GMT
=====================
Corporate Participants
=====================
* Akihiro Teramachi
THK Co., Ltd. - CEO, President & Director
=====================
Akihiro Teramachi - THK Co., Ltd. - CEO, President & Director
I am Akihiro Teramachi, President and CEO of THK. Today I'll cover the overview of the financial results for the first half of fiscal '19, our major measures and financial forecast for fiscal '19.
Let me first share with you the overview of the results for the first half of fiscal year ending in December 2019.
Consolidated net sales was down by 16.9% year-on-year to JPY 149.1 billion. One factor that I should mention about the sales decline is that there was a change in the U.S. GAAP rule that impacted our Automotive & Transportation business in North America. As we had to take out the sales that was previously generated with the buy/sell transactions of raw materials, this change impacted the sales negatively by JPY 2.8 billion. If we adjusted for this one-off item, the effective
Q2 2019 THK Co Ltd Earnings Presentation Transcript
Feb 15, 2024
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
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers