Q1 2022 TDK Corp Earnings Presentation Transcript

Jul 28, 2021 / 08:30AM GMT
Presentation
Jul 28, 2021 / 08:30AM GMT

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Corporate Participants
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* Tetsuji Yamanishi
TDK Corporation - EVP, Global Chief Compliance Officer, GM of Finance & Accounting HQ and Representative Director

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Tetsuji Yamanishi - TDK Corporation - EVP, Global Chief Compliance Officer, GM of Finance & Accounting HQ and Representative Director

I'm Yamanishi. Thank you very much for joining us today with our performance briefing on the Q1 of FY March 2022. We really appreciate that all of you that joined today, and I am going to present about the consolidated business performance.

I'll start with the key points. In Q1 last year, due to that -- the expansion of the infections and the COVID-19 pandemic, each country had a lockdown and that would slow down to the global economy and leading to the major impacts on the business too. But after the Q2 last year, that the social and production activity in each country have gradually opened.

And now we observed that the recovery of the

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