Q2 2022 UT Group Co Ltd Earnings Presentation Transcript

Nov 08, 2021 / 04:00AM GMT
Presentation
Nov 08, 2021 / 04:00AM GMT

=====================
Corporate Participants
=====================
* Yoichi Wakayama
UT Group Co., Ltd. - President, CEO & Representative Director

=====================
Yoichi Wakayama - UT Group Co., Ltd. - President, CEO & Representative Director

Thanks for tuning in. I'm happy to walk you through our second quarter results.

Let's get straight to the conclusion. We have revised our full year forecast for this fiscal year. Here, the numbers for our initial forecast, we announced earlier. What's changed in the revised forecast is, first of all, net sales will go up. On the other hand, we have revised EBITDA and other profit figures downward. So I'm going to give you more details and explain how we have come to this revised forecast.

The first thing I want to note is that demand has strengthened significantly over the past several months. Just yesterday, one of the big auto companies in Japan gave a positive outlook for this year during its earnings briefing. So we've seen quite robust

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