May 17, 2021 / NTS GMT
Takashi Goto - Seibu Holdings Inc. - President, CEO & Representative Director
This is Takashi Goto, President of Seibu Holdings. I will first give you an overview of today's presentation. Since last year, COVID-19 has had a devastating effect with a significant impact on economic activities. The Seibu Group is facing an extremely dire business environment due to the decline in demand from less people going out as well as other factors. In the year ended March 2021, we booked a net loss of JPY 72.3 billion, the largest since the establishment of Seibu Holdings.
In fiscal year 2020, we concentrated our efforts on overcoming this crisis. While maintaining the highest level of considerations on the safety and security of our operations, we have been implementing various measures with speed, such as cutting director compensation, which has continued to this day since last April; no annual stock compensation incentives for 2 consecutive years; cuts in employee bonuses; curbing nonurgent and nonessential investments and expenses, all with the aim of minimizing the negative effect of the pandemic on our
Full Year 2021 Seibu Holdings Inc Earnings Call Transcript
Mar 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