Second Quarter Earnings Presentation (Tokyo/Otemachi First Square Conference)

2017.11.16

20171116

At the Otemachi First Square Conference, we held a briefing session for Second Quarter fiscal year ending March 2018, and about 50 people attended on that day.
Our Senior Managing Director Chief Financial & Administrative Officer After we will explanation than Kaoru Koyano for the "2017 first half of fiscal track record", "fiscal 2017 full-year revised plan", allowed to describe "our commitment" from our Chairman, President and CEO of Kubo MakotoHomare I got it.

 

 

 

 

 

Second Quarter Earnings Presentation Meeting Main Q&A

I would like to ask you about the revised plan for the second half. The revised plan has increased sales by approximately 9 billion yen from the initial plan. Excluding the net sales of Forest, we think it will increase by about 3 billion yen. Please tell us about the assembly.
The second half of the previous fiscal year was a period when sales were tough at 97% of the previous year due to the reaction to the last-minute demand for mobile phones due to the change in government guidelines two years ago. In the second half of this term, we made a plan considering that the effects of mobile phones have already passed. Excluding Forest sales from the revised plan, the second half was 105% compared to the previous year. We are strengthening Eco-living & solar power products as a pillar of growth, and plan to increase double-digit sales. Approximately eight years have passed since the special demand for TVs last year, and we are gradually seeing replacement demand. The composition ratio of 4K compatible TVs, especially OLED TVs, is rising, and attention is being paid to Android TVs, so we are looking forward to the TV during the year-end shopping season. We also want to focus on selling high-value-added models centered on products that save electricity, water, and save white goods that meet customer needs.