Q3 2020 JXTG Holdings Inc Earnings Presentation Transcript

Feb 13, 2020 / 07:00AM GMT
Presentation
Feb 13, 2020 / 07:00AM GMT

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Corporate Participants
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* Yoshiaki Ouchi
JXTG Holdings, Inc. - SVP of Internal Control Dept., Controller Dept., Finance & IR Dept and Director

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Yoshiaki Ouchi - JXTG Holdings, Inc. - SVP of Internal Control Dept., Controller Dept., Finance & IR Dept and Director

Good afternoon, ladies and gentlemen, this is Ouchi. I would like to take this opportunity to thank shareholders and investors for their support and advice for the business activities of the JXTG Group. Let me begin my presentation. Slide 2, please.

This is a summary of the financial results. For the third quarter of fiscal year 2019, operating income, excluding the impact of inventory valuation, was JPY 272.2 billion, down JPY 167.8 billion year-on-year. Operating income for the October-December period was JPY 102 billion, an increase of JPY 3.1 billion year-on-year. The gap we had at the end of the first half remained almost unchanged as of the end of the third quarter. The

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