Q3 2021 Toray Industries Inc Earnings Presentation Transcript

Feb 09, 2021 / NTS GMT
Presentation
Feb 09, 2021 / NTS GMT

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Corporate Participants
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* Masahiko Okamoto
Toray Industries, Inc. - Corporate VP of Finance & Controllerâs Division and Director

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Masahiko Okamoto - Toray Industries, Inc. - Corporate VP of Finance & Controllerâs Division and Director

Thank you very much for joining us today despite your busy schedule. On behalf of Toray Group, I would like to take this opportunity to extend my gratitude towards your continued understanding and your interest in our management and business activities.

Now I would like to follow the table of content shown on Page 1. I would like to begin with a brief summary of business results for the third quarter ended December 31, 2020.

Please turn to Page 3. Consolidated revenue for the 9-month period declined 14% compared with the same period a year earlier to JPY 1,364.2 billion. Core operating income fell 35.7% to JPY 67 billion, and profit declined by 62.8% to JPY 27.9 billion. Meanwhile, core

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