Full Year 2019 Terumo Corp Earnings Presentation Transcript

May 09, 2019 / 07:30AM GMT
Presentation
May 09, 2019 / 07:30AM GMT

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Corporate Participants
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* Kazuaki Kitabatake
Terumo Corporation - Managing Executive Officer
* Shinjiro Sato
Terumo Corporation - President, CEO & Director

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Shinjiro Sato - Terumo Corporation - President, CEO & Director

Good afternoon. Thank you for your attendance today. Today, I will review the Ashitaka factory shipping delay and speak about our efforts to strengthen global operations. Next slide, please.

First, a look back at the Ashitaka factory shipping delay of last year. Next slide please.

Fortunately, we successfully normalized operations within the last fiscal year. After the most difficult period during the second quarter of last fiscal year, shipments quickly resumed during the third quarter. The pent-up demand that had spiked then subsided within the fourth quarter and operations were normalized by the end of last fiscal year.

Regarding the business impact. While we unfortunately caused

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