Q1 2025 Fuji Electric Co Ltd Earnings Presentation Transcript

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Jul 25, 2024

Jul 25, 2024 / NTS GMT
Presentation
Jul 25, 2024 / NTS GMT

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Corporate Participants
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* Junichi Arai
Fuji Electric Co Ltd - Corporate General Manager, Corporate Management Planning Headquarters General Manager, Export Administration Office In charge of compliance management

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Junichi Arai - Fuji Electric Co Ltd - Corporate General Manager, Corporate Management Planning Headquarters General Manager, Export Administration Office In charge of compliance management

Good afternoon. This is Junichi Arai, in charge of Corporate Management Planning Headquarters. I would like to present the consolidated financial results for the first quarter of FY 2024 in comparison to the previous year. Net sales increased by JPY2.2 billion year on year to JPY236.4 billion. Excluding gain on translation of earnings of overseas subsidiaries of JPY5.5 billion, net sales were down JPY3.3 billion. Operating profit increased by JPY2.6 billion to JPY17.3 billion. And operating profit ratio was up 1% year on year to 7.3%.

As for nonoperating

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