Chugai Pharmaceutical Co Ltd (OTCPK:CHGCY)
$ 22.58 0.57 (2.59%) Market Cap: 74.31 Bil Enterprise Value: 69.03 Bil PE Ratio: 28.55 PB Ratio: 6.51 GF Score: 85/100
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Q1 2019 Chugai Pharmaceutical Co Ltd Earnings Call Transcript

Apr 24, 2019 / 09:00AM GMT
Release Date Price: $10.47 (+2.15%)
Toshiaki Itagaki
Chugai Pharmaceutical Co., Ltd. - EVP, CFO and GM - Finance Supervisory Division, Finance & Accounting Dept. & IT Supervisory Division

Good evening, ladies and gentlemen. I am Toshiaki Itagaki from Chugai Pharmaceutical. Thank you very much for joining us from late afternoon. With regard to the presentation material, I have made some changes to the way results are described and moved some of the slides, which used to be in the main text to the appendix, as well as added some new ones. So I will point to them as I go along. I hope you will stay with us till the end.

Please take a look at Page 2. This is a 1-page summary of the results intended to make the result easier to see.

In this first quarter, we saw increased revenues and operating profit with profit posting a double-digit growth. We achieved record high Q1 results in terms of revenues, operating profits and net income.

Furthermore, strong progress has been made against the full year forecast announced at the beginning of the fiscal year. With 33.5% of the full year forecast already posted in

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