Sumitomo Heavy Industries Ltd (FRA:SSM1)
€ 20 0.6 (3.09%) Market Cap: 2.47 Bil Enterprise Value: 3.05 Bil PE Ratio: 17.32 PB Ratio: 0.59 GF Score: 72/100
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Q2 2021 Sumitomo Heavy Industries Ltd Earnings Call Transcript

Oct 30, 2020 / NTS GMT
Release Date Price: €18 (-2.70%)
Shinji Shimomura
Sumitomo Heavy Industries, Ltd. - President, CEO & Representative Director

I am Shimomura, the President. I will now provide the financial summary for second quarter of fiscal year 2020 and projections for fiscal year 2020. With no prospect of an end to the spread of coronavirus infections, we'd like to express our deepest sympathies to all those have been afflicted by the disease and to those whose lives have been affected by the spread of infections. We sincerely hope that the spread of the virus will be brought to an end as soon as possible and that you all remain safe and healthy.

Please turn to Page 2. This is the outline of today's presentation. At 3:00 p.m. October 30, we disclosed our financial results for the second quarter of fiscal year 2020 at the Tokyo Stock Exchange. Based on the results for the second quarter, we have revised our full year performance forecast. So we have also disclosed revisions to our performance and dividend forecasts. I will now explain the details of these revisions.

Please turn to Page 3. This is our management policy for fiscal

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