Toyota Motor Corp (NYSE:TM)
$ 175.58 -0.42 (-0.24%) Market Cap: 230.72 Bil Enterprise Value: 386.78 Bil PE Ratio: 8.28 PB Ratio: 1.01 GF Score: 86/100

Full Year 2020 Toyota Motor Corp Earnings Press Conference - Session 2 Transcript

May 12, 2020 / 05:10AM GMT
Release Date Price: $120.17 (-2.79%)
Unidentified Company Representative

[Interpreted] We now would like to begin the fiscal year 2020 financial results second session of the press conference of the Toyota Motor Corporation. I would now like to introduce our attendees for today: our President, Akio Toyoda; Operating Officer, Koji Kobayashi; and Operating Officer, Shigeki Terashi. So I'd like to start with remarks from the President.

Akio Toyoda
Toyota Motor Corporation - CEO, Chief Branding Officer, President & Representative Director

[Interpreted] Hello, everyone. Today, based on our financial results and forecast, I would like to share with you my thoughts on how Toyota intends to confront the COVID-19 crisis. Since my appointment as President in 2009, Toyota has faced numerous crises. In overcoming them, I believe that our company has been able to gradually strengthen its corporate composition. Please have a look at the changes in our earnings structure from just before the global financial crisis to the present.

In the 3 years just before the global financial crisis, while operating

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