2018_1q_omron_e
22/30 ■In closing
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00:26:38.1
Finally, as I touched upon earlier, we have gotten off to an extremely good start for VG 2.0 and FY2017, the first year of the medium-term plan. Q1 revenues and profits were up significantly YoY. We believe the strategies we have deployed in our mainstay IAB business and improvements to our overall profit structure are bearing fruit. The Q1 results give us solid confidence in our ability to achieve the VG 2.0 targets for FY2020. However, I will reiterate that we have as yet only completed 3 months of FY2017 and we still have 9 more months to go. As such, we have chosen to leave our full-year forecasts unchanged at this time. We will review the situation as of the end of Q2, and if necessary, will adjust our forecasts at that time. As CFO, I am firmly committed to ROIC management in order to maximize the value we generate for our customers. At the same time, I will also focus on capital efficiency and enhancing shareholder returns as well as sustainably creating corporate value. I humbly ask for your continued support as shareholders and investors. This completes my presentation. Thank you.
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