【ノート】
Ladies and gentlemen, thank you for taking the time out of your busy schedules to participate in the Q3 FY2018 results briefing for OMRON today. Before we get started, I would like to introduce our management team.
Starting in order from your left:
Koji NITTO, Senior Managing Executive Officer, CFO and Senior General Manager, Global Strategy HQ;
Takayoshi OUE, Executive Officer and Senior General Manager of Global Finance and Accounting HQ;
Seiji TAKEDA, Executive Officer, General Manager of Corporate Planning Dept., Global Strategy HQ; and
Shunji OKUMURA, General Manager of Investor Relations Department, Global Investor Relations and Brand Communications HQ.
Finally, I am Kaori ITAGAKI, of the Investor Relations Department; I will be the MC for today’s proceedings.
Today’s agenda is as follows: We will begin with a presentation of around 20 minutes from CFO Nitto, covering our results to the end of Q3 FY2018, our full-year forecasts and our intentions as we look forward. We will then open the floor to questions. We have set aside between 20 to 30 minutes for Q&A. Due to the venue arrangements, we aim to wind up by around 5:00PM.
Please be advised that streaming video of this briefing, including the Q&A session, will be made available in its entirety on our website. We thank you in advance for your understanding. In addition, along with today’s materials, we have, as always, included a feedback sheet. We welcome your feedback.
Good afternoon, everyone. I am CFO Nitto.
First, thank you for your participation in the Q3 FY2018 results briefing.
As you know, we are in the midst of a period of dramatic global change. I will go into greater detail later but the changing operating environment has had an impact on OMRON’s earnings. We have no choice but to revise down our full-year forecasts for the second time this fiscal year. As CFO, I am mortified. My aim today is to provide clarity around the reasons for the revision. I will also talk about how I, as CFO, intend to respond to the changed environment going forward.
Following this, we have set aside time for questions.
Let’s get started.