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【ノート】
There are three key points to today’s presentation.
First, the Q3 year-to-date results. On a Y/Y basis, sales increased while profit declined, largely in line with our internal plan. On a monthly basis, we saw firm trends in October and November. However, in December, earnings for IAB and EMC deteriorated.
Next, our full-year forecasts. We expect the challenging operating environment for IAB and EMC in December to continue. This is reflected in the downward revision to our full-year forecasts. Amidst the tough environment, we will be even more disciplined in managing expenses, while selectively making necessary investments. Additionally, while we have revised down our full-year forecasts, we maintain our year-end dividend guidance at ￥42 per share, for a full-year dividend unchanged at ￥84 per share.
Finally, I will discuss our plans as we look forward. From the standpoint of CFO, I will talk about our ongoing structural reforms as well as initiatives for our core businesses, IAB and HCB.