Summary of Q&A for Results briefing of the First Quarter of Fiscal Year 2020 held on August 3, 2020
August 3, 2020
Are there any temporary factors that affected income decrease in the domestic Marine Products Business, such as inventory write-down, in addition to the decrease in sales volume and price? Also, please tell us the inventory level of marine products. Do you have a dead stock?
Sales of high-purify EPA for the U.S.A. in the Fine Chemicals Business are behind schedule. Could you share the status of negotiations with Amarin Corporation and the FDA's factory inspections with us?
You have revised the outlook of operating profit for the U.S.A. and Europe. What factors raised the outlook from a decrease of 2.0 billion yen to a decrease of 1.1 billion yen? We'd also like to know why the outlook for the operating profit in the salmon/trout business in South America has worsened from a decrease of 3.5 billion yen to a decrease of 4.3 billion yen.
You expect the impact of coronavirus will last until late September in May. How do you see how long the influence of COVID-19 will last and how it will affect the net sales as of the first-quarter financial results announcement?
Revenue increased in food for household use and decreased in food-service in domestic Food Products Business. We'd like to know why the revenue didn't shrink sharply in food-service?
According to your plan, landing volume will decrease in the South American salmon/trout aquaculture business in Marine Products Business, compared to the previous year. What is your outlook in FY2021?