nihonkohden

Philosophy & Strategy

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Left: Hirokazu Ogino,  President and CEO Right: Takashi Tamura,  Representative Director, Exective Operating Officer Left: Hirokazu Ogino, Representative Director, President and CEO
Right: Takashi Tamura, Representative Director, Exective Operating Officer

First we would like to sincerely thank our shareholders for your continued support.

We hereby report the results for the first half of FY2019 ending March 31, 2020.
In the first half of FY2019, in Japan, the Company introduced new products which match each market and also strengthened its marketing and service capabilities creating customer value. Thanks to the last minute surge in demand before consumption tax increase, sales in all markets and all product categories showed double digit growth. Internationally, sales in the Americas and Europe increased favorably due to the strengthening of its sales and service networks and the introduction of new products. As a result, both overall sales and operating income increased favorably.
In the second half of FY2019, the Company will strive continuously to expand its domestic and overseas business by providing products and solutions with high customer value, while a reactionary decline after a rush of demand is expected in the domestic market.

To realize its long-term vision for 2020, The CHANGE 2020, Nihon Kohden is currently implementing its three-year mid-term business plan, TRANSFORM 2020. In FY2019, which is the final year of the plan, the Company continues to focus on further improving its profitability in order to transform to a high profitable structure.
The interim dividend for the first half of FY2019 was 17 yen per share. We deeply appreciate your continued support.