80Th Term Interim Business Report April 1, 2019 September 30, 2019 Greeting
Stock Code 7408 To Our Shareholders The 80th Term Interim Business Report April 1, 2019 September 30, 2019 Greeting Apology for the Quality-related Incidents Overview of 1st Half FY2019 Performance affected products will recommence in the third Financial Highlights We conducted a thorough, Group-wide investigation The passenger airline industry is characterized by quarter and we expect sales to come in slightly after the discovery of an incident of improper ongoing intensifying competition from low-cost above the target for consolidated sales issued on Net sales (Millions of Yen) Total assets and Net assets (Millions of Yen) inspection procedures at a factory producing our carriers (LCCs) amid growing worldwide demand for May 10, 2019. 92,600 Total assets Net assets 100,000 91,561 (Full-year Forecast) 120,000 108,797 aircraft interiors and aircraft seat products. Following air travel. Major airlines are launching strategies Profits will be impacted by the additional costs 81,834 84,068 102,980 77,791 100,000 92,284 92,559 94,456 the findings that additional improper quality-related ranging from securing new flight routes and associated with the quality incidents, increased labor 80,000 80,000 incidents occurred at a certified facility of the Aircraft enhancing passenger cabin service to even entering and shipping costs associated with making up for 60,000 60,000 Interiors Business, the Company received a Business into LCC business. the delayed deliveries, and costs to transfer 40,000 40,554 40,000 28,202 28,003 29,553 30,715 30,045 20,000 Improvement Advisory from the Ministry of Land, Aircraft manufacturers are facing some concern production to other sites due to interruptions in 20,000 Infrastructure, Transport and Tourism (MLIT) on of an impact from the grounding of the Boeing 737 production operations.
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