Toyoda Gosei Holds Financial Results Briefing for Institutional Investors
Kiyosu, Japan, May 23, 2017: Toyoda Gosei Co., Ltd. today held a briefing for institutional investors on its financial results for fiscal 2016. Following is a summary.
1. Summary of FY2016 financial results briefing
(1) Time: 10:30?12:30, Tuesday May 23, 2017
(2) Place: Sapia Tower (1 Marunouchi, Chiyoda-ku, Tokyo, Japan)
2. Items covered
(1) Summary of results for year ended March 2017
(2) Key measures for the future
Issues for FY2017
- Improving profitability of optoelectronics business
- Improving profitability of European business
Measures for growth
- Expand production network in India
- Capital tie-up with Daicel
- Exclusive license for e-Rubber
(3) Medium-term forecast for fiscal year ending March 2021*
*The above medium-term forecast was prepared based on information available as of the day of announcement.
Actual results may differ from these forecasts due to a variety of factors in the future.