Olympus Corp (OCPNF) on Q1 2020 Results - Earnings Call Transcript [Seeking Alpha]
OLYMPUS CORP S/ADR (OCPNY)
NASDAQ:AMEX Investor Relations:
olympus-global.com/ir
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Source: Seeking Alpha
Olympus Corp (OCPNF) on Q1 2020 Results - Earnings Call Transcript Olympus Corp ( OTC:OCPNF Company Participants Yasushi Sakai - CFO & Corporate Managing Officer Conference Call Participants Greetings. My name is Yasushi Sakai, Chief Financial Officer, Olympus Corporation. Thank you very much for joining us today for this teleconference in which we will be discussing the financial results of Olympus Corporation for the first quarter of fiscal 2020. So let us begin by looking at the financial results. Slide 3. Here, we can see the two main points summarizing results in the first quarter fiscal 2020. Consolidated results for the first quarter are tracking in line with full year forecast with revenue and profit both increasing year-on-year. The positive effects of efforts to ensure greater efficiency in selling, general and administrative expenses company-wide have started to emerge. And the SG&A ratio has improved 2.6% year-on-year to 55.6%. There are no changes to the projections made
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