TDK Corporation (TTDKY) Q3 2020 Results - Earnings Call Transcript [Seeking Alpha]
TDK CORP S/ADR (TTDKY)
NASDAQ:AMEX Investor Relations:
global.tdk.com/corp/en/ir/index.htm
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Source: Seeking Alpha
TDK Corporation ( OTCPK:TTDKY Company Participants Tetsuji Yamanishi - Chief Compliance Officer So hello, ladies and gentlemen. My name is Yamanishi. Thank you very much for attending our performance briefing of the third quarter fiscal year March 2020. So from my side, I would like to talk about the outline of our consolidated results. So in terms of the highlight of our earnings, from the second quarter, the U.S.-China trade frictions have become serious with major repercussions on the global economy. This third quarter, the world economy echoed in China is uncertain. And in terms of the major markets that we do our business in, there has not been a major change in the demand environment. The environment continues to be tough. For the third quarter, year-over-year, although with that kind of situation, we have been able to see both increase in sales and profit year-over-year. In terms of the sales of the third quarter, year-over-year, it increased by 1.4%. In terms of the operating
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