Nidec Corp. (NJDCY) on Q4 2016 Results - Earnings Call Transcript

Good day, everyone, and welcome to today's Nidec's Conference Call hosted by Mitsubishi UFJ Morgan Stanley Securities. Today's call is being recorded. At this time, I would like to pass this conference to Mr. Abe at Mitsubishi UFJ Morgan Stanley Securities for opening remarks. Mr. Abe, please go ahead, sir. Ladies and gentlemen, thank you very much for joining this conference call. This is Abe, General Manager, Institutional Sales Department of Mitsubishi UFJ Securities. Before the meeting starts, please make sure all materials have been distributed. If not, please download the files on Nidec's Homepage right now. Now, may I introduce Mr. Akira Sato, Executive Vice President and Chief Financial Officer, who will be speaking to you shortly. First, Mr. Sato will make a presentation. After his presentation, we will move to a Q&A session. Mr. Sato will now discuss Nidec's fourth quarter fiscal year 2016 results, future outlook and management strategy. Mr. Sato, please go ahead. Thank you very much, Mr. Abe. My name is Akira Sato, Chief Financial Officer of Nidec, and I will be your main speaker for today.