Full Year 2024 ENEOS Holdings Inc Earnings Presentation Transcript

May 14, 2024 / NTS GMT
Presentation
May 14, 2024 / NTS GMT

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Corporate Participants
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* Miyata Tomohide
ENEOS Holdings, Inc. - Representative Director & CEO
* Tanaka Soichiro
ENEOS Holdings, Inc. - SVP, VP Executive Officer & CFO

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Miyata Tomohide - ENEOS Holdings, Inc. - Representative Director & CEO

This is Miyata, the Representative Director, CEO of ENEOS Holdings. I would like to express my sincere gratitude to all our shareholders and investors for your continued support and advice regarding ENEOS Group's business activities.

So now let's dive into the materials. Please turn to Page 4. Highlights of FY '23 results and FY '24 forecast. In fiscal 2023, in addition to the reversal of the negative time lag for margins in petroleum products and export margins improved actual margins for petroleum products and petrochemicals resulted in operating income excluding inventory valuation to go up by JPY 146.7 billion year-on-year to reach JPY 393.2 billion.

In fiscal 2024, our

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