Q2 2022 Kao Corp Earnings Presentation Transcript

Aug 03, 2022 / NTS GMT
Presentation
Aug 03, 2022 / NTS GMT

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Corporate Participants
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* Masakazu Negoro
Kao Corporation - Managing Executive Officer & Senior VP of Global Procurement
* Yoshihiro Hasebe
Kao Corporation - President, CEO & Representative Director

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Masakazu Negoro - Kao Corporation - Managing Executive Officer & Senior VP of Global Procurement

Thank you very much for taking time out of your busy schedule to join us today. This is my first time to speak in this briefing. I'd like to give an overview of the consolidated financial results for about 20 minutes, skipping over some pages since there is a lot of information in the materials.

Could you please turn to Page 5 of the material? These are the highlights of the consolidated financial results. Net sales for the first half of fiscal year 2022 were JPY 733.9 billion, up 8.7% from the previous year or up 4.2%, excluding the impact of exchange rates. Operating income was JPY 53.7 billion, down 23.9% year-on-year and

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