Toray Industries Inc (OTCPK:TRYIY)
$ 10.07 0.11 (1.1%) Market Cap: 8.06 Bil Enterprise Value: 13.27 Bil PE Ratio: 57.83 PB Ratio: 0.73 GF Score: 65/100

Q2 2022 Toray Industries Inc Earnings Call Transcript

Nov 10, 2021 / 06:00AM GMT
Release Date Price: $12.22 (-3.32%)
Masahiko Okamoto;s Division and Director
Toray Industries, Inc. - Corporate VP of Finance & Controllerâ

Thank you very much for joining us today despite your busy schedule. On behalf of Toray Group, I would like to take this opportunity to extend my gratitude towards your continued understanding and your interest in our management and business activities.

Now I would like to report Toray's business results for the second quarter ended September 30, 2021, and the business forecast for the fiscal year ending March 2022.

Now I would like to follow the table of contents shown on Page 1. I would like to begin with a brief summary of business results for the second quarter ended September 30, 2021.

Please turn to Page 3. Consolidated revenue for the 6-month period increased 24.2% to JPY 1,063.0 billion compared with the same period of the previous fiscal year. Core operating income increased by JPY 36.1 billion to JPY 70.2 billion and profit increased by JPY 56.5 billion to JPY 60.9 billion.

Page 4 is about special items. Special items for the 6-month

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