Q1 2023 Sekisui Chemical Co Ltd Earnings Presentation Transcript

Jul 28, 2022 / NTS GMT
Presentation
Jul 28, 2022 / NTS GMT

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Corporate Participants
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* Futoshi Kamiwaki
Sekisui Chemical Co., Ltd. - Senior Managing Executive Officer, Head of Business Strategy Department & Representative Director

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Futoshi Kamiwaki - Sekisui Chemical Co., Ltd. - Senior Managing Executive Officer, Head of Business Strategy Department & Representative Director

This is Futoshi Kamiwaki, Representative Director and Head of Business Strategy Department. I'd like to go over the financial results for the first quarter of fiscal 2022.

Page 1 shows the currency assumption. Initially, the currency assumption against the dollar was JPY 115 in the business plan. The actual in Q1 was JPY 130. And for Q2, we are assuming JPY 133 against the dollar. The first half guidance is expected to positively benefit from the currency.

Page 2 illustrates the results of the first quarter. Net sales grew to JPY 282.3 billion, with the operating income reaching JPY 13.8 billion, ordinary income JPY 21.4

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