Q1 2024 Sekisui Chemical Co Ltd Earnings Presentation Transcript

Jul 28, 2023 / NTS GMT
Presentation
Jul 28, 2023 / 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 Senior Managing Executive Officer of Sekisui Chemical. I'd like to go over the financial results for the first quarter of FY '23. Page 1 shows the currency assumptions, the actual results for Q1 and the outlook for the first half as well as the sensitivity of the business to foreign exchange. Compared to the same period last year, both euro and U.S. dollar were stronger and expected to remain stronger against the yen. The earnings forecast reflects the benefit of the weaker yen.

Page 2 is a snapshot of the first quarter results, with net sales achieving JPY 285.4 billion,

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