Full Year 2022 Teijin Ltd Earnings Presentation Transcript

May 12, 2022 / NTS GMT
Presentation
May 12, 2022 / NTS GMT

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Corporate Participants
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* Akihisa Nabeshima
Teijin Limited - Senior Executive Officer, CFO & Representative Director
* Akimoto Uchikawa
Teijin Limited - President, CEO & Representative Director

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Akihisa Nabeshima - Teijin Limited - Senior Executive Officer, CFO & Representative Director

I am Akihisa Nabeshima,the CFO. I will go over the results of FY '21 and outlook for FY '22.

Please turn to Page 1, the key points of this announcement. First, the results for FY '21. As shown in the right graph, net sales totaled JPY 926.1 billion, a 10.7% increase year-on-year due to increased sales, driven by economic recovery. But operating income dropped to JPY 44.2 billion, down 19.5% year-on-year. Strong sales in the Healthcare segment resulted in a record high operating income of JPY 43.2 billion and almost offset the impact of the decline in governmental demand for medical gowns in the Fibers & Products Converting. The

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