Nov 07, 2022 / NTS GMT
Presentation
Nov 07, 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 Nabeshima. Thank you for joining us today. I'll explain the financial results for the second quarter of FY 2022.
First, please turn to Page 1. This slide shows the results for the first half with year-on-year changes. Demand was very strong, and net sales were up 12.6% to JPY 510.5 billion. This is due to increased sales volume, revisions of selling prices in response to the rises in material and fuel prices and weaker yen. However, operating income declined 54.8% to JPY 14.2 billion.
The Materials segment recorded an operating loss of JPY 4.5 billion due to a decline in productivity caused by the labor shortage in the U.S.
Q2 2023 Teijin Ltd Earnings Presentation Transcript
Nov 07, 2022
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