Full Year 2023 Teijin Ltd Earnings Presentation Transcript

May 11, 2023 / NTS GMT
Presentation
May 11, 2023 / NTS GMT

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

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Eiji Ogawa - Teijin Limited - Senior Executive Officer, CFO & Director

I am Ogawa, CFO of Teijin. I explain mainly about the financial results based on the presentation material. The first page is about the major point of financial results of FY '22 and the outlook for FY '23. In FY '22, while net sales increased by 10% year-on-year to JPY 1.0188 trillion, operating income decreased by 70% year-on-year to JPY 12.9 billion. However, in the previous outlook, it was forecasted as JPY 10 billion. So it was about 30% higher than the outlook. The factors behind this result were in the Materials segment, even though selling price revisions offset rises in raw material and fuel prices, operating loss continued affected by a significant profit decrease due to production

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