Full Year 2021 Ajinomoto Co Inc Earnings Call Transcript
So this is Nakano speaking. Thank you very much for participating despite your busy schedule. So without further ado, please refer to the PowerPoint material that you should have.
So this is on page 2, we have the table of content. As Mr. Kaji has said, the #1 is the agenda that I would like to cover for today. For #2 and 3, this will be -- Mr. Nishii is going to cover tomorrow.
Going to Page 4. This is about the FY 2020 summary results. For the full year, the sales, overall, if we exclude the impact of the currency, year-over-year, we have been able to recover it to last year's level. In terms of the business profit, the specialty chemicals sales increased and seasonings and food and frozen foods sales increased and product mix improved. And SG&A expenses have declined year-over-year.
It was 114% increase of the profit. In terms of the business profit, this has been a record high level for us. And if you look at the impairment losses of JPY 18.5 billion, mainly, this is for the animal
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