Full Year 2022 Ajinomoto Co Inc Earnings Call Transcript
Good evening. This is Nakano. Thank you very much for taking your precious time to attend this conference call. Without further ado, I would like to briefly explain the results using the materials, as well as the forecast for fiscal 2022. If you look at the PowerPoint material and start with Page 5, I would like to start from Page 5. First of all, this is a digest of the results. In fiscal 2021, JPY 77.9 billion was the revenue increase we achieved, and we achieved a profit increase of JPY 7.7 billion of business profits. Sales came in at JPY 1,149.3 billion, which is the highest level since we started using IFRS. Business profit was the highest on record.
The second bullet point, for fiscal 2022, JPY 160.6 billion revenue increase is projected and profit increase of JPY 3 billion is planned. The raw material prices and fuel prices remain very high, so that poses a very big challenge to our business environment, but we would like to increase the unit price and also increase the sales price to overcome this
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