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Q1 2022 Mitsubishi Chemical Holdings Corp Earnings Call Transcript
[Interpreted] Welcome. I am Hidefumi Date, CFO, of Mitsubishi Chemical Holdings. Thank you for your joining us today. Let's get started.
Please turn to Page 4. Consolidated statements of operations. Sales revenue for the first quarter of fiscal 2021 was JPY 928.3 billion, up JPY 205.6 billion, or 28% year-on-year, showing a recovery from the downturn due to the COVID-19 pandemic last year. Differences in volume contributed JPY 114 billion to the increased revenue with JPY 40 billion each was attributed to the Performance Products and Chemicals, respectively, and JPY 30 billion to Industrial Gases. The trend of the weaker yen also pushed up the revenue by about JPY 29 billion. The unit prices had a positive impact of about JPY 63 billion on the revenue sales of which a majority was for Chemicals, but selling prices also went up in Performance Products contributing slightly less than JPY 10 billion.
The core operating income was JPY 88.7 billion. a surge of JPY 73.7 billion from
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