Full Year 2021 Eneos Holdings Inc Earnings Presentation Transcript

May 12, 2021 / NTS GMT
Presentation
May 12, 2021 / NTS GMT

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Corporate Participants
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* Katsuyuki Ota
ENEOS Holdings, Inc. - Representative Director & President
* Tanaka Soichiro
ENEOS Holdings, Inc. - SVP & Managing Executive Officer

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Katsuyuki Ota - ENEOS Holdings, Inc. - Representative Director & President

I am Ota, President of ENEOS Holdings. I'd like to express my gratitude for support and advice provided regularly by shareholders and investors for the business of ENEOS Group. Now let me start the explanation with the presentation slides.

Please turn to Page 3. This slide is about the financial results highlights. First, I will explain about financial results for FY 2020. Operating income excluding inventory valuation effect was JPY 215.5 billion, up about JPY 119 billion year-on-year. This is not described on the slide, but in the previous fiscal year, we recognized inventory valuation effect of about minus JPY 210 billion due to the plunge of the oil price. And profit

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