Q3 2022 ENEOS Holdings Inc Earnings Presentation Transcript

Feb 10, 2022 / NTS GMT
Presentation
Feb 10, 2022 / NTS GMT

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Corporate Participants
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* Tanaka Soichiro
ENEOS Holdings, Inc. - SVP & Managing Executive Officer

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Tanaka Soichiro - ENEOS Holdings, Inc. - SVP & Managing Executive Officer

I would like to express our sincere gratitude to our shareholders and the investors for their continued support and advice on the business activities of the ENEOS Group.

Let me start my presentation, based on the handout materials, starting with Page 3, highlights of the financial results. For Q3 FY 2021, operating income and net income significantly increased year-on-year mainly due to favorable inventory effects supported by rising crude oil prices.

Operating income, excluding inventory valuation, was JPY 273.3 billion, an increase of JPY 112.4 billion year-on-year.

By segment, Energy is down JPY 72.5 billion due to the deterioration in domestic petroleum and export margins as well as refinery troubles during the first half of the year.

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