Q2 2023 Fuji Electric Co Ltd Earnings Presentation Transcript

Oct 27, 2022 / NTS GMT
Presentation
Oct 27, 2022 / NTS GMT

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Corporate Participants
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* Junichi Arai
Fuji Electric Co., Ltd. - Sr Managing Exec. Off, GM of Corp Mgmt Planning HQ, Export Admin Off & Compliance and Director

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Junichi Arai - Fuji Electric Co., Ltd. - Sr Managing Exec. Off, GM of Corp Mgmt Planning HQ, Export Admin Off & Compliance and Director

I am Junichi Arai, Corporate General Manager, Corporate Management Planning Headquarters. I will explain consolidated financial results for the first half of the fiscal year 2022 and full year forecast. Firstly, let me explain results for the first half. As Kondo mentioned, despite negative factors such as lockdowns in China, rising resource and energy costs, partly due to the tailwind of the depreciation of the yen. Fortunately, we achieved record high operating income, ordinary income and net income in the first half.

Page 4, please. Net sales were JPY 447.1 billion, at JPY 49.5 billion. Excluding gain on translation of earnings of overseas

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