Full Year 2023 Meiji Holdings Co Ltd Earnings Presentation Transcript

May 15, 2023 / NTS GMT
Presentation
May 15, 2023 / NTS GMT

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Corporate Participants
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* Kazuo Kawamura
Meiji Holdings Company, Ltd. - CEO, President and Representative Director

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Kazuo Kawamura - Meiji Holdings Company, Ltd. - CEO, President and Representative Director

I am Kawamura, CEO of the company. Thank you very much for joining us today despite your busy schedule. I'd also like to take this opportunity to thank you for your continued support.

Move on to the slide number 1. First, I will explain the key points of the FY 2022 financial results. Moving on to slide number 2. In FY 2022, sales increased, and profit decreased.

Net sales totaled JPY1,062.1 billion with both food and pharmaceutical segments increasing. Overseas sales totaled JPY120 billion. And for the first time, the ratio of overseas business to total sales exceeded 10%.

On the other hand, operating profit was JPY75.4 billion, JPY2 billion below the plan announced in February. By segment, operating profit decreased in food

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