Full Year 2022 Yamaha Corp Earnings Presentation Transcript

May 12, 2022 / 06:30AM GMT
Presentation
May 12, 2022 / 06:30AM GMT

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Corporate Participants
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* Takuya Nakata
Yamaha Corporation - President, Representative Exe. Officer, Executive GM of Musical Instruments Business Unit & Director

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Takuya Nakata - Yamaha Corporation - President, Representative Exe. Officer, Executive GM of Musical Instruments Business Unit & Director

Thank you very much for your support to Yamaha's business activities. Moreover, thank you very much for participating our briefing today, sparing your precious time.

Now I'd like to start the explanation of the full year results for the fiscal year ended in March 2022. Here are the highlights. As the market continued to recover from the impact of COVID-19, we achieved increase in both the revenue and profits year-on-year. In the meantime, we continually face the supply shortages due to the semiconductor procurement difficulties. That issue is still ongoing. As for the core operating profit, even though we suffered from the rise of various

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