Nov 14, 2022 / NTS GMT
Presentation
Nov 14, 2022 / NTS GMT
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Corporate Participants
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* Eijiro Ota
Morinaga&Co., Ltd. - President & Representative Director
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Eijiro Ota - Morinaga&Co., Ltd. - President & Representative Director
Hello, everyone. This is Ota. Thank you very much for taking time out of your busy schedule today to participate in our financial results briefing for Q2 of the fiscal year ending March 31, 2023. First of all, I would like to talk for a little over 30 minutes about H1 of this fiscal year, which has been affected by higher-than-expected raw material prices, higher energy costs and the weaker yen. However, we were able to steadily raise the top line of sales, especially in focused domains, and we expect to further accelerate this momentum in terms of total sales in H2.
However, in H2 of the fiscal year, we expect the scope of raw material price hikes to be even greater than in H1 of the fiscal year and we are now revising our forecast for the full year. Today, I will explain
Q2 2023 Morinaga & Co Ltd Earnings Presentation Transcript
Nov 14, 2022
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