Q1 2024 Cosmo Energy Holdings Co Ltd Earnings Presentation Transcript

Aug 10, 2023 / NTS GMT
Presentation
Aug 10, 2023 / NTS GMT

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Corporate Participants
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* Shigeru Yamada
Cosmo Energy Holdings Co., Ltd. - Group CEO & Representative Director
* Takayuki Uematsu
Cosmo Energy Holdings Co., Ltd. - Senior Managing Executive Officer & Representative Director

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Shigeru Yamada - Cosmo Energy Holdings Co., Ltd. - Group CEO & Representative Director

Thank you very much for taking the time out of your busy schedules today to participate in our briefing on the financial results for the first quarter of fiscal year 2023. I would like to start my presentation on initiatives to enhance enterprise value, revised shareholder return policy and the revised dividend forecast.

Please open Page 3. First of all, I would like to explain how we assess our current situation in terms of trends in financial health and the price-to-book ratio or PBR. As you can see on the slide, our financial health has once deteriorated significantly as of the end of FY 2015 with net worth of

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