Q2 2023 Itochu Corp Earnings Presentation Transcript

Nov 04, 2022 / NTS GMT

Release Date Price: $5.4

Transcript

Keita Ishii

ITOCHU Corporation - President, COO & Director

Greetings, ladies and gentlemen. I'm President, Ishii. Thank you for gathering here today. I will now give you an overview of the financial results for the first half of FY '23. Please refer to the disclosed presentation materials.

First, here is a summary of the financial results for the first half of FY '23. Please refer to Page 2 of the document. Consolidated net profit for the first half was JPY 483 billion, the second highest level after last year's record JPY 500.6 billion. The first half post-tax profit of JPY 483 billion implies 69% of progress rate against the initial full year guidance of JPY 700 billion. Progress rate against the upward revised guidance of JPY 800 billion announced on October 4 is also at a high level of 60%. On a quarterly basis, Q2 generated JPY 252.4 billion in profit

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