Full Year 2022 Kao Corp Earnings Presentation Transcript

Feb 02, 2023 / NTS GMT

Release Date Price: $19.65 (-3.13%)

Transcript

Masakazu Negoro

Kao Corporation - Senior Managing Executive Officer & Senior VP of Global Procurement

Now let me discuss agenda items 1 and 2. Since there are so many slides prepared, in the interest of time, I would like to pick some to elaborate on by spending next 20 minutes, approximately.

Please turn to Page 7, which shows highlights of our consolidated financial results. Net sales went up by 9.3% year-on-year to JPY 1,551.1 billion with like-for-like growth of 3.7%, which excludes the impact of foreign exchange. The operating income came in was JPY 110.1 billion, down 23.3% year-on-year with operating margin of 7.1%. The net income attributable to parent was JPY 86 billion, down 21.5% year-on-year. The basic

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