Q2 2023 Meiji Holdings Co Ltd Earnings Presentation Transcript

Nov 14, 2022 / NTS GMT

Transcript

Kazuo Kawamura

Meiji Holdings Co., Ltd. - CEO, President & Representative Director

I am Kawamura, CEO of the company. Thank you very much for taking time out of your busy schedule to join us today. I would also like to take this opportunity to thank you all for your continuing support. I think you have already reviewed the first-half results in the material we disclosed last week. So today, I will focus only on key points and spend more time to predictions for the second half and beyond.

First, financial summary for the first half of fiscal '22. In the first half, we had higher sales and lower operating profit. Net sales was JPY517.5 billion, increasing in both food and pharmaceutical segments. Sales exceeded the plan announced in May. On the other hand, operating profit at JPY43.1 billion was down year on year but was above the plan

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