Q1 2023 Teijin Ltd Earnings Presentation Transcript

Aug 08, 2022 / NTS GMT

Release Date Price: $11.85

Transcript

Akihisa Nabeshima

Teijin Limited - Senior Executive Officer, CFO & Representative Director

I am Akihisa Nabeshima, CFO of Teijin Limited. Let me go over the financial results of the first quarter of fiscal 2022 and the full-year outlook for fiscal 2022 in accordance with the materials distributed.

Please take a look at Page 1. You can see net sales and operating income by segment for each quarter. In the first quarter, in terms of year-on-year comparison, because the demand was strong basically, which led to an increase in sales volume, net sales grew by 7.9% to JPY 243.8 billion.

On the other hand, the operating income decreased by 37.6% from JPY 17.3 billion to JPY 10.8 billion. This represents a progress of 22% against the full-year outlook of JPY 50

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