Q2 2024 Teijin Ltd Earnings Presentation Transcript

Nov 06, 2023 / NTS GMT

Release Date Price: $11.85

Transcript

Eiji Ogawa

Teijin Limited - Senior Executive Officer, CFO & Director

I am CFO, Ogawa. Thank you. I would like to report the results for the second quarter and the forecast for the full year of fiscal 2023. First, the highlights of the presentation. The second quarter results show an increase in both sales and income compared to the first quarter. Operating income increased JPY 1.5 billion from the first quarter due to increased sales in the Aramid, Fibers and products converting businesses. As you can see in the graph on the right, operating income was on a downward trend from the first quarter of the previous year through the second quarter, third quarter and fourth quarter, but it has continued to increase in the first quarter and second quarter.

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