Q3 2022 Kao Corp Earnings Presentation Transcript

Nov 01, 2022 / NTS GMT
Presentation
Nov 01, 2022 / NTS GMT

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Corporate Participants
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* Masakazu Negoro
Kao Corporation - Managing Executive Officer & Senior VP of Global Procurement

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

I am Masakazu Negoro, Managing Executive Officer of Kao. I'd like to now present the consolidated financial results for the 9 months ended September 30, 2022.

Please turn to Page 5. This shows highlights of consolidated financial results. Net sales grew by 10.5% year-on-year to reach JPY 1,127.7 billion. Like-for-like growth was 4.9%. Operating income was JPY 76.9 billion, down 29.4% year-on-year. Operating margin was 6.8%. Net income attributable to owners of the parent was JPY 58.3 billion. down 28.9% year-on-year. Basic earnings per share was JPY 123.82, down 28.2% year-on-year.

Next is Page 6, this shows the overview of consolidated results. First, I'd like to look back at 9 months up to Q3. To offset the raw

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