May 10, 2023 / NTS GMT
Presentation
May 10, 2023 / NTS GMT
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Corporate Participants
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* Masakazu Negoro
Kao Corporation - Senior Managing Executive Officer, Senior VP of Global Procurement & Director
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Masakazu Negoro - Kao Corporation - Senior Managing Executive Officer, Senior VP of Global Procurement & Director
Please look at the slides and turn to Page 5, which is the highlights of consolidated financial results. Net sales grew by 0.3% and was JPY 347.8 billion. Excluding the effect of currency translation, this is a 3.8% like-for-like reduction. Operating income was JPY 7.3 billion, which is a reduction of 68.3% year-on-year. Operating margin was 2.1%. Net income attributable to owners of the parent was JPY 4.8 billion, which is a year-on-year decline of 73.6%. Basic earnings per share was JPY 10.36, which is a reduction of 73.1% year-on-year.
Now please turn to Page 6, key points of Q1 results. Looking back on the first quarter, operating income declined significantly from the previous year. In the
Q1 2023 Kao Corp Earnings Presentation Transcript
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