Nov 08, 2023 / NTS GMT
Presentation
Nov 08, 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
Hello, I'm Negoro. Now if you have the presentation material on hand, please turn to Page 7 to begin with. I would like to begin with the highlights of the consolidated financial results. Net sales was JPY 1,125.9 billion, down 0.2%. Excluding ForEx impact, net sales was down 2.9%. Core operating income was JPY 70.8 billion, down 8% from the same period last year, a significant improvement from second quarter cumulative of minus 36%. As a result, the core operating margin was 6.3%. The difference between core operating income and operating income, JPY 70.8 billion and JPY 50.7 billion, the difference of JPY 20.1 billion accounts for the cumulative structural reform expenses up to the third quarter.
Q3 2023 Kao Corp Earnings Presentation Transcript
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