Q2 2022 Kuraray Co Ltd Earnings Presentation Transcript

Aug 10, 2022 / NTS GMT
Presentation
Aug 10, 2022 / NTS GMT

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Corporate Participants
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* Hitoshi Kawahara
Kuraray Co., Ltd. - Representative Director & President
* Keiji Taga
Kuraray Co., Ltd. - Managing Executive Officer & Director

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Hitoshi Kawahara - Kuraray Co., Ltd. - Representative Director & President

Good afternoon, ladies and gentlemen. Thank you for taking time out of your busy schedule today to participate in Kuraray Group's earnings presentation.

I am President Kawahara. I will now give an overview of the financial result for the second quarter of fiscal year 2022.

In the first half of fiscal year 2022, demand remained strong in many of our businesses, as restriction on economic activities eased in many countries. Although raw materials and fuel prices and the logistics cost rose, we were able to achieve significant increase in both sales and income as a result of our cost cutting efforts and sales price revisions.

As a result, as shown on the slide

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