Kansai Half-Year Report 2023
The Group’s net sales for the period under review were 274,005 million yen (up 9.3% year-on-year). Operating income was 25,734 million yen (up 63.3% year-on-year) as a result of efforts to improve profits, such as passing on price increases to sales prices, while selling expenses increased in line with sales growth. Ordinary income was 32,084 million yen (up 52.5% year-onyear) mainly due to an increase in equity in earnings of affiliates and foreign exchange gains caused by the depreciation of the yen. Profit attributable to owners of parent was 46,452 million yen (up 275.5% year on year), mainly due to gains on sales of investment securities associated with the reduction in strategic shareholdings and gains on sales of fixed assets associated with the sale of land in India.