Kansai Q3 Report 2022

The Group’s net sales for the period under review were 383,008 million yen (up 22.9% year on year). Operating income was 24,167 million yen (up 0.4% year on year) because of our efforts to improve profits by passing on to selling prices the selling cost, which rose due to an increase in sales amid continued impact of soaring prices for raw materials. Ordinary income was 28,805 million yen (down 4.8% year on year) due partly to the impact of a decrease in equity in earnings of affiliates. Net income attributable to owners of the parent amounted to 16,788 million yen (down 5.0% year on year) due to an increase in gains on sale of investment securities as a result of reducing cross-shareholdings.