Kansai Q4 Report 2022

The Group’s consolidated net sales for the period under review were 509,070 million yen (up 21.4% year on year). Operating income was 32,077 million yen (up 6.6% year on year) because of our efforts to improve profits by passing on to selling prices the selling cost, which had increased as sales grew amid continued impact of soaring raw materials prices. Ordinary income was 40,216 million yen (up 6.9% year on year) due partly to an increase in equity in earnings of affiliates. While a gain on the sale of investment securities was recorded due to the reduction of cross-held shares, there was a gain on a sale of a part of the land in Tokyo office recorded in the previous fiscal year. As a result, net income attributable to owners of the parent ended at 25,195 million yen (down 5.0% year on year).