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My name is Yoshihito Nakanishi of the Finance/Accounting Division. Thank you for attending today. At this point, I will discuss our consolidated financial results for the fiscal year ended March, 2023. Please have a look at page 4.

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To summarize,

net sales amounted 311.8 billion yen, up 3.5% from the previous year, mainly due to generally firm production at clients and higher unit prices for production contract work, etc. Other factors included an increase in transaction volume in the Airport-Related business in connection with the return of domestic and international passenger flights, an increase in transaction volume in conjunction with economic recovery in various countries, and the receipt of orders for large-scale projects.

Operating income amounted to 13.243 billion yen, up 28.7% year on year, while ordinary income was 14.281 billion yen and profit attributable to owners of parent was 8.301 billion yen, increases of 20.6% and 3.9%, respectively. Despite a decrease in gains on sales of strategically held stocks and a steep rise in fuel prices, profit was impacted positively by higher sales, efforts to improve profitability, which is the basic policy of our new medium-term management plan launched in April of this year, the receipt of appropriate unit prices, and improvements in operational efficiencies.

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Konoike Transport Co. Ltd. published this content on 07 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 June 2023 03:09:01 UTC.