Key Points for Financial Results of 1st half FY2022
Increased sales and income (ordinary income) compared to the first half, and revised up the full-year forecast.
Although the price pass-through rate is advancing to 120%, operating income is slightly down on an operating income basis.
Increased sales and profit in India, Japan and Africa
Recurring profit increased due to foreign exchange gains despite the application of super-inflationary accounting in Turkey.
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Consolidated results 1st half FY2022
JPY billion
JPY billion
JPY billion
In addition to the effect of yen depreciation, price pass- through in all regions progressed (price pass-through ratio 120%), resulting in a significant increase in sales.
Despite the application of super-inflation accounting
(-1.2 billion yen) and other one-time factors, ordinary income increased due in part to foreign exchange valuation gains.
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Kansai Paint Co. Ltd. published this content on 14 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 November 2022 06:11:24 UTC.
KANSAI PAINT CO., LTD. is a paint manufacturing company. The Company has five reporting segments, including Japan, India, Asia, Africa and Europe. The Company involves in the manufacture and sale of automobile paints, industrial paints, construction paints, heavy-duty coating paints, vessel paints and housing paints among others.
KANSAI PAINT CO., LTD. 
