Consolidated Financial Results
for the Year Ended December 31, 2022 and FY2023 Forecast

from the beginning

Consolidated Financial Results for the Year Ended December 31, 2022 and FY2023 Forecast

Presenter：

Yoshihiro Hasebe
Representative Director, President and Chief Executive Officer

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I Consolidated Financial Results for the Year Ended December 31, 2022

Consumer Products Market in Japan

Kao's Main Markets in Asia, the Americas and Europe (Main Categories)

Highlights of Consolidated Financial Results

Key Points of FY2022 Results

Consolidated Net Sales by Segment/Geographic Region

Consolidated Net Sales by Segment/Geographic Region (Quarter)

Consolidated Results by Segment

Consolidated Results by Segment (Quarter)

Analysis of Change in Consolidated Operating Income

Variance between Q4 Forecast and Results

Implementation and Results of Strategic Price Increases

Effects of Strategic Price Increases (Major Consumer Products in Japan)

Main Initiatives and Results in the Three Areas of Reborn Kao

II Consolidated Operating Results Forecast for FY2023

Major Assumptions for FY2023 Forecast

Consolidated Operating Results Forecast for FY2023

Sales Forecast for FY2023

Expected Risks and Opportunities

Impact of Hikes in Raw Material Prices on Consumer Products Business (vs. 2015)

Policy on Strategic Price Increases

Analysis of Change in Consolidated Operating Income

Current Identification of Issues for Improving EVA

Direction of Business Portfolio Management

Next Strategic Direction

Presenter：

Masakazu Negoro
Senior Managing Executive Officer, Responsible for Management Finance (Accounting and Finance, Business Structure Reforms, Procurement, Human Capital Strategy)

Direction of Business Portfolio Management

Drastic Structural Reforms

Organizational and Structural Changes for Growth

Direction of Strategic Businesses in FY2023

FY2023 Management Policies