Kao Corp Ord (KAOCF) Q2 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.675 Now let me present the financial results for the first half of this year. 00:00:07.340 -- 00:00:10.343 Thank you very much for coming 00:00:10.343 -- 00:00:13.885 despite your very busy schedules. 00:00:13.988 -- 00:00:17.630 First, please turn to page 4. 00:00:19.475 -- 00:00:24.263 This year is positioned as the year to achieve two goals in parallel. 00:00:24.263 -- 00:00:29.268 to improve earning power and solidify our operations in Japan, and to use the 00:00:29.268 -- 00:00:34.733 profits earned from these efforts to build a foundation for global expansion in growth 00:00:34.733 -- 00:00:37.334 and focus areas. 00:00:43.762 -- 00:00:47.505 Looking back on the first half of the year from this perspective, 00:00:47.505 -- 00:00:52.068 we were able to achieve solid results as planned. 00:00:52.512 -- 00:00:58.859 As you see here, the three main contributors to solidifying business in Japan are 00:00:58.859 -- 00:01:04.966 continued market share expansion in fabric and home care, improved profitability 00:01:04.966 -- 00:01:09.551 in cosmetics, and significant growth in the high premium hair care area. 00:01:09.551 -- 00:01:11.551 We 00:01:14.216 -- 00:01:19.502 also rolled out measures for global growth in focus areas such as UV care 00:01:19.502 -- 00:01:21.782 and cosmetics. 00:01:23.748 -- 00:01:28.936 Based on the positive feedback that the plan is progressing well, we have revised 00:01:28.936 -- 00:01:35.285 upward our full year operating income forecast for fiscal year 2025 00:01:35.285 -- 00:01:40.353 from the 160 billion yen announced at the Q1 results meeting 00:01:40.353 -- 00:01:43.778 to 165 billion yen. 00:01:43.778 -- 00:01:49.187 At the same time, the company also resolved today to repurchase 00:01:49.187 -- 00:01...