Daikin Industries(DKILY) - 2024 Q3 - Earnings Call Presentation

Financial Performance - Net sales reached 3,5932 billion yen, a 110% year-over-year increase[4,6] - Operating profit was 3187 billion yen, representing a 104% increase year-over-year[4,6] - Profit attributable to owners of parent decreased to 1867 billion yen, a 96% year-over-year change[4] - The Air Conditioning and Refrigeration Equipment segment saw net sales of 3,3358 billion yen, a 111% increase year-over-year, and operating profit of 2843 billion yen, a 108% increase[6] - The Chemicals segment experienced net sales of 1888 billion yen, a 100% year-over-year change, but operating profit decreased to 327 billion yen, an 84% year-over-year change[6] Regional Sales (Air Conditioning and Refrigeration Equipment) - Japan's net sales increased to 4783 billion yen, a 109% year-over-year increase[10] - Europe's net sales increased to 5100 billion yen, a 107% year-over-year increase[10] - China's net sales decreased to 3652 billion yen, a 94% year-over-year change[10] - Americas' net sales increased to 1,3609 billion yen, a 116% year-over-year increase[10] - Asia's net sales increased to 3972 billion yen, a 121% year-over-year increase[10] Regional Sales (Chemicals) - Japan's net sales increased to 510 billion yen, a 102% year-over-year increase[11] - Americas' net sales decreased to 269 billion yen, a 78% year-over-year change[11] - China's net sales increased to 484 billion yen, a 115% year-over-year increase[11] - Europe's net sales decreased to 374 billion yen, a 99% year-over-year change[11] Factors Affecting Operating Profit - Foreign exchange contributed a positive impact of 135 billion yen to the overall operating profit[4,8] - Raw material costs (including logistics) had a negative impact of 380 billion yen[8] - Fixed costs, etc, had a negative impact of 430 billion yen[8] - Sales expansion contributed a positive impact of 183 billion yen[8] - Selling price measures contributed a positive impact of 210 billion yen[8] - Cost reductions contributed a positive impact of 405 billion yen[8]