Kawasaki Heavy Industries Ltd Medium-Term Business Plan Presentation Transcript

May 20, 2019 / NTS GMT
Presentation
May 20, 2019 / NTS GMT

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Corporate Participants
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* Yoshinori Kanehana
Kawasaki Heavy Industries, Ltd. - President, CEO & Representative Director

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Yoshinori Kanehana - Kawasaki Heavy Industries, Ltd. - President, CEO & Representative Director

Good afternoon, ladies and gentlemen. I am Kanehana. Prior to the FY 2019 medium-term business plan, I would like to talk about the overview.

During FY 2016 medium-term business plan, investment in growth businesses in mid-to long-term were carried out steadily. But when we review the business results in 3 years, unfortunately, we were far short of the targets for 3 years. This is partly due to losses incurred in big projects every year, but that wouldn't explain all.

Selection and concentration, which was embraced in the previous mid-term business plan failed to proceed as expected. In every business, we started with road map to goals, but it can't be denied that our understanding of business environment trend were

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