Q1 2020 Mitsubishi Heavy Industries Ltd Earnings Presentation Transcript

Aug 05, 2019 / 06:30AM GMT
Presentation
Aug 05, 2019 / 06:30AM GMT

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Corporate Participants
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* Masanori Koguchi
Mitsubishi Heavy Industries, Ltd. - Senior EVP, CFO & Director

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Masanori Koguchi - Mitsubishi Heavy Industries, Ltd. - Senior EVP, CFO & Director

Good afternoon, ladies and gentlemen. I am Koguchi, CFO of MHI. I would like to take you through the financial results for the first quarter of fiscal year 2019.

I'd like to begin with some remarks. As you know, since last year, IFRS has been adopted. And this time, IFRS 16 was adopted, which is related to these assets. From off-balance to on-balance process, we are changing. In the last fiscal year, the numbers we have announced for cash [transactions] are staying as they are, but we have adjusted to make apple-to-apple comparison. In your presentation material, for the apple-to-apple comparison, the actual results and the financial results for the last fiscal year have been shown in the material. I just wanted to make this clear before I start.

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