Full Year 2019 Kawasaki Heavy Industries Ltd Earnings Presentation Transcript

Apr 25, 2019 / 04:30AM GMT

Release Date Price: €4.21

Transcript

Kenji Tomida

Kawasaki Heavy Industries, Ltd. - VP, Assistant to the President, Senior Executive Officer & Representative Director

Good afternoon, ladies and gentlemen. I am Tomida I would like to brief on the results for FY 2018 and the forecast for FY 2019.

Page 3 shows the results hadn't changed from the forecast in January. Profitability in Energy System & Plant Engineering improved. But servicing aerospace systems segment didn't increase as expected. And profit in Precision Machinery & Robot segment decreased. Operating income decreased slightly vis-a-vis the forecast to JPY 64 billion.

On recurring profit. In addition to the decrease in operating income, due to the new provision of JPY 5 billion allowance relating to the Trent 1000 engines in nonoperating

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