Q1 2021 Kawasaki Heavy Industries Ltd Earnings Presentation Transcript

Aug 06, 2020 / NTS GMT

Release Date Price: 円288.6 (-5.87%)

Transcript

Katsuya Yamamoto

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

I am Yamamoto. Thank you very much for joining us today. Without further ado, I explain the financial results for the first quarter fiscal year 2020.

Please turn to Page 3 of the presentation material. Page 3 shows summary. Orders received and net sales are as shown here. In particular, net sales decreased sharply as a whole by JPY 50.1 billion year-on-year mainly because Aerospace Systems were heavily affected by the spread of COVID-19. And including the decreased sales of aircraft for defense, the segment sales fell by JPY 47.5 billion. And Motorcycle & Engine was also heavily affected by COVID-19 with sales decline of JPY 9.3 billion.

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