Q1 2023 Kawasaki Heavy Industries Ltd Earnings Presentation Transcript
My name is Yamamoto. Thank you for your participation. Now I will present the financial highlights. As we disclosed at the Tokyo Stock Exchange and through our website at 11:30 today, the first quarter FY 2022 continue to be strong for Motorcycle & Engine business, but Aerospace Systems business had much lower production volume for Boeing at the last year. And Precision Machinery & Robot was adversely affected by lockdown in China.
For these reasons and other factors, the revenue and profit declined year-over-year. On the other hand, we expect a recovery of the Boeing business in the second half of the year and a moderate improvement of
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