Q2 2024 Kawasaki Heavy Industries Ltd Earnings Presentation Transcript

Nov 08, 2023 / NTS GMT

Release Date Price: 円638.8 (-7.10%)

Transcript

Katsuya Yamamoto

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

My name is Yamamoto. Thank you for your participation. Now I would like to present financial highlights. As announced on the Tokyo Stock Exchange and our website at 11:30 a.m. today, our financial results for the second quarter of fiscal year 2023 were affected by a onetime loss of JPY 58 billion, including replacement costs that will be incurred in the future due to operational problems with the PW1100G-JM engine, resulting in a major decrease in profit year-on-year. Due to this loss, the company has also announced a decrease in its full year forecast for fiscal year 2023 from the previous announcement and the change in its dividend forecast

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