IHI Corp (STU:IWJ)

€ 51 0 (0%) Market Cap: 8.08 Bil Enterprise Value: 11.08 Bil PE Ratio: 12.13 PB Ratio: 3.24 GF Score: 58/100

Q2 2022 IHI Corp Earnings Call Transcript

Nov 09, 2021 / NTS GMT

Release Date Price: €21.4 (+0.94%)

Transcript

Yasuaki Fukumoto

IHI Corporation - General Manager of Finance & Accounting Division

This is Fukumoto, General Manager of Finance and Accounting of IHI Group. I will explain IHI Group's financial results for the first half of the fiscal year 2021 based on the PowerPoint presentation materials disclosed at 3:00 p.m. today.

From the end of the fiscal year 2020, we have voluntarily adopted international financial reporting standards or IFRS. As with the first quarter, the figures for the previous year are also restated from JGAAP to IFRS for the purpose of year-on-year comparison. This page shows the contents of the presentation.

Please turn to Page 4. This slide shows an overview of the results for the first half of the fiscal year 2021. Overall, we were able to steadily achieve increasing every profit line, including the operating profit, although the impact from the spread of COVID-19 persisted in several aero engines. The performances of 3 non-aero businesses, namely Resources, Energy and Environment; Social Infrastructure and Offshore Facilities; as well as Industrial Systems and

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