Full Year 2021 IHI Corp Earnings Presentation Transcript

May 13, 2021 / NTS GMT
Presentation
May 13, 2021 / NTS GMT

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Corporate Participants
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* Hiroshi Ide
IHI Corporation - President & CEO, GM of Corporate Strategic Planning and Director
* Yasuaki Fukumoto

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Yasuaki Fukumoto -

This is Fukumoto, General Manager of Finance and accounting of IHI Group. I will explain IHI Group's financial results for the fiscal year 2020 based on the PowerPoint presentation materials disclosed at 3:00 p.m. today.

As explained in October last year, we have voluntarily adopted International Financial Reporting Standards or IFRS from this time. And the figures for 2019 for year-on-year comparison are also stated based on IFRS. This page shows the contents of the presentation.

Please turn to Page 4. This slide shows an overview of the results for fiscal year 2020. Revenue and operating profit decreased significantly in several aero engines due to the downturn in demand for aero transportation caused from the impact of the spread of COVID-19. On the other hand, we were able to

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