May 10, 2022 / NTS GMT
Yasuaki Fukumoto - IHI Corporation - Executive Officer and GM 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 fiscal year 2021 based on the PowerPoint presentation materials disclosed at 3:00 p.m. today. This presentation, the contents of today's presentation.
Please turn to Page 4. This slide shows an overview of the results. In fiscal year 2021, the business environment continued to change dramatically, such as emergence of geopolitical risks by Russia's aggression against Ukraine in late February, in addition to soaring raw material prices and prolonged supply shortage of semiconductors, while there has been modest recovery from the spread of COVID-19 in aero transportation demand. Under such a business environment, IHI Group achieved the operating profit exceeding the forecast by reaping benefits from the steady implementation of various measures set forth in project change.
In vehicular turbochargers, the impact of the recent lockdown in China is beginning to become
Full Year 2022 IHI Corp Earnings Call Transcript
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