Q2 2023 IHI Corp Earnings Call Transcript

Nov 08, 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 first half of fiscal year 2022. Based on the PowerPoint presentation materials disclosed at 3:00 p.m. today. This page shows the contents of today's presentation.

Please turn to Page 4. This slide shows an overview of the results. Despite recent signs of economic recovery, the outlook of the economy has become increasingly challenging due to various factors such as global shortage of materials and inflation, monetary tightening in each country in response to the situation and rapid yen depreciation. Under such business environment, as with the first quarter, IHI Group steadily secured operating profit in all the reportable segments.

In Civil Aero Engines, the overall recovery trend remains unchanged despite the impact from sluggish operations caused by labor shortage in the airline industry. In addition, profits further increased due to improved profitability and

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot