IHI Corp (FRA:IWJ)

€ 56.5 -0.5 (-0.88%) Market Cap: 8.59 Bil Enterprise Value: 11.58 Bil PE Ratio: 12.78 PB Ratio: 3.42 GF Score: 56/100

Q1 2022 IHI Corp Earnings Call Transcript

Aug 10, 2021 / NTS GMT

Release Date Price: €19 (-0.52%)

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 quarter of the fiscal year 2021 based on the PowerPoint presentation materials disclosed at 03:00 p.m. today. From the end of the fiscal year 2020, we have voluntarily adopted International Financial Reporting Standards or IFRS. And the figures for the previous year for the purpose of year-on-year comparison restated from JGAAP to IFRS.

This page shows the contents of the presentation. Please turn to Page 4. This slide shows an overview of the results for the first quarter of the fiscal year 2021. Overall, every profit line, including the operating profit turned positive in the first quarter. 3 non-aero businesses, namely Resources, Energy & Environment, Social Infrastructure and Offshore Facilities, and Industrial Systems and General-Purpose Machinery achieved business recovery to be on par with or higher than the level before the spread of COVID-19.

On the other hand

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