Q1 2024 IHI Corp Earnings Presentation Transcript

Aug 08, 2023 / NTS GMT
Presentation
Aug 08, 2023 / NTS GMT

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Corporate Participants
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* Yasuaki Fukumoto
IHI Corporation - Executive Officer, GM of Finance & Accounting Division and Director

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Yasuaki Fukumoto - IHI Corporation - Executive Officer, GM of Finance & Accounting Division and Director

This is Fukumoto, Director, Executive Officer, General Manager of Finance and Accounting of IHI Group. I will explain IHI Group's financial results for the first quarter of fiscal year 2023, based on the PowerPoint presentation materials disclosed at 3:00 p.m. today. Page 2 shows the contents of today's presentation.

Please turn to Page 4. This slide shows an overview of the results. In the first quarter of fiscal year 2023, generally, we were off to a good start against the operating profit target of JPY 90 billion for the year. In the civil aero engines business, sales of spare parts remained steady, along with the recovery in demand for aero transportation, although labor shortage in the airline industry and

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