Toru Nakamura
Chief Financial Officer
Replay available
Kawasaki Heavy Industrial Ltd (OTC: KWHIF) Q1 2025 earnings conference call, held 2025-08-06. Replay captured from the company's public earnings webcast.

Chief Financial Officer
Director of Investor Relations
Watch the replay and follow the connected company analysis, news, and investor updates for Kawasaki Heavy Industries Ltd..
WEBVTT 00:00:00.031 -- 00:00:02.735 Thank you for your participation. 00:00:02.735 -- 00:00:05.980 Allow me to present the financial highlights. 00:00:05.980 -- 00:00:10.807 In our financial results for the first quarter of fiscal year 2025, 00:00:10.807 -- 00:00:15.995 our company achieved record revenue and a year-on-year increase in business profit. 00:00:15.995 -- 00:00:21.023 These results met our performance forecast for the current fiscal year on the whole. 00:00:21.023 -- 00:00:25.732 Turning to the full year forecast for fiscal year 2025, 00:00:25.732 -- 00:00:30.061 we have kept the forecast unchanged from the previous announcement. 00:00:30.061 -- 00:00:35.111 Despite including the direct impact of recent US tariffs in the forecast, we adjusted 00:00:35.111 -- 00:00:39.881 the exchange rate assumption to a weaker yen, explaining our decision to keep the forecast 00:00:39.881 -- 00:00:41.484 unchanged. 00:00:41.484 -- 00:00:44.426 This concludes the summary. 00:00:49.508 -- 00:00:53.752 I will provide more details beginning on page 5. 00:00:53.752 -- 00:01:00.057 Orders received in the first quarter of fiscal year 2025 amounted to 446.3 00:01:00.057 -- 00:01:04.041 billion yen, revenue amounted to 488.4 00:01:04.041 -- 00:01:09.146 billion yen, business profit was 20.5 billion yen, quarterly profit 00:01:09.146 -- 00:01:14.150 before tax was 16.8 billion yen, and quarterly profit attributable to 00:01:14.150 -- 00:01:19.277 owners of the parent was 4.2 billion yen. Despite the year-on-year 00:01:19.277 -- 00:01:24.107 increase in business profit, there was a decrease in quarterly profit before tax and 00:01:24.107 -- 00:01:29.419 net profit. The main reasons for this included a contraction of foreign exchange gains 00:01:29.419 -- 00:01:32.245 resulting fro...