Replay available
Kawasaki Heavy Industrial Ltd (KWHIF) Q4 2024 Earnings Call
Kawasaki Heavy Industrial Ltd (OTC: KWHIF) Q4 2024 earnings conference call, held 2025-05-09. Replay captured from the company's public earnings webcast.
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Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:06.496 Thank you for your participation today. My name is Hashimoto. 00:00:07.920 -- 00:00:13.045 First and foremost, we sincerely apologize for the repeated compliance issues that came 00:00:13.045 -- 00:00:18.111 to light in fiscal year 2024, and for causing concern and inconvenience to 00:00:18.111 -- 00:00:23.416 you. The investigation by the Special Investigation Committee is still ongoing, 00:00:23.416 -- 00:00:25.799 and we will announce the results separately. 00:00:25.799 -- 00:00:30.230 Regarding the full year results for fiscal year 2024, 00:00:30.230 -- 00:00:35.783 business profit was revised upward sharply compared with the 130 billion yen forecast 00:00:35.783 -- 00:00:41.597 announced in February. We achieved record business profit of 143.1 00:00:41.597 -- 00:00:47.425 billion yen. Turning to the full-year forecast for fiscal year 2025, 00:00:47.425 -- 00:00:52.510 we plan to exceed the fiscal year 2024 results and achieve a new record for 00:00:52.510 -- 00:00:57.576 business profit of 145 billion yen, despite setting a stronger yen 00:00:57.576 -- 00:01:02.802 exchange rate. The impact of US tariffs is expected to be felt mostly 00:01:02.802 -- 00:01:07.909 in the powersports and engine segment. however while taking into account the 00:01:07.909 -- 00:01:13.317 softening market trend this forecast does not reflect the impact of increased costs 00:01:13.317 -- 00:01:18.364 due to tariffs themselves because of the high level of uncertainty in future policy trends 00:01:18.364 -- 00:01:23.752 and economic conditions we will reflect these conditions in our financial highlights 00:01:23.752 -- 00:01:29.000 from the next announcement onwards as forecasts become clearer your understanding 00:01:29.000 -- 00:01:31.343 is greatly...