IHI Corp Aero Engine, Space, and Defense Business Area Transcript

Edited Transcript of 7013.T conference call or presentation 23-Oct-24 10:59am GMT

...This is Sato from the Aero Engine Space and Defense business area. These are our key messages for today. In the aero engine space and defense business area, we are leveraging years of technical expertise to deliver sustainable growth. We aim to generate revenue of JPY800 billion by fiscal 2030, and JPY 1 trillion by fiscal 2040. To those ends, we will sustainably increase several aero-engine sales and earnings over the medium to long terms. Bolster defense business sales and earnings on expanded defense budgets and institutional reforms and increase space contributions to national space development and cultivate private sector operations. Let's first look at how we have performed over the past five years. The top half of the slide shows revenue and EBITDA, their growth has far exceeded prepandemic levels. The bottom left of the slide shows our capital expenditures and depreciation. While capital expenditures surged in fiscal 2019 because of the construction of the Tsuru Kashima facility...

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