Improved Full-Year Profit Forecast
Business profit is expected to reach JPY 43 billion, an increase of JPY 3 billion from the previous forecast due to improved profitability in Aerospace Systems, Energy Solutions & Marine Engineering, and a weaker yen.
Energy Solution & Marine Engineering Growth
This segment reported an increase of JPY 7.3 billion year-on-year due to significant contributions from the ship and offshore structure and Energy Marine machinery businesses.
Operating Cash Flow Improvement
Operating cash flow improved by JPY 15.1 billion from the same period last year mainly due to progress in collection of receivables in Powersports & Engine.
Hydrogen Business Achievements
The company participated in the Dakar rally with hydrogen-fueled engine vehicles, finishing in fourth place in the Mission 1000 category, and won the prestigious Masuda Award for a 100% hydrogen-fueled dry combustion gas turbine.