Decrease of the orders to Japanese groups KHI and MHOS in the naval field



In fiscal year 2016, that it is finished 31st March, the industrial groups and navalmeccanici Japanese Kawasaki Heavy Industries (KHI) and Mitsubishi Heavy Industries (MHOS) have recorded a bending of the new orders, that they have turned out pairs respective to 1.348, 7 billion yen (12,0 billion dollars) and 4,275, 6 billion yen (37,9 billion dollars), with decreases of the -20,4% and the -4,7% on the fiscal year precedence.

KHI has concluded the exercise 2016 with a turnover of 1.518, clearly 8 billion yen (- 1.4%), an operating profit of 46,0 billion yen (- 52.1%) and profit of clearly 26,2 billion yen (- 43.1%). In the single segment of the shipbuilding and the systems offshore the Japanese group has totaled a turnover of clearly 103,2 billion yen regarding 94,8 billion in the exercise a 2015 and operating result of sign negative and pairs to -21,4 billion yen respect to an operating result negative for -7,9 billion yen in fiscal year 2015.

The single navalmeccanica division of KHI has obtained new orders for a value of 36,9 billion yen, with a decrease of -62,5% regarding the 98,3 billion one yen in exercise 2015. The value of the pocketbook orders of group KHI on 31 March was pairs to 1.761, 8 billion yen (- 8.5%), of which 191,6 billion yen in the single segment of the navalmeccanica (- 26.3%).

The group MHOS has closed fiscal year 2016 with a turnover of 3.914, clearly 0 billion yen, with a decrease of the -3,3% on the exercise precedence. The profit clearly has attested 150,5 billion to yen (- 51.4%) and the profit to clearly 87,7 billion yen, with an increment of +37.5% on exercise 2015 producing mainly by extraordinary proceeds deriving from the sale of titles and assets for 114,9 billion yen. The result of 2016 includes also extraordinary losses for -34,3 billion yen deriving from the delays in the construction of cruise ships while in exercise 2015 analogous extraordinary losses for -103,9 billion yen were recorded.

In the exercise the 2016 Japanese group MHOS has obtained orders for the construction of nine ships regarding orders for 16 new ships in the exercise precedence. Al 31 last March the pocketbook orders in the navalmeccanico field was constituted by 31 ships (34), of which ten ships for which liquified natural gas, five ships for gas of oil on March 31, 2016 which liquified, five ships ro-ro and 11 ships of other type. Altogether the division Commercial Aviation & Transportation Systems, that it includes also the navalmeccanico segment, has confiscated new orders for a value of 191,9 billion yen regarding 392,1 billion yen in fiscal year 2015.