The performances of the three segments, Resources, Energy and Environment, Social Infrastructure and Offshore Facilities and Industrial Systems and General-Purpose Machinery, remained steady following the first quarter of FY2021. However, the impact of the shortage of semiconductors, the supply chain disruptions, and soaring steel prices and marine transportation costs have become apparent.
In Aero Engine, Space and Defense, sales of engines and spare parts for Civil aero engines increased gradually, and recovery from the impact of the spread of COVID-19 continued.
Free cash flows turned profitable in the first half of FY2021 due to the improvement of working capital, in addition to the sale of assets held in the first quarter in FY2021.
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IHI Corporation published this content on 09 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2021 06:12:11 UTC.
IHI Corporation is a diversified group organized around 5 areas of activity:
- sale of aircraft engines and spatial equipment (33% of net sales);
- manufacturing of industrial machines (29.1%): turbochargers, series production machines, iron and steel manufacturing equipment, etc. The group also develops a manufacturing of logistics automated systems activity;
- sale of energy production systems (25.3%): turbines, boilers, nuclear power plant components, etc.;
- naval construction (8.9%): primarily ships and bulk carriers. IHI Corporation also develops infrastructure construction materials manufacturing and real estate promotion activities, and provides offshore construction services;
- other (3.7%).
Net sales are distributed geographically as follows: Japan (51.9%), Asia (17.5%), the United States (22%), America (0.8%), Europe (6.9%) and other (0.9%).
IHI CORPORATION 
