Investor Presentaiton

3 Details by Segment - Ship & Offshore Structure - FY2020 (vs. FY2019) Orders received Net Sales Operating income Increased due to orders received for a submarine for MOD and other factors (orders for 4 LPG carriers in 'FY19 and 4 in FY'20) Increased due to an increase in a construction works of submarine for MOD and other factors Deteriorated due to the occurrence of operation losses and other factors, despite an increase in revenue FY2021 (vs. FY2020) See page 39 for the new segment "Energy solutions and Marine Engineering" Orders received (billion yen) FCST in Feb 100.0 Net Sales (billion yen) Operating Income (billion yen) FCST in Feb 80.0 FCST in Feb -3.5 4.7 81.1 56.2 98.1 95.6 78.9 79.4 71.6 - 3.8 1.0 - 0.6 - 3.0 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 © Kawasaki Heavy Industries, Ltd. All Rights Reserved Kawasaki Powering your potential 27

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