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Investor Presentaiton

Consolidated Results for FY2020 1 -Segment- Sales and income decreased significantly in Aerospace Systems, which used to contribute most Income increased significantly in Motorcycle & Engine due to an increased sales of off-road models in North America and reductions of fixed costs (2) 1 (Billion Yen) Orders Received Net Sales Operating Income (Loss) FY2019 FY2020 Change FY2019 FY2020 Change 1 FY2019 FY2020 Change 1 Aerospace Systems 414.9 329.5 - 85.4 532.5 377.7 - 154.8 42.7 - 31.6 - 74.4 Energy System & Plant Engineering 252.3 219.0 - 33.3 242.9 240.1 2.8 17.5 13.4 - 4.1 Precision Machinery & Robot 218.8 259.4 + 40.5 217.3 240.8 + 23.4 12.2 14.0 + 1.8 Ship & Offshore Structure 56.2 98.1 + 41.8 71.6 79.4 + 7.7 - 0.6 - 3.0 2.4 Rolling Stock 125.7 77.0 - 48.7 136.5 133.2 - 3.3 - 3.8 - - 4.5 0.7 2 Motorcycle & Engine 337.7 336.6 1.0 337.7 336.6 1.0 - 1.9 11.7 + 13.7 Others 107.5 82.5 - 24.9 102.4 80.4 22.0 1.2 0.4 0.7 Eliminations and corporate? - 5.3 - 5.7 0.3 Total 1,513.5 1,402.4 - 111.0 1,641.3 1,488.4 - 152.8 62.0 - 5.3 67.3 "Eliminations and corporate" includes some expenses incurred at Head Office which were not allocated to each industry segment for internal reporting © Kawasaki Heavy Industries, Ltd. All Rights Reserved Kawasaki Powering your potential 4
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