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3 Details by Segment - Rolling Stock Net Sales (billion yen) Domestic & Asia North America - 41.9 36.1 34.5 13.2 29.1 12.6 12.4 12.3 40.6 38.6 38.8 38.1 39.0 36.8 11.6 32.3 32.3 31.7 12.0 14.9 8.9 8.2 8.1 6.0 4.6 23.3 6.8 22.0 28.7 29.0 29.9 30.1 20.4 28.6 27.7 26.6 26.3 24.8 23.5 7.8 23.9 22.1 6.0 6.9 16.8 15.5 16.0 13.5 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q FY2017 FY2018 FY2019 FY2020 9.1% 5.9% 0.0 3.3 -0.9- 0.9 0.0% - 3.2% 3.9% 3.1% - 0.8 - 0.6 1.2 1.4 1.2 - 3.5 3.2 2.1% - 1.7% - 3.5% - 4.5% 3.4% Operating Income (billion yen) - 35.3% © Kawasaki Heavy Industries, Ltd. All Rights Reserved 14.8 - 7.3 - 7.9 - 36.1% - 17.3% - 19.0% - 10.2% Kawasaki Powering your potential 33

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