Report of Earnings and Financial Statements for theThree Months Ended June 30, 2016 (Consolidated)(Prepared pursuant to Japanese GAAP)
July 29, 2016
Listed company’s name:

Kawasaki Heavy Industries, Ltd.

Listed on:
Stock code:
URL:
Representative:
Contact:
Tel:

1st sections of the TSE, and NSE
7012
http://www.khi.co.jp/
Yoshinori Kanehana, President
Hajime Asano, Senior Manager, Accounting Department+81 3-3435-2130

Scheduled dates:
Submission of quarterly securities filing:
Commencement of dividend payments:

August 4, 2016-

Supplementary materials to quarterly earnings:
Quarterly earnings presentation:

Available
Conducted (for institutional investors and analysts)

1. Consolidated Financial Results for the Three Months ended June 30, 2016
(April 1, 2016 – June 30, 2016)(Amounts in millions of yen rounded down to the nearest million yen)

(1) Operating Results
Net sales(Percentage figures represent changes versus the year-ago period)
Net income attributable
Operating income
Recurring profit
to owners of parent
million yen%
million yen%
million yen%

million yen%
Three Months Ended
339,859(0.0)
15,958
7.6
June 30, 2016
Three Months Ended
340,042
11.7
14,81935.9
June 30, 2015
Note: Comprehensive income: Three months ended June 30, 2016:
Three months ended June 30, 2015:
Earnings per shareyen
Three Months Ended
June 30, 2016
Three Months Ended
June 30, 2015

5,738

(62.6)

4,797(35.9)

15,358

129.4

7,492

38.3

(8,797) million yen(196.5)%
9,110 million yen
97.5%

Earnings per share– diluted
yen

2.87

-

4.48

-

(2) Financial Condition
Total assets

Net assets

million yen

million yen%

June 30, 2016

1,647,630

424,680

24.9

March 31, 2016

1,620,458

445,625

26.6

Note: Shareholders’ equity:

June 30, 2016: 411,315 million yen
March 31, 2016: 431,368 million yen

1Equity ratio

2. Dividends

Record date or term

End of firstquarteryen

End of second
quarteryen

Dividend per share
End of third
End of fiscal
quarter
year
yen
yen

Year ended
5.00
March 31, 2016
Year ending
March 31, 2017
Year ending March
4.00
31, 2017 (forecast)
Note: Revisions to the most recently announced dividend forecast: None

Full year
yen

7.00

12.00

6.00

10.00

3. Forecast of Consolidated Earnings for the Year Ending March 31, 2017
(April 1, 2016 – March 31, 2017)
Net sales(Percentage figures represent changes versus the year-ago period)
Net income
Earnings per
Operating income
Recurring profit
attributable to owners
shareof parent
million yen%
million yen%
million yen%
yenmillion yen%

For six months
endingSeptember 30,
2016

700,000(1.1)

22,000(47.9)

22,000(45.3)

14,500(46.0)

8.67

Full year

1,570,000

1.8

70,000(27.0)

69,000(25.9)

49,000

6.4

29.33

Note: Revisions to the most recently announced earnings forecast: None

Notes
1) Changes affecting the status of material subsidiaries (scope of consolidation): None2) Accounting procedures specific to preparation of quarterly consolidated financial statements: Yes*For further details, see “2. Summary Information (Notes) (2) Accounting procedures specific topreparation of quarterly consolidated financial statements ” on page 9 in the Accompanying
Materials.
3) Changes in accounting policies, changes in accounting estimates, and correction of errors(1) Changes in accounting policies in accord with revisions to accounting standards: None
(2) Changes in accounting policies other than (1): None
(3) Changes in accounting estimates: None
(4) Correction of errors: None

4) Number of shares issued and outstanding (common stock)(1) Number of shares issued as of period-end (including treasury stock)June 30, 2016:
1,670,805,320 shares
March 31, 2016:
1,670,805,320 shares(2) Number of shares held in treasury as of period-end
June 30, 2016:
232,163 shares
March 31, 2016:
228,992 shares(3) Average number of shares during respective periods
Three months ended June 30, 2016:
1,670,574,322 shares2Three months ended June 30, 2015:

1,670,606,948 shares

Quarterly review status
This report is exempt from the quarterly review of accounts conducted in accord with Japan’s Financial
Instruments and Exchange Act. As of this report’s publication, the quarterly review of the quarterly
financial results had not been completed.

Appropriate Use of Financial Forecasts and Other Important Matters
Forward-Looking Statements
These materials contain various forward-looking statements and other forecasts regarding performanceand other matters. Such statements are based on information available at the time of their preparation, anddo not mean that the Company promises to achieve these figures. Actual results may differ from thoseexpressed or implied by forward-looking statements due to a range of factors. For assumptions underlying
earnings forecasts and other information regarding the use of such forecasts, refer to “1. Qualitative
Information and Financial Statements(3) Consolidated earnings outlook ” on page 9 in the Accompanying
Materials.
How to Obtain Supplementary Briefing Material on Quarterly Financial Results and Details of theQuarterly Financial Results Briefing
The Company plans to conduct a briefing for institutional investors and analysts by conference call on
Friday July 29, 2016, and to post the briefing material on quarterly financial results to be used for thebriefing on TDnet and the Company’s website simultaneously with the announcement of financial results.

3

Accompanying Materials – Contents
1. Qualitative Information and Financial Statements

5(1) Consolidated operating results

5(2) Consolidated financial position

8(3) Consolidated earnings outlook

9

2. Summary Information (Notes)

9(1) Changes affecting the status of material subsidiaries (scope of consolidation)

9(2) Accounting procedures specific to preparation of quarterly consolidated financial statements

9(3) Changes in accounting policies, changes in accounting estimates, and correction of errors

10(4) Additional information

10

3. Consolidated Financial Statements

11(1) Consolidated balance sheets

11(2) Consolidated statements of income and comprehensive income

13(Consolidated statements of income for the three months ended June 30, 2016)13(Consolidated statements of comprehensive income for the three months ended June 30, 2016)13(3) Notes on financial statements

14(Notes on the going-concern assumption)

14(Notes on significant changes in the amount of shareholders’ equity)

14(Related to consolidated statements of income)14(Segment information and others)

14

4. Supplementary Information

15(1) Consolidated cash flow statements (condensed)

15(2) Orders and sales (consolidated)

16(3) Net sales by geographic area (consolidated)

174

1. Qualitative Information and Financial Statements(1) Consolidated operating results
In the first three months of the fiscal year ending March 31, 2017, the global economy continues
to grow modestly, with growth centered on the U.S. On the other hand, it is relatively lacking invigor due to the economic slowdown in emerging countries and resource-rich countries, especiallyChina. In addition, future economic prospects have become increasingly uncertain in conjunction
with the international market turmoil caused by as well as concerns about Brexit’s future negative
impacts on the real economy. Going forward, these risks with the potential to drag down the global
economy must continue to be watched.
The Japanese economy remains at a standstill due to the decline in external demand, lackluster
personal consumption, and other factors. Going forward, the economy is expected to grow modestly
overall due to steady improvement in the income and employment environments. However, there areconcerns that the yen’s rapid appreciation since the start of the year will negatively impact corporate
earnings, particularly among exporters, and hurt business sentiment.
Amid such an operating environment, the Group’s orders received in the first quarter declined
versus the same period of the previous fiscal year, mainly in the Plant & Infrastructure segment. Net
sales in the first quarter were on par with the same period of the previous fiscal year, as the decline
in sales resulting from the assignment of the construction machinery business was offset by theincrease in sales in Plant & Infrastructure, Ship & Offshore Structure and other segments. There wasan increase in operating income due to higher profit in the Motorcycle & Engine, Aerospace, andother segments, while recurring profit and net income attributable to owners of parent fell due to anincrease in foreign exchange losses and other factors.
The Group’s consolidated orders received decreased by ¥85.1 billion year on year to ¥258.6
billion, consolidated net sales totaled ¥339.8 billion, which was on par with the same period of theprevious year, consolidated operating income increased by ¥1.1 billion year on year to ¥15.9 billion,
consolidated recurring profit decreased by ¥9.6 billion year on year to ¥5.7 billion, and net income
attributable to owners of parent decreased by ¥2.6 billion year on year to ¥4.7 billion.

5

First-quarter consolidated operating performance is summarized by segment below.

Segment Information
Segment net sales, operating income, and orders received (billion yen)Three months ended June 30

2015 (A)

Orders received

Change (B – A)

2016 (B)Three months ended
June 30

Net

OperatingNet

OperatingNet

Operating

2015

2016

Changesales

incomesales

incomesales

income(A)(B)(B – A)

Ship & Offshore
Structure

23.4

(0.5)

31.1

0.6

7.6

1.2

17.2

2.2

(14.9)

Rolling Stock

32.1

1.5

28.8

0.7

(3.3)

(0.7)

46.9

23.2

(23.6)

Aerospace

76.0

8.4

80.0

9.5

4.0

1.0

52.6

41.6

(10.9)

51.9

3.6

49.1

3.2

(2.8)

(0.3)

35.2

50.6

15.4

23.4

(0.1)

31.7

0.6

8.2

0.7

55.3

18.0

(37.3)

72.1

(1.0)

69.2

0.3

(2.8)

1.3

72.1

69.2

(2.8)

Machinery

29.9

1.8

32.9

2.1

2.9

0.2

31.1

33.1

1.9

Other

30.7

0.8

16.7

0.7

(14.0)

(0.1)

32.9

20.2

(12.7)

-

0.2

-

(1.9)

-

(2.1)

-

-

-

340.0

14.8

339.8

15.9

(0.1)

1.1

343.7

258.6

(85.1)

Gas Turbine &Machinery
Plant &
Infrastructure
Motorcycle &EnginePrecision

Adjustments
Total

Notes: 1. Net sales include only sales to external customers.
2.The Motorcycle & Engine segment’s orders received are equal to its net sales as production is based mainlyon estimated demand.

Ship & Offshore Structure
Consolidated orders received fell ¥14.9 billion year on year to ¥2.2 billion, due to the drop in
demand for newly-built ships.
Consolidated net sales increased ¥7.6 billion year on year to ¥31.1 billion, due to an increase in
the amount of shipbuilding of LNG carriers, LPG carriers and submarines, along with other factors,
despite the impact of the appreciation of the yen.
Consolidated operating income improved ¥1.2 billion year on year to ¥0.6 billion, attributable tothe increase in sales, the reversal of allowance for doubtful receivables resulting from theappreciation of the yen, and other factors.

6

Rolling Stock
Consolidated orders received declined ¥23.6 billion year on year to ¥23.2 billion, as a large orderfor North America was received in the same quarter of the previous fiscal year.
Consolidated net sales fell ¥3.3 billion year on year to ¥28.8 billion, due to the decline in rollingstock parts for overseas markets and other factors.
Consolidated operating income fell ¥0.7 billion year on year to ¥0.7 billion, due to the drop insales and profit margin, along with other factors.
Aerospace
Consolidated orders received fell ¥10.9 billion year on year to ¥41.6 billion, due to the impact of
the yen’s appreciation, the decline in component parts for commercial aircraft, and other factors.
Consolidated net sales increased ¥4.0 billion year on year to ¥80.0 billion, due to the increase insales to the Ministry of Defense, a continued high level of sales of component parts for commercial
aircraft, and other factors, despite the impact of the yen’s appreciation.
Consolidated operating income increased ¥1.0 billion year on year to ¥9.5 billion, due to theincrease in sales and other factors.
Gas Turbine & Machinery
Consolidated orders received increased ¥15.4 billion year on year to ¥50.6 billion, due to theincrease in orders received for gas engines for the domestic market and other factors.
Consolidated net sales fell ¥2.8 billion year on year to ¥49.1 billion, due to the decline in sales tothe Ministry of Defense, the impact of the yen’s appreciation and other factors, despite the increasein component parts of commercial aircraft jet engines.
Consolidated operating income fell ¥0.3 billion year over year to ¥3.2 billion, as a result of thedecline in sales.
Plant & Infrastructure
Consolidated orders received declined ¥37.3 billion year on year to ¥18.0 billion, as large orders,
including municipal refuse incineration plants for the domestic market, were received in the same
period of the previous fiscal year.
Consolidated net sales increased ¥8.2 billion year on year to ¥31.7 billion, due to an increase inconstruction work volume on a chemical plant for an overseas market.
Consolidated operating income increased ¥0.7 billion year on year to ¥0.6 billion, due to theincrease in sales.

7Motorcycle & Engine
Consolidated net sales declined ¥2.8 billion year on year to ¥69.2 billion due to the impact of the
yen’s appreciation, the decline in general-purpose gasoline engines, and other factors, despite theincrease in sales of motorcycles for developed countries and automobiles.
Consolidated operating income increased ¥1.3 billion year on year to ¥0.3 billion, due to theimprovement in the model mix and other factors, despite the drop in profit resulting from the decline
in sales.
Precision Machinery
Consolidated orders received increased ¥1.9 billion year on year to ¥33.1 billion, due to theincrease in industrial robots and other factors.
Consolidated net sales increased ¥2.9 billion year on year to ¥32.9 billion, due to an increase insales of industrial robots, hydraulic components, and other factors.
Consolidated operating income increased ¥0.2 billion to ¥2.1 billion, due to the increase in sales.
Other Operations
Consolidated net sales fell ¥14.0 billion year on year to ¥16.7 billion, due to the assignment of theconstruction machinery business and other factors.
Consolidated operating income was ¥0.7 billion, on par with the same period of the previous
fiscal year.

(2) Consolidated financial position
At June 30, 2016, consolidated assets totaled ¥1,647.6 billion, an increase of ¥27.1 billion fromMarch 31, 2016. This was attributable to an increase in trade receivables. Liabilities as of June 30,
2016, totaled ¥1,222.9 billion, a ¥48.1 billion increase versus March 31, 2016, due to the increase incommercial paper and other interest-bearing debt, despite the decline in trade payables.
Interest-bearing debt increased ¥86.2 billion to ¥484.6 billion. Net assets fell ¥20.9 billion to ¥424.6
billion, due to the decline in foreign currency translation adjustments in conjunction with the yen’s
appreciation, dividend payments, and other factors.

8(3) Consolidated earnings outlook
The business environment surrounding the Group has become increasingly uncertain, as despite
expectations for continued moderate growth centered on the U.S., there are concerns about the
impacts of the economic slowdown in emerging countries along with crude oil price movements, inaddition to turmoil in international financial markets due to Brexit and worries about an overall
global economic downturn, among other concerns. Given this kind of environment, the Company
has decided to spend more time analyzing the future outlook. Consequently, the Company has left its
earnings forecasts for the fiscal year ending March 31, 2017 unchanged from the values previously
announced on April 27, 2016.
Given the extremely unstable conditions in the foreign exchange market, the Company has left theexchange rates used in making these earnings forecasts unchanged from the previously announced
values. As such, the Company’s earnings forecasts assume exchange rates of ¥110 to the U.S. dollar
and ¥125 to the euro.

Note regarding consolidated earnings outlook
The above earnings outlook is based on information available at the time of preparation, andincludes risks and uncertainties. We therefore discourage making investment decisions depending
solely on this outlook. Actual earnings may differ materially from this outlook, due to a variety ofimportant factors stemming from changes the external environment and/or the Company’s internal
environment. Important factors that impact actual operating performance include, but are not limited
to, the economic situation surrounding the Company’s scope of business, foreign exchange rates, inparticular the yen/dollar exchange rate, tax codes and other regulatory system-related issues.

2. Summary Information (Notes)(1) Changes affecting the status of material subsidiaries (scope of consolidation)
Not applicable(2) Accounting procedures specific to preparation of quarterly consolidated financial statements
The Company calculates tax expense by rationally estimating its effective tax rate after
application of deferred-tax accounting to pretax net income for the fiscal year, which includes thefirst quarter under review, and multiplying quarterly pretax net income by said estimated effective
tax rate. If unable to use the estimated effective tax rate, the Company calculates tax expense bymultiplying the statutory effective tax rate by quarterly pretax net income adjusted to reflect material
differences other than temporary differences.
Income taxes are reported inclusive of income tax adjustments.

9(3) Changes in accounting policies, changes in accounting estimates, and correction of errors
Not applicable(4) Additional information(Application of the Implementation Guidance on Recoverability of Deferred Tax Assets)
The Implementation Guidance on Recoverability of Deferred Tax Assets (ASBJ Guidance No. 26,
March 28, 2016) has been applied starting with the first quarter ended June 30, 2016.

10

3. Consolidated Financial Statements(1) Consolidated balance sheets
Million yen
As of
As of
March 31, 2016
June 30, 2016
AssetsCurrent assets
Cash on hand and in banks
Trade receivables
Merchandise and finished products
Work in process
Raw materials and supplies
Other
Allowance for doubtful receivables

42,157
381,339
57,092324,915
110,956
104,019(2,578)1,017,903

39,131
401,377
50,445
339,444108,989
116,247(2,307)
1,053,328

436,557
15,475433,500
15,098160,423(9,902)
150,521602,554
1,620,458

154,542(8,838)145,703594,301
1,647,630

Liabilities
Current liabilities
Trade payables
Electronically recorded obligations-operating
Short-term debt
Income taxes payable
Accrued bonuses
Provision for product warranties
Provision for losses on construction contracts
Advances from customers
Other
Total current liabilities

233,979
3,756
87,79820,060105,891
18,71910,889310,775
25,13812,642
7,926
170,454
112,990
767,711

203,31294,805105,256
5,984
27,83012,394
7,687
169,568
202,963
829,802

Long-term liabilities
Bonds payable
Long-term debt
Provision for environmental measures
Net defined benefit liability
Other
Total long-term liabilities
Total liabilities

120,000
160,809
1,693
90,78933,828407,120
1,174,832

110,000
159,572
1,269
89,43832,867393,147
1,222,949

Total current assets
Fixed assets
Net property, plant and equipment
Intangible assets
Investments and other assets
Other
Allowance for doubtful receivables
Total investments and other assets
Total fixed assets
Total assets

11

Net assets
Shareholders’ equity
Common stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders’ equity

104,484
54,394
279,627(86)
438,419

104,484
54,394
272,723(87)
431,514

Accumulated other comprehensive income
Net unrealized gains (losses) on securities, net of tax
Deferred gains (losses) on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total net assets and liabilities

2,705
692
8,990
(19,439)(7,051)
14,257445,625
1,620,458

1,994
1,104
(4,770)(18,526)(20,198)
13,364
424,680
1,647,630

12

(2) Consolidated statements of income and comprehensive income
Consolidated statements of income
Million yen
Three months ended
June 30, 2015
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Salaries and benefits
R&D expenses
Other
Total selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividend income
Equity in income of non-consolidated subsidiaries and affiliates
Gain on sale of fixed assets
Reversal of allowance for doubtful accounts
Other
Total non-operating income
Non-operating expenses
Interest expense
Foreign exchange losses
Other
Total non-operating expenses
Recurring profit
Extraordinary income
Gain on sale of fixed assets
Total extraordinary income
Income before income taxes
Income taxes
Net income
Net income attributable to non-controlling interests
Net income attributable to owners of parent

Three months ended
June 30, 2016

340,042
281,225
58,816

339,859
280,201
59,65812,466
8,620
22,90943,996
14,81912,097
9,414
22,18843,70015,958

167
127
250
615
66
924
2,152

141
121
929
676
1,212
576
3,657

883
276
452
1,613
15,358722
11,382
1,773
13,878
5,738

15,358
7,568
7,790
297
7,492

(1*) 2,202
2,202
7,940
2,854
5,085
288
4,797

Consolidated statements of comprehensive income
Million yen
Three months ended
June 30, 2015
Net income
Other comprehensive income
Net unrealized gains (losses) on securities
Deferred gains (losses) on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Share of other comprehensive income of associates accounted
for using equity method
Total other comprehensive income
Comprehensive Income attributable to:
Owners of parent
Non-controlling interests

13

Three months ended
June 30, 2016

7,790

5,085

416
39
662
332

(730)
415
(10,497)
931

(130)

(4,002)

1,320
9,110
8,801
309

(13,882)(8,797)(8,349)(447)

(3) Notes on financial statements

Notes on the going-concern assumption
Not applicable
Notes on significant changes in the amount of shareholders’ equity
Not applicable
Related to consolidated statements of income(1*)Gain on sale of fixed assets
Three months ended June 30, 2016 (April 1, 2016 – June 30, 2016)
In conjunction with the sale of the land and building of the Company’s Tokyo office.

Segment information and others
Segment information
1. Three months ended June 30, 2015 (April 1, 2015 – June 30, 2015)(1) Sales and income (loss) by reportable segment
Million yen

Ship & Offshore Structure
Rolling Stock
Aerospace
Gas Turbine & Machinery
Plant & Infrastructure
Motorcycle & Engine
Precision Machinery
Other
Reportable segment total
Adjustments*1
Consolidated total
Notes: 1. Breakdown of adjustments:

External sales

Intersegment
sales

Total sales

Operatingincome (loss)

23,48432,15576,03851,97023,49972,11529,98530,792340,042
340,042

683
126
344
3,309
2,574
167
3,269
8,443
18,918(18,918)-

24,16832,282
76,38255,28026,07372,28333,25539,235358,961(18,918)
340,042

(591)
1,500
8,477
3,619
(120)
(1,025)
1,869
864
14,594225
14,819Million yen
IncomeAmountIntersegment transactions(83)
Corporate expenses*
308
Total
225
*Corporate expenses mainly comprise general and administrative expenses not attributed to reportablesegments.
2. Segment income adjustments are based on operating income reported on the consolidated statements
of income for the corresponding period.

(2) Impairment loss on fixed assets and goodwill by reportable segment
Not applicable142. Three months ended June 30, 2016 (April 1, 2016 – June 30, 2016)(1) Sales and income (loss) by reportable segment
Million yen

Ship & Offshore Structure
Rolling Stock
Aerospace
Gas Turbine & Machinery
Plant & Infrastructure
Motorcycle & Engine
Precision Machinery
Other
Reportable segment total
Adjustments*1
Consolidated total
Notes: 1. Breakdown of adjustments:

External sales

Intersegment
sales

Total sales

Operatingincome (loss)

31,15528,80180,054
49,107
31,771
69,28832,945
16,735339,859
339,859

468
8
600
3,142
2,041
198
3,039
7,875
17,375(17,375)-

31,62328,81080,65452,24933,813
69,48735,984
24,610357,235(17,375)
339,859

614
711
9,573
3,246
611
331
2,135
700
17,926(1,968)15,958Million yen
AmountIncomeIntersegment transactions
Corporate expenses*(22)(1,945)

Total(1,968)* Corporate expenses mainly comprise general and administrative expenses not attributed to reportablesegments.
2. Segment income adjustments are based on operating income reported on the consolidated statements
of income for the corresponding period.

(2) Impairment loss on fixed assets and goodwill by reportable segment
Not applicable

4. Supplementary information(1) Consolidated cash flow statements (condensed)
Million yen
Three months ended
June 30, 2015
Cash flow from operating activities
Cash flow from investing activities
Cash flow from financing activities
Cash and cash equivalents at end of period(67,444)(20,850)
84,38142,865

15

Three months ended
June 30, 2016
(70,326)(13,032)
78,43935,165

(2) Orders and sales (consolidated)
Orders received
Three months ended
June 30, 2015

Three months ended
June 30, 2016

Year ended
March 31, 2016

million yen% of total
million yen% of total
million yen% of total
Ship & Offshore Structure
17,259
5.0
2,298
0.8
98,394
5.8
Rolling Stock46,97613.6
23,2839.0
132,133
7.8
Aerospace
52,673
15.3
41,69016.1
464,286
27.4
Gas Turbine & Machinery
35,22510.2
50,652
19.5
288,903
17.0
Plant & Infrastructure
55,39416.1
18,044
6.9
138,775
8.1
Motorcycle & Engine
72,11520.9
69,28826.7
333,595
19.6
Precision Machinery
31,1309.0
33,121
12.8
133,191
7.8
Other32,947
9.5
20,223
7.8
104,407
6.1
Total
343,723100.0
258,604
100.0
1,693,687
100.0
Note: The Motorcycle & Engine segment’s orders received are equal to its net sales as production is based mainlyon estimated demand.

Net sales

Ship & Offshore Structure
Rolling Stock
Aerospace
Gas Turbine & Machinery
Plant & Infrastructure
Motorcycle & Engine
Precision Machinery
Other
Total

Three months ended
June 30, 2015
million yen% of total
23,4846.9
32,155
9.4
76,03822.3
51,97015.2
23,4996.972,11521.2
29,9858.8
30,7929.0
340,042
100.0

Three months ended
June 30, 2016
million yen% of total
31,1559.1
28,801
8.4
80,054
23.5
49,10714.4
31,771
9.3
69,28820.3
32,945
9.6
16,735
4.9
339,859
100.0

Year ended
March 31, 2016
million yen% of total
94,8886.1
146,6469.5
351,858
22.8
236,445
15.3
135,6688.8
333,595
21.6
133,175
8.6
108,8177.0
1,541,096
100.0Year ended
March 31, 2016
million yen% of total
259,92113.4
375,72919.5
608,352
31.5
381,78719.8
255,944
13.2
26,358
1.3
17,8630.9
1,925,957
100.0

Three months ended
June 30, 2016
million yen% of total
220,41312.1
351,393
19.4
560,51230.9
366,04620.2
264,604
14.6
26,534
1.4
21,3521.1
1,810,857
100.0

Three months ended
June 30, 2015
million yen% of total
260,40714.1
428,608
23.2
484,66326.2
323,275
17.5
290,129
15.7
27,471
1.4
30,6901.6
1,845,246
100.0

Order backlog

Ship & Offshore Structure
Rolling Stock
Aerospace
Gas Turbine & Machinery
Plant & Infrastructure
Motorcycle & Engine
Precision Machinery
Other
Total

16

(3) Net sales by geographic area (consolidated)
Three months ended June 30, 2015 (April 1, 2015 – June 30, 2015)
Japan
United States
EuropeAsia
Other areas
Total

Million yen
38.3%
27.1%
10.1%
15.1%
9.1%
100.0%

130,340
92,29334,59751,64831,162340,042

Three months ended June 30, 2016(April 1, 2016 – June 30, 2016)
Japan
United States
EuropeAsia
Other areas
Total

Million yen
38.7%
26.5%
12.6%
14.2%
7.7%
100.0%

131,728
90,36443,08348,383
26,299339,85917