• Bloomberg

  • SHARE

IHI Corp., Japan’s third-biggest maker of heavy equipment, said Friday its first-half losses increased threefold after underestimating engineering and project costs.

The net loss expanded to ¥37.3 billion in the six months to Sept. 30, from a restated ¥10.1 billion loss a year earlier, the Tokyo-based company said Friday. Sales rose 5.6 percent to ¥546.4 billion.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW