Microsoft Word - Statement Regarding Media Reports on 1H Earnings.doc

(English Translation)

IHI Corporation

October 23, 2014
Representative: Tamotsu Saito
President and Chief Executive Officer
Securities code: 7013
Contact: Kiyoshi Baba
PR/IR Manager
Phone: +81-3-6204-7030

Statement Regarding Media Reports on 1H Earnings

We note today's media reports, highlighting that IHI Corporation likely posted ordinary income of approximately 29 billion yen and net income of approximately 19 billion yen for the first half of fiscal 2014, leading to expectations that the full-year earnings would exceed forecast. IHI has made no announcement in this regard.
As stated in the media reports, the weaker-than-expected yen as of September end has likely increased ordinary income and net income. However, these figures, along with the full-year earnings forecast, are currently being examined.
We expect to announce the first half results for fiscal 2014 on November 5, 2014.

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