Page 1

Report of Consolidated Financial Results For the Three Months Ended June 30 , 2021 August 4 , 2021 Name of Company : Hitachi Zosen Corporation Code Number : 7004 URL : https://www.hitachizosen.co.jp Stock Exchange Listing : Tokyo Representative : Sadao Mino , President & Chief Operating Officer Contact Person : Tetsuro Iwashita , Executive Officer , General Manager of Accounting Department tel . + 81-6-6569-0001 This " Consolidated Financial Results " has been prepared in accordance with accounting principles generally accepted in Japan . ( Figures are rounded down to the nearest million yen . ) 1. Business results and financial position for the three months ended June 30 , 2021 ( April 1 - June 30 , 2021 ) ( 1 ) Results of operations ( Accumulated ) ( Percentages show rates of increase or decrease from the period a year earlier . ) Net sales ( million yen ) ( % ) Operating income ( million yen ) ( % ) Ordinary income ( million yen ) ( % ) ( million yen ) Profit attributable to shareholders of Hitachi Zosen ( % ) 3 months ended Jun . 30 , 2021 80,434 6.4 -2,028 -2,661 -2,649 3 months ended Jun . 30 , 2020 75,567 6.5 -4,066 -4,857 -3,648 3 months ended Jun . 30 , 2021 3 months ended Jun . 30 , 2020 ( 2 ) Financial position As of June 30 , 2021 Net income per share Net income per share - diluted ( yen ) ( yen ) -15.72 -21.65 Total assets ( million yen ) Net assets ( million yen ) Shareholders ' equity to total assets ( % ) 122,569 29.9 403,401 429,336 As of March 31 , 2021 128,167 ( Note ) Shareholders ' equity : Yen 120,748 million ( June 30 , 2021 ) , Yen 126,330 million ( March 31 , 2021 ) 29.4 2. Dividends Record Date Interim Year ended March 31 , 2021 0.0 Year ending March 31 , 2022 Year ending March 31 , 2022 ( Forecast ) 0.0 Dividends per share ( yen ) Year - end Annual 12.0 12.0 ( Note ) Revisions to the dividends forecast most recently announced : None 12.0 12.0