Second-quarter figures from Kawasaki Heavy Industries show the giant Japanese industrial conglomerate is still losing money in its shipbuilding division.

KHI revealed a ¥5.1bn ($45m) operating deficit during the period ending 30 September, which is an improvement on the ¥16.4bn that the Japanese shipbuilder lost in the same quarter of the prior fiscal year.

But that second-quarter operating deficit in 2016 included a ¥4.7bn