Hello, this is Kozawa speaking. I would reading this presentation to make a presentation about financial results. On slide number 2 shows the contents of this presentation. First of all, this is the overview of the financial results. Please refer to slide 4. We show the major financial indicators here. The summary is, the highlights are based on slide 5. To give you some highlights. In terms of order intake and revenue, have increased from the previous year. Specifically for the order intake growth has been substantial, beginning with the second quarter, we have seen a strong trend. The GTCC, compared to the previous year, has increased by 57% to JPY 536.8 billion. Excluding the Plants & Infrastructure Systems segment, we add all segments.
The revenues have declined slightly in the Plants & Infrastructure Systems segment, but for the other segments it has increased. The order intake and the revenues, due to the input coming from the foreign configurations, has increased by JPY 240 billion effectively. Even excluding this factor, we think that both items have increased. In terms of profit, we have here have been continuing rise in the material and logistic costs on top of last, the logistic cost and the fuel cost has increased. There has been a one-off in expenses coming from some businesses, so there has been a negative impact. Having said that, the revenue increase, price optimization, fixed cost, reduction, and the impact of the weaker yen of the business profit and the net profit has increased.
In terms of interest-bearing debt, compared to the previous year, has improved greatly. The DE ratio and the shareholder equity ratio has shown a high level of fiscal health. Slide six and onwards, this is more of a detail about our financial results. Number seven is a chart. This is a repetition, so I will not go into this. Please to slide eight. This is a balance sheet and the cash flow. In terms of total assets, from the end of April 2022 has increased by JPY 3,361.3 billion to JPY 5,476.6 billion. The contents of the increase was the due to the weaker yen, the foreign currency gain obviously has increased by JPY 885 billion. The cash on hand has increased by JPY 15 billion.
Things that on this chart, inventories and trade receivables has increased substantially. Again, this is coming from the impact of the forex translation. Excluding this, basically the change is in range in a normal year. With the cash flow, compared to the previous year, it's declined by JPY 65.1 billion. The cash out was JPY two hundred and sixty-thirteen point three billion. The reduction of the investment cash flow is that the gains coming from the sales of real estate and marketable securities has decreased compared to the previous year. The decrease of operating cash flow is that the payment of the corporate tax has increased compared to the previous year. Excluding these factors, the operating cash flow has improved. Please turn to slide nine. Year-over-year comparison of the business profit, what I would like to explain.
On the bar chart on the very left, if FY2021 3rd quarter business profit was JPY 80.8 billion. The LPD&E and aviation businesses has led to increased revenue, and this was at JPY 31 billion. On the other hand, material costs and logistics costs have increased, and there was a disruption of the supply chain, and this led to product investment, and this led to a decline of profit by JPY 13 billion. This minus JPY 13 billion includes the improvement of JPY 28 billion through price optimization. On the bar next to it, we have the one time impact of Sempra business and other. I have talked about this in the financial meeting the 2nd quarter, there has been a decrease from the previous year from the high volume business.
This year there is a organizational transformation cost in Europe. On top of that, in the third quarter, there has been some additional costs for the organizational transformation and some one-off expenses with the international projects. With these are the factors written here, the business for this quarter is JPY 105.2 billion. On slide 10, you see the summary of the order intake revenue profit by each segment. From now on, I would like to give you more details about the segment situation. On slide 11, you see the status of the Energy Systems segment. Order intake, revenue, and profit all exceeded the previous year.
As you can see on the numbers that are shown at the bottom of this graph, GTCC, aero engine, nuclear power, businesses are showing steady progress. Recently, with regards to the full year profit forecast, we have lowered that by JPY 10 billion to JPY 110 billion. This is mainly due to the complaints related to the international project and also making additional provisions considering the unstable operation of IGCC. On slide 12, we show Plants & Infrastructure segment. Order intake, engineering, merchant vessels have reduced compared to the previous year. For metal machinery that was continuing with good progress, struggled in the third quarter. However, on a nine-month cumulative basis, it's still exceeding the previous year level.
Sales, there is large impact from the sales reduction of engineering compared to the previous year and went down by JPY 4 billion. For the business profit, we see a good impact from the sales increase of metal machinery, achieving profit growth. For slide 13, you see the LT&D segment status. As a segment in total, order intake and sales are progressing steadily. However, for the business profit, it went down slightly. For order intake and revenue, we see a significant increase compared to the previous year. Logistics systems, HVAC engines, the FX rate or the taking out the FX impact or the price increase, we're seeing increase on a volume basis.
In terms of the profit, until the second quarter, the material, the logistic cost increase have been captured through the sales price increase, which had not caught up. Finally, we're starting to see improvement. It's not only on the material, but the profit for three months when you compare compared to the previous year. First quarter was lower by 8 billion JPY. The second quarter was 1.8 billion JPY positive. In the third quarter, it was positive 5.7 billion JPY. We're seeing a continuous improvement. On slide 14, you see the status for ADS. The commercial aviation Tier 1 business, we saw increase in shipment for freighters and business jets.
On top of that, due to the weaker yen, we saw increase in sales and profit, and we're seeing solid progress of defense business. Taking the progress of the third quarter into account, we have increased the full year forecast by JPY 10 billion and raised the profit forecast to JPY 40 billion. Between slide 15 to 17, you see the forecast for FY2022. As I mentioned earlier, for orders, revenue, profit, we're not changing the current guidance, but we have partially revised the full year profit forecast for the segment. In terms of the undetermined foreign currency amount, looking at the current status, we are changing the assumption of FX rate to JPY 130 to a dollar.
Please read the specific numbers on the chart. That will be all for the explanation from myself around the financials. I will skip some of the numbers on the appendix, please jump to page 23. Today, we have showed you some disclosure material, but starting from last evening, we saw a lot of reports on the media. In today's board meeting, we have officially decided the discontinuation of SpaceJet development. Please refer to the details on the slides in front of you. That will be all for the explanation from my side. Thank you very much.