Key Developments: Kawasaki Heavy Industries Ltd (KWHIY.PK)
10.01USD
1 Jun 2012
$-0.39 (-3.75%)
$10.40
$10.01
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500
422
$16.04
$9.20
Latest Key Developments
Kawasaki Heavy Industries, Ltd. to Issue Year-end Dividend for FY 2011
Kawasaki Heavy Industries, Ltd. announced that it has decided to issue a year-end dividend of JPY 3 per share, in line with the latest forecast of JPY 3 per share, disclosed on April 28, 2011, to all the shareholders of record as of March 31, 2011, effective June 29, 2011. Full Article
Kawasaki Heavy Industries, Ltd. Expects Extraordinary Loss for FY 2011; Amends Consolidated Full-year Outlook for FY 2011
Kawasaki Heavy Industries, Ltd. announced that it is expecting an extraordinary loss of JPY 9,923 million, as impairment loss of fixed assets, for the fiscal year ended March 31, 2011. The Company has also lowered the consolidated full-year outlook of revenue from JPY 1,280,000 million to JPY 1,226,900 million, net profit from JPY 29,000 million to JPY 25,800 million and earning per share from JPY 17.36 to JPY 15.45, but has raised the consolidated full-year outlook of operating profit from JPY 40,000 million to JPY 42,600 million and ordinary profit from JPY 46,000 million to JPY 49,100 million for the fiscal year ended March 31, 2011. The negative outlook of net profit is mainly due to the record of extraordinary loss. Full Article
Kawasaki Heavy Industries, Ltd. In Collaboration With Alstom Transport SA And CTCI Corporation Secure Taiwan Order For Train System-DJ
Dow Jones reported that Kawasaki Heavy Industries Ltd. has won a joint order with Alstom Transport SA of France and CTCI Corporation of Taiwan to supply a train system to the Taiwanese city of Taichung. This roughly YEN29.5 billion order will be delivered to the Taipei city government's Department of Rapid Transit Systems by October 2017. The 18-station system will span 16.71 kilometers in Taichung, serving this area with driverless two-car trains. Kawasaki Heavy will oversee construction of the entire system and supply 36 cars, along with maintenance service. Alstom will handle the signal system, while CTCI will supply the electrical system. Full Article
Kawasaki Heavy Industries, Ltd. Raises Consolidated Full-year Outlook for FY Ending March 2011
Kawasaki Heavy Industries, Ltd. announced that it has maintained its consolidated full-year outlook for revenue of JPY 1,280,000 million, but raised the outlook for operating profit from JPY 32,000 million to JPY 40,000 million, ordinary profit from JPY 32,000 million to JPY 46,000 million, net profit from JPY 20,000 million to JPY 29,000 million and earning per share from JPY 11.97 to JPY 17.36 for the fiscal year ending March 2011.The Company raised the outlook due to the cost reduction and the improved productivity, among others. According to Reuters Estimates, analysts on average are expecting the Company to report full-year revenue of JPY 1,284,668.75 million and net profit of JPY 23,085.00 million. Full Article
Walchandnagar Industries Ltd. Announces Collaboration Agreement With Kawasaki Heavy Industries, Ltd.
Walchandnagar Industries Ltd. announced that Walchandnagar Industries Ltd. has entered Into a Collaboration Agreement with Kawasaki Heavy Industries, Ltd. (Kawasaki of Japan for the sale and manufacture of Flow Dynamic Conveyor (FDC) in India. FDC is a technically advanced Product, used for conveying bulk materials in environmentally protected areas, as well as, earning carbon credits. The Product will suit the present / future Indian environment laws. The said agreement has become effective on October 28, 2010. Walchandnagar Industries Ltd. and Kawasaki believe that this Collaboration will open up strong opportunities for both companies in India in the field of Mining and Bulk Materials Handling. Full Article
Kawasaki Heavy Industries, Ltd. Amends Consolidated Mid-year Forecast for FY Ending March 2011
Kawasaki Heavy Industries, Ltd. announced that it has lowered the consolidated mid-year forecast for revenue from JPY 580,000 million to JPY 571,700 million, but raised the forecast for operating profit from JPY 15,000 million to JPY 20,900 million, ordinary profit from JPY 14,000 million to JPY 21,200 million, net profit from JPY 7,000 million to JPY 12,300 million and earning per share from JPY 4.19 to JPY 7.37 for the fiscal year ending March 31, 2011. Full Article
R&I Affirms Kawasaki Heavy Industries, Ltd.'s Rating at "A-"; Rating Outlook Negative
Rating and Investment Information, Inc. (R&I) announced that it has affirmed the rating on Kawasaki Heavy Industries, Ltd. at "A-". The rating outlook is negative. Full Article
Marubeni Corporation And Kawasaki Heavy Industries, Ltd.'s Kawasaki Plant Systems Ltd To Supply Power Generation In Turkey-DJ
Dow Jones reported that Marubeni Corporation and Kawasaki Heavy Industries, Ltd.'s subsidiary have signed an agreement to supply a waste-heat power generation system for a cement plant in Turkey, a deal worth JPY1 billion, the Nikkei reported. Under the agreement with Turkish cement maker Cimsa Cimento Sanayi ve Ticaret A.S., Marubeni Corporation will act as prime contractor, while Kawasaki Plant Systems Ltd. will provide overall plant engineering, including plant design. The technology, which utilizes waste-heat generated from cement production, will cut the plant's power consumption. Full Article
Kawasaki Heavy Industries, Ltd. Raises Consolidated Mid-year Forecast for Operating Profit, Ordinary Profit and Net Profit for FY Ending March 31, 2011
Kawasaki Heavy Industries, Ltd. announced that it has reaffirmed the consolidated mid-year forecast for revenue of JPY 580,000 million, and raised the forecast for operating profit from JPY 7,000 million to JPY 15,000 million, ordinary profit from JPY 6,000 million to JPY 14,000 million, net profit from JPY 5,000 million to JPY 7,000 million and earning per share from JPY 2.99 to JPY 4.19 for the fiscal year ending March 31, 2011. Full Article
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