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TYO:7012

5 stories mentioning TYO:7012Updated 15h ago

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Asia

Market Chatter: Three Japanese Shipbuilders Said to Revive Domestic LNG Carrier Production by 2035

Imabari Shipbuilding, Kawasaki Heavy Industries (TYO:7012) and Namura Shipbuilding (TYO:7014) plan to jointly resume building liquefied natural gas carriers in Japan around 2035, Nikkei Asia reported Monday.The effort, which may incorporate South Korean technologies, will pool expertise and skilled welders to build three to five vessels annually, with Kawasaki Heavy's Sakaide yard as a central hub.Japan, which has not built an LNG carrier domestically since a final delivery in 2019, is also considering government subsidies for potential buyers to support the initiative amid rising geopolitical risks, the report added.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Asia

Market Chatter: Kawasaki Heavy Partners with Nvidia for Physical AI Robotics; Shares Surge 9%

Kawasaki Heavy Industries (TYO:7012) is partnering with Nvidia to develop robotics products integrating physical artificial intelligence, Nikkei Asia reported Friday.Kawasaki's shares jumped more than 9% in morning trade in Tokyo on Friday.The initial phase of the partnership will focus on applications within the medical and mobility sectors, the report said.Nvidia's AI will be used to upgrade Kawasaki's wheeled medical support robots, while its simulation technology will also be applied to Kawasaki's four-legged mobility robot, Corleo, to improve control and environmental awareness, according to the report.As part of the initiative, Kawasaki will open a joint development center in San Jose, California, where industrial robots will be used for demonstrations and co-development with U.S. companies, Nikkei said.The company plans to locally hire AI engineers and other staff, aiming to expand the center's workforce to "dozens" within a few years, the report said.Kawasaki Heavy Industries did not immediately respond to MTNewswire's request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.

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Asia

Japanese Shares Rise as US, Japan Reaffirm FX Coordination

Japanese shares closed higher on Tuesday after comments from U.S. Treasury Secretary Scott Bessent eased concerns over sharp currency swings, with investors taking comfort from continued coordination between Washington and Tokyo on foreign exchange stability.The Nikkei 225 rose 0.52%, or 324.69 points, to close at 62,742.57.U.S. Treasury Secretary Scott Bessent said on X that the U.S. and Japan reaffirmed their strong economic partnership and maintained close coordination on excessive currency volatility.Japanese Finance Minister Satsuki Katayama said both sides confirmed Japan's response to exchange-rate moves aligned with a bilateral agreement reached last September that permits intervention during periods of sharp market swings. Katayama said the two countries agreed to continue coordinating closely on market developments, including foreign exchange moves.In economic news, Japan's trade deficit narrowed to 224.8 billion yen in the first 20 days of April as export growth outpaced imports.Japan's foreign reserves rose by $8.25 billion in April to $1.383 trillion, supported by gains in securities and gold holdings. Meanwhile, Japan's household spending fell in March despite continued income growth, with real consumption expenditures down 2.9% from a year earlier.On the corporate front, Kawasaki Heavy Industries (TYO:7012) rose 7% after full-year profit beat guidance and the company forecast higher earnings and revenue for fiscal 2027.Mani (TYO:7730) fell 2% after receiving 2.216 billion yen in dividends from three overseas subsidiaries under its global cash management strategy.MediPal Holdings (TYO:7459) gained 1% after launching a 6,650 yen-per-share tender offer to acquire the remaining stake in Paltac (TYO:8283) and make it a wholly owned subsidiary.

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Kawasaki Heavy Logs Higher Profit, Revenue for Fiscal Year 2026 Despite Tariff Pressures
US Markets

Kawasaki Heavy Logs Higher Profit, Revenue for Fiscal Year 2026 Despite Tariff Pressures

Kawasaki Heavy Industries (TYO:7012) posted better-than-expected earnings for the 2026 fiscal year as it navigated market volatility triggered by US trade tariffs.The Tokyo-headquartered company manufactures motorcycles, engines, heavy equipment, aerospace and defense equipment, rolling stock and ships.Net profit attributable to owners for the fiscal year ended March 31 rose 23% to 108.2 billion Japanese yen from 88 billion yen a year earlier, according to a Tokyo bourse filing on Tuesday.Earnings per share increased year on year to 129.41 yen from 105.08 yen.Kawasaki's profit topped its forecast of 90 billion yen.Revenue climbed 8.5% to 2.311 trillion yen, missing its 2.34 trillion yen forecast.In December 2025, Kawasaki planned to raise the prices of its motorcycles by up to 17% to offset US tariffs on non-U.S. engines and components, Bloomberg TV reported at the time, citing CEO Yoshinori Kanehana.Kawasaki said its precision machinery and robot segment recovered from the impact of US tariffs, with the unit's profit rising 7.3% year on year, offsetting the decline in the powersports and engine segment's business profit.Meanwhile, profit from the company's aerospace systems and energy solution segment rose 6.6%, while that of marine engineering edged up 11%.Reflecting its annual performance, Kawasaki raised its final dividend to 96 yen per share, up from the previously projected 91 yen. Shareholders of record as of March 31 can expect payment by June 26.For the 2026-2027 fiscal year, the company expects attributable profit to rise 1.7% year on year to 110 billion yen, or 131.61 yen per share. Revenue is forecast to climb 11% to 2.560 trillion yen.

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Asia

Kawasaki Heavy Industries' Profit Jumps 23% in Fiscal Year 2025

Kawasaki Heavy Industries' (TYO:7012) profit attributable to owners of the parent rose 23% to 108.2 billion yen for the fiscal year 2025 from 88 billion yen a year earlier.The aerospace company's basic earnings per share increased to 129.41 yen from 105.08 yen a year ago, according to a Tokyo bourse filing on Tuesday.Revenue climbed 8.5% to 2.311 trillion yen for the year ended March 31 from 2.129 trillion yen in the prior year.In a separate disclosure, Kawasaki Heavy Industries raised its final dividend to 96 yen per share, from the initially planned 91 yen, payable from June 26.For the fiscal year ending 2026, the company expects attributable profit of 110 billion yen, basic EPS of 131.61 yen, and net sales of 2.560 trillion yen.Kawasaki Heavy Industries plans to pay interim and year-end dividends of 20 yen per share, each, for the year.

TYO:7012

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