Kawasaki Heavy Industries reported a sharp rise in first-quarter profit and raised its fiscal 2027 earnings guidance while keeping its revenue forecast unchanged. Profit attributable to owners of the parent climbed to 15.66 billion yen from 4.24 billion yen a year earlier, with business profit jumping to 35.75 billion yen from 20.51 billion yen. Revenue increased to 543.58 billion yen from 488.44 billion yen. For the fiscal year ending March 2027, the company now expects business profit of 180 billion yen, up from a prior forecast of 170 billion yen, and profit attributable to owners of 115 billion yen, up from 110 billion yen, while maintaining its revenue outlook of 2.56 trillion yen.
Kawasaki Heavy Industries Ltd.Q1 profit surged and fiscal 2027 earnings guidance raised.
