Kawasaki Heavy, JP3224200000

Kawasaki Heavy Industries stock: Boeing delays, US bike issue

Published on 11/13/2026 at 20:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kawasaki Heavy Industries stock follows fresh detail on aerospace timing and a US motorcycle quality issue. Management kept its full-year business-profit forecast at JPY 185 billion.

Operational risks meet higher guidance

Aerospace revenue timing shifted as Boeing production growth and defense component deliveries progressed more slowly.
Precision machinery, robotics and shipbuilding helped lift first-half business profit.
Management expects positive full-year free cash flow of JPY 20 billion.

Kawasaki Heavy, JP3224200000, Illustration mit AI erstellt.

Kawasaki Heavy Industries disclosed fresh operating details at its November 10 second-quarter results briefing, including delays affecting aerospace revenue and a quality issue that led to a voluntary suspension of one off-road motorcycle model in the United States. The company kept its full-year business-profit forecast at JPY 185 billion. The Kawasaki Heavy Industries Q2 FY2026 financial results briefing was held on November 10.

Aerospace timing shifts into focus

Management said delays in purchased components had pushed back schedules in the P-1 and C-2 defense programs. Boeing's production-rate increase for the 787 was also slower than expected, although the company said the planned rise from eight to 10 aircraft per month remained on track. Kawasaki lowered its aerospace business-profit forecast by JPY 4 billion to JPY 68 billion and cut the segment revenue forecast by JPY 10 billion to JPY 710 billion.

The company attributed part of the revision to a JPY 2 billion valuation loss on aircraft-engine receivables after reassessing customer finances. Management said roughly half of the aerospace reduction reflected that loss and half reflected revenue timing. It expects the deferred revenue to move into the next fiscal year.

Robotics and marine support earnings

For the six months ended September 30, revenue rose to JPY 1,084.4 billion and business profit reached JPY 73.8 billion. Gains from subsidiary-share sales, a litigation settlement, stronger semiconductor-robot demand, improved ship and offshore profitability, and US tariff refunds supported the increase.

Kawasaki raised its full-year orders forecast by JPY 70 billion to JPY 2,490 billion and maintained revenue guidance at JPY 2,560 billion. It expects profit before tax of JPY 161 billion, profit attributable to owners of the parent of JPY 118 billion and positive free cash flow of JPY 20 billion.

US motorcycle issue adds uncertainty

In powersports, management said a quality issue affecting a high-volume off-road motorcycle in the United States led to a voluntary sales suspension. Developed-market motorcycle wholesale volumes fell 21,000 units year over year in the first half, while emerging-market volumes increased by 1,000 units. Kawasaki maintained its full-year powersports outlook and said the issue was not expected to become particularly serious.

Kawasaki Heavy Industries stock traded at 10.36 euros on Lang & Schwarz at 20:55 CET on Friday, November 13, 2026.