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Kawasaki Heavy Industries, Ltd. (KWHIY) Q4 2026 Earnings Call May 12, 2026 1:00 AM EDT
Company Participants
Yasuhiko Hashimoto - President, CEO & Representative Director
Katsuya Yamamoto - CFO, EVP, Ass to Presid, Corp Comm, Planning, Management, Marketing & Public Relations and Director
Presentation
Yasuhiko Hashimoto
President, CEO & Representative Director
Thank you for your participation today. My name is Hashimoto, President. Firstly, please allow me to offer my sincere apologies once again for the concern caused to our stakeholders as a result of the misconduct incidents uncovered in the previous fiscal year during the process of addressing past underlying issues. In December last year, we received the final report of the Special Investigative Committee.
The impact of these incidents on our results was reflected in the results for fiscal year 2025, and we believe that some of the financial impact of these incidents on results from the current fiscal year onwards have been limited. Our company will remain fully focused on regaining the trust of our stakeholders. Regarding our full year results for fiscal year 2025, revenue was JPY 2.3112 trillion. Business profit was JPY 145.1 billion and profit attributable to owners of parent was JPY 108.1 billion. In all cases, we recorded record results for a second consecutive fiscal year.
Turning to the full year forecast for fiscal year 2026, we have set the exchange rate of JPY 150 to the dollar. For business profit, which attracts significant attention, we anticipate recording JPY 170.0 billion. This would exceed our previous record for business profit by a large margin. We expect revenue to increase compared with fiscal year 2025, and we anticipate an increase of profit to JPY 110.0 billion.
Accordingly, we are making steady progress towards our fiscal year 2030 target of a business profit margin exceeding 10% in all business
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