Report

PSA: Machinery: Kawasaki Heavy Ind (7012 JT) – Aerospace & Powersports Expand

PSA: Machinery: Kawasaki Heavy Ind (7012 JT) – Aerospace & Powersports Expand

KHI shares have rebounded sharply since their Q1 FY24 results miss earlier in August. We see them coming in just under consensus for the full year, but higher thereafter. Currency is a factor, but overall the market is likely to view any stumbles as potential opportunities as it reassess KHI's position. It remains a recovery story. Please see attached report by analyst Will Nestuk for details.
Underlying
Kawasaki Heavy Industries Ltd.

Kawasaki Heavy Industries is a manufacturer of transport equipment and industrial equipment. Co. is engaged in the manufacture and sale of ships, jet engines, turbines, generating machinery, hydraulic machinery, and industrial robots. Co. also offers railway vehicles, snow removing equipment, aircrafts, industrial machinery, boilers, environmental equipment, steel structures, crushing machines, motorcycles, all-terrain vehicles (ATV), utility vehicles, personal watercrafts, and general-purpose gasoline engines, as well as precision machinery such as hydraulic equipment and industrial robots. In addition, Co. is also involved in the agency business of sale and order of its products.

Provider
Pelham Smithers Associates Ltd
Pelham Smithers Associates Ltd

Founded in 2009, Pelham Smithers Associates (PSA) provides market intelligence on Asian technology, focusing in particular on Japan. The industries covered by our team of specialists are: consumer electronics, telecomms, pharmaceuticals, internet, electronic parts and materials, automotive technology, retail and capital goods. 

PSA produces both company and sector reports. The focus of PSA’s research is to identify winners and losers as new technologies impact the top and bottom lines of corporations. Critical to our research is the clear explanation of how these new technologies work and how they impact companies and industries. 

The founding partners have worked closely together for twenty years and the team has more than doubled in size since 2012. 

Analysts
William Nestuk

Other Reports on these Companies
Other Reports from Pelham Smithers Associates Ltd

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