The earnings call presents a mixed picture with improvements in specific segments such as Aerospace and Energy Solutions, and achievements in the hydrogen business. However, significant losses, challenges in Powersports & Engine, and foreign exchange losses contribute to a negative financial outlook.

Company Guidance

During the earnings call for the third quarter of fiscal year 2023, the company reported a 9-month cumulative business profit of JPY 700 million, marking a significant improvement from the previous quarter's losses due to operational issues with the PW1100G-JM engine. For the full year, the business profit forecast was raised to JPY 43 billion, up by JPY 3 billion from the previous forecast, driven by improved profitability in Aerospace Systems, Energy Solutions & Marine Engineering, and a weaker yen. Despite these gains, income before taxes and net income were unchanged from previous forecasts due to expected losses on valuation of hedges by forward exchange contracts, resulting in a loss before income taxes of JPY 17.9 billion and a net loss attributable to owners of the parent of JPY 13.4 billion. Orders for the third quarter reached JPY 1,290.1 billion, with revenue at JPY 1,229 billion. The company also experienced a JPY 21.2 billion improvement from yen depreciation, offset by a JPY 25.6 billion decrease due to sales composition changes and increased recall-related expenses. Additionally, operating cash flow improved by JPY 15.1 billion, while free cash flow worsened by JPY 12.6 billion year-on-year. The company maintained its dividend forecast, emphasizing efforts to enhance asset efficiency and achieve its fiscal targets.

Improved Full-Year Profit Forecast

Business profit is expected to reach JPY 43 billion, an increase of JPY 3 billion from the previous forecast due to improved profitability in Aerospace Systems, Energy Solutions & Marine Engineering, and a weaker yen.

Energy Solution & Marine Engineering Growth

This segment reported an increase of JPY 7.3 billion year-on-year due to significant contributions from the ship and offshore structure and Energy Marine machinery businesses.

Operating Cash Flow Improvement

Operating cash flow improved by JPY 15.1 billion from the same period last year mainly due to progress in collection of receivables in Powersports & Engine.

Hydrogen Business Achievements

The company participated in the Dakar rally with hydrogen-fueled engine vehicles, finishing in fourth place in the Mission 1000 category, and won the prestigious Masuda Award for a 100% hydrogen-fueled dry combustion gas turbine.

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Kawasaki Heavy Industries (JP:7012) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

JP:7012 Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 31, 2018	2018 (Q1)	- / 21.57	27.118	-20.45% (-5.55)	―	―
Oct 30, 2018	2018 (Q2)	- / -50.85	63.019	-180.68% (-113.86)	―	―
Jan 31, 2019	2018 (Q3)	- / 122.49	29.891	309.79% (+92.60)	―	―
Apr 25, 2019	2018 (Q4)	- / 134.51	122.647	9.67% (+11.86)	―	―
Jul 30, 2019	2019 (Q1)	- / -69.18	21.571	-420.71% (-90.75)	―	―
Oct 31, 2019	2019 (Q2)	- / 38.83	-50.846	176.36% (+89.67)	―	―
Feb 06, 2020	2019 (Q3)	- / 72.11	122.493	-41.13% (-50.38)	―	―
May 12, 2020	2019 (Q4)	- / 117.72	134.511	-12.49% (-16.79)	―	―
Aug 06, 2020	2020 (Q1)	- / -70.47	-49.38	-42.71% (-21.09)	―	―
Oct 29, 2020	2020 (Q2)	- / -92.76	27.04	-443.05% (-119.80)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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JP:7012 Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 08, 2024	¥6625.00	¥7028.00	+6.08%
Aug 06, 2024	¥3985.86	¥3803.11	-4.58%
May 09, 2024	¥4847.24	¥5538.72	+14.27%
Feb 09, 2024	¥3372.62	¥3535.61	+4.83%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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FAQ

When does Kawasaki Heavy Industries Ltd. (JP:7012) report earnings?

Kawasaki Heavy Industries Ltd. (JP:7012) is schdueled to report earning on Feb 07, 2025, TBA Not Confirmed.

What is Kawasaki Heavy Industries Ltd. (JP:7012) earnings time?

Kawasaki Heavy Industries Ltd. (JP:7012) earnings time is at Feb 07, 2025, TBA Not Confirmed.

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of Kawasaki Heavy Industries Ltd. stock?

The P/E ratio of Kawasaki Heavy Industries is N/A.

What is JP:7012 EPS forecast?

JP:7012 EPS forecast for the fiscal quarter 2024 (Q3) is 153.75.

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