It was reported on 19 October that Kawasaki Heavy Industries,Ltd. had begun construction of one of Japan's largest hydrogen liquefaction plants, with liquefaction capacity of 50 tonnes per day. Results announced in August 2026 showed a substantial increase in first-quarter revenue, and the company is also expected to post higher revenue and profit for the current fiscal year.
Construction of one of Japan's largest hydrogen liquefaction plants was reported to have begun on 19 October, with liquefaction capacity of 50 tonnes per day. This was seen as indicating that capital investment in the company's hydrogen-related business is expected to advance.
According to the earnings summary announced on 7 August 2026, Kawasaki Heavy Industries,Ltd.'s first quarter of the fiscal year ending March 2027 recorded revenue of ¥543.6 billion, business profit of ¥35.8 billion and profit attributable to owners of the parent of ¥15.7 billion, all substantially higher. The full-year forecast also calls for higher revenue and profit, and financing has been carried out.
Performance over the past 12 quarters has been improving, with net profit margin recovering year on year and revenue and EPS expanding, while the equity ratio remains below the benchmark level, highlighting an issue with financial stability. These points have been cited as key areas to monitor for future performance.
With regard to financing, payment for new shares in an overseas offering and Euro-yen-denominated CBs was reportedly completed. Plans have been outlined to use the proceeds to develop the liquefied hydrogen supply chain and liquefied hydrogen infrastructure, as well as for AI-related development.
Business areas cited include investment to increase production in the aerospace and robotics sectors, progress on hydrogen-related projects, continued demonstration of CO2 capture technology and the accumulation of results in medical robotics. These areas may contribute to future performance, according to the analysis.