1. Kawasaki Heavy Industries consolidated net sales for fiscal year 2018, ended March 31,2019, rose 1.3 percent to JPY1,595 billion 2. The company posted net income of JPY27.5 billion for 2018, compared to JPY28.9 billion in 2017 3. Kawasaki is promoting the C-2 and P-1 on the export market, and has already drawn interest from potential customers 4. The new Aerospace Systems sector now includes aviation gas turbines from the old Gas Turbine and Machinery unit The beginnings of Kawasaki Heavy Industries can be traced back to a shipyard established in Tsukiji by Shozo Kawasaki in 1878. In 1896, the company was incorporated as Kawasaki Dockyard Company Ltd. It slowly expanded its expertise to include rolling stock, aircraft, industrial machinery, plant engineering, and steel structures. It also conducted shipping business through Kawasaki Kisen Kaisha (the K line), which later became independent. The current name, Kawasaki Heavy Industries, was adopted in 1939. Immediately thereafter, the company played a significant role in the arming of Japan. Today, in addition to manufacturing heavy equipment, the company is one of the world's leading manufacturers of motorcycles and Jet Ski® personal watercraft equipment. Other manufacturing interests include robots, factory automation systems, and environmentally related equipment. KHI has many overseas subsidiaries, including some manufacturing facilities in the U.S. and the Philippines.
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