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Kawasaki Heavy Industries to absorb subsidiary's Sakaide Works operations

May 22, 2025 at 12:01 PM UTCBy FilingReader AI

Kawasaki Heavy Industries (TSE:7012) announced today it will absorb the Facility Maintenance, Inspection, and Repair segment, as well as the On-site Service segment, of its wholly-owned subsidiary, Kawaju Support Co., Ltd. at the Company's Sakaide Works through a simple absorption-type split effective October 1, 2025. As part of the Company's push for a digital shipyard and overall improved productivity, Kawasaki intends to integrate maintenance, inspection, and repair functions into its Production Engineering Department. Kawasaki Heavy Industries will consolidate production facility services from introduction to maintenance and inspection, according to its statement. The transferred assets are valued at JPY 537 million with liabilities of JPY 312 million, per the pro forma calculations based on March 31, 2025 financials. Kawasaki Heavy Industries forecasts JPY 2.31 trillion in revenue for the current fiscal year.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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