Kawasaki Heavy Industries develops its aviation and aerospace business further

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Kawasaki Heavy Industries Ltd. is a comprehensive engineering company that engages in various businesses whose products and services involve ships, railway vehicles, aircraft, motorcycles, gas turbines, and robots. 
Kawasaki Heavy Industries develops its aviation and aerospace business further

 In particular, it is one of Japan's leading aircraft manufacturers and has its main aerospace production base in the chubu region. 

 For example, the company assembles parts for Boeing’s large-sized passenger aircraft at plants in Nagoya. 

 It also has been engaged in the research, development, manufacturing and repair of fixed-wing and rotary-wing aircraft, and space equipment for public and private demand at Gifu plant since its opening in 1923. 

 The Gifu plant is adjacent to the JASDF Gifu Base and has been manufacturing various aircrafts ordered by the Ministry of Defense. 

 It has also played an important role in the development of the H-IIA and H-IIB rockets. Kawasaki Heavy Industries newly installed a ground station antenna for satellite operation to remove space debris at the Gifu plant. 

 This antenna will be used for transmitting and receiving data to the test satellite scheduled to be launched in 2020. 

 The company’s sales have been firm in recent years against these backgrounds. In the first half of FY2020, consolidated net sales increased ¥ 48.4 billion year-on-year to ¥ 736.5 billion in spite of the slowdown in the Chinese and European economies and sluggish exports due to the US-China trade friction. 
Kawasaki Heavy Industries develops its aviation and aerospace business further

 Net income was almost unchanged from the same period of the previous year at deficit of ¥ 3.7 billion due to an increase in tax expenses. For the full year ending March 2020, sales are forecasted to decrease 5.6% to ¥ 1,400 billion and net income to decrease 49.9% to ¥ 20 billion.

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