OREANDA-NEWS. Kawasaki Heavy Industries, Ltd. (KHI) is announcing a revision of the forecast for performance and dividend forecast published on July 30, 2014, for the fiscal year ending March 31, 2015, as follows.

Economic environments surrounding our company have remained steady, although uncertainty is still remaining in the euro area and emerging countries. In addition, foreign exchange market indicates yen depreciation more than initially expected and taking into consideration of these economic circumstances, we have reviewed the earnings forecast for the fiscal year ending March 31, 2015, as a result, Sales is expected to achieve 1 trillion and 510 billion yen (increased 20 billion yen from our previous announcement on July 30).

In regards to the profit, despite decrease of profit margin in emerging countries over the motorcycle may cause declining profits, under favor of overall impacts of yen depreciation, operating income is expected to achieve 77 billion yen (increased 4 billion yen from our previous announcement), recurring profit to 72 billion yen (increased 6 billion yen from our previous announcement) and net income to 48 billion yen (increased 5.5 billion yen from our previous announcement).

KHI, regarded as a social flagship infrastructure company, has been planning to pay out appropriate profits to the shareholders in cyclical processes to maintain and strengthen under our basic policy of meeting our shareholder's expectation appropriately, conduct our businesses to improve corporate value by implementing performance-related dividend distribution with due considerations to be fulfilled retained earnings. To achieve these targets, we set consolidated dividend payout ratio approximately 30% into the medium and long term basis.

KHI had expected to pay cash dividend ?4.00 per share for the year ending previously announced on July30, 2014, however, after taking into consideration of current our business circumstances, such as essential strategic investment for enhancing the corporate value, business performance trends and improvement of financial strength, KHI has decided to increase ?1.00 per share from prior dividend decision as the year-end dividend forecast.