tiprankstipranks
Advertisement
Advertisement

Furukawa Takes Control of EarthTechnica From Kawasaki to Drive Crusher and Recycling Growth

Story Highlights
  • Furukawa acquires 60% of EarthTechnica from Kawasaki, planning full ownership by 2027.
  • Furukawa will integrate its crusher business into EarthTechnica to boost competitiveness and expand abroad.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Furukawa Takes Control of EarthTechnica From Kawasaki to Drive Crusher and Recycling Growth

Meet Samuel – Your Personal Investing Prophet

Kawasaki Heavy Industries ( (JP:7012) ) has provided an announcement.

Furukawa Co. has completed the acquisition of a 60% stake in EarthTechnica from Kawasaki Heavy Industries for ¥7.02 billion, with the remaining 40% to be purchased in April 2027, making EarthTechnica a consolidated subsidiary. The move paves the way for Furukawa to fold its Industrial Machinery segment’s crusher business into EarthTechnica, aiming to improve cost competitiveness, accelerate overseas expansion, and create synergies in the growing environmental recycling sector.

Following the transaction, EarthTechnica’s management has been reshuffled, with Furukawa executives taking key leadership roles while Kawasaki retains a non-executive board presence, signaling ongoing strategic ties between the companies. Both firms said any material financial impact of the share transfer will be announced when it becomes clear, leaving investors watching how the integration and international growth strategy translate into earnings performance.

The most recent analyst rating on (JP:7012) stock is a Buy with a Yen3238.00 price target. To see the full list of analyst forecasts on Kawasaki Heavy Industries stock, see the JP:7012 Stock Forecast page.

More about Kawasaki Heavy Industries

Kawasaki Heavy Industries is a diversified Japanese industrial manufacturer active in sectors including energy solutions, marine engineering, transportation, and industrial machinery. The group develops and supplies heavy equipment and systems for global infrastructure and manufacturing markets, often partnering with other Japanese engineering firms to optimize specialized product lines and expand overseas reach.

Average Trading Volume: 23,206,575

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen2447.8B

For detailed information about 7012 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1