Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
An announcement from Kawasaki Heavy Industries ( (JP:7012) ) is now available.
Kawasaki Heavy Industries’ U.S. railcar subsidiary, Kawasaki Rail Car, Inc., and its parent Kawasaki Railcar Manufacturing Co., Ltd. have resolved contractual disputes with WMATA related to the 7000-series railcars that were involved in a 2021 derailment. Following a U.S. National Transportation Safety Board final report in January 2024 that did not attribute responsibility for the derailment to the Kawasaki group, the parties continued negotiations and have now agreed to reduce WMATA’s performance bond, secure partial payment of contractual sums tied to reliability and maintainability benchmarks, and lower the overall amounts payable by WMATA under the 7000-series contracts, while affirming their ongoing partnership for the program; Kawasaki has already factored the financial impact of this settlement into its earnings forecast for the fiscal year ending March 2026.
The most recent analyst rating on (JP:7012) stock is a Buy with a Yen13943.00 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 manufacturer active in transportation systems, including railcar design and production, supplying rolling stock such as the 7000-series railcars to major urban transit authorities worldwide, including the Washington Metropolitan Area Transit Authority (WMATA).
Average Trading Volume: 3,854,621
Technical Sentiment Signal: Buy
Current Market Cap: Yen2329.3B
Learn more about 7012 stock on TipRanks’ Stock Analysis page.