Kawasaki Heavy Industries Heavy to Issue New Shares and Convertible Bonds

TOKYO, Jul 14 (Pulse News Wire) – Kawasaki Heavy Industries,ltd. (7012.NG) decided on the issuance conditions for overseas share offerings and convertible bonds due in 2031 and 2033.

The company plans to issue new shares priced at ¥2,609 per share, raising a total of ¥97.45 billion. Payment will be made on July 22, 2026, with delivery scheduled for July 23, 2026. Additionally, the firm will issue two types of convertible bonds: one maturing in 2031 with a principal amount of ¥50.00 billion and another maturing in 2033 with a principal amount of ¥50.00 billion. Both bond issues aim to fund strategic investments and projects related to energy security and carbon neutrality.

The proceeds from the 2031 bond will support commercial demonstration projects involving liquefied hydrogen supply chains and physical AI development. Funds from the 2033 bond will finance similar initiatives through investments in subsidiaries focused on hydrogen technology. The potential dilution ratio from exercising all warrants associated with these bonds is expected to be 2.97%. Details of the share and warrant issuances were outlined in a press release dated July 2, 2026.