Insiders: Kawasaki Heavy Industries plans to raise $1.2 billion through new shares and convertible bonds.

According to two informed sources, Japan's Kawasaki Heavy Industries is finalizing a financing plan to raise approximately 200 billion yen through the issuance of new shares and convertible bonds for capital expenditures. The sources said the company is expected to finalize the details of the issuance this week. One source mentioned that the new shares and convertible bonds will mainly be sold to overseas institutional investors. This financing plan has not been reported before. Kawasaki Heavy Industries responded with a statement, saying the company is considering various capital operation schemes including the issuance of new shares and bonds, but no final decision has been made yet. As the related information has not been disclosed to the public, the sources requested anonymity. Due to investors' concerns about the dilution of equity, Kawasaki Heavy Industries' stock price on the Tokyo Stock Exchange narrowed its gains and fell by 7% during trading. Currently, the Japanese government is focusing on supporting key industries, and Kawasaki Heavy Industries is expanding its investments in various sectors, including aviation engines, gas turbines, semiconductor equipment industrial robots, and the entire hydrogen energy industry chain.