Kawasaki Heavy Industries, Ltd.
(Disclosure Progress) Agreement with WMATA Regarding Washington Metro 7000 Series Vehicles
The Kawasaki Heavy Industries Group, having received no mention of responsibility from the U.S. NTSB accident investigation, has comprehensively resolved unresolved contractual issues with WMATA concerning the 7000 Series vehicles and agreed on a partial reduction of the contract amount. The impact on earnings has already been incorporated into the forecast for the fiscal year ending March 2026.
Key Figures
- NTSB Final Report Date: 2024-01-04
- Agreement Announcement Date: 2026-02-05
- Impact of this agreement incorporated in the consolidated earnings forecast for the fiscal year ending March 2026
AI要約
Overview of the Agreement
The Kawasaki Heavy Industries Group, regarding the derailment accident of the Washington Metro 7000 Series vehicles disclosed on October 19, 2021, received the final report from the U.S. National Transportation Safety Board (NTSB) on January 4, 2024, which did not mention any responsibility on the part of the company. Subsequently, Kawasaki Railcar Manufacturing Co., Ltd. and WMATA engaged in negotiations over unresolved contractual issues and on February 5, 2026, reached a comprehensive agreement on partial reductions to the contract amount and the performance guarantee.
Impact on Earnings and Future Outlook
The impact of this agreement has already been reflected in the consolidated earnings forecast for the fiscal year ending March 2026, announced on November 11, 2025; therefore, no further revision to earnings is planned. Moving forward, the company will continue to maintain a strong partnership with WMATA and strive to meet standards for reliability and maintainability.
