Japan Specialist

Mark Chadwick

Over 20 years experience in equities and asset management in Asia and Japan. Qualified CFA with experience analyzing companies as a buy-side analyst. In-depth knowledge of company fundamental analysis, corporate governance and valuations.

Equity Bottom-Up

Kawasaki Heavy Industries / Equity Bottom-Up

<ul>
<li>The recent pull-back in the share price of KHI provides a cheap entry point into the defense spending thematic</li>
<li>KHI’s defense revenues are projected to soar by 40% to ¥406 billion in FY24, outpacing industry leader MHI's 20% growth</li>
<li>KHI and MJI to benefit from Japan’s defense spending doubling to 2% of GDP by 2027 and ¥43 trillion ($320 billion) earmarked over five years. </li>
</ul>


The recent pull-back in the share price of KHI provides a cheap entry point into the defense spending thematic
KHI’s defense revenues are projected to soar by 40% to ¥406 billion in FY24, outpacing industry leader MHI's 20% growth
KHI and MJI to benefit from Japan’s defense spending doubling to 2% of GDP by 2027 and ¥43 trillion ($320 billion) earmarked over five years. 


Kawasaki Heavy Industries

Japan Alpha | Bullish KHI (And MHI)