#Latest news with #defensecontractorsBloomberg09-05-2025BusinessBloombergJapan's Defense Firms Plan to Pass on Tariff Costs to CustomersMitsubishi Heavy Industries Ltd. and Kawasaki Heavy Industries Ltd. aim to pass on costs linked to US tariffs to customers to limit the impact on earnings. Japan's leading defense contractors didn't factor in additional costs from levies in their forecasts for this fiscal year. Mitsubishi said it sees no material impact from tariffs, with its energy unit and the aerospace and defense business driving profit growth. Kawasaki expects price hikes to have a moderate impact on its power sports and engine unit.
Bloomberg09-05-2025BusinessBloombergJapan's Defense Firms Plan to Pass on Tariff Costs to CustomersMitsubishi Heavy Industries Ltd. and Kawasaki Heavy Industries Ltd. aim to pass on costs linked to US tariffs to customers to limit the impact on earnings. Japan's leading defense contractors didn't factor in additional costs from levies in their forecasts for this fiscal year. Mitsubishi said it sees no material impact from tariffs, with its energy unit and the aerospace and defense business driving profit growth. Kawasaki expects price hikes to have a moderate impact on its power sports and engine unit.
09-05-2025
