Notice Regarding Revision to Year-End Dividend Forecast for Period Ending March 2009

Mar. 19, 2009

 

Kawasaki Heavy Industries, Ltd.(KHI) today has announced revision of the dividend forecast for performance published on January 30, 2009 for the fiscal year ending March 31, 2009 as follows.

1. Revision of the year-end dividend forecast for the fiscal year ending March 31,2009.

  End of
Second Quarter		 Year End Annual
Previous forecast announced on
January 30, 2009		 - To be
determined		 To be
determined
Revised forecast announced
today		 - ¥3.00 ¥3.00
Current year actual ¥0.00 - -
Previous year actual (for the
fiscal year ended March 31,
2008)		 ¥0.00 ¥5.00 ¥5.00

2. Reason for the revision of the year-end dividend forecast for the fiscal year ending March 31, 2009.

KHI’s policy is to pay stable cash dividends to its shareholders, giving due consideration to increasing retained earnings to strengthen and expand its business foundations for future growth.

In regard to the year-end dividend for the current fiscal year, the forecast amount was left as “To be etermined” in the previous announcement published on January 30, 2009. After taking into consideration the current operating environment and forecast performance, KHI has decided to publish the above revisions to the year-end dividend forecast.