TOKYO -- Kawasaki Heavy Industries on Tuesday maintained its bullish earnings forecast for the year to March, even as it grapples with a slush fund scandal tied to its submarine contracts for the Japan Self-Defense Forces.
Aerospace & Defense Industries
Kawasaki Heavy maintains forecasts despite submarine scandal
'Improper conduct' casts shadow over efforts to develop Japan's defense industry
Kawasaki Heavy Industries delivers a submarine to Japan's Maritime Self-Defense Force in early 2023. © Kyodo
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