Japan’s Kawasaki Heavy Industries Co., Ltd. announced on the 30th that it has lowered its performance expectations, and said that due to the significant deterioration in the performance of the ship’s marine business, it "will consider future policies including whether the business can continue." The company will set up a "structural reform meeting" headed by President Jin Huafang, and will discuss the end of the business and strive to announce its conclusions by the end of 2016.

Kawasaki Heavy Industries announced that it will lower its consolidated net profit forecast for the first half of 2016 to a loss of 5 billion yen (approximately RMB 330 million). The previous forecast was a profit of 14.5 billion yen.

One of the reasons for the downward adjustment is that the cost of supplying Norway’s first contracted ship and the liquefied natural gas (LNG) carrier under construction is expected to significantly exceed the initial budget. In addition, the continued appreciation of the yen has also had an impact. In 2015, Kawasaki Heavy Industries' sales amounted to 1,541 billion yen, of which the shipping business accounted for about 6%.

Under the situation of generally sluggish orders in the shipbuilding industry, the rise of Chinese shipbuilding companies has intensified international competition. Mitsubishi Heavy Industries is also discussing business cooperation with Imabari Shipbuilding (Imabari City, Ehime Prefecture), Oshima Shipbuilding Corporation (Nishikai City, Nagasaki Prefecture), and Namura Shipbuilding Corporation (Osaka City) in the field of merchant shipping. The trend of reorganization.