Kawasaki’s first-half sales drop by nearly 7 percent, company reports

Kawasaki Heavy Industries (KHI), the parent company of Kawasaki Motors Corp. U.S.A, reported decreased sales and net income for its first half.

KHI had $6.3 billion in sales, a near 7 percent drop from the previous-year period for its first half, which ended Sept. 30. Net income fell nearly 38 percent to $125 million.

KHI’s consumer products and machinery division, which includes powersports, had $1.8 billion in sales, a near 16 percent drop to the year-ago period.

KHI’s North American sales, for all of its divisions, totaled $1.2 billion, a nearly 9 percent drop from a year ago.

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