Kurita Water Industries management commentary cites design issues driving US project cost overruns in first half of FY ending March 2027

• Kurita Water Industries management highlighted US project cost overruns in first-half earnings commentary for the fiscal year ending March 2027.
• Additional US project costs totaled ¥23.6 billion, with design quality improvements and schedule recovery driving the largest financial impacts.
• Electronics sales exceeded initial forecasts as construction progressed smoothly in Japan and South Korea; high customer plant utilization boosted recurring services.
• Management included all reasonably estimable project costs but could not rule out further losses; delivery remains scheduled from June 2027 onward.
• Electronics facilities backlog is expected to reach approximately ¥215 billion at fiscal year-end, making the segment’s 18% business profit margin target harder.

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