When Kawasaki announced that it would spin off its motorcycle and powersports business by October, 2021, motorcycle enthusiasts naturally wondered what that would mean. In Kawasaki’s official announcement, it cited important improvements like increased speed in decision-making as positive changes that would come as part of this shift.
Still, whenever anything changes, people want to know how it’s going to affect them. Now Kawasaki Motors Corp. U.S.A CEO Eigo Konya has spoken out about what this all means in a statement.
“During the COVID-19 pandemic, our business in both Powersports and Engine divisions has seen considerable success. New and reignited interest in our industry has been met by tremendous efforts from Kawasaki team members and our dealer network to meet the needs of our customers in a new environment where health and safety are the first priority,” Konya said.
“Today, Kawasaki Heavy Industries, Ltd., KMC’s parent company and 100 percent shareholder, announced a restructuring plan to spin off the Motorcycle & Engine business and the Rolling Stock business into separate companies on October 1, 2021. The Ship & Offshore Structure business will also be integrated into the Energy System & Plant Engineering business. These changes are part of achieving Kawasaki’s new business direction and will further enhance Kawasaki’s ability to continue to innovate with technology and safety for the powersports industry,” he continued.”
“As for operations in the United States, KMC will see no changes. [Emphasis mine.] All KMC’s tasks and missions will remain the same and KHI’s restructuring plan will only further enhance KMC’s ability to serve KMC’s customers by furthering KMC’s ability to be quick and efficient when studying the industry and the future of powersports. The Kawasaki brand in North America is strong and getting stronger even under the COVID-19 situation and we at KMC will continue our great mission of delivering Kawasaki products and satisfaction to our customers.”
Under KHI’s redrawn business group plan, the new Motorcycles & Engines company nestles alongside Precision Machinery & Robot Business under the Motion Control & Motor Vehicles header.
Elsewhere in Kawasaki’s plans going forward is this interesting tidbit:
“The Motorcycle & Engine Business is also instigating innovative projects to capture new business opportunities. Its initiatives include extending corporate resources to mass-production businesses in cooperation with the Precision Machinery & Robot Business, collaborating in the agricultural machinery and turf care markets in hydraulic systems and general-purpose engines, and promoting the development of near-future mobility such as by incorporating robotics and remote technologies.”
It will be interesting to see what kinds of developments arise from future collaborations across departments within Team Green.