Securing stable earnings and improving profitability

「The targets for fiscal 2026, the final year of the plan, are revenue of at least ¥37,500 million, operating profit of at least ¥1,800 million and ordinary profit of at least ¥2,000 million. As a result, revenue for the fiscal year was ¥38,537 million, up 3.9% year on year, due to increased revenue from the petroleum transportation and high-pressure gas transportation businesses. Operating profit was ¥1,868 million, up 20.2%, and ordinary profit was ¥2,147 million, up 22.2%.」

「We have formulated a medium-term management plan for fiscal 2024 through fiscal 2026, with targets for fiscal 2026, the final year of the plan, of revenue of at least ¥37,500 million, operating profit of at least ¥1,800 million and ordinary profit of at least ¥2,000 million.」

「Under the new medium-term management plan for fiscal 2024 through fiscal 2026, our group worked to maintain and improve earnings in core businesses including petroleum, domestic chemical products and container transportation, while implementing measures to expand the scale of growth businesses including LNG and overseas transportation of chemical products. As a result, revenue for the six months ended September was ¥17,079 million, up 5.4% year on year, due to increased revenue resulting from progress in freight rate revisions and other factors. Operating profit was ¥259 million, up 53.8%, and ordinary profit was ¥333 million, up 15.9%.」

「Under these circumstances, to achieve the medium-term management plan for fiscal 2021 through fiscal 2023, our group worked to continue safe and stable transportation, maintain and secure earnings and improve productivity in core businesses, improve earning power in growth businesses, and respond to transportation demand associated with the transition to a decarbonized society. As a result, revenue for the nine months ended December was ¥25,384 million, down 1.0% year on year. Higher expenses including personnel and repair costs caused operating profit to decline 23.7% to ¥610 million, ordinary profit to decline 19.2% to ¥805 million, and net income attributable to owners of the parent to decline 18.0% to ¥561 million.」

「Under these circumstances, to achieve the medium-term management plan for fiscal 2021 through fiscal 2023, our group worked to continue safe and stable transportation, maintain and secure earnings and improve productivity in core businesses, improve earning power in overseas transportation, and respond to transportation demand associated with the transition to a decarbonized society. As a result, revenue for the six months ended September was ¥16,176 million, down 1.7% year on year. Higher expenses including personnel and repair costs caused operating profit to decline 55.6% to ¥146 million, ordinary profit to decline 39.3% to ¥287 million, and net income attributable to owners of the parent to decline 36.8% to ¥212 million.」

「Under these circumstances, to achieve the medium-term management plan for fiscal 2021 through fiscal 2023, our group worked to continue safe and stable transportation, maintain and secure earnings and improve productivity in core businesses, improve earning power in overseas transportation, and respond to transportation demand associated with the transition to a decarbonized society. As a result, revenue for the first quarter was ¥7,876 million, down 2.7% year on year. Higher expenses including personnel and repair costs also affected profitability, resulting in an operating loss of ¥68 million, compared with operating profit of ¥113 million in the same period of the previous year, ordinary profit of ¥58 million, down 74.3%, and net income attributable to owners of the parent of ¥25 million, down 83.5%.」

「Under these circumstances, to achieve the medium-term management plan for fiscal 2021 through fiscal 2023, our group worked to maintain safe and stable transportation, maintain and secure earnings and improve productivity in core businesses, improve earning power in overseas transportation, and respond to transportation demand associated with the transition to a decarbonized society. As a result, revenue for the nine months ended December was ¥25,580 million, up 4.3% year on year, while higher expenses including fuel and personnel costs caused operating profit to decline 10.2% to ¥753 million and ordinary profit to decline 0.2% to ¥997 million. On the other hand, a decrease in corporate taxes and other factors resulted in net income attributable to owners of the parent of ¥685 million, up 1.7%.」

「Under these circumstances, to achieve the medium-term management plan for fiscal 2021 through fiscal 2023, our group worked to maintain safe and stable transportation while preventing infection, maintain and secure earnings and improve productivity in core businesses, improve earning power in overseas transportation, and respond to transportation demand associated with the transition to a decarbonized society. As a result, revenue for the six months ended September was ¥16,441 million, up 6.6% year on year, due to increases in the petroleum transportation and chemical products transportation businesses. However, higher expenses including fuel and personnel costs caused operating profit to decline 19.7% to ¥316 million and ordinary profit to decline 3.3% to ¥474 million. A decrease in corporate taxes and other factors resulted in net income attributable to owners of the parent of ¥336 million, up 3.5%.」

「Under these circumstances, to achieve the medium-term management plan for fiscal 2021 through fiscal 2023, our group worked to maintain safe and stable transportation while preventing infection, maintain and secure earnings and improve productivity in core businesses, further improve earning power in overseas transportation, and respond to transportation demand associated with the transition to a decarbonized society. As a result, revenue for the first quarter was ¥8,083 million, up 6.8% year on year, due to increases in the petroleum transportation and chemical products transportation businesses. However, higher expenses including fuel and personnel costs caused operating profit to decline 30.2% to ¥107 million and ordinary profit to decline 5.1% to ¥227 million. A decrease in corporate taxes and other factors resulted in net income attributable to owners of the parent of ¥152 million, up 1.0%.」

「We have formulated a medium-term management plan for fiscal 2021 through fiscal 2023, with targets for fiscal 2023 of revenue of at least ¥35,100 million, operating profit of at least ¥1,800 million and ordinary profit of at least ¥1,900 million. In fiscal 2021, the first year of the plan, progress toward achieving the targets was steady.」

「Under these circumstances, our group worked to achieve the newly formulated medium-term management plan for fiscal 2021 through fiscal 2023, while thoroughly preventing infection among employees and other concerned parties, and worked to ensure the safe and stable transportation of energy, food products and other goods. As a result, revenue for the nine months ended December was ¥24,535 million, up 6.4% year on year, due partly to the recovery in transportation demand. Operating profit was ¥839 million, up 7.8%, ordinary profit was ¥998 million, up 6.8%, and net income attributable to owners of the parent was ¥673 million, up 14.1%.」

「Under these circumstances, our group worked to achieve the newly formulated medium-term management plan for fiscal 2021 through fiscal 2023, while thoroughly preventing infection among employees and other concerned parties, and worked to ensure the safe and stable transportation of energy, food products and other goods. As a result, revenue for the six months ended September was ¥15,416 million, up 6.6% year on year, due partly to the recovery in transportation demand. Operating profit was ¥394 million, up 62.4%, ordinary profit was ¥490 million, up 43.4%, and net income attributable to owners of the parent was ¥325 million, up 48.3%.」

「Under these circumstances, our group worked to achieve the newly formulated medium-term management plan for fiscal 2021 through fiscal 2023, while thoroughly preventing infection among employees and other concerned parties, and worked to ensure the safe and stable transportation of energy, food products and other goods. As a result, revenue for the first quarter was ¥7,565 million, up 7.4% year on year, operating profit was ¥154 million, up 669.9%, ordinary profit was ¥240 million, up 141.8%, and net income attributable to owners of the parent was ¥151 million, up 669.9%.」

「We have formulated a medium-term management plan for fiscal 2021 through fiscal 2023, with targets for fiscal 2023 of revenue of at least ¥35,100 million, operating profit of at least ¥1,800 million and ordinary profit of at least ¥1,900 million.」

「The difficult business environment continued for our group as transportation demand declined due to the impact of the infectious disease. Under these circumstances, our group made every effort to prevent infection among employees and other concerned parties and, as an infrastructure group responsible for protecting people's lives and economic activity, worked to continue the safe and stable transportation of energy, food products and other goods. As a result, revenue for the nine months ended December was ¥23,329 million, down 6.9% year on year, due mainly to lower transportation demand and other factors. Operating profit was ¥639 million, down 9.0%, ordinary profit was ¥934 million, down 12.2%, and net income attributable to owners of the parent was ¥589 million, down 20.1%.」

「Under these circumstances, our group made every effort to prevent infection among employees and other concerned parties and fulfilled its social mission as an infrastructure group responsible for protecting people's lives and economic activity by continuing the safe and stable transportation of energy, food products and other goods. As a result, revenue for the six months ended September was ¥14,634 million, down 8.4% year on year, due mainly to lower transportation demand and other factors. Operating profit was ¥152 million, down 22.2%, ordinary profit was ¥342 million, down 23.9%, and net income attributable to owners of the parent was ¥219 million, down 32.4%.」

「Our group also faced a difficult business environment as transportation demand declined due to the impact of an infectious disease. As a result, revenue for the first quarter was ¥7,122 million, down 9.2% year on year, due mainly to lower transportation demand and other factors. Operating loss was ¥24 million, compared with operating profit of ¥92 million in the same period of the previous year, while ordinary profit was ¥99 million, down 64.1%.」

「Under these circumstances, we worked to achieve the medium-term management plan for fiscal 2017 through fiscal 2019 by strengthening earning power through maintaining and expanding our transportation share and promoting growth areas including LNG transportation, hydrogen transportation and overseas transportation of chemical products. As a result, revenue for the nine months ended December was ¥25,051 million, up 1.3% year on year, and operating profit was ¥702 million, up 6.6%. Higher dividend income and other factors resulted in ordinary profit of ¥1,065 million, up 14.8%, and net income attributable to owners of the parent of ¥738 million, up 26.4%.」

「Under these circumstances, we worked to achieve the medium-term management plan for fiscal 2017 through fiscal 2019 by strengthening earning power through maintaining and expanding our transportation share and promoting growth areas including LNG transportation, hydrogen transportation and overseas transportation of chemical products.」

「Under these circumstances, we worked to achieve the medium-term management plan for fiscal 2017 through fiscal 2019 by strengthening earning power through maintaining and expanding our transportation share and promoting growth areas including LNG transportation, hydrogen transportation and overseas transportation of chemical products. As a result, revenue for the first quarter was ¥7,845 million, up 1.5% year on year, while higher expenses including personnel costs caused operating profit to decline 48.8% to ¥92 million and ordinary profit to decline 13.9% to ¥276 million. The sale of company-owned real estate resulted in net income attributable to owners of the parent of ¥203 million, up 2.3%.」

「In fiscal 2018, revenue exceeded the target, but profit fell short of the initial plan due to higher expenses including fuel and personnel costs, as well as the impact of natural disasters and other factors.」

「Under these circumstances, our group is working to achieve the medium-term management plan by strengthening earning power through maintaining and expanding our transportation share and promoting growth areas including LNG transportation, hydrogen transportation and overseas transportation of chemical products. As a result, revenue for the nine months ended December was ¥24,734 million, up 5.6% year on year. Operating profit was ¥658 million, up 4.6%, ordinary profit was ¥927 million, up 12.7%, and net income attributable to owners of the parent was ¥584 million, up 10.2%.」

「Under these circumstances, our group is working to achieve the medium-term management plan by strengthening earning power through maintaining and expanding our transportation share, promoting growth areas including LNG transportation, hydrogen transportation and overseas transportation of chemical products, and improving productivity by strengthening cooperation across the group. As a result, revenue for the six months ended September was ¥15,546 million, up 6.4% year on year, while higher expenses including fuel and personnel costs caused operating profit to fall 7.0% to ¥218 million. On the other hand, higher non-operating income resulted in ordinary profit of ¥399 million, up 10.5%, and net income attributable to owners of the parent of ¥250 million, up 9.8%.」

「Under these circumstances, we are working to achieve the medium-term management plan by strengthening earning power through maintaining and expanding our transportation share and promoting growth areas including LNG transportation, hydrogen transportation and overseas transportation of chemical products. As a result, revenue for the first quarter was ¥7,731 million, up 8.7% year on year, as all transportation businesses performed well. Higher profit from the petroleum transportation business resulted in operating profit of ¥180 million, up 292.2%, ordinary profit of ¥321 million, up 128.3%, and net income attributable to owners of the parent of ¥198 million, up 122.3%.」

「Under these circumstances, we are working to achieve the medium-term management plan by securing earning power through maintaining and expanding our transportation share, promoting growth areas including LNG transportation, hydrogen transportation and overseas transportation of chemical products, and improving productivity by strengthening cooperation across the group. To further strengthen safety, we enhanced safety-training facilities at a group company. As a result, during the nine months ended December, all transportation businesses performed steadily, and revenue was ¥23,423 million, up 5.6% year on year. However, higher expenses including fuel and personnel costs resulted in operating profit of ¥629 million, down 9.7%, ordinary profit of ¥823 million, down 20.6%, and net income attributable to owners of the parent of ¥529 million, down 19.9%.」

「Under these circumstances, we are working to achieve the medium-term management plan by securing earning power through maintaining and expanding our transportation share, promoting growth areas including LNG transportation, hydrogen transportation and overseas transportation of chemical products, and improving productivity by strengthening cooperation across the group. To further strengthen safety, we enhanced safety-training facilities at a group company. As a result, during the six months ended September, all transportation businesses performed steadily, with revenue of ¥14,610 million, up 4.5% year on year, and operating profit of ¥234 million, up 8.6%. However, increased losses on the sale of property, plant and equipment resulted in ordinary profit of ¥361 million, down 6.6%, and net income attributable to owners of the parent of ¥227 million, down 7.0%.」

「Under these circumstances, we are working to achieve the medium-term management plan formulated this fiscal year by securing earning power through maintaining and expanding our transportation share, promoting growth areas including LNG transportation, hydrogen transportation and overseas transportation of chemical products, and improving productivity by strengthening cooperation across the group. To further strengthen safety, we enhanced safety-training facilities at a group company. As a result, revenue for the first quarter of the current fiscal year was ¥7,113 million, up 3.7% year on year, while operating profit was ¥46 million, down 5.5%, and ordinary profit was ¥140 million, down 17.0%, partly due to higher expenses accompanying the rise in fuel oil prices. A decline in corporate taxes and other factors resulted in net income attributable to owners of the parent of ¥89 million, up 1.6%.」

「Under these circumstances, our group worked to secure stable earnings by ensuring safety and providing high-quality services, while actively marketing LNG transportation operations and overseas transportation operations for chemical products to expand our earnings base for the future. We also sought to expand hydrogen transportation, as infrastructure for its supply as a new energy source is being developed. Lower expenses due in part to lower fuel oil prices resulted in operating profit of ¥697 million, up 12.6% year on year, ordinary profit of ¥1,037 million, up 13.1%, and net income attributable to owners of the parent of ¥661 million, up 6.3%.」

「Under these circumstances, to secure stable earnings, our group worked to ensure safety and provide high-quality services, while actively marketing LNG transportation operations and overseas transportation operations for chemical products to expand our earnings base for the future. We also sought to expand hydrogen transportation, as infrastructure for its supply as a new energy source is being developed.」

「Under these circumstances, to secure stable earnings from existing businesses, our group worked to ensure safety and provide high-quality services, while actively marketing LNG transportation operations and overseas transportation operations for chemical products to expand and stabilize our earnings base for the future. We also sought to expand hydrogen transportation, as infrastructure for its supply as a new energy source is being developed.」

「To achieve sustainable growth and improve earning power, we will make proactive capital investments to expand LNG transportation operations and overseas transportation operations for chemical products, which we position at the core of our future growth strategy.」