Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPThe width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Due to the change in fiscal year-ends, six months of results from 1 January to 30 June 2026 were consolidated for 384 consolidated subsidiaries. Dry bulk profits increased due to improved market conditions, steady cargo movements and improved vessel deployment efficiency. Energy profits declined, as lower profits from tankers and offshore operations were more than offset by the absence of one-off gains and the expiration of contracts. Chemical logistics profits increased on improved market conditions and higher demand. Product transport profits declined due to higher fuel costs and vessel deployment constraints.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥730,987 million |
| Operating profit | ¥38,516 million |
| Ordinary income | ¥52,153 million |
| Profit attributable to owners of the parent | ¥61,056 million |
| Net income per share | ¥177.69 |
| Equity ratio | End of the current fiscal period 48.0% / End of previous period 48.2% |
| Total assets | ¥6,202,420 million |
| Net assets | ¥3,035,960 million |
| Full-year earnings forecast | Net Sales ¥2,230,000 million / Operating profit ¥135,000 million / Ordinary income ¥225,000 million / Profit attributable to owners of the parent ¥240,000 million |
| Revision to Earnings Forecast | Net Sales 20,400 Hundreds of millions of yen → 22,300 Hundreds of millions of yen（9.3%） / Operating profit 1,050 Hundreds of millions of yen → 1,350 Hundreds of millions of yen（28.6%） / Ordinary income 1,450 Hundreds of millions of yen → 2,250 Hundreds of millions of yen（55.2%） / Profit attributable to owners of the parent 1,700 Hundreds of millions of yen → 2,400 Hundreds of millions of yen（41.2%） |
| Annual Dividend Forecast | ¥200 → ¥205（2.5%） |
| Segment revenue | Dry bulk business 1,771 Hundreds of millions of yen, Energy Business 1,152 Hundreds of millions of yen, Chemical Logistics Business 1,648 Hundreds of millions of yen, Product Transport Business 2,085 Hundreds of millions of yen, of which, Container Shipping Business 311 Hundreds of millions of yen, Wellbeing Life Business 363 Hundreds of millions of yen, of which, Real Estate Business 167 Hundreds of millions of yen, Related businesses 171 Hundreds of millions of yen, Other 117 Hundreds of millions of yen |
| Segment profit | Dry bulk business 107 Hundreds of millions of yen, Energy Business 150 Hundreds of millions of yen, Chemical Logistics Business 84 Hundreds of millions of yen, Product Transport Business 70 Hundreds of millions of yen, of which, Container Shipping Business 52 Hundreds of millions of yen, Wellbeing Life Business 19 Hundreds of millions of yen, of which, Real Estate Business 46 Hundreds of millions of yen, Related businesses 12 Hundreds of millions of yen, Other 18 Hundreds of millions of yen |
| Depreciation and amortization | ¥78,554 million |
| Disclosure regarding the going concern assumption | No applicable matters. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | Added: 0 companies; excluded: 0 companies |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for analysts) |
| Issued Shares at Period-End | 363,028,527 |
| Treasury Shares at Period-End | 19,408,363 |
| Factors Behind Changes in Business Performance | Due to the change in fiscal year-ends, six months of results from 1 January to 30 June 2026 were consolidated for 384 consolidated subsidiaries. Dry bulk profits increased due to improved market conditions, steady cargo movements and improved vessel deployment efficiency. Energy profits declined, as lower profits from tankers and offshore operations were more than offset by the absence of one-off gains and the expiration of contracts. Chemical logistics profits increased on improved market conditions and higher demand. Product transport profits declined due to higher fuel costs and vessel deployment constraints. |
Items this document does not state (12)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.In addition to consolidating six months of results for 384 consolidated subsidiaries due to the change in their fiscal year-ends, higher market conditions for dry bulk shipping, strong cargo demand and yen depreciation contributed to higher revenue and profits. Factors contributing to lower profits included higher fuel costs, vessel deployment constraints, the absence of one-off gains recorded in the previous year and the expiration of certain contracts. The full-year forecast is based on assumptions regarding the situation in the Middle East, freight market conditions, cargo demand, foreign exchange rates and fuel oil prices.