Results for this period
Interim period (second quarter)1 April 2026–30 September 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.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Active cargo movements, including iron ore and bauxite; improved charter rates resulting from higher market conditions; foreign exchange movements; strong cargo demand and higher short-term freight rates; increased revenue and profit at ONE; and an increase in investment income under the equity method.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | ¥602,020 million (YoY +20.3%) |
| Operating profit | ¥51,225 million (YoY +19.3%) |
| Ordinary income | ¥118,398 million (YoY +98.4%) |
| Profit attributable to owners of the parent | ¥124,517 million (YoY +81.4%) |
| Net income per share | ¥203.63 |
| Equity ratio | End of the current fiscal period 75.5 / End of previous period 76.9 |
| Total assets | ¥2,313,833 million |
| Net assets | ¥1,787,045 million |
| Cash flows from operating activities | ¥54,454 million |
| Cash flows from investing activities | ¥-30,414 million |
| Cash flows from financing activities | ¥-154,107 million |
| Cash and cash equivalents at end of period | ¥187,215 million |
| Full-year earnings forecast | Net Sales ¥1,170,000 million (YoY +14.9%) / Operating profit ¥91,000 million (YoY +8.1%) / Ordinary income ¥190,000 million (YoY +74.2%) / Net income ¥190,000 million (YoY +42.9%) |
| Revision to Earnings Forecast | Net Sales ¥10,700 100 million → ¥11,700 100 million（+9.3%） / Operating profit ¥850 100 million → ¥910 100 million（+7.1%） / Ordinary income ¥1,350 100 million → ¥1,900 100 million（+40.7%） / Net income ¥1,350 100 million → ¥1,900 100 million（+40.7%） |
| Annual Dividend Forecast | ¥120 → ¥120（0.0%） |
| Segment revenue | Dry bulk ¥189,578 million (YoY +31.3%) / Energy Resources ¥60,244 million (YoY +22.5%) / Product logistics ¥351,520 million (YoY +15.0%) / Other ¥677 million (YoY -52.4%) |
| Segment profit | Dry bulk ¥16,031 million / Energy Resources ¥4,835 million (YoY -11.3%) / Product logistics ¥98,156 million (YoY +71.1%) / Other ¥637 million (YoY +916.0%) |
| Depreciation and amortization | ¥26,098 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥13,988 million / Other extraordinary income ¥891 million / Extraordinary loss Loss on sale of non-current assets ¥42 million / Compensation for damages ¥111 million / Other extraordinary losses ¥37 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards None / Other changes Available / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | 1 company added: ケイラインシップマネージメントホールディングス(株); 0 companies removed |
| Material subsequent events | On 2 October 2026, 44,429,000 treasury shares were cancelled. The total number of shares issued after the cancellation was 594,743,067. |
| Availability of Supplementary Financial Results Materials | Available |
| Availability of Financial Results Briefing | Yes (for analysts) |
| Issued Shares at Period-End | 639,172,067 |
| Treasury Shares at Period-End | 51,726,181 |
| Factors Behind Changes in Business Performance | Active cargo movements, including iron ore and bauxite; improved charter rates resulting from higher market conditions; foreign exchange movements; strong cargo demand and higher short-term freight rates; increased revenue and profit at ONE; and an increase in investment income under the equity method. |
Items this document does not state (6)
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 dry bulk, active cargo movements, including iron ore and bauxite, and firm market conditions, together with lower operating costs and improved fleet deployment efficiency, contributed to results. In energy resources, improved charter rates resulting from higher market conditions and foreign exchange movements contributed, while in product logistics, strong cargo demand, higher short-term freight rates, and increased revenue and profit at ONE contributed. Investment income under the equity method amounted to ¥70.2 billion, of which ¥65.7 billion was recorded from ONE.