Planned development of large container ships and car carriers

「Product logistics: vessels; 3,163; 930; borrowings and internal funds; August 2025; October 2026; 17,500」

「Thirteen LNG-fueled car carriers have already been delivered, and the number of environmentally friendly vessels is planned to reach 30 by FY2030.」

「Product logistics: vessels; 3,200; 310; borrowings and internal funds; June 2025; June 2026; 17,500」

「Dry bulk: vessels; 12,234; 3,495; borrowings and internal funds; June 2023; May 2024; 210,000 Product logistics: 9,673; 2,238; borrowings and internal funds; February 2024 to September 2024; December 2024 to March 2025; 98,100」

「Energy resources: vessels; 10,257; 4,060; borrowings and internal funds; September 2022; June 2023; 55,300 Product logistics: vessels; 3,416; 356; borrowings and internal funds; June 2024; December 2024; 40,300」

「(1) New construction: No applicable items.」

「Product logistics: vessels; 8,685; 1,700; borrowings, bonds, proceeds from capital increases, and internal funds; October 2019; January 2021; 20,000」

「The number of vehicles transported by the company's car carrier business remained steady on routes originating in the Far East, but declined year on year due to rationalization, including the suspension and revision of some unprofitable routes in third-country and other services. As a result, revenue declined year on year, but the business turned profitable through efforts to improve profitability, including improved operating efficiency, optimization of fleet size, and cost reductions.」

「Meanwhile, revenue declined year on year due to initiatives to improve profitability, including improved operating efficiency, restoration of freight rates, and optimization of fleet size, but the business turned profitable.」

「Meanwhile, through route rationalization, restoration of freight rates, and optimization of fleet size, the car carrier business as a whole increased revenue year on year and turned profitable.」

「Energy resources: vessels; 11,399; 4,377; borrowings, bonds, proceeds from capital increases, and internal funds; December 2015; May 2019 to July 2019; 226,000 Product logistics: vessels; 8,731; 871; borrowings, bonds, proceeds from capital increases, and internal funds; March 2020; January 2021; 20,000」

「From the fourth quarter onward, the car carrier business expects to reduce losses through improvements in operating efficiency and revisions to its route network.」

「In response to changes in the operating environment for its car carrier business, the group reviewed its fleet development plan and, based on vessel utilization records and its outlook for future vessel supply and demand, reviewed its vessel utilization policy during the first quarter of the current consolidated accounting period. As a result, it determined that car carriers were expected to be used for longer than their previous useful lives and changed the useful life from 20 years to 25 years.」

「It is important to appropriately develop the fleet in a timely and flexible response to changing and increasingly complex trade patterns. This fiscal year, the company is strengthening its business base by expanding its route network, including launching a new Mexico–Central and South America service. It will make maximum use of next-generation large vessels with high cargo capacity and fuel-efficient performance to expand its earnings base.」

「Tramp specialized vessels: vessels; 38,458; 9,989; borrowings, bonds, proceeds from capital increases, and internal funds; December 2015 to January 2018; June 2018 to June 2019; 1,106,000」

「Meanwhile, the production sites of automakers are becoming more diversified amid trends toward EV adoption, local production for local consumption, local mass production, and producing in the optimal location. To respond to changing and increasingly complex trade patterns in a timely and flexible manner, the company will appropriately revise its route network and develop its fleet. It is also working to strengthen its business base by securing new transport contracts from 2018 onward, mainly with European and U.S. shippers.」

「Production sites are shifting toward "local mass production" and "producing in the optimal location." To respond flexibly to increasingly complex changes in trade patterns, the company will continue developing an appropriate fleet and strengthening its business base. It will also make maximum use of next-generation large vessels, designed for fuel efficiency and increased capacity for heavy construction equipment, railway cars, and other cargo, to expand its earnings base.」

「Tramp specialized vessels: investment amount ¥119,593 million; construction start from January 2015 to May 2018; completion from May 2017 to March 2019; increase in capacity after completion: 2,297,000 K/T」

「In the car carrier business, the company will continue strengthening its business base by securing cargo from Southeast Asian countries and within the Atlantic and elsewhere in response to changes in trade patterns. It will also make maximum use of next-generation large vessels, designed for fuel efficiency and increased capacity for heavy construction equipment, railway cars, and other cargo as they are completed, while expanding its earnings base. It will also work to reduce vessel and operating costs.」

「In the car carrier business, the company will continue strengthening its business base by securing cargo from Southeast Asian countries and within the Atlantic and elsewhere in response to changes in trade patterns. It will also make maximum use of next-generation large vessels, designed for fuel efficiency and increased capacity for heavy construction equipment, railway cars, and other cargo as they are completed, while expanding its earnings base.」

「In the car carrier business, amid sluggish cargo volumes for resource-producing countries, the company will continue strengthening its business base by securing cargo from Southeast Asian countries and within the Atlantic in response to changes in trade patterns. It will also make maximum use of next-generation large vessels, designed for fuel efficiency and increased capacity for heavy construction equipment, railway cars, and other cargo as they are completed, while improving fleet deployment efficiency and expanding its earnings base.」

「The company planned to invest a total of ¥105 billion in vessels including 14,000-TEU large container ships, with 10 vessels scheduled for completion by fiscal 2018, and car carriers capable of carrying 7,500 vehicles, with 10 vessels scheduled for completion by fiscal 2017.」