Komori
Kawasaki Kisen (9107) · RiskMitigated

Risk of provisions for losses on charter contracts due to declining charter hire rates

First written in FY2019. 21 of 24 entries say "Mitigated", first in FY2020-Q3. Latest entry: 2026-08-04.

24entries
8years
2from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseMitigatedFY2021-Q1 – 2026-08-042019: 220192020: 420202021: 320212022: 420222023: 420232024: 320242025: 220252026: 22026
Same theme, other companies
Provision for Losses Related to Remaining Charter ContractsA theme 4 companies write about · 5 as a headwind · 0 as a tailwind

1 other company's latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1MitigatedAnnual report

    「Provision for losses on charter contracts 3,206 1,598」

    The balance of the provision for losses on charter contracts declined from ¥3,206 million at the end of the previous fiscal year to ¥1,598 million at the end of the interim period, reducing the risk of contract losses due to declining charter rates on a balance basis. However, a provision balance remains.
  2. FY2025MitigatedAnnual report

    「Provision for losses on charter contracts 6,204 3,230」

    The balance of the provision for losses on charter contracts declined from ¥6,204 million at the end of the previous fiscal year to ¥3,230 million. Although the risk of contract losses remains, the balance decreased.
  3. FY2025-H1MitigatedAnnual report

    「Provision for losses on charter contracts 5,442 2,714」

    The balance of the provision for losses on charter contracts declined from ¥5,442 million at the end of the previous consolidated fiscal year to ¥2,714 million at the end of the interim period, further reducing the risk of contract losses due to declining charter rates on a balance basis. However, a provision balance remains.
  4. FY2024MitigatedAnnual report

    「Provision for losses on charter contracts 9,609 5,442」

    The balance of the provision for losses on charter contracts declined from ¥9,609 million at the end of the previous fiscal year to ¥5,442 million. Although the risk of contract losses remains, the balance decreased.
  5. FY2024-Q3MitigatedAnnual report

    「Provision for losses on charter contracts 9,609 2,389」

    The balance of the provision for losses on charter contracts declined from ¥9,609 million at the end of the previous consolidated fiscal year to ¥2,389 million at the end of the third quarter, further reducing the risk of contract losses on a balance basis.
  6. FY2024-Q2MitigatedAnnual report

    「Provision for losses on charter contracts 9,609 4,804」

    The balance of the provision for losses on charter contracts declined from ¥9,609 million at the end of the previous consolidated fiscal year to ¥4,804 million at the end of the second quarter, reducing the risk of contract losses on a balance basis.
  7. FY2024-Q1MitigatedAnnual report

    「Provision for losses on charter contracts 9,609 7,220」

    The balance of the provision for losses on charter contracts declined from ¥9,609 million at the end of the previous consolidated fiscal year to ¥7,220 million at the end of the first quarter, reducing the risk of losses on charter contracts on a balance basis.
  8. FY2023MitigatedAnnual report

    「Provision for losses on charter contracts 13,903 9,609」

    The balance of the provision for losses on charter contracts declined from ¥13,903 million at the end of the previous fiscal year to ¥9,609 million. The expense related to provisions was ¥9,492 million, and although the risk remains, the balance decreased.
  9. FY2023-Q3MitigatedAnnual report

    「Provision for losses on charter contracts 13,903 3,380」

    The balance of the provision for losses on charter contracts declined from ¥13,903 million at the end of the previous consolidated fiscal year to ¥3,380 million at the end of the third quarter, further reducing the risk of contract losses on a balance basis.
  10. FY2023-Q2MitigatedAnnual report

    「Provision for losses on charter contracts 13,903 6,836」

    The balance of the provision for losses on charter contracts declined from ¥13,903 million at the end of the previous consolidated fiscal year to ¥6,836 million at the end of the second quarter, reducing the risk of contract losses on a balance basis.
  11. FY2023-Q1MitigatedAnnual report

    「Provision for losses on charter contracts 13,903 10,292」

    The balance of the provision for losses on charter contracts declined from ¥13,903 million at the end of the previous consolidated fiscal year to ¥10,292 million at the end of the first quarter, reducing the risk of contract losses on a balance basis.
  12. FY2022MitigatedAnnual report

    「Provision for losses on charter contracts 15,556 13,903」

    On a consolidated basis, the balance of the provision for losses on charter contracts declined from ¥15,556 million at the end of the previous fiscal year to ¥13,903 million. However, ¥13,690 million was recognized as an expense related to provisions during the current fiscal year, and the risk remains.
  13. FY2022-Q3MitigatedAnnual report

    「Provision for losses on charter contracts 15,556 3,628」

    The balance of the provision for losses on charter contracts declined from ¥15,556 million at the end of the previous consolidated fiscal year to ¥3,628 million at the end of the third quarter. The risk of contract losses remains, but the provision balance decreased further.
  14. FY2022-Q2MitigatedAnnual report

    「Provision for losses on charter contracts 15,556 7,518」

    The balance of the provision for losses on charter contracts declined from ¥15,556 million at the end of the previous consolidated fiscal year to ¥7,518 million at the end of the second quarter.
  15. FY2021MitigatedAnnual report

    「Provision for losses on charter contracts 16,474 15,556」

    On a consolidated basis, the balance of the provision for losses on charter contracts declined from ¥16,474 million at the end of the previous consolidated fiscal year to ¥15,556 million. However, ¥15,278 million was recognized as an expense related to provisions during the current fiscal year, and the risk remains.
  16. FY2021-Q3MitigatedAnnual report

    「Provision for losses on charter contracts 16,474 3,980」

    The balance of the provision for losses on charter contracts declined from ¥16,474 million at the end of the previous consolidated fiscal year to ¥3,980 million at the end of the third quarter, further reducing the risk of contract losses on a balance basis.
  17. FY2021-Q2MitigatedAnnual report

    「Provision for losses on charter contracts 16,474 8,183」

    The balance of the provision for losses on charter contracts declined from ¥16,474 million at the end of the previous consolidated fiscal year to ¥8,183 million at the end of the second quarter.
  18. FY2021-Q1MitigatedAnnual report

    「Provision for losses on charter contracts 16,474 12,351」

    The balance of the provision for losses on charter contracts declined from ¥16,474 million at the end of the previous consolidated fiscal year to ¥12,351 million, indicating that the risk of contract losses, which had increased during the previous full fiscal year, decreased on a balance basis in the first quarter.
  19. FY2020WorsenedAnnual report

    「Expense related to provision for losses on charter contracts 15,135 16,102」

    The expense related to provisions for losses on charter contracts increased from ¥15,135 million in the previous fiscal year to ¥16,102 million in the current fiscal year, and the ending balance also increased from ¥15,135 million to ¥16,474 million. The burden increased for the full fiscal year after the balance had declined through the previous quarter.
  20. FY2020-Q3MitigatedAnnual report

    「Provision for losses on charter contracts 15,135 3,710」

    The balance of the provision for losses on charter contracts declined from ¥15,135 million at the end of the previous consolidated fiscal year to ¥3,710 million. Although the disclosure does not state that the risk of contract losses has been eliminated, the provision balance decreased.
  21. FY2020-Q2MaterialisedAnnual report

    「Provision for losses on charter contracts 15,135 7,461」

    The balance of the provision for losses on charter contracts declined from ¥15,135 million at the end of the previous consolidated fiscal year to ¥7,461 million, but ¥51,574 million was paid in connection with charter cancellations, and the risk of contract losses continues to materialize.
  22. FY2019MaterialisedAnnual report

    「Because charter hire rates are affected to some extent by fluctuations in the charter market, there is a risk that charter hire rates will fall below vessel hire rates. Depending on the Group's policy for addressing charter contracts and trends in the charter market, it may be necessary to recognize additional provisions, which could adversely affect the Group's financial position and operating results.」

    The risk of charter hire rates falling below vessel hire rates was explicitly identified as a separate risk, and ¥15,135 million was recognized during the fiscal year as an expense related to provisions for losses on charter contracts.
Moved together

"Ensuring stability through a stronger financial position and competitiveness through business restructuring" moved the same way as this thread, in the same document, in 17 of its 24 moves.

171211876★123456
  1. ★This thread
  2. 1Ensuring stability through a stronger financial position and competitiveness through business restructuring17×
  3. 2Stable Dividend Policy and Dividends Undecided During the Structural Reform Period12×
  4. 3Structural Reform of the Dry Bulk Business and Reduction of Exposure to Medium- and Small-Sized Vessels11×
  5. 4Building resilience to market conditions and nurturing the core businesses of the next generation through a portfolio strategy shift8×
  6. 5Review of the Investment Plan and Strategic Investment Focused on Stability and Profitability7×
  7. 6Medium-Term Management Plan “Value for our Next Century – Action for Future -”6×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Kawasaki Kisen's next results are scheduled for 2026-11-04. Read the earnings preview It last moved in the Earnings of 2026-08-04: "Mitigated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Risk of provisions for losses on charter contracts due to declining charter hire rates | Kawasaki Kisen Kaisha,Ltd. (9107) | Komori