Results for this period
Full year1 April 2025–31 March 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.
Revenue declined because the yen was stronger year on year, but profit attributable to owners of the parent increased, partly because the company recorded gains on the sale of older vessels. Conditions in the ocean shipping market remained favorable, while the coastal shipping business delivered higher revenue and profit due to increased volumes of electricity-related cargo and more efficient operations.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥229,784 million (YoY -7.1%) |
| Operating profit | ¥20,529 million (YoY +1.5%) |
| Ordinary income | ¥21,046 million (YoY +10.7%) |
| Profit attributable to owners of the parent | ¥24,095 million (YoY +29.4%) |
| Net income per share | ¥1,022.46 |
| Operating Margin | 8.9% |
| Equity ratio | End of the current fiscal period 63.2% / End of previous period 56.5% |
| Total assets | ¥296,361 million |
| Net assets | ¥187,200 million |
| Cash flows from operating activities | ¥35,422 million |
| Cash flows from investing activities | ¥1,997 million |
| Cash flows from financing activities | ¥-28,188 million |
| Cash and cash equivalents at end of period | ¥65,625 million |
| Full-year earnings forecast | Net Sales ¥230,000 million (YoY +0.1%) / Operating profit ¥23,100 million (YoY +12.5%) / Ordinary income ¥21,900 million (YoY +4.1%) / Net income ¥23,100 million (YoY -4.1%) |
| Annual Dividend Forecast | ¥310.00 → ¥295.00（-4.8%） |
| Payout ratio | 30.3% |
| Shareholder Return Policy | The dividend payout ratio against consolidated earnings is set at 30%. |
| Segment revenue | International shipping business ¥197,062 million (YoY -8.8%) / Coastal shipping business ¥32,722 million (YoY +4.7%) |
| Segment profit | International shipping business ¥15,489 million (YoY -4.8%) / Coastal shipping business ¥5,041 million (YoY +27.3%) |
| Depreciation and amortization | ¥16,215 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥7,037 million / Extraordinary loss Not disclosed |
| Disclosure regarding the going concern assumption | Not applicable. |
| 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 | New Number of companies 0 / Company name None / Excluded Number of companies 0 / Company name None |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 23,970,679 shares |
| Treasury Shares at Period-End | 405,192 shares |
| Factors Behind Changes in Business Performance | Revenue declined because the yen was stronger year on year, but profit attributable to owners of the parent increased, partly because the company recorded gains on the sale of older vessels. Conditions in the ocean shipping market remained favorable, while the coastal shipping business delivered higher revenue and profit due to increased volumes of electricity-related cargo and more efficient operations. |
Items this document does not state (4)
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.Revenue declined because the yen was stronger year on year, but net profit increased partly because the company sold older vessels and recorded gains on the sales. Favorable conditions in the ocean shipping market, increased volumes of electricity-related cargo in the coastal shipping business, and more efficient operations also contributed to results.