Revised forecast
Fiscal year ending March 2027 · Full yearPrevious forecast published 31 July 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
Based on the results for the interim consolidated accounting period and the business environment from the third quarter onward, the full-year consolidated earnings forecasts announced on 31 July 2026 have been revised. Transport demand and market conditions for dry bulk are expected to remain generally firm, while the company will monitor Chinese crude steel production, the increase in newbuilding completions, US trade policy, geopolitical risks and seasonal fluctuations in cargo movements.
| Item | Details |
|---|---|
| Net Sales | ¥242,000 million → ¥263,000 million（+8.7%） |
| Operating profit | ¥26,500 million → ¥32,200 million（+21.5%） |
| Ordinary income | ¥25,300 million → ¥30,700 million（+21.3%） |
| Profit attributable to owners of the parent | ¥25,000 million → ¥26,400 million（+5.6%） |
| Net income per share | Not disclosed → 1,120.29 Yen/sen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 31 July 2026 |
| Reason for the revision | Based on the results for the interim consolidated accounting period and the business environment from the third quarter onward, the full-year consolidated earnings forecasts announced on 31 July 2026 have been revised. Transport demand and market conditions for dry bulk are expected to remain generally firm, while the company will monitor Chinese crude steel production, the increase in newbuilding completions, US trade policy, geopolitical risks and seasonal fluctuations in cargo movements. |
| Dividend forecast revision | No revision. No dividend is planned for the fiscal year ending March 2027. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (2)
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.The revision reflects the results for the interim period and the business environment from the third quarter onward. Transport demand and market conditions for dry bulk are expected to remain generally firm, while the company will monitor Chinese crude steel production, the increase in newbuildings, US trade policy, geopolitical risks and the possibility of seasonal market weakness. The assumptions for the third and fourth quarters are an exchange rate of ¥155 per US dollar and a fuel oil price of US$800/MT.