Revised forecast
Fiscal year ending March 2027 · Interim period and full fiscal yearThe bar length represents the relative magnitude of change, based on the item that changed the most in this document.
As of the date of this disclosure, the de facto blockade of the Strait of Hormuz is continuing, restricting maritime transport to and from the Middle East and making it difficult to calculate the earnings outlook. The forecasts were prepared on the assumption that transit will resume during June 2026 and that maritime transport will recover over approximately the following 2 months. Net income attributable to owners of the parent is expected to include approximately ¥7.1 billion in gain on the sale of non-current assets from the transfer of one large crude oil tanker during the first quarter.
Total extraordinary losses: ¥176 million (loss on disposal of non-current assets: ¥38 million; charter cancellation fees: ¥138 million)
| Item | Details |
|---|---|
| Net Sales | Not disclosed → Interim period 65,000; full fiscal year 129,000（Interim period 6.4%; full fiscal year +1.3%） |
| Operating profit | Not disclosed → Interim period 3,200; full fiscal year 9,100（Interim period △44.5%; full fiscal year △32.3%） |
| Ordinary income | Not disclosed → Interim period 1,100; full fiscal year 6,700（Interim period △83.3%; full fiscal year △60.3%） |
| Profit attributable to owners of the parent | Not disclosed → Interim period 7,600; full fiscal year 12,100（Interim period 1.7%; full fiscal year △21.4%） |
| Net income per share | Not disclosed → Interim period 71.83; full fiscal year 114.36 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Interim period and full fiscal year |
| Previous-period results | Actual results for the fiscal year ended March 2026: revenue ¥127,295 million; operating profit ¥13,439 million; ordinary profit ¥16,885 million; net income attributable to owners of the parent ¥15,391 million; earnings per share ¥145.47 |
| Reason for the revision | As of the date of this disclosure, the de facto blockade of the Strait of Hormuz is continuing, restricting maritime transport to and from the Middle East and making it difficult to calculate the earnings outlook. The forecasts were prepared on the assumption that transit will resume during June 2026 and that maritime transport will recover over approximately the following 2 months. Net income attributable to owners of the parent is expected to include approximately ¥7.1 billion in gain on the sale of non-current assets from the transfer of one large crude oil tanker during the first quarter. |
| Details and amount of extraordinary loss | Total extraordinary losses: ¥176 million (loss on disposal of non-current assets: ¥38 million; charter cancellation fees: ¥138 million) |
| Dividend forecast revision | The year-end dividend for the fiscal year ended March 2026 was increased by ¥4 from the latest forecast of ¥31 to ¥35, bringing the annual dividend to ¥59. For the fiscal year ending March 2027, interim and year-end dividends of ¥23 each are planned, for an annual dividend of ¥46. |
| Consolidated / non-consolidated | Consolidated / non-consolidated (standalone) |
Items this document does not state (1)
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 de facto blockade of the Strait of Hormuz is continuing, restricting maritime transport to and from the Middle East and making it difficult to calculate the earnings outlook. In addition, net income attributable to owners of the parent is expected to include approximately ¥7.1 billion in gain on the sale of non-current assets from the transfer of one large crude oil tanker.