Revised forecast
Fiscal year ending March 2027 · Six months and full yearThe bar length represents the relative magnitude of change, based on the item that changed the most in this document.
Although the outlook for shipping market conditions and heavy fuel oil prices remains uncertain due to factors including the situation in the Middle East, the company expects earnings to be approximately at the same level as in the fiscal year ended March 2026 when averaged over the full year. The assumptions underlying the forecast are an average exchange rate of ¥150 to US$1 and an average heavy fuel oil price of US$700 per metric ton.
Advisory fees: ¥82.970 million; loss on sale of investment securities: ¥131 thousand; loss on sale of golf club memberships: ¥61 thousand; total extraordinary losses: ¥83.163 million
| Item | Details |
|---|---|
| Net Sales | Not disclosed → Cumulative second-quarter results 2,600 / Full year 5,600（Cumulative second-quarter results 5.1% / Full year 9.3%） |
| Operating profit | Not disclosed → Cumulative second-quarter results 160 / Full year 560（Cumulative second-quarter results 196.3% / Full year -14.8%） |
| Ordinary income | Not disclosed → Cumulative second-quarter results 160 / Full year 560（Cumulative second-quarter results Not disclosed / Full year -12.8%） |
| Profit attributable to owners of the parent | Not disclosed → Cumulative second-quarter results 60 / Full year 330（Cumulative second-quarter results Not disclosed / Full year -57.4%） |
| Net income per share | Not disclosed → Cumulative second-quarter results 39.22 / Full year 215.69 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Six months and full year |
| Previous-period results | Net sales: ¥5,122 million; operating profit: ¥657 million; ordinary profit: ¥642 million; net income attributable to owners of the parent: ¥774 million (results for the fiscal year ended March 2026) |
| Reason for the revision | Although the outlook for shipping market conditions and heavy fuel oil prices remains uncertain due to factors including the situation in the Middle East, the company expects earnings to be approximately at the same level as in the fiscal year ended March 2026 when averaged over the full year. The assumptions underlying the forecast are an average exchange rate of ¥150 to US$1 and an average heavy fuel oil price of US$700 per metric ton. |
| Details and amount of extraordinary loss | Advisory fees: ¥82.970 million; loss on sale of investment securities: ¥131 thousand; loss on sale of golf club memberships: ¥61 thousand; total extraordinary losses: ¥83.163 million |
| Dividend forecast revision | The company will begin paying interim dividends from the fiscal year ending March 2027 and forecasts annual dividends of ¥80 per share (interim dividend: ¥40; year-end dividend: ¥40). This document does not revise the dividend forecast; it presents the dividend forecast for the next fiscal year. |
| Consolidated / non-consolidated | Consolidated |
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.During the fiscal year, results were affected by a higher proportion of short-term vessel chartering relative to cargo transport in the oceangoing shipping business, which reduced freight rates, as well as higher vessel-related expenses for newly built vessels. Although the outlook for shipping market conditions and heavy fuel oil prices remains uncertain due to factors including the situation in the Middle East, the company expects earnings for the next fiscal year as a whole to be at approximately the same level as in the current fiscal year.