Ocean-going fleet operations centered on long-term time charters
First written in FY2016. 19 of 28 entries say "Restated". Latest entry: FY2027-H1.
The whole theme swung hardest in 2026: 1 of 8 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「The company transported grain imported from North America and aluminum hydroxide from South America using vessels under its control, worked to improve operating profitability and sought to secure stable earnings through short-term chartering of some vessels under its control.」
The company continues to operate its fleet by combining the transportation of multiple cargoes using vessels under its control with short-term chartering of some vessels, seeking to improve operating profitability and secure stable earnings. - FY2026AdvancedAnnual report
「Self-operated Ocean-going 3 159,126 4 217,754」
Self-operated ocean-going vessels increased from 3 vessels totaling 159,126 deadweight tons in the previous fiscal year to 4 vessels totaling 217,754 deadweight tons, confirming fleet expansion during the year, including the new vessel completed in June 2025. - 2026-05-14AdvancedRevisions to earnings forecasts
「営業収益は、前連結会計年度に比べ貨物輸送から短期貸船への運航比率が高まったことに伴い、運賃が減少し貸船料が増加した結果、4,047百万円(対前連結会計年度比△233百万円、5.5%減)となりました。」
外航船隊について、貨物輸送から短期貸船への運航比率上昇が前期比の変化として具体化している。 - FY2026-H1AdvancedAnnual report
「T.S. Central Shipping Co., Ltd. Liberia Ocean-going marine transportation 58,628-ton bulk carrier June 2025」
In addition to its existing ocean-going fleet operations, the Company’s equipment table confirms the acquisition of a 58,628-ton bulk carrier in June 2025. - FY2025Decrease to 3 long-term time-chartered vesselsAnnual report
「Centered on 3 vessels under long-term time charters from T.S. Central Shipping Co., Ltd. (a consolidated subsidiary, hereinafter “T.S. Central”; marine transportation), the Company also charters vessels on a short-term basis from the market as appropriate to transport aluminum hydroxide for its principal customer Nippon Light Metal Co., Ltd. (non-ferrous metals processing), grain for Zen-Noh, and slag for overseas destinations.」
The ocean-going fleet’s base changed from 4 to 3 long-term time-chartered vessels, with short-term charters combined to transport major cargoes. - FY2025-H1Shift in operating mix from cargo transportation to short-term charteringAnnual report
「Operating revenue was ¥2,221 million, down ¥674 million, or 23.3%, from the previous interim consolidated accounting period. This resulted from a shift from cargo transport to short-term time charters out on routes from Japan to overseas destinations, as well as prolonged repairs to some operated vessels.」
The disclosure states that the shift in ocean-going fleet operations from cargo transportation to short-term chartering, together with longer repairs for certain controlled vessels, affected the earnings mix for the interim period. - FY2024-Q3RestatedAnnual report
「The Company transported grain from North America, aluminum hydroxide from South America, and slag for overseas destinations using controlled vessels, worked to improve voyage profitability, and sought to secure stable earnings through short-term chartering of certain controlled vessels.」
The Company continues to improve voyage profitability through the transportation of multiple cargoes and secure stable earnings through short-term chartering of certain controlled vessels. - FY2024-Q1RestatedAnnual report
「We transported imported grain from North America, alumina hydroxide from South America, and slag for overseas destinations using operated vessels, worked to improve operating profitability, and sought to secure stable earnings through short-term time charters out of some operated vessels.」
The Company continues ocean-going fleet operations combining the transportation of multiple cargoes with short-term chartering of certain controlled vessels. - FY2023RestatedAnnual report
「Centered on 4 vessels under long-term time charters from T.S. Central Shipping Co., Ltd. (a consolidated subsidiary, hereinafter “T.S. Central”; marine transportation), the Company also charters vessels on a short-term basis from the market as appropriate to transport aluminum hydroxide for its principal customer Nippon Light Metal Co., Ltd., grain for Zen-Noh, and slag for overseas destinations.」
The Company continues ocean-going fleet operations transporting multiple cargoes by combining short-term charters with 4 long-term time-chartered vessels as its base. - FY2023-Q3RestatedAnnual report
「We transported imported grain from North America, alumina hydroxide from South America, and slag for overseas destinations using operated vessels, worked to improve operating profitability, and sought to secure stable earnings through short-term time charters out of some operated vessels.」
The Company continues ocean-going fleet operations combining the transportation of multiple cargoes using controlled vessels with short-term chartering of certain controlled vessels. - FY2023-Q1RestatedAnnual report
「The Company transported imported grain from North America, aluminum hydroxide from South America, and slag for overseas destinations using controlled vessels, worked to improve voyage profitability, and sought to secure stable earnings.」
The Company continues to improve voyage profitability through the transportation of multiple cargoes using controlled vessels and secure stable earnings. - FY2022-Q2RestatedAnnual report
「We transported imported grain from North America and Australia, alumina hydroxide from South America, and slag for overseas destinations using operated vessels, worked to improve operating profitability, and sought to secure stable earnings through short-term time charters out of some operated vessels.」
The Company continues ocean-going fleet operations combining the transportation of multiple cargoes with short-term chartering of certain controlled vessels. - FY2021AdvancedAnnual report
「Centered on 4 vessels under long-term time charters from T.S. Central Shipping Co., Ltd. (a consolidated subsidiary, hereinafter “T.S. Central”; marine transportation), the Company also charters vessels on a short-term basis from the market as appropriate to transport aluminum hydroxide for its principal customer Nippon Light Metal Co., Ltd., grain for Zen-Noh, and slag for overseas destinations.」
The ocean-going fleet continues to consist primarily of 4 long-term time-chartered vessels, reflecting the 4-vessel structure following the sale of NIKKEI VERDE in November 2020. In coastal shipping, the Company has shifted to regular chartering using 2 owned vessels, including a vessel completed in February 2021, and 1 vessel owned by another company. - FY2021-Q3RestatedAnnual report
「The Company transported imported grain from North America, aluminum hydroxide from South America, gypsum from the Middle East, and slag for overseas destinations using controlled vessels, worked to improve voyage profitability, and sought to secure stable earnings through short-term chartering of certain controlled vessels.」
The Company continues to improve voyage profitability through the transportation of multiple cargoes and secure stable earnings through short-term chartering of certain controlled vessels. - FY2020-Q1AdvancedAnnual report
「We transported imported grain from North America, alumina hydroxide from South America, and slag for overseas destinations using operated vessels, worked to improve operating profitability, and sought to secure stable earnings through short-term time charters out of some operated vessels.」
While continuing to transport multiple cargoes using controlled vessels and engage in short-term chartering, the Company acquired a new 55,810-ton vessel in May 2019, advancing the renewal and expansion of its ocean-going fleet. - FY2019AdvancedAnnual report
「Primarily, the 4 ocean-going vessels remaining after excluding the 1 vessel sold during the current consolidated fiscal year, together with 1 new ocean-going vessel completed in May of the following consolidated fiscal year」
Following the sale of 1 ocean-going vessel, the fleet comprised 4 long-term time-chartered vessels, but the addition of a new vessel completed in May 2019 indicates a transition to operations centered on 5 ocean-going vessels. - FY2019-Q3RestatedAnnual report
「We transported imported grain from North America, alumina hydroxide from South America, and slag and cement clinker for overseas destinations using operated vessels, worked to improve operating profitability, and sought to secure stable earnings through short-term time charters out.」
Ocean-going fleet operations combining the transportation of multiple cargoes using controlled vessels with short-term chartering continue. - FY2019-Q2RestatedAnnual report
「We transported imported grain from North America, alumina hydroxide from South America, and cement clinker and slag for overseas destinations using operated vessels, worked to improve operating profitability, and sought to secure stable earnings through short-term time charters out of some operated vessels.」
Ocean-going fleet operations combining the transportation of multiple cargoes using controlled vessels with short-term chartering continue. - FY2019-Q1RestatedAnnual report
「We transported imported grain from North America, alumina hydroxide from South America, and slag and cement clinker for overseas destinations using operated vessels, worked to improve operating profitability, and sought to secure stable earnings through short-term time charters out of some operated vessels.」
Ocean-going fleet operations combining the transportation of multiple cargoes using controlled vessels with short-term chartering continue. - FY2018RestatedAnnual report
「Centered on 5 vessels under long-term time charters from T.S. Central Shipping Co., Ltd. (a consolidated subsidiary, hereinafter “T.S. Central”; marine transportation), the Company also charters vessels on a short-term basis from the market as appropriate to transport aluminum hydroxide for its principal customer Nippon Light Metal Co., Ltd., grain for Zen-Noh, and slag and cement clinker for overseas destinations.」
The Company continues ocean-going fleet operations transporting multiple cargoes by combining short-term charters with 5 long-term time-chartered vessels as its base. - FY2018-Q3RestatedAnnual report
「We transported imported grain from North America, alumina hydroxide from South America, and cement clinker and slag for overseas destinations using operated vessels, worked to improve operating profitability, and sought to secure stable earnings through short-term time charters out.」
Ocean-going fleet operations combining the transportation of multiple cargoes using controlled vessels with short-term chartering continue. - FY2018-Q2RestatedAnnual report
「We transported imported grain from North America, alumina hydroxide from South America, and cement clinker and slag for overseas destinations using operated vessels, worked to improve operating profitability, and sought to secure stable earnings through short-term time charters out.」
Ocean-going fleet operations combining the transportation of multiple cargoes using controlled vessels with short-term chartering continue. - FY2018-Q1RestatedAnnual report
「We transported imported grain from North America and cement clinker for overseas destinations using operated vessels, worked to improve operating profitability, and sought to secure stable earnings through short-term time charters out.」
Ocean-going fleet operations combining the transportation of multiple cargoes using controlled vessels with short-term chartering continue. - FY2017RestatedAnnual report
「Centered on 5 vessels under long-term time charters from T.S. Central, the Company also charters vessels on a short-term basis from the market as appropriate to transport aluminum hydroxide for its principal customer Nippon Light Metal Co., Ltd., grain for Zen-Noh, and slag and cement clinker for overseas destinations.」
The Company continues ocean-going fleet operations transporting multiple cargoes by combining short-term charters with 5 long-term time-chartered vessels as its base. - FY2017-Q3RestatedAnnual report
「The company transported imported grain from North America, gypsum for domestic markets and cement clinker for overseas markets using its controlled vessels, worked to improve operating profitability, and sought to secure stable earnings through short-term charters.」
Ocean-going fleet operations combining the transportation of multiple cargoes using controlled vessels with short-term chartering continue. - FY2017-Q2RestatedAnnual report
「The company transported imported grain from North America, gypsum for domestic markets and cement clinker for overseas markets using its controlled vessels, worked to improve operating profitability, and sought to secure stable earnings through short-term charters.」
Ocean-going fleet operations combining the transportation of multiple cargoes using controlled vessels with short-term chartering continue. - FY2017-Q1RestatedAnnual report
「We transported imported grain from North America and gypsum for domestic destinations using operated vessels, worked to improve operating profitability, and sought to secure stable earnings through short-term time charters out.」
The ocean-going division continues to operate a fleet combining the transportation of multiple cargoes using controlled vessels with short-term chartering. - FY2016First statedAnnual report
「Centered on 5 vessels under long-term time charters from T.S. Central, the Company also charters vessels on a short-term basis from the market as appropriate to transport aluminum hydroxide for its principal customer Nippon Light Metal Co., Ltd., grain for Zen-Noh, and slag and cement clinker for overseas destinations.」
The ocean-going division transports multiple cargoes for major customers using 5 long-term time-chartered vessels as its base, supplemented by short-term charters.