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.
For the next fiscal year, the company expects a gain on the transfer of the bulk carrier KT BIRDIE and contributions from newly built vessels, while also expecting downtime and higher costs resulting from major repairs to 1 VLCC, lower revenue from vessels sold, higher vessel expenses due to continued inflation, and an extraordinary loss related to the refusal of departure permission in Mexico for the oil products carrier CHALLENGE PROCYON.
For the fiscal year ended March 2026, the company recognized a ¥349.944 million loss related to the refusal of permission for a vessel to depart. For the fiscal year ending March 2027, the company plans to recognize an extraordinary loss related to the refusal of departure permission in Mexico for CHALLENGE PROCYON, but the amount is Not disclosed.
| Item | Details |
|---|---|
| Net Sales | Not disclosed → Second quarter (cumulative) 7,200 / Full year 14,600（Second quarter (cumulative) △5.1% / Full year △5.9%） |
| Operating profit | Not disclosed → Second quarter (cumulative) 300 / Full year 800（Second quarter (cumulative) △56.1% / Full year △35.7%） |
| Ordinary income | Not disclosed → Second quarter (cumulative) 10 / Full year 300（Second quarter (cumulative) △98.1% / Full year △66.2%） |
| Profit attributable to owners of the parent | Not disclosed → Second quarter (cumulative) 1,200 / Full year 1,300（Second quarter (cumulative) 171.1% / Full year 213.6%） |
| Net income per share | Not disclosed → Second quarter (cumulative) 156.91 / Full year 169.99 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Six months and full year |
| Previous-period results | Fiscal year ended March 2026: Revenue ¥15,509 million, operating income ¥1,243 million, ordinary income ¥886 million, net income attributable to owners of the parent ¥414 million, and net income per share ¥54.20 |
| Reason for the revision | For the next fiscal year, the company expects a gain on the transfer of the bulk carrier KT BIRDIE and contributions from newly built vessels, while also expecting downtime and higher costs resulting from major repairs to 1 VLCC, lower revenue from vessels sold, higher vessel expenses due to continued inflation, and an extraordinary loss related to the refusal of departure permission in Mexico for the oil products carrier CHALLENGE PROCYON. |
| Details and amount of extraordinary loss | For the fiscal year ended March 2026, the company recognized a ¥349.944 million loss related to the refusal of permission for a vessel to depart. For the fiscal year ending March 2027, the company plans to recognize an extraordinary loss related to the refusal of departure permission in Mexico for CHALLENGE PROCYON, but the amount is Not disclosed. |
| Dividend forecast revision | For the fiscal year ending March 2027, the company plans to pay an interim dividend of ¥20.00, a year-end dividend of ¥20.00, and an annual dividend of ¥40.00. An explicit statement regarding a revision to the dividend forecast is Not disclosed. |
| 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.For the fiscal year ended March 2026, revenue increased due to the renewal of charter contracts and the deployment of 2 LPG carriers, while operating income decreased because of higher crew costs. Net income decreased due to factors including an extraordinary loss related to a vessel that was not granted permission to depart from Mexico and the recognition of a ¥1,961 million income tax adjustment gain resulting from the reversal of deferred tax liabilities related to retained earnings of overseas subsidiaries. For the fiscal year ending March 2027, the company expects a gain on the transfer of the bulk carrier KT BIRDIE, contributions from newly built vessels, downtime and higher costs resulting from major repairs to a VLCC, lower revenue from vessels sold, higher vessel expenses due to inflation, and an extraordinary loss related to the refusal of departure permission in Mexico.