Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPThe width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
The operation of one LPG carrier acquired in the previous fiscal year and higher charter rates following their renewal contributed to the increase. However, the company incurred lower revenue from a vessel that remains anchored because Mexican authorities did not grant departure permission, downtime caused by the long-term scheduled dry-docking of one VLCC, fuel costs associated with scheduled dry-dockings, and higher vessel insurance premiums resulting from geopolitical factors. Net income increased due to extraordinary income, including a gain on the sale of one bulk carrier.
No applicable matters (There are no applicable matters.)
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | 3,750 million yen (YoY -2.8%) |
| Operating profit | 237 million yen (YoY -55.8%) |
| Ordinary income | 141 million yen (YoY -67.0%) |
| Profit attributable to owners of the parent | 1,784 million yen (YoY +380.0%) |
| Net income per share | ¥233.34 |
| Equity ratio | End of the current fiscal period 36.4 / End of previous period 33.7 |
| Total assets | 76,341 million yen |
| Net assets | 27,755 million yen |
| Full-year earnings forecast | Net Sales 15,000 million yen (YoY -3.3%) / Operating profit 1,000 million yen (YoY -19.6%) / Ordinary income 500 million yen (YoY -43.6%) / Net income 3,700 million yen (YoY +792.7%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → 15,000 million yen / Operating profit Not disclosed → 1,000 million yen / Ordinary income Not disclosed → 500 million yen / Net income Not disclosed → 3,700 million yen |
| Annual Dividend Forecast | 40 yen → 40 yen（0.0%） |
| Depreciation and amortization | 1,272,619 thousand yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of vessels 1,911,907 thousand yen, Reversal of provision for special repairs 34,650 thousand yen / Extraordinary loss Loss related to prohibition of vessel departure 271,346 thousand yen |
| Disclosure regarding the going concern assumption | No applicable matters (There are no applicable matters.) |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name Not disclosed |
| Material subsequent events | A vessel owned by KTS社 was deemed a constructive total loss under the vessel insurance policy, and the insurance proceeds were received on 26 June 2026. In the consolidated financial results for the second quarter of the fiscal year ending March 2027, the company expects to record approximately ¥2.4 billion as extraordinary income, representing the insurance proceeds less the vessel's carrying amount and related expenses. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 7,650,000 |
| Treasury Shares at Period-End | 2,337 |
| Factors Behind Changes in Business Performance | The operation of one LPG carrier acquired in the previous fiscal year and higher charter rates following their renewal contributed to the increase. However, the company incurred lower revenue from a vessel that remains anchored because Mexican authorities did not grant departure permission, downtime caused by the long-term scheduled dry-docking of one VLCC, fuel costs associated with scheduled dry-dockings, and higher vessel insurance premiums resulting from geopolitical factors. Net income increased due to extraordinary income, including a gain on the sale of one bulk carrier. |
Items this document does not state (12)
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.Revenue decreased because lower income from a vessel that remains anchored after Mexican authorities failed to grant departure permission, and downtime caused by the long-term scheduled dry-docking of one VLCC, outweighed the increase from the operation of one LPG carrier acquired in the previous fiscal year and higher charter rates following their renewal. Operating profit decreased due to fuel costs incurred during scheduled dry-dockings and higher vessel insurance premiums resulting from geopolitical factors. Net income increased due to extraordinary income, including a gain on the sale of one bulk carrier. The reasons for revising the full-year forecast are not explained in this financial results summary; the company states that readers should refer to the separately disclosed materials on the revision.