Results for this period
Interim period (second quarter)1 April 2026–30 September 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.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
The operation of one LPG carrier and revised charter rates increased revenue, while lower revenue from a vessel that remains in port because it has not received clearance to depart from the Mexican authorities, downtime resulting from the long-term scheduled maintenance of one VLCC, and higher scheduled maintenance costs and interest expenses put downward pressure on profit. Net income included extraordinary income, including gains on sales of vessels and insurance settlement gains.
None ("There are no applicable matters.")
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | ¥7,577 million (YoY -0.1%) |
| Operating profit | ¥347 million (YoY -49.2%) |
| Ordinary income | ¥183 million (YoY -64.8%) |
| Profit attributable to owners of the parent | ¥2,296 million (YoY +418.7%) |
| Net income per share | ¥300.26 |
| Equity ratio | End of the current fiscal period 36.4 / End of previous period 33.7 |
| Total assets | ¥78,931 million |
| Net assets | ¥28,747 million |
| Cash flows from operating activities | ¥3,754,891 thousand |
| Cash flows from investing activities | ¥-290,587 thousand |
| Cash flows from financing activities | ¥-1,805,647 thousand |
| Cash and cash equivalents at end of period | ¥7,537,739 thousand |
| Full-year earnings forecast | Net Sales ¥15,000 million (YoY -3.3%) / Operating profit ¥1,000 million (YoY -19.6%) / Ordinary income ¥500 million (YoY -43.6%) / Profit attributable to owners of the parent ¥2,500 million (YoY +503.2%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥15,000 million / Operating profit Not disclosed → ¥1,000 million / Ordinary income Not disclosed → ¥500 million / Profit attributable to owners of the parent Not disclosed → ¥2,500 million |
| Annual Dividend Forecast | 40 Yen → 40 Yen（0.0%） |
| Segment revenue | Omitted because the Company has a single segment (ocean-going shipping). |
| Segment profit | Omitted because the Company has a single segment (ocean-going shipping). |
| Depreciation and amortization | ¥2,548,624 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sales of vessels ¥1,948,609 thousand, Reversal of provision for special repairs ¥34,810 thousand, Gain on insurance proceeds ¥2,887,422 thousand / Extraordinary loss Loss related to prohibition of vessel departure ¥2,722,362 thousand |
| Disclosure regarding the going concern assumption | None ("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 applicable |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| 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 and revised charter rates increased revenue, while lower revenue from a vessel that remains in port because it has not received clearance to depart from the Mexican authorities, downtime resulting from the long-term scheduled maintenance of one VLCC, and higher scheduled maintenance costs and interest expenses put downward pressure on profit. Net income included extraordinary income, including gains on sales of vessels and insurance settlement gains. |
Items this document does not state (7)
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 despite increased utilization of an LPG carrier acquired in the previous period and revised charter rates, due to lower revenue from a vessel that remains in port because it has not received clearance to depart from the Mexican authorities, as well as downtime resulting from the long-term scheduled maintenance of one VLCC. Operating profit decreased due to higher scheduled maintenance costs, while ordinary profit decreased due to higher interest expenses. Interim net income reflected the recognition of extraordinary income, including a gain on the sale of one bulk carrier and insurance settlement gains, while a loss related to the vessel's inability to depart was recognized as an extraordinary loss. Details of the reasons for revising the full-year earnings forecast are provided in separately published materials referenced in this earnings report.