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.
On domestic regular routes, sales and profit declined because transportation volumes of agricultural products, steel products and general consumer goods decreased, while operating costs, including fuel and cargo expenses, increased. On near-sea routes, profit increased as the company took on spot cargo with an emphasis on profitability. Net income benefited from extraordinary gains, including gains on the sale of investment securities. The forecast for the next fiscal year assumes continued uncertainty over the outlook for the situation in the Middle East, among other factors.
Impairment loss: ¥1.166 million; loss on disposal of fixed assets: ¥21.143 million; impairment loss on investment securities: ¥652,000; other: ¥1.081 million; total extraordinary losses: ¥24.044 million
| Item | Details |
|---|---|
| Net Sales | Not disclosed → Cumulative second-quarter results 27,000 / Full year 54,500 |
| Operating profit | Not disclosed → Cumulative second-quarter results 1,000 / Full year 2,200 |
| Ordinary income | Not disclosed → Cumulative second-quarter results 1,300 / Full year 2,600 |
| Profit attributable to owners of the parent | Not disclosed → Cumulative second-quarter results 800 / Full year 1,700 |
| Net income per share | Not disclosed → Cumulative second-quarter results 64.65 / Full year 137.38 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Six months and full year |
| Previous-period results | Net sales: ¥53,071 million; operating profit: ¥2,705 million; ordinary profit: ¥3,302 million; net income attributable to owners of the parent: ¥2,013 million; net income per share: ¥159.83 (fiscal year ended March 2025) |
| Reason for the revision | On domestic regular routes, sales and profit declined because transportation volumes of agricultural products, steel products and general consumer goods decreased, while operating costs, including fuel and cargo expenses, increased. On near-sea routes, profit increased as the company took on spot cargo with an emphasis on profitability. Net income benefited from extraordinary gains, including gains on the sale of investment securities. The forecast for the next fiscal year assumes continued uncertainty over the outlook for the situation in the Middle East, among other factors. |
| Details and amount of extraordinary loss | Impairment loss: ¥1.166 million; loss on disposal of fixed assets: ¥21.143 million; impairment loss on investment securities: ¥652,000; other: ¥1.081 million; total extraordinary losses: ¥24.044 million |
| Dividend forecast revision | For the fiscal year ending March 2026, the dividend was increased by ¥5 per share from the previous forecast of ¥25, with a special dividend of ¥30 added, bringing the total to ¥60 per share. For the fiscal year ending March 2027, a dividend of ¥30 per share is planned. |
| 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.In the current fiscal year, the company recorded lower sales and profits on domestic regular routes because transportation volumes of agricultural products, steel products and general consumer goods declined, while operating costs, including fuel and cargo expenses, increased. On near-sea routes, profit increased as the company took on spot cargo with an emphasis on profitability, and net income benefited from extraordinary gains, including gains on the sale of investment securities. For the next fiscal year, the company cited uncertainty over the situation in the Middle East and concerns about rising costs, including crude oil, food materials and labor costs.