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Earnings presentation9171Kuribayashi Steamship Co.,Ltd.Transportation and Logistics

Supplementary Materials for the Fiscal Year Ending March 2026 Financial Results

In the fourth quarter of the fiscal year ending March 2026, revenue increased 1.4% year on year, while operating profit declined 23.1% and ordinary profit declined 12.7%. Profit for the period after tax increased 84.9% year on year to ¥3,724 million.

Worth reading
55In focus
Scored from 4 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
1710
¥ million
Wording
Conditional
How definitive the wording is.

Contents of this document

Supplementary materials to the earnings reportFourth quarter of the fiscal year ending March 20265 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥53,825 million+1.4%
Operating profit¥2,081 million-23.1%
Ordinary income¥2,883 million-12.7%
Net income¥3,724 million+84.9%
Full-year earnings forecast
Net Sales
¥53,747 million
Operating profit
¥2,517 million
Ordinary income
¥3,151 million
Net profit attributable to owners of the parent
¥3,792 million
Progress against full-year forecast　通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales100.1%
Operating profit82.7%
Ordinary income91.5%
Net profit attributable to owners of the parent98.2%
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Decline factor shown in the chart (name illegible)¥-42,740 million
  • Increase factor shown in the chart (name illegible)¥11,084 million
  • Increase factor shown in the chart (name illegible)¥801 million
  • Decline factor shown in the chart (name illegible)¥-1,721 million
  • Decline factor shown in the chart (name illegible)¥-355 million
New initiatives
  • Newly made 鈴木商店, which wholesales beans and other pulses, a consolidated subsidiary
Key KPIsA metric the company considers important as a management benchmark.
  • Cash and cash equivalents¥12,235 million
    Year on year against the same period last year-1,349.0%
  • Net interest-bearing debt¥14,251 million
    Year on year against the same period last year-356.0%
  • EBITDA (operating profit before depreciation and amortization)¥5,564 million
    Year on year against the same period last year-610.0%
  • Net interest-bearing debt/EBITDA multiple2.6 times
    Year on year against the same period last yearUp from 2.4x
  • Equity ratio28.6 %
    Year on year against the same period last year+2.2 percentage points
Segment results
Shipping
Net Sales
¥48,411 million-0.8%
Operating profit
¥1,734 million-24.9%
Hotels
Net Sales
¥2,507 million-1.6%
Operating profit
¥38 million-83.2%
Real estate
Net Sales
¥568 million-1.5%
Operating profit
¥287 million+1.8%
Other
Net Sales
¥2,337 million+103.5%
Operating profit
¥20 million
Medium-term management plan targets
Net Sales
Target value¥53,000 million
Target fiscal yearFiscal year ending March 2026
Comparison with actual resultsProgress rate: 101.6%
Operating profit
Target value¥2,400 million
Target fiscal yearFiscal year ending March 2026
Comparison with actual resultsProgress rate: 86.7%
Ordinary income
Target value¥3,000 million
Target fiscal yearFiscal year ending March 2026
Comparison with actual resultsProgress rate: 96.1%
Contents of this document
ItemDetails
Document typeSupplementary materials to the earnings report
Fiscal Period CoveredFourth quarter of the fiscal year ending March 2026
Net Sales¥53,825 million (YoY +1.4%)
Operating profit¥2,081 million (YoY -23.1%)
Ordinary income¥2,883 million (YoY -12.7%)
Net income¥3,724 million (YoY +84.9%)
Full-year earnings forecastNet Sales ¥53,747 million / Operating profit ¥2,517 million / Ordinary income ¥3,151 million / Net profit attributable to owners of the parent ¥3,792 million
Progress against full-year forecastNet Sales 100.1% / Operating profit 82.7% / Ordinary income 91.5% / Net profit attributable to owners of the parent 98.2%
Segment resultsShipping Net Sales ¥48,411 million (YoY -0.8%) / Operating profit ¥1,734 million (YoY -24.9%) / Hotels Net Sales ¥2,507 million (YoY -1.6%) / Operating profit ¥38 million (YoY -83.2%) / Real estate Net Sales ¥568 million (YoY -1.5%) / Operating profit ¥287 million (YoY +1.8%) / Other Net Sales ¥2,337 million (YoY +103.5%) / Operating profit ¥20 million
Breakdown of Factors Affecting the ChangeAmount ¥-42,740 million / Factors Decline factor shown in the chart (name illegible), Amount ¥11,084 million / Factors Increase factor shown in the chart (name illegible), Amount ¥801 million / Factors Increase factor shown in the chart (name illegible), Amount ¥-1,721 million / Factors Decline factor shown in the chart (name illegible), Amount ¥-355 million / Factors Decline factor shown in the chart (name illegible)
Key KPIsIndicator name Cash and cash equivalents / Value ¥12,235 million / Year on year against the same period last year ¥-1,349 million, Indicator name Net interest-bearing debt / Value ¥14,251 million / Year on year against the same period last year ¥-356 million, Indicator name EBITDA (operating profit before depreciation and amortization) / Value ¥5,564 million / Year on year against the same period last year ¥-610 million, Indicator name Net interest-bearing debt/EBITDA multiple / Value 2.6 times / Year on year against the same period last year Up from 2.4x, Indicator name Equity ratio / Value 28.6 % / Year on year against the same period last year +2.2 percentage points
Medium-term management plan targetsNet Sales Target value ¥53,000 million / Target fiscal year Fiscal year ending March 2026 / Comparison with actual results Progress rate: 101.6% / Operating profit Target value ¥2,400 million / Target fiscal year Fiscal year ending March 2026 / Comparison with actual results Progress rate: 86.7% / Ordinary income Target value ¥3,000 million / Target fiscal year Fiscal year ending March 2026 / Comparison with actual results Progress rate: 96.1%
New initiativesNewly made 鈴木商店, which wholesales beans and other pulses, a consolidated subsidiary
Items this document does not state (18)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A

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.

The shipping business reported lower revenue and profit due to lower transportation volumes, persistently high fuel oil prices, and increases in labor, seafarer and materials costs. In the hotel business, lower revenue and profit were attributable to a decline in Chinese tourists and increases in raw materials, labor and other costs. The real estate business reported lower revenue following a shift to in-house use, but profit increased because no repair work was required. The Other business reported higher revenue and profit due to persistently high onion prices and the addition of 鈴木商店 to the consolidated group.

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Supplementary Materials for the Fiscal Year Ending March 2026 Financial Results | Kuribayashi Steamship Co.,Ltd. (9171) timely disclosure | Komori