Nippon Yusen Kabushiki Kaisha's share price recently edged down from ¥7,420 to ¥7,337. It reached an all-time high through September, but has recently traded in the low ¥7,000 range.
Nippon Yusen Kabushiki Kaisha's share price reached a closing price of ¥7,420 on 7 September before falling to ¥7,337 on 14 September. Over the past 5 trading days, it has remained near its highs but continued to trade in the low ¥7,000 range.
Japanese securities firms raised their price targets sequentially on 1 September, 4 September and 7 September, to ¥6,700 and ¥6,900. Rating revisions have appeared intermittently over a short period, and factors supporting a reassessment of the share price level continue to emerge.
The company announced its results for 1Q of the fiscal year ending March 2027 on 5 August. Revenue was ¥727.7 billion and net income was ¥67.1 billion, up 33.5% year on year. The full-year forecast was also revised upward. In 1Q, Energy and Dry Bulk drove earnings growth amid developments in the Strait of Hormuz, while Automotive and Logistics reported lower earnings, highlighting the divergence in performance across business segments.
Trading volume expanded by approximately 53% from the previous day to 3,393,900 shares on the same day. The closing price was ¥7,097, and the increase in trading activity at the beginning of the month, as the share price moved to a higher level, contributed to its continued trading near its highs. As of 5 August, the annual dividend forecast had been revised to ¥240, an increase from the previous fiscal year's actual dividend of ¥230.