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日本海事新聞ニュース Japan Maritime Daily May 09, 2024 (Thu)

NYK expects ordinary profit of 250 billion yen in FY2024

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　On May 8, NYK announced that it expects its consolidated ordinary profit for the fiscal year ending ・・・続きはログインして下さいnext %E3%80%80On+May+8%2C+%3Cb%3ENYK%3C%2Fb%3E+announced+that+it+expects+its+consolidated+ordinary+profit+for+the+fiscal+year+ending+March+2025+to+be+250+billion+yen%2C+a+4%25+decrease+from+the+previous+period.+Although+logistics+and+air+transport+will+see+a+decline+in+profits%2C+strong+performances+in+liner+vessels%2C+PCTCs%2C+and+energy+transport+will+support+the+company%2C+ensuring+the+fourth-highest+level+of+profits+ever.+Speaking+at+a+press+conference+on+the+same+day%2C+President+Takaya+Soga+emphasized+the+positive+response%2C+saying%2C+%E2%80%9CWe+have+started+our+medium-term+management+plan+%28covering+FY+2023-2026%29+on+a+good+note.%E2%80%9C+In+response+to+the+company%E2%80%99s+strong+performance%2C+it+has+decided+to+purchase+an+additional+100+billion+yen+of+treasury+shares+at+maximum+by+the+end+of+April+next+year.+%3Cbr%3E%E3%80%80With+%3Cb%3ENYK%3C%2Fb%3E%E2%80%99s+announcement%2C+all+three+shipping+majors+have+released+their+earnings+forecasts+for+this+period.+MOL+%28announced+on+April+30%29+expects+its+pretax+profit+for+this+period+to+be+230+billion+yen%2C+down+11%25+from+the+previous+period%2C+while+%E2%80%9CK%E2%80%9DLine+%28announced+on+May+7%29+expects+its+pretax+profit+to+be+135+billion+yen%2C+down+1%25.+%3Cbr%3E%E3%80%80%3Cb%3ENYK%3C%2Fb%3E%E2%80%99s+net+profit+for+this+period+is+expected+to+increase+7%25+to+245+billion+yen.+The+transfer+of+shares+in+Nippon+Cargo+Airlines+%28NCA%29+and+the+transfer+of+overseas+terminals+to+Ocean+Network+Express+%28ONE%29%2C+a+liner+business+consolidated+company+of+Japanese+3+big+carriers%2C+are+contributing+factors+in+pushing+up+the+profit.+%3Cbr%3E%E3%80%80The+annual+dividend+is+expected+to+be+increased+to+160+yen+%28140+yen+in+the+previous+period%29.+The+assumed+exchange+rate+is+145+yen+to+the+dollar%2C+and+exchange+rate+sensitivity+is+1+yen+depreciation%2C+which+would+lead+to+an+increase+in+profit+of+2.14+billion+yen.+%3Cbr%3E%E3%80%80In+FY2023%2C+%3Cb%3ENYK%3C%2Fb%3E+completed+the+acquisition+of+approximately+200+billion+yen+worth+of+treasury+stock+as+a+shareholder+return+and+has+already+cancelled+all+of+the+shares.+%3Cbr%3E%E3%80%80The+newly+decided+additional+acquisition+will+involve+investing+up+to+100+billion+yen+by+the+end+of+April+next+year%2C+acquiring+up+to+35+million+shares%2C+equivalent+to+7.6%25+of+the+total+number+of+issued+shares+%28excluding+treasury+shares%29%2C+and+then+canceling+all+of+the+shares.+%3Cbr%3E%E3%80%80%E2%96%A0+Avoid+the+Red+Sea+until+the+first+half+of+the+year+%3Cbr%3E%E3%80%80%3Cb%3ENYK%3C%2Fb%3E%E2%80%99s+pretax+profit+by+segment+for+this+period+is+expected+to+increase+13%25+to+76.5+billion+yen+for+liner+vessels.+While+the+delivery+of+new+ships+around+the+world+is+reaching+its+peak%2C+it+expects+that+sailings+along+the+Cape+of+Good+Hope+route+will+continue+during+the+first+half+of+the+year+due+to+the+risk+of+attacks+on+merchant+ships+in+the+Red+Sea%2C+which+is+expected+to+have+a+certain+effect+of+tightening+supply+and+demand.+%3Cbr%3E%E3%80%80Logistics+pretax+profit+is+expected+to+fall+42%25+to+15+billion+yen.+Although+the+volume+of+air+and+sea+freight+handled+is+expected+to+increase%2C+freight+rates+are+expected+to+fall+due+to+market+conditions.+%3Cbr%3E%E3%80%80Air+transportation+is+expected+to+incur+an+operating+loss+of+500+million+yen+%28compared+to+a+profit+of+5.7+billion+yen+in+the+previous+period%29.+It+reflects+increased+costs+due+to+postponement+of+equipment+maintenance.+Due+to+the+transfer+of+NCA+shares+scheduled+for+July+1%2C+only+income+and+expenditure+for+the+April-June+period+will+be+recorded.+%3Cbr%3E%E3%80%80Pretax+profit+for+non-liners+is+expected+to+decrease+4%25+to+163+billion+yen.+%3Cbr%3E%E3%80%80In+the+energy+business%2C+medium-+to+long-term+contracts+for+LNG+%28liquefied+natural+gas%29+carriers+serve+as+a+stable+source+of+revenue.+Market+conditions+for+Very+Large+LPG+Carriers+%28VLGC%29+are+expected+to+remain+high+due+to+strong+shipments+from+the+United+States.+%3Cbr%3E%E3%80%80Amid+a+tight+supply+and+demand+situation+for+ship+space%2C+the+PCTC+business+is+seeking+to+improve+ship+utilization+rates+and+capture+strong+transport+demand.+The+number+of+vehicles+transported+is+planned+to+increase+by+1%25+to+4.54+million+vehicles.+%3Cbr%3E%E3%80%80The+dry+bulk+business+will+be+affected+by+softening+freight+rates+for+conventional+vessels+and+reduced+transport+volumes%2C+but+market+conditions+for+each+type+of+bulker+are+expected+to+remain+at+or+above+the+previous+period.+%3Cbr%3E%E3%80%80%E2%96%A0+Profits+down+80%25+in+the+previous+period+%3Cbr%3E%E3%80%80%3Cb%3ENYK%3C%2Fb%3E+announced+on+the+same+day+that+its+consolidated+financial+results+for+the+fiscal+year+ending+March+2024+showed+ordinary+profit+of+261.3+billion+yen%2C+down+77%25+from+the+previous+period.+As+the+container+shipping+boom+subsided%2C+ONE%E2%80%99s+equity+method+investment+profits+shrunk+to+53.4+billion+yen+%28770.3+billion+yen+in+the+previous+period%29.+%3Cbr%3E%E3%80%80Although+profits+fell+sharply%2C+the+level+was+the+third+highest+ever%2C+supported+by+a+profit+boost+of+over+10+billion+yen+due+to+the+weak+yen%2C+as+well+as+strong+transport+demand+for+PCTCs+and+solid+performance+of+tankers+and+gas+carriers.+%3Cbr%3E%3Cbr%3E%3Cbr%3E%3Cbr%3EDisclaimer%3A+The+English+translations+provided+through+this+service+are+the+result+of+translations+made+by+The+Japan+Maritime+Daily+or+automatically+and+mechanically+translated+by+The+Japan+Maritime+Daily+using+an+automated+translation+system+provided+by+a+third+party+after+certain+processing+of+the+Japanese+content+licensed+by+the+third+party.+In+terms+of+the+English+translation%2C+The+Japan+Maritime+Daily+and+MarineNet+Co.%2C+Ltd.+make+no+warranty+or+burden+of+any+kind%2C+express+or+implied%2C+including+its+accuracy%2C+reliability%2C+validity+or+fitness+for+a+particular+purpose.+MarineNet+Users+should+fully+understand+that+this+service+uses+an+automated+translation+system+that+automatically+and+mechanically+recognizes+and+analyzes+information+and+produces+results.+The+users+should+understand+the+above+conditions+before+using+this+service.%3Cbr%3E%3Cbr%3E%E5%85%8D%E8%B2%AC%E4%BA%8B%E9%A0%85%EF%BC%9A%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%82%92%E4%BB%8B%E3%81%97%E3%81%A6%E6%8F%90%E4%BE%9B%E3%81%95%E3%82%8C%E3%82%8B%E8%8B%B1%E8%A8%B3%E3%81%AF%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%BD%9C%E6%88%90%E3%81%99%E3%82%8B%E3%81%8B%E3%80%81%E5%8F%88%E3%81%AF%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8B%E3%82%89%E4%BD%BF%E7%94%A8%E8%A8%B1%E8%AB%BE%E3%82%92%E5%8F%97%E3%81%91%E3%81%9F%E6%97%A5%E6%9C%AC%E8%AA%9E%E3%81%AE%E3%82%B3%E3%83%B3%E3%83%86%E3%83%B3%E3%83%84%E3%82%92%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%B8%80%E5%AE%9A%E3%81%AE%E5%87%A6%E7%90%86%E3%82%92%E8%A1%8C%E3%81%A3%E3%81%9F%E4%B8%8A%E3%81%A7%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8C%E6%8F%90%E4%BE%9B%E3%81%99%E3%82%8B%E8%87%AA%E5%8B%95%E7%BF%BB%E8%A8%B3%E3%82%B7%E3%82%B9%E3%83%86%E3%83%A0%E3%82%92%E5%88%A9%E7%94%A8%E3%81%97%E3%81%A6%E8%87%AA%E5%8B%95%E7%9A%84%E3%83%BB%E6%A9%9F%E6%A2%B0%E7%9A%84%E3%81%AB%E7%BF%BB%E8%A8%B3%E3%81%97%E3%81%9F%E7%B5%90%E6%9E%9C%E3%81%A7%E3%81%82%E3%82%8A%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%80%81%E3%83%9E%E3%83%AA%E3%83%B3%E3%83%8D%E3%83%83%E3%83%88%E3%81%AF%E3%80%81%E5%BD%93%E8%A9%B2%E8%8B%B1%E8%A8%B3%E3%81%AB%E9%96%A2%E3%81%97%E3%81%A6%E3%80%81%E3%81%9D%E3%81%AE%E6%AD%A3%E7%A2%BA%E6%80%A7%E3%80%81%E4%BF%A1%E9%A0%BC%E6%80%A7%E3%80%81%E5%A6%A5%E5%BD%93%E6%80%A7%E5%8F%8A%E3%81%B3%E7%89%B9%E5%AE%9A%E7%9B%AE%E7%9A%84%E3%81%B8%E3%81%AE%E9%81%A9%E5%90%88%E6%80%A7%E3%82%92%E5%90%AB%E3%82%81%E3%80%81%E6%98%8E%E7%A4%BA%E5%8F%88%E3%81%AF%E9%BB%99%E7%A4%BA%E3%81%AB%E3%82%82%E3%80%81%E3%81%84%E3%81%8B%E3%81%AA%E3%82%8B%E4%BF%9D%E8%A8%BC%E3%82%82%E3%81%97%E3%81%BE%E3%81%9B%E3%82%93%E3%80%82%E3%83%9E%E3%83%AA%E3%83%B3%E3%83%8D%E3%83%83%E3%83%88%E3%83%A6%E3%83%BC%E3%82%B6%E3%83%BC%E3%81%AF%E3%80%81%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%81%8C%E3%80%81%E8%87%AA%E5%8B%95%E7%9A%84%E3%81%8B%E3%81%A4%E6%A9%9F%E6%A2%B0%E7%9A%84%E3%81%AB%E6%83%85%E5%A0%B1%E3%82%92%E8%AA%8D%E8%AD%98%E3%83%BB%E5%88%86%E6%9E%90%E3%81%97%E3%81%A6%E7%B5%90%E6%9E%9C%E3%82%92%E5%87%BA%E5%8A%9B%E3%81%99%E3%82%8B%E8%87%AA%E5%8B%95%E7%BF%BB%E8%A8%B3%E3%82%B7%E3%82%B9%E3%83%86%E3%83%A0%E3%82%92%E4%BD%BF%E7%94%A8%E3%81%97%E3%81%9F%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%81%A7%E3%81%82%E3%82%8B%E3%81%93%E3%81%A8%E3%82%92%E5%8D%81%E5%88%86%E3%81%AB%E7%90%86%E8%A7%A3%E3%81%97%E3%81%9F%E4%B8%8A%E3%81%A7%E3%80%81%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%82%92%E5%88%A9%E7%94%A8%E3%81%99%E3%82%8B%E3%82%82%E3%81%AE%E3%81%A8%E3%81%97%E3%81%BE%E3%81%99%E3%80%82%3Cbr%3E