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日本海事新聞ニュース Japan Maritime Daily Feb 06, 2025 (Thu)

NYK raises FY2024 forecast by 70 billion yen

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　On February 5, NYK announced that it expects its consolidated ordinary profit for the fiscal year e ・・・続きはログインして下さいnext %E3%80%80On+February+5%2C+%3Cb%3ENYK%3C%2Fb%3E+announced+that+it+expects+its+consolidated+ordinary+profit+for+the+fiscal+year+ending+March+2025+to+increase+84%25+from+the+previous+period+to+480+billion+yen.+This+is+an+upward+revision+of+70+billion+yen+from+the+previous+forecast+announced+in+November+last+year.+In+addition+to+container+ship+freight+rates+and+handling+volumes+for+the+October-December+2024+period+exceeding+expectations%2C+the+weak+yen+contributed.+PCTCs%2C+dry+bulk+carriers%2C+and+energy+transport+are+also+expected+to+exceed+previous+forecasts+by+2+to+5+billion+yen+each+due+to+the+effects+of+the+weak+yen.+%3Cbr%3E%E3%80%80With+%3Cb%3ENYK%3C%2Fb%3E%E2%80%99s+announcement%2C+the+three+shipping+majors+now+have+their+full-year+earnings+forecasts+out.+MOL+%28announced+on+January+31%29+expects+its+full-year+ordinary+profit+to+be+410+billion+yen%2C+an+increase+of+45+billion+yen+from+its+previous+forecast%2C+while+%E2%80%9CK%E2%80%9DLine+%28announced+on+February+4%29+expects+its+full-year+ordinary+profit+to+be+300+billion+yen%2C+an+increase+of+60+billion+yen+from+its+previous+forecast.+%3Cbr%3E%E3%80%80In+response+to+the+strong+business+performance%2C+%3Cb%3ENYK%3C%2Fb%3E+will+increase+its+annual+dividend+by+50+yen+from+its+previous+plan+to+310+yen+%28previous+period%E2%80%99s+actual+dividend+was+140+yen%29.+The+company+is+currently+repurchasing+its+own+shares+as+a+shareholder+return%2C+with+a+maximum+amount+of+130+billion+yen.+By+the+end+of+January%2C+the+company+had+completed+just+over+90%25+of+this+amount.+%3Cbr%3E%E3%80%80The+exchange+rate+assumption+for+the+January-March+period+is+1+dollar+%3D+154+yen.+Exchange+rate+sensitivity+over+the+three-month+period+is+that+a+1+yen+depreciation+will+lead+to+an+increase+in+ordinary+profit+of+410+million+yen.+%3Cbr%3E%E3%80%80%E2%96%A0+Liner+vessel+declines+at+the+end+of+the+fiscal+year+%3Cbr%3E%E3%80%80Full-year+ordinary+profit+by+segment+is+expected+to+be+262+billion+yen+%283.9+times+higher+than+the+previous+period%29+for+the+liner+vessel+business%2C+up+57+billion+yen+from+the+previous+forecast.+Although+short-term+freight+rates+are+expected+to+fall+towards+the+end+of+the+fiscal+year%2C+market+conditions+for+the+October-December+2024+period+exceeded+expectations+due+to+strong+cargo+movements+and+tight+supply+and+demand+caused+by+the+situation+in+the+Red+Sea.+%3Cbr%3E%E3%80%80Ordinary+profit+for+the+air+transportation+business%2C+mainly+headed+by+NCA+%28Nippon+Cargo+Airlines%29%2C+is+expected+to+increase+by+6+billion+yen+from+forecast+to+19+billion+yen+%283.3+times+higher+than+the+previous+period%29.+%3Cbr%3E%E3%80%80Ordinary+profit+for+the+logistics+business+remains+unchanged+from+the+previous+forecast+at+22+billion+yen+%28down+15%25+from+the+previous+period%29.+In+the+April-December+2024+period%2C+air+cargo+saw+strong+cargo+movements+from+Asia%2C+while+sea+cargo+saw+front-loaded+demand+due+to+concerns+about+strikes+on+the+US+East+Coast%2C+but+a+decline+due+to+seasonal+factors+is+expected+in+the+January-March+period.+%3Cbr%3E%E3%80%80%E2%96%A0+Demand+for+automobiles+remains+strong+%3Cbr%3E%E3%80%80Ordinary+profit+for+the+automotive+business+was+revised+upward+by+5+billion+yen+to+115+billion+yen+%28up+9%25+from+the+previous+period%29%2C+exceeding+expectations.+Amid+ongoing+port+congestion+and+the+situation+in+the+Red+Sea%2C+the+company+improves+ship+utilization+rates+through+flexible+vessel+allocation+and+captures+strong+transport+demand.+The+number+of+vehicles+transported+for+the+full+year+is+expected+to+be+4.43+million+units%2C+down+2%25+from+the+previous+period.+%3Cbr%3E%E3%80%80The+dry+bulk+business+is+expected+to+increase+by+2+billion+yen+from+the+forecast+to+22+billion+yen+%2822%25+increase+from+the+previous+period%29.+Market+conditions+were+strong+in+the+first+half+of+the+year%2C+particularly+for+Capesize+vessels%2C+but+softened+from+the+second+half+of+the+October-December+2024+period.+The+weak+yen+is+contributing+to+the+upward+revision.+%3Cbr%3E%E3%80%80The+energy+business+is+expected+to+increase+by+2+billion+yen+from+forecast+to+44+billion+yen+%28down+5%25+from+the+previous+period%29.+While+the+VLCC+%28Very+Large+Crude+Carrier%29+market+has+softened+due+to+a+decline+in+demand+from+China%2C+and+the+Very+Large+LPG+Carrier+%28VLGC%29+market+has+softened+due+to+increased+ship+supply+and+the+easing+of+the+effects+of+drought+in+the+Panama+Canal%2C+stable+earnings+from+medium-+to+long-term+contracts+for+LNG+%28liquefied+natural+gas%29+carriers+and+the+weak+yen+are+working+positively.+%3Cbr%3E%E3%80%80%E2%96%A0+ONE+contributed+228.4+billion+yen+%3Cbr%3E%E3%80%80%3Cb%3ENYK%3C%2Fb%3E+announced+on+the+same+day+that+its+consolidated+financial+results+for+the+April-December+2024+period+showed+ordinary+profit+increasing+2.2+times+from+the+same+period+last+year+to+436.4+billion+yen.+%3Cbr%3E%E3%80%80The+company+recorded+equity+method+investment+profit+of+228.4+billion+yen+%286.8+times+higher+than+the+same+period+last+year%29+from+Ocean+Network+Express+%28ONE%29%2C+a+liner+vessel+company.+The+exchange+rate+was+down+9+yen+compared+to+the+same+period+last+year%2C+resulting+in+a+positive+effect+of+13.4+billion+yen+on+ordinary+profit.+%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