dbg

日本海事新聞ニュース Japan Maritime Daily Jun 25, 2024 (Tue)

‌【Interview】President Myochin of “K”Line, to set a path to the targets for FY 2030

“K”Line President Yukikazu Myochin
　--Ordinary profit for FY 2023 was 135.7 billion yen, down 80% from the previous term, but the profi ・・・ %E3%80%80--Ordinary+profit+for+FY+2023+was+135.7+billion+yen%2C+down+80%25+from+the+previous+term%2C+but+the+profit+amount+was+the+third+highest+in+the+company%E2%80%99s+history.+What+is+your+take+on+this%3F+%3Cbr%3E%E3%80%80%E2%80%9CThe+soaring+container+shipping+market+that+has+continued+for+the+past+two+years+from+FY+2021+to+FY+2022+has+returned+to+normal.+In+FY+2023%2C+our+efforts+in+our+self-managed+businesses+in+dry+bulk%2C+energy+resources%2C+and+product+logistics+other+than+containers%2C+mainly+in+iron+ore+carriers%2C+PCTCs%2C+and+LNG+%28liquefied+natural+gas%29+carriers%2C+are+beginning+to+bear+fruit%2C+and+we+were+able+to+make+solid+profits.%E2%80%9C+%3Cbr%3E%E3%80%80%E2%80%9COperating+profit+increased+by+8%25+from+the+previous+term+to+84.7+billion+yen.+With+the+weak+yen+as+a+tailwind%2C+we+were+able+to+secure+profits+close+to+our+profit+target+of+140+billion+yen+that+we+initially+planned+for+FY+2026%2C+the+final+fiscal+year+of+our+medium-term+management+plan.%E2%80%9C+%3Cbr%3E%E3%80%80--Operating+profit+for+FY+2024+is+expected+to+increase+by+10%25+from+the+previous+period+to+93+billion+yen%2C+while+ordinary+profit+is+expected+to+decrease+by+1%25+to+135+billion+yen.+%3Cbr%3E%E3%80%80%E2%80%9CThe+dry+bulk+business+faces+uncertainties+about+the+future+of+the+Chinese+economy+and+geopolitical+risks+in+the+Middle+East.+However%2C+in+FY+2024%2C+the+market+will+recover+and+temporary+factors+that+could+cause+a+decline+in+profits+will+be+removed.+Furthermore%2C+the+steady+efforts+to+restructure+the+fleet%2C+such+as+disposing+of+high-cost+vessels%2C+will+increase+market+resilience.+Therefore%2C+we+expect+to+see+profits+in+line+with+our+normal+growth+rate.%E2%80%9C+%3Cbr%3E%E3%80%80%E2%80%9CEnergy+resource+transportation%2C+which+is+mainly+based+on+medium-+to+long-term+contracts%2C+will+ensure+stable+profits%2C+but+we+expect+a+decline+in+profits+due+to+the+recognition+of+one-time+impairment+losses.+Production+and+shipments+of+PCTCs+will+remain+strong%2C+mainly+in+Asia+and+Japan%2C+and+the+tight+balance+between+supply+and+demand+will+likely+continue.+We+expect+profits+across+our+self-managed+businesses+to+be+slightly+higher+than+in+the+previous+period.%E2%80%9C+%3Cbr%3E%E3%80%80%E2%80%9CRegarding+the+performance+forecast+for+container+ships+operated+through+Ocean+Network+Express+%28ONE%29%2C+which+is+invested+in+by+Japanese+3+big+carriers%2C+long-term+%28contract%29+freight+rates+were+settled+at+the+same+level+as+the+previous+period%2C+but+short-term+%28spot%29+freight+rates+have+been+rising+recently.+The+rise+in+short-term+freight+rates+is+mainly+due+to+the+tightening+of+supply+and+demand+of+tonnage+due+to+the+longer+transport+distances+required+to+bypass+the+Red+Sea+and+the+return+of+transport+demand+after+inventory+adjustments+were+completed%2C+mainly+in+North+America.%E2%80%9D+%3Cbr%3E%E2%96%A0+Shortage+of+containers+becomes+obvious+%3Cbr%3E%E3%80%80--Short-term+container+shipping+freight+rates+are+rising+unexpectedly.+%3Cbr%3E%E3%80%80%E2%80%9CWe+assumed+that+Israel+and+Hamas+would+agree+to+a+ceasefire+by+fall%2C+and+that+spot+freight+rates+would+gradually+fall+accordingly.+Contrary+to+expectations%2C+spot+freight+rates+are+rising+further.+The+detouring+of+the+Suez+Canal+has+tightened+the+supply+and+demand+balance+for+shipping+capacity%2C+and+the+container+shortage+appears+to+be+becoming+more+pronounced.%E2%80%9C+%3Cbr%3E%E3%80%80%E2%80%9CIt+is+believed+that+some+cargo+shipments+are+being+brought+forward+in+anticipation+of+labor+negotiations+at+ports+on+the+east+coast+of+the+United+States.+Normally%2C+cargo+movements+become+active+around+summer+in+preparation+for+the+Christmas+sales+season.+However%2C+this+is+the+time+of+year+when+inventory+is+built+up%2C+and+there+is+uncertainty+regarding+labor-management+negotiations+on+the+east+coast+of+North+America.+Because+of+this%2C+there+are+moves+to+secure+goods+early+in+order+to+avoid+missing+out+on+business+opportunities.+I+think+that%E2%80%99s+what%E2%80%99s+exacerbating+the+container+shortage.%E2%80%9C+%3Cbr%3E%E3%80%80--The+company+has+raised+its+ordinary+profit+target+for+FY+2026+from+140+billion+yen+to+160+billion+yen.+%3Cbr%3E%E3%80%80%E2%80%9COur+goal+was+to+evenly+earn+an+income+of+70+billion+yen+each+from+our+self-managed+business+and+the+container+ship+business.+Two+years+have+passed+since+the+start+of+the+medium-term+plan%2C+and+we+are+confident+that+we+can+achieve+our+profit+target+for+FY+2026+ahead+of+schedule%2C+so+we+have+set+new+target+figures.%E2%80%9C+%3Cbr%3E%E3%80%80%E2%80%9CWe+have+not+changed+the+target+figures+for+container+ship+business%2C+but+we+have+raised+the+profit+target+for+our+self-managed+business+by+20+billion+yen+to+90+billion+yen.+The+ordinary+profit+forecast+for+the+self-managed+business+in+FY+2024+is+also+90+billion+yen%2C+but+even+if+the+yen+strengthens+in+the+future%2C+we+will+still+secure+90+billion+yen.%E2%80%9C+%3Cbr%3E%E3%80%80%E2%80%9CFurthermore%2C+we+are+aiming+for+ordinary+profits+of+110+billion+yen+and+more+from+our+self-managed+business+in+FY+2030.+It+is+important+to+set+a+path+for+achieving+the+goals+set+for+2030.+There+is+still+a+lot+of+work+to+be+done+to+ensure+we+continue+to+post+profits+that+exceed+our+cost+of+capital.%E2%80%9C+%3Cbr%3E%E3%80%80--ONE+announced+its+medium-term+management+plan+in+March.+What+are+your+expectations+as+a+shareholder%3F+%3Cbr%3E%E3%80%80%E2%80%9CWe+have+entered+a+critical+period+in+which+we+must+seriously+consider+how+to+utilize+the+capital+we+have+accumulated+during+this+historic+market+boom+to+achieve+sustainable+growth+in+the+future.+The+business+environment+is+undergoing+major+changes%2C+such+as+the+withdrawal+of+Germany%E2%80%99s+Hapag+Lloyd+from+the+liner+alliance+to+which+ONE+belongs.+ONE%E2%80%99s+fleet+size+is+the+sixth+largest+in+the+industry%2C+but+how+will+it+increase+its+competitive+advantage%3F+This+will+need+further+discussion.%E2%80%9C+%3Cbr%3E%E2%96%A0+Active+investment+in+LNG+carriers+%3Cbr%3E%E3%80%80--The+company+has+revised+its+investment+amount+during+the+medium-term+plan+period+upward+from+630+billion+yen+to+740+billion+yen%2C+and+its+shareholder+return+amount+from+over+500+billion+yen+to+over+700+billion+yen.+%3Cbr%3E%E3%80%80%E2%80%9CWe+have+re-examined+our+operating+cash+flow+%28CF%29+for+the+medium-term+management+plan+period%2C+which+is+now+expected+to+increase+by+200+billion+yen+from+the+previous+forecast+made+in+May+2023+to+1.4+trillion+yen.+We+will+make+growth+investments+to+further+increase+our+corporate+value%2C+and+then+enhance+shareholder+returns.%E2%80%9C+%3Cbr%3E%E3%80%80%E2%80%9CRegarding+growth+investments%2C+we+will+increase+investment+in+LNG+carriers+by+90+billion+yen%2C+from+160+billion+yen+to+250+billion+yen.+Demand+for+natural+gas+is+increasing+as+a+transitional+low-carbon+energy+source+with+a+low+environmental+impact.+We+will+conduct+marketing+activities+that+combine+sales+and+technology%2C+and+proactively+respond+to+the+transportation+needs+of+our+customers+both+in+Japan+and+abroad.%E2%80%9C+%3Cbr%3E%E3%80%80%E2%80%9CWe+will+also+increase+investment+in+new+businesses%2C+such+as+liquefied+CO2+%28carbon+dioxide%29+transport+ships%2C+ammonia+transport+ships%2C+and+offshore+wind+power+generation+support+ships%2C+from+30+billion+yen+to+90+billion+yen.+Investment+in+PCTCs+remains+unchanged+at+200+billion+yen.+Investment+in+iron+ore+carriers+was+revised+downward+from+120+billion+yen+to+70+billion+yen.+This+does+not+mean+we+are+reducing+investment%2C+but+rather%2C+delaying+the+timing+of+investment.+Shippers+are+currently+assessing+how+to+handle+new+fuels%2C+and+there+is+no+change+to+our+policy+of+responding+firmly+to+customer+demand.%E2%80%9C+%3Cbr%3E%E3%80%80--The+company+is+also+actively+working+towards+digital+transformation+%28DX%29.+%3Cbr%3E%E3%80%80%E2%80%9CI+believe+that+the+essence+of+DX+is+to+maximize+the+use+of+digital+technology+to+improve+operational+efficiency+and+increase+the+added+value+of+the+services+provided+to+customers.+We+will+use+digital+technology+to+create+added+value+in+the+areas+of+safety%2C+the+environment+and+quality+of+our+services%2C+which+are+our+priorities.%E2%80%9C+%3Cbr%3E%E3%80%80%E2%80%9CWith+regard+to+digital+transformation+of+our+staff%2C+we+have+clarified+the+necessary+skills+and+knowledge+and+have+been+providing+digital+transformation+education+for+the+staff+to+learn+these.+Specifically%2C+we+want+to+develop+leaders+who+are+knowledgeable+about+the+latest+technology%2C+IT+and+security+to+lead+the+business+transformation%2C+as+well+as+employees+who+have+the+ability+to+plan+and+implement+projects+using+data+and+digital+technology.+We+are+also+cultivating+a+user+base+that+includes+all+employees%2C+in+order+to+raise+the+bottom+line.%E2%80%9C+%3Cbr%3E%28Published+from+time+to+time%29+%3Cbr%3E%E3%80%80Yukikazu+Myochin+graduated+from+the+Faculty+of+Letters%2C+the+University+of+Tokyo+in+1984+and+joined+%3Cb%3E%E2%80%9CK%E2%80%9DLine%3C%2Fb%3E.+He+became+Head+of+Containership+Business+Group+in+2010%2C+Executive+Officer+in+2011%2C+Director%2C+Managing+Executive+Officer+in+2016%2C+Representative+Director%2C+Senior+Managing+Executive+Officer+in+2018%2C+and+has+held+his+current+position+since+April+2019.+Born+in+Tokyo%2C+63+years+old.+%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

この記事を印刷する
Print
【海運トップに聞く　24年度の舵取り】(4)川崎汽船社長・明珍幸一氏、30年度利益目標へ道筋
2024/06/25(火)
日本海事新聞 JMD


関連記事ニュース Related news

デバッグエリア

　～　
title_ja=　 title_en=　

↑