日本海事新聞ニュース Japan Maritime Daily May 12, 2026 (Tue)

NYK Line Forecasts 12% Ordinary Profit Dip to ¥185B as Mideast Tensions and M&A Costs Weigh on Earnings

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　NYK announced on May 11 that its consolidated ordinary profit for the full year ending March 2027 i ・・・ 続きはログインして下さいnext %E3%80%80%3Cb%3ENYK%3C%2Fb%3E+announced+on+May+11+that+its+consolidated+ordinary+profit+for+the+full+year+ending+March+2027+is+expected+to+be+%C2%A5185+billion%2C+down+12%25+from+the+same+period+of+the+previous+year.+The+company+expects+temporary+declines+in+earnings+in+its+automobile+and+liner+businesses+due+to+the+situation+in+the+Middle+East%2C+and+believes+that+the+burden+of+goodwill+amortization+related+to+a+major+acquisition+carried+out+last+year+in+its+logistics+business+will+also+weigh+on+performance.+Normalization+of+the+Strait+of+Hormuz+is+assumed+to+come+after+July.+Takaya+Soga%2C+president+of+%3Cb%3ENYK%3C%2Fb%3E+said+at+an+online+earnings+briefing+held+on+May+11%2C+while+referring+to+negative+factors+such+as+the+impact+of+the+situation+in+the+Middle+East%3A+%E2%80%9CThere+are+various+factors%2C+but+the+fundamentals+of+the+business+itself+have+not+changed+at+all.+We+continue+to+expect+growth+and+will+carry+out+our+plans.%E2%80%9C+%3Cbr%3E+%3Cbr%3E%E3%80%80With+%3Cb%3ENYK%3C%2Fb%3E%E2%80%99s+announcement%2C+the+full-year+results+for+the+fiscal+year+ended+March+2026+and+the+full-year+earnings+forecasts+for+the+fiscal+year+ending+March+2027+for+Japanese+3+big+carriers+are+now+released+%28see+table%29.+For+the+full-year+forecasts+for+fiscal+year+2027%2C+all+three+companies+are+expected+to+report+lower+profits+from+ordinary+profit+downward%2C+but+there+is+a+gap+in+the+rate+of+decline+in+net+profit%2C+with+%3Cb%3ENYK%3C%2Fb%3E+at+8%25%2C+compared+with+20%25+for+MOL+and+29%25+for+%E2%80%9CK%E2%80%9DLine.+%3Cbr%3E%E3%80%80The+Car+Carrier+Division+is+expected+to+be+hit+hardest+by+the+situation+in+the+Middle+East%2C+and+%3Cb%3ENYK%3C%2Fb%3E+and+%E2%80%9CK%E2%80%9DLine%2C+which+disclose+segment+figures+for+this+segment%2C+are+expected+to+post+lower+profits.+MOL+also+anticipates+headwinds+such+as+changes+in+vessel+deployment.+%3Cbr%3E%E3%80%80%3Cb%3ENYK%3C%2Fb%3E%E2%80%99s+other+forecasts+for+the+fiscal+year+ending+March+2027+are+for+net+sales+of+2.605+trillion+yen%2C+up+8%25%2C+operating+profit+of+145+billion+yen%2C+up+5%25%2C+and+net+profit+of+195+billion+yen%2C+down+8%25.+%3Cbr%3E%E3%80%80President+Soga+explained+that+the+forecast+for+the+fiscal+year+ending+March+2027+was+%E2%80%9Cformulated+based+on+two+assumptions%3A+the+timing+of+normalization+in+the+Strait+of+Hormuz+and+the+accompanying+trend+in+fuel+prices.%E2%80%9C+The+assumptions+are+an+exchange+rate+of+155+yen+to+the+dollar+and+bunker+fuel+at+%24741.08+per+ton%2C+representing+a+4.77-yen+depreciation+of+the+yen+and+a+%24201.97+increase%2C+respectively%2C+from+the+previous+period.+The+company+expects+a+positive+impact+of+10.1+billion+yen+from+exchange+rates+and+a+negative+impact+of+15.2+billion+yen+from+fuel+oil.+%3Cbr%3E%E3%80%80By+segment%2C+ordinary+profit+in+the+liner+business+is+projected+to+fall+by+700+million+yen+from+the+previous+period+to+49+billion+yen.+The+profit+level+of+the+container+ship+business+is+expected+to+decline+from+the+fiscal+year+ended+March+2026%2C+reflecting+factors+including+higher+costs+stemming+from+the+situation+in+the+Middle+East.+%3Cbr%3E%E3%80%80Logistics+is+expected+to+decline+by+10.2+billion+yen%2C+leaving+it+roughly+at+break-even+for+the+full+year.+The+profit+level+of+the+logistics+business+is+expected+to+decline+significantly+due+to+the+recording+of+goodwill+amortization+associated+with+the+acquisition+of+a+healthcare+logistics+business+in+Europe+in+fiscal+year+2025.+%3Cbr%3E%E3%80%80In+automobiles%2C+profit+is+expected+to+decline+by+13.9+billion+yen+to+84.0+billion+yen.+Profit+is+expected+to+decline+significantly+due+to+a+decrease+in+the+number+of+vehicles+transported+to+the+Middle+East+and+increased+costs+caused+by+heightened+tensions+in+the+region.+Given+that+demand+for+finished+vehicles+in+the+Middle+East+remains+strong%2C+the+company+is+also+working+to+develop+alternative+routes%2C+such+as+unloading+at+ports+in+Oman+and+elsewhere+that+have+been+confirmed+safe+and+then+delivering+the+vehicles+by+land+transport%2C+in+case+normalization+of+the+Strait+of+Hormuz+is+delayed.+%3Cbr%3E%E3%80%80Dry+bulk+posted+a+4.5+billion+yen+increase+in+profit+to+14.0+billion+yen.+The+company+expects+higher+profit+as+market+conditions+remain+firm+against+a+backdrop+of+steady+cargo+movements+across+all+vessel+types.+%3Cbr%3E%E3%80%80The+energy+segment+posted+a+6.4+billion+yen+decline+in+profit+to+48.0+billion+yen.+This+is+due+to+the+loss+of+the+one-time+profit+recorded+in+fiscal+year+2025+in+the+marine+business%2C+and+excluding+special+factors%2C+earnings+remain+on+an+upward+trend.+%3Cbr%3E%E3%80%80Under+its+shareholder+return+policy%2C+the+company+raised+its+dividend+payout+ratio+to+40%25+in+fiscal+year+2025+%2830%25+through+fiscal+year+2024%29+and+increased+the+minimum+dividend+to+200+yen+%28100+yen+through+fiscal+year+2024%29.+%3Cbr%3E%E3%80%80For+the+fiscal+year+2025+year-end+dividend%2C+the+company+raised+the+ordinary+dividend+by+5+yen+from+the+previous+forecast+to+90+yen%2C+and+with+a+commemorative+dividend+of+25+yen%2C+brought+the+total+to+115+yen.+%3Cbr%3E%E3%80%80Takuji+Banno%2C+Senior+Managing+Executive+Officer+and+CFO+%28Chief+Financial+Officer%29%2C+said%3A+%E2%80%9CSince+fiscal+year+2023%2C+we+have+repurchased+our+own+shares+totaling+480+billion+yen.+They+are+basically+retired+promptly%2C+and+the+number+of+outstanding+shares+has+decreased+by+about+20%25+since+the+start+of+the+current+medium-term+management+plan.+Calculated+on+that+basis%2C+this+has+the+effect+of+boosting+EPS+%28earnings+per+share%29+by+nearly+25%25.%E2%80%9C+%3Cbr%3E%E3%80%80%E2%96%A0+FYE+March+2026+pretax+income+down+57%25+%3Cbr%3E%E3%80%80For+fiscal+year+ended+March+2026%2C+net+sales+fell+by+6%25+from+the+previous+period+to+2%2C423.6+billion+yen%2C+operating+profit+fell+by+34%25+to+138.6+billion+yen%2C+ordinary+profit+fell+by+57%25+to+211.1+billion+yen%2C+and+net+profit+fell+by+56%25+to+211.7+billion+yen.+%3Cbr%3E%E3%80%80Nippon+Cargo+Airlines+%28NCA%29+was+excluded+from+consolidated+subsidiaries+following+the+completion+of+the+share+exchange%2C+resulting+in+a+144.6+billion+yen+decrease+in+revenue%2C+while+freight+rates+in+the+liner+business+remained+unstable%2C+reducing+ordinary+profit+by+224.5+billion+yen.+%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

日本郵船、今期経常1850億円。12%減、中東・買収費用響く

2026/05/12(火)

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