Nippon Yusen Kabushiki Kaisha hereby announces revisions to its consolidated financial forecasts for the cumulative second quarter and the full year of the fiscal year ending March 31, 2027 (hereinafter "the Current Fiscal Year"), which were previously announced on August 5, 2026.
(1) Revisions to the Consolidated Forecast for the Cumulative Second Quarter of the Current Fiscal Year (April 1, 2026 - September 30, 2026) (Million yen)
| Revenue | Operating profit | Recurring profit | Profit attributable to owners of parent | Profit per share (yen) | |
|---|---|---|---|---|---|
| Previous forecast (A) (Announced on August 5, 2026) | 1,440,000 | 102,000 | 160,000 | 155,000 | 383.82 |
| Revised forecast (B) | 1,505,000 | 114,000 | 213,000 | 203,000 | 502.67 |
| Change (B-A) | 65,000 | 12,000 | 53,000 | 48,000 | 118.85 |
| Percentage change (%) | 4.5% | 11.8% | 33.1% | 31.0% | 31.0% |
| (ref.) Year ended March 31, 2026 2nd Quarter (Cumulative) Results | 1,182,100 | 59,849 | 118,636 | 98,331 | 230.16 |
(April 1, 2026 - March 31, 2027) (Million yen)
| Revenue | Operating profit | Recurring profit | Profit attributable to owners of parent | Profit per share (yen) | |
|---|---|---|---|---|---|
| Previous forecast (A) (Announced on August 5, 2026) | 2,881,000 | 185,000 | 250,000 | 240,000 | 594.49 |
| Revised forecast (B) | 3,000,000 | 210,000 | 335,000 | 330,000 | 817.36 |
| Change (B-A) | 119,000 | 25,000 | 85,000 | 90,000 | 222.87 |
| Percentage change (%) | 4.1% | 13.5% | 34.0% | 37.5% | 37.5% |
| (ref.) Year ended March 31, 2026 Full Year Results | 2,423,689 | 138,601 | 211,135 | 211,750 | 504.85 |
Assumptions for the forecasts of consolidated financial results:
Foreign Exchange Rate
(Cumulative through second quarter) ¥160.47/US$ (Full year) ¥157.98/US$
Bunker Price *
(Cumulative through second quarter) US$759.88/MT (Full year) US$802.32/MT
*Average bunker consumption price for all fuel grades.
Reasons for the Revision:
As container freight market conditions have continued to outperform our previous forecast, the performance of OCEAN NETWORK EXPRESS PTE. LTD., our equity-method affiliate engaged in the container shipping business, is expected to exceed our previous forecast. In addition, supported by favorable market conditions in the Dry Bulk Business and the Energy Business, we have revised our financial forecasts upward.
