Nippon Yusen Kabushiki Kaisha [9101.T]
TOKYO, May 11 (Pulse News Wire) – Nippon Yusen Kabushiki Kaisha (9101.T) reported its fiscal year ended March 31, 2026, showing a net profit of ¥225.4 billion compared to ¥477.7 billion in the previous year. Despite a revenue increase to ¥2.23 trillion from ¥2.144 billion, operating profit declined to ¥138.6 billion from ¥210.8 billion, while ordinary profit was ¥211.1 billion from ¥490.9 billion.
The company attributed the lower profitability to increased costs associated with geopolitical tensions in the Middle East impacting shipping routes and fuel prices. Additionally, the acquisition of assets in Europe contributed to higher depreciation expenses, further affecting profits. Total assets rose to ¥5.20 trillion due to investments in vessels and goodwill, while liabilities grew to ¥2.144 billion, leading to a debt-to-equity ratio of 0.39. For the fiscal year ending March 31, 2027, Nippon Yusen forecasts revenues to rise but expects a decrease in net profit.
Key segments such as container shipping and automotive transportation anticipate reduced performance due to ongoing geopolitical challenges. However, dry bulk operations and liquefied natural gas (LNG) shipping are expected to show improved results driven by stable demand and long-term contracts. Nippon Yusen plans to hold an analyst meeting , to discuss these results and outlook further. Details of the presentation will be available on their website shortly thereafter.
Financial results — FY2026/3 (consolidated)
| Metric | Current | YoY |
|---|---|---|
| Revenue | ¥2,423,689M | -6.4% |
| Operating profit | ¥138,601M | -34.3% |
| Net profit | ¥211,750M | -55.7% |
Next period forecast
Revenue
¥2,605,000M
+7.5%Op. profit
¥145,000M
+4.6%Net profit
¥195,000M
-7.9%Source: TDNet filing · Figures in millions of yen
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