Nippon Yusen Kabushiki Kaisha Raises FY2027 Earnings Forecast on Container Strength
Nippon Yusen Kabushiki Kaisha (TSE:9101) has raised its earnings guidance for the fiscal year ending March 2027, citing stronger-than-expected container shipping rates and resilient performance across its dry bulk and energy divisions.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 1285.0bn | JPY 1440.0bn | +12.1% |
| Operating Profit | JPY 69.0bn | JPY 102.0bn | +47.8% |
| Ordinary Income | JPY 83.0bn | JPY 160.0bn | +92.8% |
| Net Profit | JPY 91.0bn | JPY 155.0bn | +70.3% |
| EPS | JPY 213.00/share | JPY 383.82/share | +80.2% |
The shipping company raised full-year revenue guidance by JPY 276.0bn to JPY 2881.0bn, while operating profit climbed JPY 40.0bn to JPY 185.0bn. Ordinary income (keijo rieki), which includes non-operating items, surged JPY 65.0bn to JPY 250.0bn. Management attributed the upward revision primarily to outperformance in container shipping rates exceeding initial assumptions, benefiting its equity-method affiliate Ocean Network Express Pte. Ltd. Dry bulk and energy operations also demonstrated stronger-than-anticipated market conditions. Currency tailwinds from yen weakness provided additional support.
For the interim period ending September 2026, the company raised net profit guidance by JPY 64.0bn to JPY 155.0bn, with earnings per share climbing 80.2% to JPY 383.82/share. The full-year net profit revision of JPY 45.0bn to JPY 240.0bn reflects broad-based strength across the company’s portfolio. The earnings lift signals sustained demand in global container trade and energy markets, offsetting cyclical shipping volatility. Investors should monitor container rate sustainability and currency movements as key drivers for execution risk.
Source: Original filing (TDnet) | 日本語版
This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.