On July 25, 2024, “K” Line announced an upward revision of its consolidated ordinary income forecast for the fiscal year ending March 2025, increasing it by 63% from the previous estimate of 135 billion yen (approximately USD 870 million, based on an exchange rate of 1 USD = 155 yen) to 220 billion yen (approximately USD 1.4 billion, a 62% increase compared to the previous fiscal year). The tightening supply-demand balance for vessel space and strong cargo demand in the container shipping market, driven by the situation in the Red Sea, have been favorable factors. The increase in profits is attributed to higher earnings from Ocean Network Express (ONE), an affiliated company accounted for by the equity method.
Photo courtesy, KLine
Revenue is expected to increase by 4% from the previous forecast to 1.02 trillion yen (approximately USD 6.6 billion, a 6% increase compared to the previous fiscal year), operating income by 10% to 102 billion yen (approximately USD 660 million, a 20% increase), and profit attributable to owners of the parent by 75% to 210 billion yen (approximately USD 1.4 billion, a doubling compared to the previous fiscal year). The company’s operating income level will be mainly supported by steady transportation demand in the product logistics segment (car carriers, logistics, coastal and domestic shipping, and container ships).
〆川崎汽船 は2025年3月期の連結経常利益(Consolidated ordinary income)予想を2200億円に上方修正した。
川崎汽船は2024年7月25日、2025年3月期の連結経常利益(Consolidated ordinary income)が従来予想の1350億円(約8億7000万米ドル、1ドル=155円換算、以下同じ)から63%増の2200億円(約14億㌦、前期比62%増)となる業績予想の上方修正を発表した。コンテナ船市場での紅海情勢に起因する船腹需給タイト化と旺盛な貨物需要が追い風となり、川崎汽船は持ち分法適用会社(affiliated company accounted for by the equity-method)の定期船事業会社オーシャンネットワークエクスプレス(ONE)からONEの収益を得ることが増益の要因である。