NS United Kaiun Kaisha, Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Full Year Ended March 31, 2017; Provides Earnings Guidance for the Six Months and Full Year of Fiscal Year 2018
April 27, 2017
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NS United Kaiun Kaisha, Ltd. reported consolidated and non-consolidated earnings results for the full year ended March 31, 2017. For the period, on consolidated basis, the company reported revenues of JPY 125,276 million against JPY 137,148 million a year ago. Operating income was JPY 6,558 million against JPY 6,475 million a year ago. Ordinary income was JPY 4,607 million against JPY 4,064 million a year ago. Profit attributable to owners of parent was JPY 3,322 million against JPY 4,110 million a year ago. Net income per share was JPY 14.09 against JPY 17.54 a year ago. Return on equity was 4.4% against 5.5% a year ago. Net assets per share was JPY 325.90 against JPY 319.72 a year ago. Cash flow from operating activities was JPY 18,944 million against JPY 19,915 million a year ago.
For the period, on non-consolidated basis, the company reported revenues of JPY 102,141 million against JPY 112,126 million a year ago. Operating income was JPY 3,290 million against JPY 2,631 million a year ago. Ordinary income was JPY 3,195 million against JPY 2,349 million a year ago. Net income was JPY 1,864 million against JPY 2,662 million a year ago. Net income per share was JPY 7.91 against JPY 11.36 a year ago. Net assets per share was JPY 260.06 against JPY 255.27 a year ago.
For the six months, the company expects revenues of JPY 67,000 million, operating income of JPY 3,100 million, ordinary income of JPY 2,100 million, profit attributable to owners of parent of JPY 2,200 million and net income per share of JPY 9.33.
For the year ending March 31, 2017, the company expects revenues of JPY 136,000 million, operating income of JPY 6,700 million, ordinary income of JPY 4,900 million, profit attributable to owners of parent of JPY 5,700 million and net income per share of JPY 241.85.
NS UNITED KAIUN KAISHA, LTD. is a Japan-based company mainly engaged in the marine business. The Company operates through two business segments. The International Marine Transportation segment is engaged in the transportation of iron ore, coal, steel products and nonferrous ore by bulk carriers, the transportation of crude oil and liquefied petroleum gas (LPG) by tanker, as well as the leasing of ships. The Domestic Marine Transportation segment is engaged in transportation of iron product, limestone, and cement by bulk carriers in domestic waters, the transportation of LPG and liquefied natural gas (LNG) by tankers, as well as the lending of vessels. The other business provides land transportation and information service.
NS United Kaiun Kaisha, Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Full Year Ended March 31, 2017; Provides Earnings Guidance for the Six Months and Full Year of Fiscal Year 2018