Nippon Yusen Kabushiki Kaisha revised consolidated earnings guidance for the full year ending March 31, 2021. For the year ending March 31, 2021, the company expects revenues of JPY 1,450,000 million against previous guidance of JPY 1,430,000 million, operating profit of JPY 13,000 million against previous guidance of JPY 5,000 million and profit attributable to owners of parent of JPY 13,500 million and profit per share of JPY 79.96. Reason for the revision: The financial forecasts have been revised up as indicated above based on the better than expected earnings improvement at Ocean Network Express Pte. Ltd. in the Liner Trade, the improved earnings in the Air Cargo Transportation segment following the higher freight rates resulting from the successive suspension and cancellation of international flights in response to the COVID-19 pandemic and the improved market conditions in the air freight forwarding business of the Logistics segment resulting from the tighter supply and demand balance.