Balance Sheet Kawasaki Kisen Kaisha, Ltd.

Stocks

9107

JP3223800008

Marine Freight & Logistics

Market Closed - Japan Exchange Other stock markets 02:30:00 2026-06-11 am EDT			5-day change	1st Jan Change
2,675.00 ^JPY	+3.04%		+3.84%	+22.65%

May. 29	Kawasaki Kisen Kaisha, Ltd. authorizes a Buyback Plan.	CI
May. 29	Kawasaki Kisen Kaisha, Ltd. announces an Equity Buyback for 44,429,000 shares, representing 6.96% for ¥130,000 million.	CI

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Published financial data: KAWASAKI KISEN KAISHA, LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	625B	757B	943B	962B	1,048B
Total Revenues	625B	757B	943B	962B	1,048B
Cost of Goods Sold, Total	590B	682B	800B	801B	866B
Gross Profit	35.44B	75.38B	143B	161B	182B
Selling General & Admin Expenses, Total	54.9B	56.03B	61.98B	74.13B	77.37B
Provision for Bad Debts	-71M	178M	43M	269M	-171M
Depreciation & Amortization - (IS)	1.9B	1.51B	1.84B	2.01B	2.2B
Other Operating Expenses, Total	56.73B	57.71B	63.87B	76.41B	79.4B
Operating Income	-21.29B	17.66B	78.86B	84.76B	103B
Interest Expense, Total	-10.06B	-10.3B	-10B	-9.64B	-7.34B
Interest And Investment Income	2.52B	2.9B	5.32B	7.04B	8.09B
Net Interest Expenses	-7.54B	-7.41B	-4.67B	-2.6B	754M
Income (Loss) On Equity Invest.	118B	641B	628B	51.71B	202B
Currency Exchange Gains (Loss)	1.4B	10.74B	-9.72B	5.19B	824M
Other Non Operating Income (Expenses)	-1.25B	-2.48B	-1.38B	200M	1.6B
EBT, Excl. Unusual Items	89.5B	660B	691B	139B	308B
Gain (Loss) On Sale Of Investments	19.89B	8.97B	-614M	-1.13B	-91M
Gain (Loss) On Sale Of Assets	11.95B	19.76B	3.83B	1.93B	11.79B
Asset Writedown	-6.31B	-20.16B	-18M	-3.73B	-85M
Other Unusual Items	-1.18B	-8.98B	-1.16B	-2.59B	274M
EBT, Incl. Unusual Items	114B	659B	693B	134B	320B
Income Tax Expense	2.77B	12.46B	-6.12B	26.83B	12.38B
Earnings From Continuing Operations	111B	647B	699B	107B	308B
Net Income to Company	111B	647B	699B	107B	308B
Minority Interest	-2.39B	-4.21B	-4.09B	-2.14B	-2.21B
Net Income - (IS)	109B	642B	695B	105B	305B
Net Income to Common Incl Extra Items	109B	642B	695B	105B	305B
Net Income to Common Excl. Extra Items	109B	642B	695B	105B	305B
Per Share Items
Net EPS - Basic	129.48	765.29	857.01	145.24	460.11
Basic EPS - Continuing Operations	129.48	765.29	857.01	145.24	460.11
Basic Weighted Average Shares Outstanding	839M	839M	811M	721M	664M
Net EPS - Diluted	129.48	765.29	857.01	145.24	460.11
Diluted EPS - Continuing Operations	129.48	765.29	857.01	145.24	460.11
Diluted Weighted Average Shares Outstanding	839M	839M	811M	721M	664M
Normalized Basic EPS	63.79	486.01	527.45	117.68	286.79
Normalized Diluted EPS	63.79	486.01	527.45	117.68	286.79
Dividend Per Share	-	66.67	133.33	83.33	100
Payout Ratio	-	-	12.16	93.83	22.7
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	22.58B	60.48B	121B	130B	152B
EBITA	-21.29B	17.66B	78.86B	84.76B	103B
EBIT	-21.29B	17.66B	78.86B	84.76B	103B
Effective Tax Rate - (Ratio)	2.43	1.89	-0.88	20.06	3.87
Normalized Net Income	53.55B	408B	428B	84.9B	190B
Non-Cash Pension Expense	609M	546M	227M	490M	376M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	162M	224M	271M	342M	2.01B

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	132B	247B	247B	273B	205B
Short Term Investments	-	-	102B	-	-
Total Cash And Short Term Investments	132B	247B	349B	273B	205B
Accounts Receivable, Total	55.21B	103B	106B	128B	113B
Notes Receivable	1.84B	4.75B	2.29B	1.69B	4.32B
Total Receivables	57.05B	107B	109B	130B	117B
Inventory	22.31B	36.57B	38.36B	42.51B	38.31B
Prepaid Expenses	38.79B	17.66B	22.02B	25.63B	23.85B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	15.69B	22.11B	16.35B	17.61B	19.47B
Total Current Assets	266B	431B	535B	488B	403B
Net Property Plant And Equipment	391B	382B	372B	410B	489B
Long-term Investments	291B	733B	1,111B	1,181B	1,289B
Goodwill	-	-	-	-	-
Other Intangibles, Total	3.55B	3.51B	3.81B	6.04B	7.27B
Loans Receivable Long-Term	19.04B	23.01B	24.57B	20.48B	18.05B
Deferred Tax Assets Long-Term	3.38B	2.59B	6.18B	3.73B	3.83B
Other Long-Term Assets, Total	1M	3M	2M	1M	3M
Total Assets	975B	1,575B	2,053B	2,109B	2,210B
Liabilities
Accounts Payable, Total	51.66B	62.76B	62.8B	77.6B	69.22B
Accrued Expenses, Total	2.77B	4.47B	5.01B	3.81B	4.72B
Short-term Borrowings	138B	87.54B	50.69B	49.14B	51.41B
Current Portion of Leases	6.02B	26.87B	13.37B	11.96B	20.38B
Current Income Taxes Payable	1.4B	3.05B	2.1B	3.4B	6.13B
Other Current Liabilities	61.67B	66.84B	51.41B	64.01B	53.59B
Total Current Liabilities	262B	252B	185B	210B	205B
Long-Term Debt	333B	278B	267B	214B	244B
Long-Term Leases	30.18B	24.05B	20.32B	12.58B	29.23B
Pension & Other Post Retirement Benefits	6.85B	6.31B	6.52B	4.89B	5.19B
Deferred Tax Liability Non Current	6.93B	10.3B	5.22B	17.69B	20.28B
Other Non Current Liabilities	20.15B	19.88B	21.18B	25.65B	28.61B
Total Liabilities	658B	590B	506B	485B	533B
Common Stock, Total	75.46B	75.46B	75.46B	75.46B	75.46B
Additional Paid In Capital	14.3B	14.21B	29.1B	29.1B	32.5B
Retained Earnings	131B	777B	1,303B	1,233B	1,249B
Treasury Stock	-2.37B	-2.38B	-6.55B	-7.65B	-8.08B
Comprehensive Income and Other	91M	20.21B	115B	262B	300B
Total Common Equity	218B	885B	1,515B	1,592B	1,648B
Minority Interest	97.97B	100B	31.28B	32.67B	29.02B
Total Equity	316B	985B	1,547B	1,625B	1,677B
Total Liabilities And Equity	975B	1,575B	2,053B	2,109B	2,210B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	839M	847M	742M	707M	632M
ECS Total Common Shares Outstanding	839M	839M	742M	707M	632M
Book Value / Share	259.92	1.05K	2.04K	2.25K	2.61K
Tangible Book Value	215B	881B	1,512B	1,586B	1,641B
Tangible Book Value Per Share	255.69	1.05K	2.04K	2.24K	2.6K
Total Debt	507B	416B	352B	288B	345B
Net Debt	375B	169B	2.26B	15.16B	140B
Debt Equivalent of Unfunded Proj. Benefit Obligation	5.64B	4.92B	5.04B	2.47B	208M
Minority Interest, Total (Incl. Fin. Div)	97.97B	100B	31.28B	32.67B	29.02B
Inventories - Raw Materials, Total	22.31B	36.57B	38.36B	42.51B	38.31B
Full Time Employees	6.08K	5.16K	4.92K	5.01K	5.18K
Accumulated Allowance for Doubtful Accounts (Supple)	915M	1.04B	1.07B	1.41B	1.2B

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	114B	659B	693B	134B	320B
Depreciation & Amortization - CF	43.87B	42.82B	42.4B	45.36B	49.14B
Depreciation & Amortization, Total	43.87B	42.82B	42.4B	45.36B	49.14B
(Gain) Loss From Sale Of Asset	-5.62B	-1.6B	-3.78B	-1.66B	-11.7B
(Gain) Loss on Sale of Investments - (CF)	-19.89B	-8.97B	-	1.56B	91M
(Income) Loss On Equity Investments - (CF)	-118B	-641B	-628B	-51.71B	-202B
Other Operating Activities, Total	12.43B	204B	357B	84.74B	107B
Change In Accounts Receivable	-2.11B	-28.86B	-1.65B	-19.28B	15.8B
Change In Inventories	3.04B	-14.02B	-1.64B	-3.85B	4.01B
Change In Accounts Payable	8.04B	2.52B	-1.97B	11.83B	-7.94B
Change in Other Net Operating Assets	-2.06B	12.07B	352M	2.36B	-1.39B
Cash from Operations	33.4B	226B	456B	203B	273B
Capital Expenditure	-41.72B	-41.14B	-67.64B	-82.64B	-130B
Sale of Property, Plant, and Equipment	41.37B	46.38B	37.75B	20.11B	33.37B
Divestitures	25.78B	2.81B	4.88B	33M	-
Sale (Purchase) of Intangible assets	-405M	-821M	-867M	-2.23B	-2.38B
Investment in Marketable and Equity Securities, Total	1.4B	-4.47B	-20.21B	-8.24B	-25.28B
Net (Increase) Decrease in Loans Originated / Sold - Investing	-2.4B	-5.49B	1.57B	6.79B	63M
Other Investing Activities, Total	-7.04B	-3.12B	-2.23B	-740M	-2.2B
Cash from Investing	16.99B	-5.85B	-46.74B	-66.91B	-126B
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	110B	76.34B	44.45B	35.29B	88.63B
Total Debt Issued	110B	76.34B	44.45B	35.29B	88.63B
Short Term Debt Repaid, Total	-921M	-244M	-635M	-166M	-445M
Long-Term Debt Repaid, Total	-143B	-190B	-109B	-103B	-62.42B
Total Debt Repaid	-144B	-191B	-110B	-103B	-62.86B
Repurchase of Common Stock	-	-	-89.56B	-56.35B	-166B
Common Dividends Paid	-	-	-84.51B	-98.31B	-69.33B
Common & Preferred Stock Dividends Paid	-	-	-84.51B	-98.31B	-69.33B
Other Financing Activities, Total	-1.01B	-1.79B	-61.25B	-1.63B	-1.7B
Cash from Financing	-34.84B	-116B	-301B	-224B	-212B
Foreign Exchange Rate Adjustments	2.53B	9.7B	-6B	10.19B	-5.33B
Miscellaneous Cash Flow Adjustments	1M	-1M	1M	-	2.02B
Net Change in Cash	18.07B	114B	103B	-77.36B	-67.92B
Supplemental Items
Cash Interest Paid	10.04B	10.44B	9.68B	9.94B	7.23B
Cash Income Tax Paid (Refund)	3.31B	2.89B	4.92B	14.38B	7B
Levered Free Cash Flow	-6.47B	-24.83B	-596M	4.75B	-21.4B
Unlevered Free Cash Flow	-185M	-18.39B	5.65B	10.77B	-16.82B
Change In Net Working Capital	-11.37B	30.29B	17.52B	2.7B	-1.85B
Net Debt Issued / Repaid	-33.84B	-114B	-65.48B	-67.44B	25.77B

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	-1.42	0.87	2.72	2.55	2.98
Return on Total Capital	-1.7	0.99	2.99	2.78	3.27
Return On Equity %	43.02	99.4	55.22	6.74	18.63
Return on Common Equity	68.09	116.5	57.91	6.74	18.85
Margin Analysis
Gross Profit Margin %	5.67	9.96	15.14	16.75	17.39
SG&A Margin	8.78	7.4	6.58	7.7	7.38
EBITDA Margin %	3.61	7.99	12.86	13.52	14.5
EBITA Margin %	-3.4	2.33	8.37	8.81	9.81
EBIT Margin %	-3.4	2.33	8.37	8.81	9.81
Income From Continuing Operations Margin %	17.76	85.42	74.16	11.11	29.35
Net Income Margin %	17.38	84.87	73.72	10.89	29.14
Net Avail. For Common Margin %	17.38	84.87	73.72	10.89	29.14
Normalized Net Income Margin	8.56	53.9	45.37	8.82	18.16
Levered Free Cash Flow Margin	-1.03	-3.28	-0.06	0.49	-2.04
Unlevered Free Cash Flow Margin	-0.03	-2.43	0.6	1.12	-1.6
Asset Turnover
Asset Turnover	0.67	0.59	0.52	0.46	0.49
Fixed Assets Turnover	1.52	1.96	2.5	2.46	2.33
Receivables Turnover (Average Receivables)	10.97	9.59	9.02	8.2	8.7
Inventory Turnover (Average Inventory)	24.5	23.15	21.35	19.81	21.42
Short Term Liquidity
Current Ratio	1.02	1.71	2.89	2.33	1.96
Quick Ratio	0.72	1.39	2.46	1.91	1.55
Operating Cash Flow to Current Liabilities	0.13	0.9	2.46	0.97	1.33
Days Sales Outstanding (Average Receivables)	33.27	38.06	40.48	44.63	41.96
Days Outstanding Inventory (Average Inventory)	14.9	15.77	17.1	18.47	17.04
Average Days Payable Outstanding	30.91	30.01	28.58	31.91	31.1
Cash Conversion Cycle (Average Days)	17.26	23.82	29	31.19	27.9
Long Term Solvency
Total Debt/Equity	160.36	42.28	22.74	17.71	20.56
Total Debt / Total Capital	61.59	29.72	18.53	15.05	17.05
LT Debt/Equity	114.81	30.67	18.6	13.95	16.28
Long-Term Debt / Total Capital	44.1	21.55	15.15	11.85	13.5
Total Liabilities / Total Assets	67.56	37.47	24.65	22.98	24.1
EBIT / Interest Expense	-2.12	1.71	7.89	8.79	14.01
EBITDA / Interest Expense	2.25	5.87	12.13	13.5	20.71
(EBITDA - Capex) / Interest Expense	-1.9	1.88	5.36	4.93	3.04
Total Debt / EBITDA	22.45	6.89	2.9	2.21	2.27
Net Debt / EBITDA	16.59	2.8	0.02	0.12	0.92
Total Debt / (EBITDA - Capex)	-26.5	21.53	6.56	6.06	15.48
Net Debt / (EBITDA - Capex)	-19.58	8.74	0.04	0.32	6.29
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-14.93	21.02	24.52	2.09	8.9
Gross Profit, 1 Yr. Growth %	-44.54	112.69	89.35	12.93	13.08
EBITDA, 1 Yr. Growth %	-55.8	167.83	100.47	7.31	16.81
EBITA, 1 Yr. Growth %	-411.2	-182.98	346.44	7.49	21.34
EBIT, 1 Yr. Growth %	-411.2	-182.98	346.44	7.49	21.34
Earnings From Cont. Operations, 1 Yr. Growth %	1.25K	482.13	8.1	-84.7	187.69
Net Income, 1 Yr. Growth %	1.96K	491.03	8.17	-84.92	191.46
Normalized Net Income, 1 Yr. Growth %	3.06K	661.89	4.83	-80.15	124.2
Diluted EPS Before Extra, 1 Yr. Growth %	1.96K	491.03	11.99	-83.05	216.8
Accounts Receivable, 1 Yr. Growth %	-6.12	85.94	3.69	20.45	-12.09
Inventory, 1 Yr. Growth %	-13.73	63.93	4.88	10.84	-9.89
Net Property, Plant and Equip., 1 Yr. Growth %	-9.22	-2.38	-2.59	10.26	19.09
Total Assets, 1 Yr. Growth %	8.76	61.6	30.33	2.77	4.77
Tangible Book Value, 1 Yr. Growth %	121.81	310.51	71.55	4.92	3.49
Common Equity, 1 Yr. Growth %	115.83	305.44	71.3	5.05	3.55
Cash From Operations, 1 Yr. Growth %	-253.22	578.08	101.38	-55.47	34.5
Capital Expenditures, 1 Yr. Growth %	-41.54	-1.39	64.42	22.17	56.97
Levered Free Cash Flow, 1 Yr. Growth %	-93.09	283.73	-97.6	-896.85	-550.96
Unlevered Free Cash Flow, 1 Yr. Growth %	-99.79	9.85K	-130.74	90.6	-256.11
Dividend Per Share, 1 Yr. Growth %	-	-	100	-37.5	20
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-13.54	1.46	22.76	12.75	5.44
Gross Profit, 2 Yr. CAGR %	-1.1	8.61	100.68	46.23	13
EBITDA, 2 Yr. CAGR %	18.61	8.8	131.72	46.67	11.96
EBITA, 2 Yr. CAGR %	-7.24	60.7	92.48	119.06	14.21
EBIT, 2 Yr. CAGR %	-7.24	60.7	92.48	119.06	14.21
Earnings From Cont. Operations, 2 Yr. CAGR %	1.05	787.86	150.85	-59.34	-33.66
Net Income, 2 Yr. CAGR %	-1.13	1K	152.85	-59.62	-33.71
Normalized Net Income, 2 Yr. CAGR %	27.41	1.45K	182.61	-54.38	-33.29
Diluted EPS Before Extra, 2 Yr. CAGR %	-1.13	1K	157.27	-56.44	-26.73
Accounts Receivable, 2 Yr. CAGR %	-5.22	32.12	38.85	11.76	2.9
Inventory, 2 Yr. CAGR %	-7.83	18.92	31.12	7.82	-0.06
Net Property, Plant and Equip., 2 Yr. CAGR %	-6.6	-5.86	-2.48	3.64	14.59
Total Assets, 2 Yr. CAGR %	1.22	32.57	45.12	15.73	3.76
Tangible Book Value, 2 Yr. CAGR %	47.1	201.75	165.37	34.16	4.2
Common Equity, 2 Yr. CAGR %	45.14	195.81	163.54	34.15	4.3
Cash From Operations, 2 Yr. CAGR %	121.48	222.33	269.53	-5.3	-22.6
Capital Expenditures, 2 Yr. CAGR %	-34.04	-24.07	27.33	41.73	38.48
Levered Free Cash Flow, 2 Yr. CAGR %	-72.7	-48.49	-69.66	-56.28	499.45
Unlevered Free Cash Flow, 2 Yr. CAGR %	-95.24	-54.09	453.1	-23.46	72.49
Dividend Per Share, 2 Yr. CAGR %	-	-	-	11.8	-13.4
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-18.65	-3.28	8.63	15.44	11.45
Gross Profit, 3 Yr. CAGR %	-23.36	27.66	30.72	65.68	34.22
EBITDA, 3 Yr. CAGR %	-23.59	55.61	33.39	79.28	35.95
EBITA, 3 Yr. CAGR %	43.39	-10.62	125.91	58.5	79.91
EBIT, 3 Yr. CAGR %	43.39	-10.62	125.91	58.5	79.91
Earnings From Cont. Operations, 3 Yr. CAGR %	104.58	81.15	340.05	-1.27	-21.94
Net Income, 3 Yr. CAGR %	118.75	79.44	409.02	-1.22	-21.96
Normalized Net Income, 3 Yr. CAGR %	239.89	131.25	531.94	16.6	-22.44
Diluted EPS Before Extra, 3 Yr. CAGR %	130.98	79.44	414.93	3.9	-15.6
Accounts Receivable, 3 Yr. CAGR %	-14.24	18.65	21.87	32.43	3.17
Inventory, 3 Yr. CAGR %	-11.11	11.68	14.04	23.98	1.56
Net Property, Plant and Equip., 3 Yr. CAGR %	-6.77	-5.22	-4.78	1.59	8.55
Total Assets, 3 Yr. CAGR %	-2.2	18.3	31.82	29.35	11.96
Tangible Book Value, 3 Yr. CAGR %	0.21	107.1	149.98	94.77	23.04
Common Equity, 3 Yr. CAGR %	0.18	104.41	146.56	93.95	23.06
Cash From Operations, 3 Yr. CAGR %	205.88	221.61	175.55	82.53	6.45
Capital Expenditures, 3 Yr. CAGR %	-24.43	-24.58	-1.77	25.59	46.64
Levered Free Cash Flow, 3 Yr. CAGR %	8.16	-34.12	-81.47	-9.81	-4.83
Unlevered Free Cash Flow, 3 Yr. CAGR %	-37.52	-39.15	-59.83	287.77	-2.93
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	14.47
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-12.85	-5.98	-4.1	2.84	7.34
Gross Profit, 5 Yr. CAGR %	-15.84	20.68	12.64	34.78	23.32
EBITDA, 5 Yr. CAGR %	-17.12	112.86	19.09	51.97	24.36
EBITA, 5 Yr. CAGR %	17.69	-17.43	61.31	27.93	71.96
EBIT, 5 Yr. CAGR %	17.69	-17.43	61.31	27.93	71.96
Earnings From Cont. Operations, 5 Yr. CAGR %	17.27	36.32	121.96	-0.35	106.44
Net Income, 5 Yr. CAGR %	16.11	35.73	131.8	-1.18	125.23
Normalized Net Income, 5 Yr. CAGR %	139.69	63.56	215.7	20.81	157.09
Diluted EPS Before Extra, 5 Yr. CAGR %	16.23	35.86	141.15	1.86	136.06
Accounts Receivable, 5 Yr. CAGR %	-6.93	4.71	3.99	15.85	13.9
Inventory, 5 Yr. CAGR %	0.16	4.36	3.85	10.12	8.18
Net Property, Plant and Equip., 5 Yr. CAGR %	-7.68	-6.21	-5.08	-1.77	2.54
Total Assets, 5 Yr. CAGR %	-2.66	8.55	14.53	17.27	19.79
Tangible Book Value, 5 Yr. CAGR %	-9.38	32.53	47.95	74.08	76.15
Common Equity, 5 Yr. CAGR %	-9.3	32.15	47.51	72.72	74.77
Cash From Operations, 5 Yr. CAGR %	-3.37	38.82	229.9	97.21	65.81
Capital Expenditures, 5 Yr. CAGR %	-17.98	-9.14	-6.89	-2.93	12.7
Levered Free Cash Flow, 5 Yr. CAGR %	-26.29	-19.15	-34.95	-44.08	-25.55
Unlevered Free Cash Flow, 5 Yr. CAGR %	-62.51	-22.96	49.47	-33.3	-28.05
Dividend Per Share, 5 Yr. CAGR %	-	-	-	-	-