Nippon Yusen Kabushiki Kaisha : Notice of Revisions to the Full-Year Forecast for the Fiscal Year Ending March 2021
April 28, 2021 at 02:37 am EDT
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April 28, 2021
To whom it may concern:
Company Name
Nippon Yusen Kabushiki Kaisha
Representative
Hitoshi Nagasawa, President
C o d e N o .
9101
Stock Listing
First sections of the Tokyo Stock
Exchange
Contact
Shuichiro Shimomura
General Manager, IR Group
(TEL. +81 3-3284-5151)
Notice of Revisions to the Full-Year Forecast for the Fiscal Year Ending March 2021
Nippon Yusen Kabushiki Kaisha informs the revision of our full-year consolidated financial forecast for the fiscal year ending March 31, 2021 announced on February 3, 2021.
Revisions to the Consolidated Forecast for the Fiscal Year Ending March 2021 (April 1, 2020 - March 31, 2021)
(million yen)
Operating
Recurring
Profit
Profit per
Revenue
attributable to
share (yen)
profit
profit
owners of parent
Previous forecast（Ａ）
1,540,000
57,000
160,000
90,000
533.00
(Announced on February 3, 2021)
Revised forecast（Ｂ）
1,600,000
70,000
210,000
140,000
829.11
Change（Ｂ－Ａ）
60,000
13,000
50,000
50,000
Percentage change（％）
3.8%
22.8%
31.2%
55.5%
(ref.) Full year results for the
1,668,355
38,696
44,486
31,129
184.39
fiscal year ended March 31, 2020
※Assumptions for the forecast (yearly average)
Exchange rate
JPY 105.79/U.S. dollar (Revised)
JPY 105.35/U.S. dollar (Previous)
Bunker oil price
US$ 362.95/MT (Revised)
US$ 371.35/MT (Previous)
Reason for the revision:
The above forecast reflects better than expected business results for the year ending March 2021 on OCEAN NETWORK EXPRESS PTE. LTD., our equity-method affiliate company in the liner business, and the continued steady market conditions in the air transport and logistics businesses, as announced on timely disclosure dated on April 6, 2021. Currently, we have been carrying out necessary operations and examinations for consolidated financial results in the fiscal year ending March 2021, and plans to announce the outcome on presentation meeting scheduled on May 10, 2021.
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Nippon Yusen KK published this content on 28 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2021 06:36:03 UTC.
Nippon Yusen Kabushiki Kaisha (NYK Line) is one of the world's largest transport and logistics services providers. Net sales break down by activity as follows:
- bulk sea transport (42.7%): dry bulk, vehicles, oil products transport, etc.;
- containers sea transport (37.1%). The group also develops a containers terminals operation activity;
- logistics services (8.2%): storage, warehousing, delivery services, etc.;
- freight air transport (7.8%);
- other (4.2%): primarily real estate management, ships maintenance and repair.
At the end of March 2022, the group had a fleet of 658 vessels.
NIPPON YUSEN KABUSHIKI KAISHA 
