NS United Kaiun Kaisha : FINANCIAL HIGHLIGHTS for the 2nd quarter of the Fiscal Year E nd ing March 20 21

			(Translation only)
News			October 30, 2020
FINANCIAL HIGHLIGHTS for the 2nd quarter of the Fiscal Year Ending March 2021
Listed company name:	NS UNITED KAIUN KAISHA, LTD.
Listing Stock exchange:	Tokyo
Code number:	9110	URL: http://www.nsuship.co.jp
Company Representative	(Title)	President
	(Name) Kazuo Tanimizu
Contact for inquiry:	(Title)	Group Leader, Finance and Accounting Group
	(Name) Katsutoshi Kobayashi	(Phone) [phone]

Schedule date to submit quarterly financial statement report: November 11, 2020

Schedule date to start paying dividends: December 7, 2020

(Amounts are rounded to the nearest million yen)

1. Consolidated Operating Performance for 2nd quarter of the Fiscal Year Ending March 2021 (April 1, 2020 through September 30, 2020)

(1) Consolidated Operating Results

(% represents the rate of change on year-on-year basis)

Revenues

Operating income

Ordinary income

Profit attributable to

owners of parent

(Million

%

(Million

%

(Million

%

(Million

%

Yen)

Yen)

Yen)

Yen)

For the 2nd quarter of

the fiscal year ending

65,722

(8.6)

1,785

(38.6)

751

(60.2)

2,927

(21.6)

March 2021

For the 2nd quarter of

the fiscal year ended

71,943

(5.4)

2,904

(39.0)

1,888

(57.7)

3,731

(15.0)

March 2020

(Reference)

Comprehensive Income

For the 2nd quarter of the fiscal year 2021: 2,413 million yen (46.2%)

For the 2nd quarter of the fiscal year 2020: 1,650 million yen ((79.7%))

Net Income

Net Income per

share after

per share

adjustment for

residual securities

(Yen)

(Yen)

For the 2nd quarter

of the fiscal year

124.19

－

ending March 2021

For the 2nd quarter

of the fiscal year

158.32

－

ended March 2020

(2) Consolidated Financial State

Total assets

Net assets

Equity ratio

(Million Yen)

(Million Yen)

%

For the 2nd quarter

of the fiscal year

263,130

92,697

35.2

ending March 2021

For the fiscal year

248,522

91,110

36.7

ended March 2020

(Reference) Equity capital

For the 2nd quarter of the fiscal year 2021:

92,697 million yen

For the fiscal year 2020: 91,110 million yen

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2. Dividend Distribution

			Dividend per share
		1st	2nd		3rd	Year	For full
		Quarter	Quarter		Quarter	-end	year
		(Yen)	(Yen)		(Yen)	(Yen)	(Yen)
For the fiscal year		―	45.00		―	35.00	80.00
ended March 2020
For the fiscal year		―	30.00
ending March 2021
For the fiscal year
ending March 2021					―	―	―
(Forecast)

(Note1) Revision to quarterly dividend distribution forecast: No

(Note2) The Year-end dividend distribution for the fiscal year ending March 2021 is currently undecided.

3. Forecast of Consolidated Operating Performance for the Fiscal Year Ending March 2021 (April 1, 2020 through March 31, 2021)

(% shown represents the rate of change on year-on-year basis)

											Net
	Revenues		Operating		Ordinary income	Profit attributable to	income
			owners of parent	per
											share
	(Million		%	(Million		%	(Million	%	(Million	%	(Yen)
	Yen)		Yen)		Yen)	Yen)
For full year	133,000	(10.4)	3,700	(47.4)	2,200	(59.8)	4,200	(29.4)	178.22
(Note1) Revision to the forecast of consolidated operating performance: Yes

Notes:

1. Changes of important subsidiaries during the period
   (Changes in specific subsidiaries with changes in the scope of consolidation)

		: N/A
(2)	Application of specific accounting procedures in creating the quarterly
	consolidated financial statement	: N/A
(3)	Changes in accounting principles and estimates, and retrospective restatement.

i.	Changes in accounting policies due to amendment of accounting standard	: N/A
ii.	Changes in accounting policies other than (i) above	: N/A
iii.	Changes in accounting estimates	: N/A
iv.	Retrospective restatement	: N/A

1. Number of outstanding shares (common stock)
2. 1. Number of outstanding shares (including treasury shares)
      For the 2nd quarter of the fiscal year ending March 2021: 23,970,679 shares
      For the fiscal year ended March 2020: 23,970,679 shares
   2. Number of treasury shares
      For the 2nd quarter of the fiscal year ending March 2021: 404,046 shares
      For the fiscal year ended March 2020: 403,989 shares
   3. Average number of shares throughout the period
      For the 2nd quarter of the fiscal year ending March 2021: 23,566,674 shares
      For the 2nd quarter of the fiscal year ended March 2020: 23,566,894 shares

(Note) This document of financial highlights is not audited by a certified accountant or any other auditing organization.

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(Note) Explanations and other comments about appropriate usage of forecast of operating performance The above forecast is based on available information and assumption of uncertain factors with potential impact on our operating performance, as of the release date of this report. The actual results of operating performance could be substantially different from this forecast, depending on various factors.

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