NS United Kaiun Kaisha, Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Full Year Ended March 31, 2016; Provides Earnings Guidance for the Six Months and Full Year of Fiscal Year 2017
April 27, 2016
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NS United Kaiun Kaisha, Ltd. reported consolidated and non-consolidated earnings results for the full year ended March 31, 2016. For the period, on consolidated basis, the company reported revenues of JPY 137,148 million against JPY 157,625 million a year ago. Operating income was JPY 6,475 million against JPY 9,474 million a year ago. Ordinary income was JPY 4,064 million against JPY 10,380 million a year ago. Net income was JPY 4,110 million against JPY 8,626 million a year ago. Net income per share was JPY 17.54 against JPY 37.40 a year ago. Cash flow from operating activities was JPY 19,915 million against JPY 24,581 million a year ago. Return on equity was 5.5% against 12.7% a year ago. Net assets per share was JPY 1319.72 against JPY 319.56 a year ago.
For the period, on non-consolidated basis, the company reported revenues of JPY 112,126 million against JPY 131,940 million a year ago. Operating income was JPY 2,631 million against JPY 5,424 million a year ago. Ordinary income was JPY 2,349 million against JPY 8,805 million a year ago. Net income was JPY 2,662 million against JPY 6,858 million a year ago. Net income per share was JPY 11.36 against JPY 29.73 a year ago.
For the six months, the company expects revenues of JPY 62,000 million, operating income of JPY 1,300 million, ordinary income of JPY 600 million, net income of JPY 600 million and net income per share of JPY 2.54.
For the year ending March 31, 2017, the company expects revenues of JPY 128,000 million, operating income of JPY 5,200 million, ordinary income of JPY 3,600 million, net income of JPY 3,500 million and net income per share of JPY 14.85.
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, 2016; Provides Earnings Guidance for the Six Months and Full Year of Fiscal Year 2017