NS United Kaiun Lifts Earnings and Dividend Forecasts on Strong Dry Bulk Demand

An announcement from NS United Kaiun Kaisha,Ltd. ( (JP:9110) ) is now available.

NS United Kaiun Kaisha has raised its full-year forecast for the fiscal year ending March 2026, citing stronger-than-expected performance in the first nine months on the back of firm iron ore and grain transport demand, robust shipments from Brazil and Australia, and a weaker yen. Consolidated revenue is now projected at ¥224 billion, with profit attributable to owners of parent increased to ¥20.8 billion and earnings per share to ¥882.64, despite expectations of some softening in the dry bulk market in the fourth quarter due to seasonal factors such as Chinese New Year and weather-related shipment delays in South America. Reflecting the improved outlook and its policy of performance-linked shareholder returns, the company also lifted its dividend forecast, raising the expected year-end dividend to ¥160 per share and total annual dividend to ¥265 per share, while reiterating its intention to target a 30% payout ratio over time.

The most recent analyst rating on (JP:9110) stock is a Buy with a Yen7668.00 price target. To see the full list of analyst forecasts on NS United Kaiun Kaisha,Ltd. stock, see the JP:9110 Stock Forecast page.

More about NS United Kaiun Kaisha,Ltd.

NS United Kaiun Kaisha, Ltd. is a Japan-based shipping company listed on the Tokyo Stock Exchange Prime Market, focusing on the transportation of dry bulk cargoes such as iron ore and grain, with a particular emphasis on large vessels and long-haul routes including Brazil and Australia. The company operates in the global dry bulk shipping market, where earnings are closely tied to freight demand, commodity trade flows and currency movements, especially the yen-dollar exchange rate.

Average Trading Volume: 62,047

Technical Sentiment Signal: Buy

Current Market Cap: Yen158.6B

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