NS United Kaiun Lifts Profit and Dividend Outlook Despite Revenue Decline

NS United Kaiun Kaisha,Ltd. ( (JP:9110) ) has shared an announcement.

NS United Kaiun Kaisha reported consolidated revenue of ¥171.3 billion for the nine months ended December 31, 2025, down 9.6% year-on-year, while operating profit fell 10.6% to ¥15.1 billion and ordinary profit declined 13.4% to ¥14.7 billion. Despite lower top-line and operating earnings, profit attributable to owners of the parent rose 24.5% to ¥18.2 billion and comprehensive income increased 39.6%, contributing to an improvement in the equity ratio from 56.5% to 60.6% and a stronger net asset position. The company revised its forecasts for the full year ending March 31, 2026, now projecting revenue of ¥224.0 billion, operating profit of ¥18.9 billion and profit attributable to owners of the parent of ¥20.8 billion, implying a profit increase even on lower revenue and profit at the operating level. NS United also raised its annual dividend forecast for FY2025 to ¥265 per share from the previous fiscal year’s ¥240, signaling management’s confidence in earnings resilience and a continued focus on shareholder returns despite a softer revenue environment.

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 marine transportation company listed on the Tokyo Stock Exchange Prime Market, operating mainly in the dry bulk and other shipping segments. The group generates revenue from ocean-going freight services and related maritime operations, positioning it as a key player in Japan’s shipping and logistics chain serving domestic and international cargo demand.

Average Trading Volume: 62,047

Technical Sentiment Signal: Buy

Current Market Cap: Yen158.6B

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