Improvement in Ordinary and Net Income
Ordinary income improved by JPY 15.2 billion compared to the first quarter, and net income attributable to owners of parent improved by JPY 8.1 billion.
Strong Performance in Car Carriers
Product Logistics segment, particularly Car Carriers, improved by JPY 13.3 billion, driven by recovering cargo movements and improved vessel operation efficiency.
Stable Earnings in Energy Resource Transport
The Energy Resource Transport segment secured stable earnings with ordinary income of JPY 5.2 billion, based on mid- and long-term contracts.
Progress in Medium-Term Management Plan
Ordinary income in 'K' Line’s own businesses is expected to exceed the target, with a forecast of JPY 98.5 billion compared to the target of JPY 70 billion.
Shareholder Returns Policy
An interim dividend of JPY 100 per share was implemented, with a planned year-end dividend of JPY 100 per share, and additional returns increased from JPY 50 billion to JPY 53.8 billion.
Growth in LNG Carrier Fleet
The number of LNG vessels is expected to increase from 44 in fiscal 2022 to 67 in fiscal 2026, with a target of 75 or more by fiscal 2030.