Kawasaki Kisen Kaisha, Ltd. · TSE:9107
Kawasaki Kisen Kaisha — Q2 FY2024 Earnings Presentation
20 slides from Kawasaki Kisen Kaisha's earnings presentation, Nov 5, 2024
Slide 1: Financial Highlights Brief Report for 2nd Quarter FY2024
Financial Highlights Brief Report for 2nd Quarter FY2024 November 5th, 2024
Slide 2: Index
∎A. Financial Highlights for 2nd Quarter Fiscal Year 2024 A-１ ：Financial Results for 2nd Quarter FY2024 A-２ ：Financial Results for 2nd Quarter FY2024 by Segment ∎B. Forecasts and Initiatives for Fiscal Year 2024 B-１ ：Forecasts for FY2024 and Key Factors B-２ ：Forecasts for FY2024 by Segment ∎C. Statu
Slide 3: A. Financial Highlights for 2nd Quarter FY2024
A. Financial Highlights for 2nd Quarter FY2024 3
Slide 4: A-1: Financial Results for 2nd Quarter FY2024
A. Financial Highlights for 2nd Quarter FY2024 A-１： Financial Results for 2nd Quarter FY2024 ∎ Financial Results for 2nd Quarter FY2024 （billion yen） FY2024 FY2023 As of Aug 2, 2024 Operating Revenues 1H 1H 1H and Profit/Loss １Q ２Q (a)-(b) (a)-(c) (a) (b) (c) Operating Revenues 267.6 270.4 538.0 456
Slide 5: A-2: Financial Results for 2nd Quarter FY2024 by Segment
A. Financial Highlights for 2nd Quarter FY2024 A-２： Financial Results for 2nd Quarter FY2024 by Segment ∎ Financial Results for 2Q FY2024 by Segment ∎ Key Factors by Segment (year-on-year comparison) （billion yen） ‣ Dry Bulk ‧ In the Capesize market, while iron ore and bauxite transport Business Seg
Slide 6: B. Forecasts and Initiatives for Fiscal Year 2024
B. Forecasts and Initiatives for Fiscal Year 2024 6
Slide 7: B-1: Forecasts for FY2024 and Key Factors
B. Forecasts and Initiatives for Fiscal Year 2024 B-１：Forecasts for FY2024 and Key Factors ∎ Forecasts for FY2024 （billion yen） FY2024 FY2023 vs the announced on Aug 2, 2024 Operating Revenues 2H Total Total Total and Profit/Loss １Q ２Q 1H (i)-(j) (i)-(k) Forecast (i) (j) (k) Operating Revenues 267.6
Slide 8: B-2: Forecasts for FY2024 by Segment
B. Forecasts and Initiatives for Fiscal Year 2024 B-２： Forecasts for FY2024 by Segment ∎ Forecasts for FY2024 by Segment （billion yen） vs the announced Business Segment FY2024 FY2023 on Aug 2, 2024 (Upper row: Operating Revenues) 2H Total Total Total 1Q 2Q 1H (l)-(m) (l)-(n) (Lower row: Ordinary Inc
Slide 9: C. Status and Progress of Medium-term Management Plan
C. Status and Progress of Medium-term Management Plan 9
Slide 10: C-1: Capital Policy Progress and Corporate Value Improvement
C. Status and Progress of the Medium-term Management Plan C-1【Capital Policy】：Capital Policy Progress and Corporate Value Improvement Based on the Medium-term Management Plan, we will promote the enhancement of "earning power" and strive to further improve corporate value by maintaining capital effi
Slide 11: C-2: Cash Allocation
C. Status and Progress of the Medium-term Management Plan C-2【Capital Policy】：Cash Allocation Operating cash flow is expected to improve by 100.0 billion yen from the amount announced in May 2024, reaching 1.5 trillion yen. Reflecting this improvement in operating cash flow, we plan to increase shar
Slide 12: C-3: Shareholder's Return Policy
C. Status and Progress of the Medium-term Management Plan C-3【Capital Policy】：Shareholder’s Return Policy With the new additional returns, the total return amount during the Medium-term Management Plan period has been updated from 700.0 billion yen to 730.0 billion yen or more. We will actively carr
Slide 13: C-4: Three businesses that will drive growth and new business areas
C. Status and Progress of the Medium-term Management Plan C-4 【Business Strategy】：Three businesses that will drive growth and new business areas : Growth strategy progress Coal/Iron Ore Car Carriers Our business strategy is progressing smoothly in terms of Against a backdrop of robust demand, we hav
Slide 14: C-5: Changes in the business environment
C. Status and Progress of the Medium-term Management Plan C-5：Changes in the business environment The global business environment will remain uncertain due to factors such as economic decoupling, continued concerns about downward pressure on the global economy, and energy policy developments in vari
Slide 15: Appendix
Appendix mmm KAWASAKI KISEN KAISHA, LID, 15
Slide 16: Market Results and Assumption/ Market Exposure
Appendix Market Results and Assumption/ Market Exposure ∎ Dry Bulk Market Results and Assumption FY2023 FY2024 Dry Bulk Market 3Q 4Q 1Q 2Q 3Q 4Q Total 1Q 2Q Forecast Forecast Forecast CAPE $15,550 $13,400 $28,150 $24,300 $20,300 $22,650 $24,900 $22,000 $15,000 $21,150 PANAMAX $10,900 $10,550 $14,800
Slide 17: Car Carriers Total Units Carried by Service Routes
Appendix Car Carriers Total Units Carried by Service Routes Total Units Carried FY2023 FY2024 3Q 4Q （1,000 units） 1Q 2Q 3Q 4Q Total 1Q 2Q Forecast Forecast Forecast Outbound 326 337 341 321 1,325 340 371 379 402 1,492 Homebound 76 63 75 60 274 58 63 68 54 243 Others 242 225 233 217 917 224 243 221 2
Slide 18: "K" Line Group Fleet Composition
Appendix “K” Line Group Fleet Composition MAR 2024 192 87 91 41 42 453 SEP 2024 189 88 92 41 41 451 0 100 200 300 400 500 Dry Bulk Energy Resource Transport Car Carriers Containerships Short Sea and Coastal Ships SEP 2024 MAR 2024 Owned Chartered Total Total Type of Vessel No. DWT(MT) No. DWT(MT) No
Slide 19: "K" Line Group Vessels in Operation/New Building Delivery Schedule
Appendix “K” Line Group Vessels in Operation/New Building Delivery Schedule ∎ “K” Line Group Vessels in Operation ∎ New Building Delivery Schedule Segment Business/ Vessel Type MAR 2024 SEP 2024 Number of Vessel 2024 2025 2026 CAPE 86 89 PANAMAX 49 45 CAPE 1 2 HANDYMAX 36 36 Dry Bulk SMALL HANDY PAN
Slide 20: Disclaimer
【Disclaimer】 Information contained in this material is provided solely for informational purposes and is not an offer or a solicitation of an offer to buy or sell securities. You are requested to make investment decisions using your own judgment. 【Forward-looking statements】 This material contains f
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