Kawasaki Kisen Kaisha, Ltd. · TSE:9107
Kawasaki Kisen Kaisha — Q3 2023 Earnings Presentation
20 slides from Kawasaki Kisen Kaisha's earnings presentation, Feb 2, 2024
Slide 1: Financial Highlights Brief Report for 3rd Quarter FY2023
Financial Highlights Brief Report for 3rd Quarter FY2023 February 2nd, 2024
Slide 2: Index
∎A. Financial Highlights for 3rd Quarter Fiscal Year 2023 A-１ ︓Financial Results for 3rd Quarter FY2023 A-２ ︓Financial Results for 3rd Quarter FY2023 by Segment ∎B. Forecasts and Initiatives for Fiscal Year 2023 B-１ ︓Forecasts for FY2023 and Key Factors B-２ ︓Forecasts for FY2023 by Segment B-３ ︓Key
Slide 3: A. Financial Highlights for 3rd Quarter FY2023
A. Financial Highlights for 3rd Quarter FY2023 3
Slide 4: A-1: Financial Results for 3rd Quarter FY2023
A. Financial Highlights for 3rd Quarter FY2023 A-１︓ Financial Results for 3rd Quarter FY2023 ∎ Financial Results for 3rd Quarter FY2023 ∎ Key Factors (year-on-year comparison) （billion yen） ‣ In Car Carrier Business, the number of FY2023 FY2022 Operating Revenues vehicles handled increased however,
Slide 5: A-2: Financial Results for 3rd Quarter FY2023 by Segment
A. Financial Highlights for 3rd Quarter FY2023 A-２︓ Financial Results for 3rd Quarter FY2023 by Segment ∎ Financial Results for 3rd Quarter FY2023 by Segment ∎ Key Factors by Segment (year-on-year comparison) （billion yen） ‣ Dry Bulk Business Segment FY2023 FY2022 ‧ Profits have been deteriorated as
Slide 6: B. Forecasts and Initiatives for Fiscal Year 2023
B. Forecasts and Initiatives for Fiscal Year 2023 6
Slide 7: B-1: Forecasts for FY2023 and Key Factors
B. Forecasts and Initiatives for Fiscal Year 2023 B-１︓Forecasts for FY2023 and Key Factors ∎ Forecasts for FY2023 （billion yen） FY2023 FY2022 vs As of Nov. 2023 Operating Revenues 4Q 2H Total Total Y-o-Y Total and Profit/Loss 1H 3Q (g)-(i) Forecast Forecast (g) (h) (g)-(h) (i) Operating Revenues 458
Slide 8: B-2: Forecasts for FY2023 by Segment
B. Forecasts and Initiatives for Fiscal Year 2023 B-２︓Forecasts for FY2023 by Segment ∎ Forecasts for FY2023 by Segment （billion yen） Business Segment FY2023 FY2022 vs. As of Nov. 2023 (Upper row:Operating Revenues) 4Q 2H Total Total Y-o-Y Total 1H 3Q (j)-(l) (Lower row︓Ordinary Income /Loss) Foreca
Slide 9: B-3: Key Factors for K Line's Own Businesses in FY2023
B. Forecasts and Initiatives for Fiscal Year 2023 B-３︓Key Factors for “K” Lineʼs Own Businesses in FY2023 (Full-year results comparison with the previous year) Energy Product Temporary Factors* Dry Bulk Resource Logistics (excl. FY2023 FY2023 Dry Bulk Transport Containerships) FY2022 Forecast Foreca
Slide 10: B-4: Responding to Panama Canal limits and Suez Canal avoidance
B. Forecasts and Initiatives for Fiscal Year 2023 B-4︓Responding to limits on the number of vessels passing through the Panama Canal and avoidance of the Suez Canal due to the deteriorating situation in the Middle East In the process of responding to limits on the number of vessels passing through t
Slide 11: C. Status and Progress of Medium-term Management Plan
C. Status and Progress of Medium-term Management Plan 11
Slide 12: C-1: Capital Policy Progress and Corporate Value Improvement
C. Status and Progress of Medium-term Management Plan C-1【Capital Policy】︓Capital Policy Progress and Corporate Value Improvement Promoting further enhancement of corporate value by steadily implementing key items listed in the Capital Policy section of the Medium-Term Management Plan • Steady progr
Slide 13: C-2: Shareholder's Return Policy
C. Status and Progress of Medium-term Management Plan C-2【Capital Policy】︓ Shareholderʼs Return Policy Regarding the total return amount of 500.0 billion yen or more during the period of the Medium-Term Management Plan, based on the shareholder return policy announced in May 2023, we will actively c
Slide 14: C-3: Changes in the Business Environment
C. Status and Progress of Medium-term Management Plan C-3︓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 various
Slide 15: Appendix
| Appendix MK Mmmm KAWASAKI KISEN KAISHA, LTD. 15
Slide 16: Market Results and Assumption/ Market Exposure
Appendix Market Results and Assumption/ Market Exposure ∎ Dry Bulk Market Results and Assumption FY2022 FY2023 Dry Bulk Market 4Q 1Q 2Q 3Q 4Q Total 1Q 2Q 3Q Forecast Forecast CAPE $21,600 $13,700 $14,900 $9,150 $14,750 $15,550 $13,400 $28,150 $14,000 $17,750 PANAMAX $25,300 $15,850 $14,700 $10,000 $
Slide 17: Car Carriers Total Units Carried by Service Routes
Appendix Car Carriers Total Units Carried by Service Routes Total Units Carried FY2022 FY2023 4Q （1,000 units） 1Q 2Q 3Q 4Q Total 1Q 2Q 3Q Forecast Forecast Outbound 303 362 346 283 1,295 326 337 341 347 1,351 Homebound 48 62 60 63 232 76 63 75 61 275 Others 212 242 248 227 929 242 225 233 239 939 In
Slide 18: K Line Group Fleet Composition
Appendix “K” Line Group Fleet Composition MAR 2023 179 84 3 85 42 41 434 DEC 2023 180 86 3 87 42 41 439 0 100 200 300 400 500 Dry Bulk LNG Carriers/ Tankers/ Thermal Coal Carriers Offshore Energy Support Vessel Car Carriers Short Sea and Coastal Ships Containerships DEC 2023 MAR 2023 Owned Chartered
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 Number of Segment Business/ Vessel Type 23-Mar 23-Dec Vessel 2023 2024 2025 CAPE 80 81 OVER PANAMAX 5 7 CAPE 1 2 PANAMAX 43 41 OVER PANAMAX 1 Dry Bulk HA
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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