Nippon Yusen Kabushiki Kaisha · TSE:9101
Nippon Yusen Kabushiki Kaisha — Q1 FY2006 Earnings Presentation
13 slides from Nippon Yusen Kabushiki Kaisha's earnings presentation, August 2006
Slide 1: Financial Result for 1Q for FY07/3 and Prospect for Whole FY07/3
Financial Result for 1Q for FY07/3 and Prospect for Whole FY07/3 August 2006
Slide 2: Summary of 1Q for FY07/3
Summary of 1Q for FY07/3 1) 22% Increase in Revenue and 39% Decrease in Recurring Profit (Billion Yen) Revenue Ope. Profit Rec. Profit Net Income 1Q FY06/3 430.6 36.5 36.4 21.8 1Q FY07/3 524.8 22.5 22.3 12.4 Change % 94.1 22% -14.0 -38% -14.1 -39% -9.4 -43% 2) Shipping Divisions : Profit Decreased b
Slide 3: Analysis of Change in Recurring Profit between 1Q FY07/3 and 1Q FY06/3
Analysis of Change in Recurring Profit between 1Q FY07/3 and 1Q FY06/3 (Billion Yen) Yen Depreciation 2.6 114.71 / Depreciated by 7.43 /$ Bunker Oil Price 6.9 $336.82 / Increased by $92.29MT Market Effects etc 11.8 Non-Shipping Division 0.9 Including NCA 3.3B. Cost Reduction 2.8 Shipping 2.5B., Non-
Slide 4: Comparison of Financial Result of 1QFY07/3 vs 1QFY06/3 by Industrial Segments
Comparison of Financial Result of 1QFY07/3 vs 1QFY06/3 by Industrial Segments (Billion Yen) Liner Other Elimination/ Revenue (Container) Shipping Logistics Terminal Cruise Real Estate Other Unallocation Consolidated 1Q FY06/3 122.4 159.6 94.7 26.9 9.8 3.0 37.2 22.9 430.6 1Q FY07/3 146.2 188.7 110.7
Slide 5: Performance against the Prospect for 1H FY07/3 by Industrial Segments
Performance against the Prospect for 1H FY07/3 by Industrial Segments (Billion Yen) Liner Other Elimination/ Revenue (Container) Shipping Logistics Terminal Cruise Real Estate Other Unallocation Consolidated 1H FY07/3 274.3 341.2 228.7 58.2 22.6 6.1 133.1 64.2 1,000.0 Prospect 1Q FY07/3 146.2 188.7
Slide 6: Summary of Revised Prospect for Whole FY07/3
Summary of Revised Prospect for Whole FY07/3 1) Revenue Increase by ¥65 Billion, and Recurring Profit Decrease by ¥35 Billion 2) Shipping Divisions : Profit Decrease due to Bunker Oil Price Hike and Insufficient Container Freight Rate Increase 3) Non-Shipping Divisions : Good Result of 3 Major Segme
Slide 7: Prospect for Whole FY07/3
Prospect for Whole FY07/3 (Billion Yen) Original Prospect Revised Prospect Change 1H 2H Whole 1H 2H Whole 1H 2H Whole 33.0 32.0 65.0 Revenue 1,000.0 1,020.0 2,020.0 1,033.0 1,052.0 2,085.0 3% 3% 3% Operating 17.0 16.0 33.0 61.0 74.0 135.0 44.0 58.0 102.0 Profit -28% -22% -24% Recurring 17.5 17.5 35.
Slide 8: Comparison of Financial Prospects (Original vs Revised) by Industrial Segments
Comparison of Financial Prospects for Whole FY07/3 (Original vs Revised) by Industrial Segments (Billion Yen) Liner Other Elimination/ Revenue Logistics Terminal Cruise Real Estate Other Unallocation Consolidated (Container) Shipping FY07/3 (O riginal Prospe ct) 551.9 690.4 473.4 115.6 40.0 12.4 271
Slide 9: Overview of Each Industrial Segments: Shipping Division 1
Overview of Each Industrial Segments 1. Shipping Division – 1) Container : Efforts Continue in Freight Rate Restoration and Cost Reduction such as Bunker Saving Activities. Container Lifting Result/Prospect (1,000TEU) 05/4-6 06/4-6 05/4-9 06/4-9 FY2005 FY2006 (Actual) (Actual) Change (% ) (Actual) (
Slide 10: Overview of Each Industrial Segments: Shipping Division 2
Overview of Each Industrial Segments 1. Shipping Division – 2) Trend of Shipping Market for Other Shipping (Index) FY05/3 FY06/3 FY07/3 1Q FY07/3 FY07/3 (Original (Revised (Actual) (Actual) Prospect) (Actual) Prospect) Change Capesize Bulkers 100 64 50 49 57 7 Handysize Bulkers 100 73 65 89 79 14 VL
Slide 11: Overview of Each Industrial Segments: Logistics
Overview of Each Industrial Segments 2. Logistics 1) NYK Logistics(Earth) : Profit Growth Continues. 1Q FY06/3(Actual) FY06/3(Actual) 1Q FY07/3(Actual) FY07/3(Prospect) Rec. Profit ¥0.4 Billion ¥3.6 Billion ¥0.6 Billion ¥7.4 Billion Change ¥1.3 Billion ¥2.9 Billion ¥0.2 Billion ¥3.8 Billion 2) YAS (
Slide 12: Overview of Each Industrial Segments: Terminal and Cruise
Overview of Each Industrial Segments 3. Terminal and Harbor Transport 1) Mitigated the Effect from the Reorganization of GA Together with Increase in Handling Cargo Helped to Achieve Target. 2) YTI (Los Angeles) Operates Smoothly with Improved Efficiency. 3) CTE Amsterdam , Start-Up Cost Depressed T
Slide 13: Nippon Cargo Airlines (NCA)
Nippon Cargo Airlines (NCA) NCA’s Results for 1Q FY07/3 and the Prospect for Whole FY07/3 (Billion yen) FY06/3 FY07/3 1Q FY07/3 FY07/3 (Revised Prospect) (Original (Actual) Prospect) (Actual) 1H 2H Whole Revenues 103.7 110.0 24.4 49.7 55.9 105.6 Rec. Profit 10.4 0.2 3.9 5.0 0.6 4.4 Lower Utilization
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