Nippon Yusen Kabushiki Kaisha · TSE:9101

Nippon Yusen Kabushiki Kaisha — FY2006 Earnings Presentation

18 slides from Nippon Yusen Kabushiki Kaisha's earnings presentation, May 2007

  1. Slide 1: Financial Results for Whole FY07/3 and Prospect for Whole FY08/3

    Financial Results for Whole FY07/3 and Prospect for Whole FY08/3 May 2007

  2. Slide 2: Summary of Whole FY07/3

    Summary of Whole FY07/3 1) Revenues Exceeded ¥2 Tril. for the First Time, but Profits Declined (Billions of Yen) Revenues Ope. Profit Rec. Profit Net Income Whole FY06/3 1,929.3 140.5 140.5 92.1 Whole FY07/3 2,164.3 104.9 107.5 65.0 Change % 235.0 12% 35.5 -25% 32.9 -23% 27.0 -29% 2) Shipping Div. :

  3. Slide 3: Analysis of Change in Recurring Profit between Whole FY07/3 and FY06/3

    Analysis of Change in Recurring Profit between Whole FY07/3 and FY06/3 (Billions of Yen) Yen Depreciation 5.3 FY07/3 116.91/Depreciated by 3.82/$ Bunker Oil Price 10.7 FY07/3 $318.77/ Increased by $35.69 Market Effects etc 40.2 Non Shipping Segments 6.8 Exclusive of NCA Shipping 10.0 Bil., Non-Shipp

  4. Slide 4: Comparison of Financial Results between Whole FY07/3 and FY06/3 by Industrial Segments

    Comparison of Financial Results between Whole FY07/3 and FY06/3 by Industrial Segments (Billions of Yen) Liner Other Elimination/ Revenues (Container) Shipping Logistics Terminal Cruise Real Estate Other Unallocation Consolidated Whole FY06/3 539.2 677.7 426.4 111.5 40.8 12.5 234.3 113.1 1,929.3 Who

  5. Slide 5: Whole FY07/3 Result against Previous Prospect by Industrial Segment

    Whole FY07/3 Result against Previous Prospect (as of Feb. 2007) by Industrial Segment (Billions of Yen) Liner Other Elimination/ Revenues (Container) Shipping Logistics Terminal Cruise Real Estate Other Unallocation Consolidated Previous 557.0 765.0 477.0 124.0 45.4 11.5 276.6 134.5 2,122.0 Prospect

  6. Slide 6: Summary of Prospect for Whole FY08/3

    Summary of Prospect for Whole FY 08/3 1) Business Prospect : Both Revenues and Rec. Profit to Grow to ¥2.24 Tril. (+¥75.7 Bil.) and ¥130.0 Bil. (+¥22.5 Bil.) YoY Respectively 2) Shipping Div. : ¥11.7 Bil. Rec. Profit Increase in Liner Segment by Freight Restoration, ¥4.7 Bil. Increase in Other Shipp

  7. Slide 7: Prospect for Whole FY08/3

    Prospect for Whole FY08/3 (Billions of Yen) FY 07/3(Result) FY 08/3(Prospect) Change 1H 2H Whole 1H 2H Whole Whole 75.7 Revenues 1,053.6 1,110.6 2,164.3 1,110.0 1,130.0 2,240.0 3% Operating 32.1 47.1 57.8 104.9 66.0 71.0 137.0 Profit 31% Recurring 22.5 48.9 58.6 107.5 62.5 67.5 130.0 Profit 21% 17.0

  8. Slide 8: Comparison of Financial Results/Prospects of FY07/3 and FY08/3 by Industrial Segments

    Comparison of Financial Results/Prospects of FY07/3 and FY08/3 by Industrial Segments (Billions of Yen) Liner Other Air Cargo Elimination/ Revenues (Container) Shipping Logistics Terminal Cruise Transportation Real Estate Other Unallocation Consolidated FY07/3(Result) 574.0 783.3 482.7 126.9 44.1 -

  9. Slide 9: Overview of Each Industrial Segment

    Overview of Each Industrial Segment 1. Shipping Division –1) Container : Freight Restoration Proceeds in NE Trade Container Lifting Result/Prospect (1,000TEU) FY06/3 FY07/3 FY08/3 Change (%) Change (%) (Result) (Result) (Prospect) Asia North America 702 704 2 0.3% 827 123 17.4% (Utilization) 86% 85%

  10. Slide 10: Overview of Each Industrial Segment

    Overview of Each Industrial Segment 1. Shipping Division – 2) Shipping Market Forecast(Index) FY06/3 FY07/3 (Result) FY08/3(Prospect) (Result) 1H 2H Whole 1H 2H Whole Capesize Bulkers 63 63 105 84 78 63 71 Handysize Bulkers 68 81 104 92 86 77 82 VLCC 71 67 47 57 47 60 54 * Indexes for FY05/3 = 100 B

  11. Slide 11: Overview of Each Industrial Segment: Logistics Segment

    Overview of Each Industrial Segment 2 Logistics Segment(Earth/Air) 1) NYK LOGISTICS (Earth) : FY07/3(Result) FY08/3(Prospect) 1H 2H Whole 1H 2H Whole Rec. Profit ¥2.1 Bil. ¥4.4 Bil. ¥6.5 Bil. ¥3.5 Bil. ¥6.0 Bil. ¥9.5 Bil. Change ¥0.5 Bil. ¥2.4 Bil. ¥2.8 Bil. ¥1.4 Bil. ¥1.6 Bil. ¥3.0 Bil. 2) YAS(Air

  12. Slide 12: Overview of Each Industrial Segment

    Overview of Each Industrial Segment 3. Terminal and Harbour Transport Segment 1) YTI(Los Angeles)/CTI(Ceres Terminal in N.America) : Profits Increased Despite the Decline in Handling Volume 2) CTE(Ceres Terminal in Europe) : Handling Volume Increased Owing to GA Vessels Calling through the Whole Yea

  13. Slide 13: Air Cargo Transportation Segment (NCA)

    Air Cargo Transportation Segment(NCA) 1) Change in Prospects and Result for FY07/3 (Billions of Yen) FY07/3 FY07/3 FY06/3 Original Revised FY07/3 Result Result Prospect Prospect As of May 2006 As of Nov. 2006 1H 2H Whole Revenues 103.6 110.0 102.6 48.0 49.0 97.0 Rec. Profit 10.4 0.2 10.8 8.5 9.6 18.

  14. Slide 14: Air Cargo Transportation Segment (NCA)

    Air Cargo Transportation Segment(NCA) 2) Prospect for FY08/3 and Phoenix Project 2.0 (Phase-1) (Billions of Yen) NCA Phoenix Project 2.0 (Phase-1) (Phase-2) FY07/3 FY08/3 Prospect FY09/3 FY10/3 Result 1H 2H Whole Prospect Prospect Revenues 97.0 50.0 54.0 104.0 112.7 130.0 Rec. Profit 18.1 9.0 6.5 15

  15. Slide 15: Air Cargo Transportation Segment (NCA)

    Air Cargo Transportation Segment(NCA) 3) Tradewise Load Factor Trend Phoenix Project (Phase-1) (Phase-2) FY07/3 FY08/3 FY09/3 FY10/3 Result Prospect Prospect Prospect Asia NA 97% 98% 97% NA Asia 74% 79% 78% Asia Europe 99% 100% 100% Average Europe Asia 90% 95% 93% of All Trade Japan Asia 59% 71% 63%

  16. Slide 16: Air Cargo Transportation Segment (NCA)

    Air Cargo Transportation Segment(NCA) 4) Phoenix Project 2.0 Fleet Expansion Plan Phase-1 Phase-2 Phase-3 (No. of Fleet) FY06/3 FY07/3 FY08/3 FY09/3 FY10/3 FY11/3 FY12/3 FY13/3 FY16/3 B747-200F 10 5 3 B747-400F 2 4 6 10 10 10 10 10 10 B747-8F 2 5 8 11 14 Purchased Capacities 2 2.5 3 3 3 Total 12 11

  17. Slide 17: Air Cargo Transportation Segment (NCA)

    Air Cargo Transportation Segment(NCA) 5) Financial Plan for Phoenix Project 2.0 Phase-2/3 (Billions of Yen) Phase-2 Phase-3 FY10/3 FY11/3 FY12/3 FY13/3 FY16/3 Revenues 130.0 165.0 200.0 235.0 300.0 Rec. Profit 1.0 10.0 19.0 26.0 35.0 Phase-2 (FY10/3 FY13/3) Period to Take Off Taking the Chance of th

  18. Slide 18: Fleet Expansion Result/Plan (Vessels)

    Fleet Expansion Result/Plan(Vessels) FY07/3 FY08/3 FY09/3-FY11/3 Operating Vessels Operating Vessels Operating Vessels by March 2007 by March 2008 by March 2011 Bulkcarriers, Tankers, LNGs, etc 447 (48) 485 (125) 600 (Released in Nov. 2006) 484 (127) 599 Car Carriers 115 (9) 118 (30) 140 (Released i

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