Kawasaki Kisen Kaisha, Ltd. · TSE:9107
Kawasaki Kisen Kaisha — Q1 2025 Earnings Presentation
20 slides from Kawasaki Kisen Kaisha's earnings presentation, Aug 4, 2025
Slide 1: Financial Highlights: Brief Report for 1st Quarter FY2025
Financial Highlights Brief Report for 1st Quarter FY2025 August 4th, 2025 1
Slide 2: Index
∎A. Financial Highlights for 1st Quarter Fiscal Year 2025 A-１ ：Financial Results for 1st Quarter FY2025 A-２ ：Financial Results for 1st Quarter FY2025 by Segment ∎B. Forecasts and Initiatives for Fiscal Year 2025 B-１ ：Forecasts for FY2025 and Key Factors B-２ ：Comparison of Income and Loss for FY2025
Slide 3: A. Financial Highlights for 1st Quarter FY2025
A. Financial Highlights for 1st Quarter FY2025 3
Slide 4: Financial Results for 1st Quarter FY2025
A. Financial Highlights for 1st Quarter FY2025 A-１：Financial Results for 1st Quarter FY2025 ∎Financial Results for 1st Quarter FY2025 ∎ Key Factors（year-on-year comparison） （billion yen） FY2025 FY2024 ‣ Operating income decreased due to factors such as Operating Revenues 1Q 1Q exchange rate impacts
Slide 5: Financial Results for 1st Quarter FY2025 by Segment
A. Financial Highlights for 1st Quarter FY2025 A-２：Financial Results for 1st Quarter FY2025 by Segment ∎ Financial Results for 1Q FY2025 by Segment ∎ Key Factors by Segment（year-on-year comparison） （billion yen） ‣Dry Bulk Business Segment FY2025 FY2024 ‧ Although the Capesize market temporarily impr
Slide 6: B. Forecasts and Initiatives for Fiscal Year 2025
B. Forecasts and Initiatives for Fiscal Year 2025 6
Slide 7: Forecasts for FY2025 and Key Factors
B. Forecasts and Initiatives for Fiscal Year 2025 B-１：Forecasts for FY2025 and Key Factors ∎Forecasts for FY2025 （billion yen） FY2025 FY2024 vs the announced on May 7, 2025 Operating Revenues 1Q 2Q 1H 2H Total Total Total and Profit/Loss (g)-(h) (g)-(i) Forecast Forecast Forecast (g) (h) (i) Operati
Slide 8: Comparison of Income and Loss for FY2025
B. Forecasts and Initiatives for Fiscal Year 2025 B-２： Comparison of Income and Loss for FY2025 （Compared to the May 2025 announcement） Ordinary Income （billion yen） 150.0 135.0 the figures billion yen announced 120.0 -13.5 billion yen Containership 105.0 2.0 3.0 Business -16.5 billion yen 10.0 100.
Slide 9: Forecasts for FY2025 by Segment
B. Forecasts and Initiatives for Fiscal Year 2025 B-3：Forecasts for FY2025 by Segment ∎Forecasts for FY2025 by Segment （billion yen） FY2025 FY2024 vs the announced Business Segment on May 7, 2025 (Upper row: Operating Revenues) 1Q 2Q 1H 2H Total Total Total (l)-(m) (l)-(n) (Lower row: Ordinary Incom
Slide 10: C. Status and Progress of Plan
C. Status and Progress of the Medium-term Management Plan 10
Slide 11: 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 eff
Slide 12: Shareholder's Return Policy
C. Status and Progress of the Medium-term Management Plan C-２【Capital Policy】：Shareholder’s Return Policy The total return amount during the Medium-term Management Plan period will be 800.0 billion yen or more, and the planned annual dividend for FY2025 is 120 yen/share. Actual Plan ∎ Total return a
Slide 13: Changes in the business environment
C. Status and Progress of the Medium-term Management Plan C-３： Changes in the business environment The global business environment will remain uncertain due to factors such as emerging geopolitical risks, continued concerns about downward pressure on the global economy, and energy policy development
Slide 14: Shipping Industry Environment
C. Status and Progress of the Medium-term Management Plan C-４：Shipping Industry Environment The business environment remains uncertain, due to policy changes by the U.S. and avoidance of Suez Canal due to the situation in the Middle East etc. USTR-imposed countermeasures U.S. tariff policy targeting
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 FY2024 FY2025 Dry Bulk Market 2Q 3Q 4Q 1Q 2Q 3Q 4Q Total 1Q Forecast Forecast Forecast Forecast CAPE $22,650 $24,900 $18,300 $13,000 $19,750 $18,700 $22,000 $22,000 $15,000 $19,400 PANAMAX (*) $16,400 $1
Slide 17: Car Carriers Total Units Carried by Service Routes
Appendix Car Carriers Total Units Carried by Service Routes Total Units Carried FY2024 FY2025 2Q 3Q 4Q （1,000 units） 1Q 2Q 3Q 4Q Total 1Q Forecast Forecast Forecast Forecast Outbound 340 371 387 324 1,423 364 374 396 410 1,544 Homebound 58 63 69 52 242 58 56 66 59 239 Others 224 243 241 207 915 229
Slide 18: K Line Group Fleet Composition
Appendix “K” Line Group Fleet Composition MAR 2025 178 90 98 39 43 448 JUN 2025 177 90 95 38 43 443 0 100 200 300 400 500 Dry Bulk Energy Resource Transport Car Carriers Containerships Short Sea and Coastal Ships JUN 2025 MAR 2025 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 2025 JUN 2025 Number of Vessel 2025 2026 2027 CAPE 85 84 PANAMAX 41 41 CAPE 2 2 HANDYMAX 39 41 Dry Bulk SMALL HANDY 6 5
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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