Kawasaki Kisen Kaisha, Ltd. · TSE:9107
Kawasaki Kisen Kaisha — FY2006 Earnings Presentation
16 slides from Kawasaki Kisen Kaisha's earnings presentation, 2007
Slide 1: K LINE 2007 results presentation
4K LINE 2007 3 2008 2 1
Slide 2: Contents
A. 2007 3 A-1 2007 3 A-2 3 A-3 - - A-4 - - A-5 - - A-6 - - A-7 - - B. 2007 B-1 B-2 B-3 B-4 - - B-5 - -
Slide 3: A. 2007 results
4K LINE A. 2007 3
Slide 4: A-1. Results summary
A-1. 2007 3 2007 2006 3 9 9 6,466 3,380 9,846 8,005 1,841 23% 5,237 2,784 8,021 6,328 1,693 27% 616 391 1,007 397 610 154% 428 297 726 163 562 344% 637 373 1,010 417 593 142% 438 309 747 193 555 288% 440 239 680 356 324 91% 298 203 501 147 354 241% ¥119.64 ¥113.45 ¥117.57 ¥115.96 ¥1.61 - $353 $438 $
Slide 5: A-2. Ordinary income variance analysis
A-2. 3 +1,841 +593 15 18 ▲ 110 685 196 ▲ 61 ▲ 132 593
Slide 6: A-3. Containerships
A-3. 4,536 (+811 95 +150 • 8,000TEU • 243.7 TEU 10.5% • 3% +31% 7% +13% +9% 2% 8% +11% +1% - • $382/MT +$56 • 132
Slide 7: A-4. Dry bulk
A-4. • 3 9 • 140.9 154.1 +9.4 • • • 2007 2006 170 $179,000 $127,000 $112,500 $77,000 154.0% $50,000 74 $82,000 $62,000 $60,000 $35,000 129.6% $27,000 53 $65,000 $50,000 $45,000 $24,000 92.3% $26,000
Slide 8: A-5. Segment results
A-5. • 3 6000 2 8 – – – • 232.1 251.5 +8.4 • • •
Slide 9: A-6. Tankers and LNG carriers
A-6. • LNG 1 33 3 (VLCC 1 / 2 ) 2,348 3,099 (+32.0 ) • 3 2007 2006 (WS) VLCC ( / ) WS 136 WS 85 WS 70 ▲WS 7 ▲ 7.5% WS 92 Aframax ( / ) WS 183 WS 153 WS 120 ▲WS 19 ▲ 11.2% WS 172 7 ( / ) WS 155 WS 145 WS 135 ▲WS 46 ▲ 24.1% WS 191
Slide 10: A-7. Segment results
A-7. Ke.@ KAWASAKI RISEN KAPSHA, UPD.
Slide 11: B. 2007 forecast
4K LINE B. 2007
Slide 12: B-1. Forecast summary
B-1. 2007 2007 2006 6,466 3,380 3,154 6,534 13,000 13,000 - 10,855 2,145 20% 5,237 2,784 2,479 5,263 10,500 10,500 - 8,573 1,927 22% 616 391 273 664 1,280 1,280 - 614 666 109% 428 297 134 432 860 860 - 281 579 206% 637 373 270 643 1,280 1,280 - 639 641 100% 438 309 143 452 890 890 - 319 571 179% 440
Slide 13: B-2. Forecast by segment
B-2. 2007 2006 3,008 2,992 6,000 2,439 2,595 5,035 569 965 81 ▲ 23 58 ▲ 32 ▲ 47 ▲ 78 113 136 2,961 2,919 5,880 2,204 2,480 4,684 757 1,196 524 632 1,156 254 407 660 270 496 497 623 1,120 537 599 1,136 ▲ 40 ▲ 16 32 34 66 24 33 57 8 9 6,466 6,534 13,000 5,180 5,675 10,855 1,286 2,145 637 643 1,280 246
Slide 14: B-3. Ordinary income variance forecast
B-3. +2,145 +641 $319 $408 ¥116.91 ¥114.43 $387 $408 ¥116.07 ¥114.43 4 $450 $487 ¥110 ¥105 ▲ 30 ▲ 25 ▲ 231 ▲ 54 813 93 251 ▲ 18 ▲ 51 4 17 ▲ 12 ▲ 128 12 641 0
Slide 15: B-4. Containership forecast
B-4. - - 6,000 +965 58 +136 100 82 320 TEU ( +9% 1% ) +4% +31% 6% +14% +8% +2% - +11% +2% -
Slide 16: B-5. Market assumptions for dry bulk, tankers and LNG
B-5. - - 11 2007 10 170 US$127,000 US$90,000 US$80,000 US$129,500 US$115,000 US$112,500 US$54,500 74 US$62,000 US$36,000 US$50,000 US$66,000 US$59,000 US$60,000 US$29,000 53 US$50,000 US$28,000 US$40,000 US$52,000 US$48,000 US$45,000 US$27,500 2007 4 LNG 2007 3 34 11 (WS) VLCC ( / ) WS 85 WS 125 WS