Kawasaki Kisen Kaisha, Ltd. · TSE:9107
Kawasaki Kisen Kaisha — Q3 FY2009 Earnings Presentation
18 slides from Kawasaki Kisen Kaisha's earnings presentation, Jan 29, 2010
Slide 1: K Line Third Quarter Results Presentation
IS KLINE 2009 3 2010 1 29
Slide 2: Contents
A. 2009 3 A-1 A-2 A-3 B. 2009 B-1 B-2 B-3 B-4
Slide 3: A-1-1. Consolidated results summary
A-1-1. 2009 2008 3Q 9 9 4,005 2,125 6,130 10,536 ▲ 4,406 ▲ 425 ▲ 104 ▲ 529 897 ▲ 1,425 ▲ 499 ▲ 146 ▲ 645 818 ▲ 1,463 ▲ 433 ▲ 187 ▲ 620 407 ▲ 1,027 ¥96.12 ¥89.49 ¥93.91 ¥103.50 ▲¥9.59 $353 $447 $386 $562 ▲$176 9.59 31 / $176 243
Slide 4: A-1-2. Results by segment
A-1-2. ( ) 2009 2008 3Q 9 9 1,783 906 2,690 4,491 ▲ 1,802 ▲ 471 ▲ 155 ▲ 626 ▲ 203 ▲ 423 1,832 1,021 2,853 5,235 ▲ 2,382 ▲ 46 ▲2 ▲ 48 976 ▲ 1,024 390 197 587 810 ▲ 223 19 11 29 45 ▲ 16 4,005 2,125 6,130 10,536 ▲ 4,406 ▲ 499 ▲ 146 ▲ 645 818 ▲ 1,463
Slide 5: A-2. Ordinary income change analysis
A-2. 4,406 1,463 08F3Q 818 => 09F3Q 645 < > ▲ 31 243 ▲ 1,628 ▲ 414 485 ▲ 65 ▲ 53 ▲ 1,463
Slide 6: A-3-1. Container ships
A-3-1. 2,690 1,802 626 423 232.8 TEU 5.9% * 31% % % % % 29% % % % % * =
Slide 7: A-3-2. Dry bulk
A-3-2. 155.2 ( 1.2%) ( ) 09 08 170 $46,500 $95,200 ▲ $48,700 $40,000 74 $20,500 $39,500 ▲ $19,000 $20,000 53 $16,000 $34,300 ▲ $18,300 $15,000
Slide 8: A-3-3. Car carriers
A-3-3. IN KLINE 146.5 ( 43.3%)
Slide 9: A-3-4. LNG carriers and tankers
A-3-4. LNG LNG 09 08 (WS) VLCC ( / ) WS 42 WS 130 ▲ WS 88 WS 51 Aframax ( / ) WS 67 WS 198 ▲ WS 131 WS 68 7 ( / ) WS 83 WS 327 ▲ WS 244 WS 88
Slide 10: A-3-5. Other segments
A-3-5, iS KLINE
Slide 11: B. Full-year forecast
IS KLINE B. 2009
Slide 12: B-1. Full-year forecast and 4Q
B-1. • 2 • 500 430 2009 2008 9 4Q 6,130 2,170 8,300 8,100 200 12,443 ▲ 4,143 ▲ 529 ▲ 51 ▲ 580 ▲ 590 10 716 ▲ 1,296 ▲ 645 ▲ 65 ▲ 710 ▲ 710 0 600 ▲ 1,310 ▲ 620 ▲ 80 ▲ 700 ▲ 790 90 324 ▲ 1,024 ¥93.91 ¥90.70 ¥93.11 ¥93.06 ¥0.05 ¥100.82 ▲¥7.71 $386 $485 $411 $401 $10 $504 ▲ $93 (4Q) 1 1.0 (4Q) $10/MT 3.5
Slide 13: B-2. Forecast by segment and quarter
B-2. • • 2009 2008 1Q 2Q 3Q 4Q 862 921 906 910 3,600 3,400 200 5,301 ▲ 1,701 ▲ 200 ▲ 271 ▲ 155 ▲ 94 ▲ 720 ▲ 740 20 ▲ 373 ▲ 347 861 971 1,021 1,047 3,900 3,860 40 6,091 ▲ 2,191 ▲ 42 ▲4 ▲2 58 10 36 ▲ 26 929 ▲ 919 196 193 197 213 800 840 ▲ 40 1,052 ▲ 252 15 3 11 ▲ 29 0 ▲6 6 44 ▲ 44 1,919 2,085 2,125 2,
Slide 14: B-3. Forecast change analysis
B-3. 8,300 ( 200 710 $401 $411 ¥93 ¥93 ( 4,143 ( 1,310 $504 $411 ¥101 ¥93 08F 600 09F2Q 710 => 09F 710 ▲ 33 0 173 ▲ 11 ▲ 1,503 87 ▲ 396 8 540 ▲ 84 ▲ 33 ▲3 ▲ 58 3 ▲ 1,310 0
Slide 15: B-4-1. Container ships forecast
B-4-1. 3,600 ( +200 / 1,701 ) 720 ( +20 / 347 ) 307 TEU ( 1.0% ) * 28% % % % % 23% % % % % * =
Slide 16: B-4-2. Full-year forecast by segment
B-4-2. 通期部門別業績予想 ＜ドライバルク＞ 公表比 増収・増益 市況は振幅あるも、堅調なレベルで推移 前期比 減収・減益 市況乱高下した前期と比べ相対的に市況低下 不定期船傭船市況（スポット） バルク市況 第4四半期 第1四半期 第2四半期 第３四半期 通期見込 （太平洋ラウンド） 見込 ケープ（170型） $46,000 $40,500 $53,000 $40,000 $45,000 パナマックス（74型） $16,000 $18,500 $27,000 $25,000 $21,500 ハンディ（53型） $12,500 $15,000 $20,500 $18,000 $16,500
Slide 17: B-4-3. LNG carriers forecast
B-4-3 iS KLINE LNG
Slide 18: IS KLINE
IS KLINE
Kawasaki Kisen Kaisha — Q3 FY2009 Earnings Presentation on 6ix