Kawasaki Kisen Kaisha, Ltd. · TSE:9107
Kawasaki Kisen Kaisha — Q1 FY2008 Earnings Presentation
18 slides from Kawasaki Kisen Kaisha's earnings presentation, Jul 28, 2008
Slide 1: Financial Highlights: Brief Report for 1st Quarter FY2008
Financial Highlights Brief Report for 1st Quarter FY2008 28 July 2008 Kawasaki Kisen Kaisha, Ltd.
Slide 2: Agenda
Agenda A. Financial Highlights for 1st Quarter FY2008 A-1 Financial Results A-2 Key Points A-3-1 Outline of Division-wise Results for 1Q FY2008 - Container Business - A-3-2 Outline of Division-wise Results for 1Q FY2008 - Dry Bulk Business - A-3-3 Outline of Division-wise Results for 1Q FY2008 - Car
Slide 3: A. Financial Highlights for 1st Quarter FY2008
A. Financial Highlights for 1st Quarter FY2008
Slide 4: A-1. Financial Results
A-1. Financial Results (Unit: billion yen) 1Q FY2008 1Q FY2007 YoY YoY (Unit:billion yen) Comparison Results Results Comparison Business 1Q FY2008 1Q FY2007 (%) YoY Segment Results Results Comparison Operating Revenues 349.5 309.2 40.3 13.0% Container Operating Revenues 148.8 147.5 1.3 Operating Bus
Slide 5: A-2. Key Points
A-2. Key Points <YoY comparison> Operating Revenues Increase +40.3 billion yen Ordinary Income Decrease ▲2.7 billion yen Factors for Revenue increase and Profit decrease : • Strong bulk market • Business expansion in all divisions with 12 newbuildings delivered in 1Q FY 2008 • Positive cargo flow in
Slide 6: A-3-1. Division-wise Results 1Q FY2008 - Container Business
A-3-1. Outline of Division-wise Results for 1Q FY2008 - for Container Business - <YoY Comparison> Revenues increase / Profit decrease Operating Revenues : 148.8 billion yen (Revenues increase +1.3 billion yen) Ordinary Income : ▲1.0 billion yen (Profit decrease ▲9.0 billion yen) Revenue increase fac
Slide 7: A-3-2. Division-wise Results 1Q FY2008 - Dry Bulk Business
A-3-2. Outline of Division-wise Results for 1Q FY2008 - for Dry Bulk Business - <YoY Comparison> Revenues and Profit increase Revenue increase factors • Business expansion : 4 new ships delivered • Operating Tonnage : 49.0 => 53.6 million tons (+9.4%, YoY) Profit increase factors • Market for large-
Slide 8: A-3-3. Division-wise Results 1Q FY2008 - Car Carrier Business
A-3-3. Outline of Division-wise Results for 1Q FY2008 - for Car Carrier Business - <YoY Comparison> Revenues increase / Profit flat Revenue increase factors : • Business expansion (2 newbuilding delivery within 1Q FY2008, 5 ships delivered in FY 2007 started full operation.) • Total units carried (i
Slide 9: A-3-4. Division-wise Results 1Q FY2008 - Energy Transportation
A-3-4. Outline of Division-wise Results for 1Q FY2008 - for Energy Transportation- <YoY Comparison> Revenues and Profit increase Revenue increase factors LNG Carrier : 5 new ships for the projects we got engaged delivered within 1Q Stable operation in each existing project (total 38 vessels ) includ
Slide 10: A-3-5. Division-wise Results 1Q FY2008 - Other Business
A-3-5. Outline of Division-wise Results for 1Q FY2008 - for Other Business - (Heavy Lifter) – Fleet of 16 vessels, with 1 new ship delivered in this 1Q – Earning grows steadily due to strong demand for energy and resource development (Short Sea /Coastal Shipping) <YoY Comparison> Revenues and Profit
Slide 11: B. Prospects for FY2008
INK LINE B. Prospects for FY2008
Slide 12: B-1. Prospects for 1st Half/Yearly FY2008
B-1. Prospects for 1st Half/Yearly FY2008 （Unit:billion yen） 08F 1H Prospects Comparison 07F 1H Comparison 08F Yearly Prospects Comparison 07F Yearly Comparison Updaeted(1) Original*(2) (1)-(2) Results(3) (1)-(3) Updaeted(a) Original*(b) (a)-(b) Results (c) (a)-(c) Operating 700.0 670.0 30.0 646.6 5
Slide 13: B-2. Business-wise Operating Revenues/Ordinary Income
B-2. Business-wise Operating Revenues/Ordinary Income （Unit: billion yen） FY2008 FY2007 Comparison Business Segment 1Q 2Q 1H 1Q 2Q 1H 1Q 2Q 1H Operating Revenues 148.8 165.2 314.0 147.5 153.3 300.8 1.3 11.9 13.2 Container Busniess * Ordinary Income ▲ 1.0 ▲ 3.8 ▲ 4.8 8.0 0.1 8.1 ▲ 9.0 ▲ 3.9 ▲ 12.9 Op
Slide 14: B-3. Key Points for 1st Half FY2008
B-3. Key Points for 1st Half FY2008 <YoY Comparison> Operating Revenues 700.0 bln. yen (+53.4 bln. yen) Ordinary Income70.0 bln. yen (+6.3 bln. Yen) Premises: Bunker oil price $353=>$621/ton, Exchange rate ¥120 =>¥102/US$ <Comparison to Original Prospects*> Operating Revenues up (+30.0 bln. yen), Or
Slide 15: B-4-1. Division-wise Trends for 1H FY2008 Prospects - Container Business
B-4-1. Division-wise Trends for 1H FY2008 Prospects - Container Business - <Container Business> YoY Comparison: Operating Revenues 314.0 bln. yen (+13.2 bln. yen) Ordinary Income ▲4.8 bln. Yen (▲12.9 bln. yen) -Positive cargo trends toward summer peak season Steady growth in Asia-Europe trades, Asia
Slide 16: B-4-2. Division-wise Trends - Dry Bulk & Car Carrier Business
B-4-2. Division-wise Trends for 1H FY2008 Prospects - Dry Bulk & Car Carrier Business - <Dry Bulk Business > Revenues and Profit increase, YoY Strong cargo flow mainly to China, or other emerging countries : Market stays at higher level Delivery of newbuildings (total 5 in 1H FY2008) : Business expa
Slide 17: B-4-3. Division-wise Trends - Energy Transportation & Heavy Lifter
B-4-3. Division-wise Trends for 1H FY2008 Prospects - Energy Transportation & Heavy Lifter - <Energy Transportation> Revenues and Profit increase, YoY LNG Carrier : 4 newbuildings to be delivered in 2Q expanding our fleet to a total of 42 ships Tanker : Our fleet size expansion. Market for Aframax a
Slide 18: B-5. Key Points for FY2008
B-5. Key Points for FY2008 <YoY Comparison> Operating Revenues: 1,331.0 => 1,400.0 bln. yen (+69.0 bln. yen), Ordinary Income: 125.9 => 121.0 bln.yen (▲4.9 bln.yen) Premises: Bunker oil price: $408=>$685 (1H $353=>$621, 2H $460 =>$750) Exchange Rate ¥115=>¥101 (1H ¥120=>¥102, 2H ¥111=>¥100) <Compari
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