Kawasaki Kisen Kaisha, Ltd. · TSE:9107
Kawasaki Kisen Kaisha — Q2 FY2011 Earnings Presentation
12 slides from Kawasaki Kisen Kaisha's earnings presentation, Oct 31, 2011
Slide 1: Financial Report for 2nd Quarter FY2011
Financial Report for 2nd Quarter FY2011 31 Oct 2011 Kawasaki Kisen Kaisha, Ltd.
Slide 2: Agenda
Agenda A. Financial Highlights for 2nd Quarter FY2011 A-1 Financial Results for 2nd Quarter FY2011 A-2 Key Points of 1st Half FY2011 A-3 Estimate for Yearly FY2011 A-4 Key Points of FY2011 B. Division-wise Trends B-1 Containership Business B-2 Bulk Shipping Business – Dry Bulk Business B-3 Bulk Ship
Slide 3: A. Financial Highlights for 2nd Quarter FY2011
A. Financial Highlights for 2nd Quarter FY2011
Slide 4: A-1. Financial Results for 2nd Quarter FY2011
A-1. Financial Results for 2nd Quarter FY2011 （unit：billion yen） FY2011 Previous Comparison with FY2010 FY2011 FY2011 Previous Y on Y 1Q Result 2Q Result 1H Result Estimate Estimate 1H Result Comparison Operating Revenues 244.2 252.8 497.0 500.0 ▲ 3.0 520.4 ▲ 23.4 Operating Income ▲ 9.9 ▲ 8.5 ▲ 18.4
Slide 5: A-2. Key Points of 1st Half FY2011
A-2. Key Points of 1st Half FY2011 <Comparison with Previous Estimate> Revenue Decrease(▲ 3.0 billion yen) / Profit Decrease(▲ 6.3 billion yen) Variation Factors Comparison with Previous Estimate Exchange Rate ▲ 0.5 Average Exchange rate in 2Q \0.9/$ higher than Previous Estimate Bunker Oil Price ▲
Slide 6: A-3. Estimate for Yearly FY2011
A-3. Estimate for Yearly FY2011 （unit：billion yen） FY2011 FY2010 Y on Y Previous Estimate 1H 2H FY 1H 2H FY Comparison 1H 2H FY Operating Revenues 497.0 494.0 991.0 520.4 464.7 985.1 5.9 500.0 560.0 1,060.0 Operating Income ▲ 18.4 ▲ 11.6 ▲ 30.0 50.0 8.6 58.6 ▲ 88.6 ▲ 15.0 10.0 ▲ 5.0 Ordinary Income
Slide 7: A-4. Key Points of Yearly FY2011
A-4. Key Points of Yearly FY2011 <Comparison with Previous Estimate> Revenue Decrease(▲ 69.0 billion yen) / Profit Decrease(▲ 33.0 billion yen) Variation Factors Comparison with Previous Estimate Exchange Rate ▲ 5.3 Average Exchange rate in 2011 \4.45/$ higher than Previous Estimate Bunker Oil Price
Slide 8: B. Division-wise Trends
KY K Mmmm = KAWASAKI KISEN KAISHA, LTD. B. Division-wise Trends
Slide 9: B-1. Division-wise Trends - Containership Business
B-1. Division-wise Trends -Containership Business- ＜11F 1H Result＞Y on Y Comparison: Revenue Decrease/Turning into Red Compared with Previous Estimate*: Revenue Decrease/Deficit Increase Main reason is falling short of target freight rate because negotiation to introduce rate restoration including p
Slide 10: B-2. Division-wise Trends - Dry Bulk Business
B-2. Division-wise Trends -Dry Bulk Business- ＜11F 1H Result＞ Y on Y Comparison: Revenue Increase/Profit Decrease Compared with Previous Estimate*: almost as expected Dry Bulk Market downturn due to imbalance of supply and demand *Previous Estimate= Estimate as of July 2011 ＜Key Points after 2nd Hal
Slide 11: B-3. Division-wise Trends - Car Carrier Business
B-3. Division-wise Trends -Car Carrier Business- ＜11F 1H Result＞ Y on Y Comparison: Revenue Decrease/ Turning into Red Compared with Previous Estimate*: Revenue Increase/Deficit Decrease Y on Y Comparison: Drastic fall of completed car exports from Japan due to the Great East Japan Earthquake Compar
Slide 12: B-4. Division-wise Trends - Energy Transportation and Heavy Lifters
B-4. Division-wise Trends -Energy Transportation and Heavy Lifters- 【 Energy Transportation 】 ＜11F 1H Result＞Y on Y Comparison: Revenue Decreased/Deficit Decreased Compared with Previous Estimate*: Revenue Almost as Expected/Deficit Increased 【LNG】 Long-term contracts performed well and some middle
Kawasaki Kisen Kaisha — Q2 FY2011 Earnings Presentation on 6ix