Kawasaki Kisen Kaisha, Ltd. · TSE:9107

Kawasaki Kisen Kaisha — Ocean Network Express — FY2025 Earnings Presentation

8 slides from Kawasaki Kisen Kaisha's earnings presentation, Apr 30, 2026

  1. Slide 1: Financial Results for FY2025

    Financial Results for FY2025 Apr 30, 2026

  2. Slide 2: Index

    Index 1. FY2025 Full Year Results P.3 2. Liftings, Utilization, P.4 and Freight Index in Major Trades 3. FY2026 Full Year Forecast P.5 4. ONEʼs Response to Recent Changes in the P.6 Business Environment 5. Reference Fleet Structure, Service Structure P.7 & New Order) 6. 6. Appendix: Change of Deman

  3. Slide 3: 1. FY2025 Results

    1. FY2025 Results Outline While cargo movements remained sluggish in 4Q, freight rates showed some recovery, resulting in a profit of US$55 million. For the full year, ONE delivered a profit of US$338 million. • Overall cargo demand remained subdued, although the Asia-Europe route saw steady demand

  4. Slide 4: 2. Liftings, Utilization and Freight Index in Major Trades

    2. Liftings, Utilization and Freight Index in Major Trades FY2024 FY2025 Liftings / Utilization by Trades 1Q 2Q 1H 3Q 4Q 2H Full Year 1Q 2Q 1H 3Q 4Q 2H Full Year Results Results Results Results Results Results Results Results Results Results Results Results Results Results Asia - North America Lifti

  5. Slide 5: 3. FY2026 Full Year Forecast

    3. FY2026 Full Year Forecast Outline While forecasting for FY2026 remains challenging due to the volatile geopolitical landscape, particularly in the Middle East, full year results are expected to show a profit of US$300 million. • The FY2026 forecast reflects the continued impact of the Middle East

  6. Slide 6: 4. ONE's Response to Recent Changes in the Business Environment

    4. ONEʼs Response to Recent Changes in the Business Environment ➢ In response to heightened geopolitical risks in the Middle East, restrictions on passage through the Strait of Hormuz have continued, significantly impacting supply chains to and from the region and causing substantial cost increases.

  7. Slide 7: 5. Reference Fleet Structure, Service Structure & New Order

    5. Reference Fleet Structure, Service Structure & New Order) Fleet Structure Service Structure 1 As of end of 2 As of end of Size 21 Dec 2025 Mar 2026 （FY2025 4Q Structure of dominant and 20,000 TEU >= Capacity TEU 264,600 264,600 0 non-dominant space allocation） Vessels 12 12 0 10,500 TEU -

  8. Slide 8: 6. Appendix Change of Demand and Freight index

    6. Appendix Change of Demand and Freight index Liftings Freight Index TEU FY2018 1Q100 ©2026 Ocean Network Express Pte. Ltd. All Rights Reserved 8

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