Replay available

Kawasaki Kisen Kaisha, Ltd (KAKKF) Q1 2024 Earnings Call

Kawasaki Kisen Kaisha, Ltd (OTC: KAKKF) Q1 2024 earnings conference call, held 2024-08-02. Replay captured from the company's public earnings webcast.

Fri, August 2, 2024 at 12:00 AMendedReplay
Kawasaki Kisen Kaisha, Ltd (KAKKF) Q1 2024 Earnings Call

Hosted by

Featured presenters

Hironori Horioka

President & CEO

Kenji Watanabe

Director, Corporate Planning Department (Investor Relations)

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.672 -- 00:00:06.916 Financial Highlights Brief Reports for First Quarter Fiscal Year 2024 A 00:00:06.999 -- 00:00:11.982 Financial Highlights for First Quarter Fiscal Year 2024 A1 00:00:12.644 -- 00:00:17.950 Financial Results for First Quarter Fiscal Year 2024 As 00:00:17.950 -- 00:00:23.015 the third year of the Medium-Term Management Plan, Fiscal 2024 00:00:23.015 -- 00:00:28.051 marks the plan's halfway point That third year began with the first quarter under 00:00:28.051 -- 00:00:33.238 review, which means a significant milestone, but I believe we have gotten off 00:00:33.238 -- 00:00:35.241 to a good start. 00:00:35.241 -- 00:00:40.247 For the fiscal 2024 first quarter results, operating revenues were 00:00:40.247 -- 00:00:42.190 267.6 00:00:42.190 -- 00:00:47.417 billion yen. Operating income was 30.7 billion yen. 00:00:47.417 -- 00:00:52.828 Ordinary income was 74.8 billion yen. and net income attributable 00:00:52.828 -- 00:00:57.876 to owners of parent was 72.5 billion yen. Each of these 00:00:57.876 -- 00:01:04.125 figures is up compared to the same period last year, so we're off to a solid start. 00:01:04.125 -- 00:01:09.514 Looking at the situation by business segment, dry bulk and car carrier business 00:01:09.514 -- 00:01:13.319 were basically supported by strong market conditions. 00:01:13.319 -- 00:01:18.837 In container ship business, short-term market conditions were also very favorable. 00:01:18.837 -- 00:01:23.905 This was due to supply constraints stemming from the situation in the Red Sea 00:01:23.905 -- 00:01:28.031 and a strong rebound in cargo demand. 00:01:28.031 -- 00:01:33.440 The key financial indicators show that equity capital was 1,631,000,000,000 00:01:33.440 -- 00:01:36.364 yen. Interest-bearing 00:01:36.364 -- 00:01...