NS United Kaiun Kaisha, Ltd. Second Quarter (Interim) Financial Summary [Japanese GAAP] (Consolidated)

Overview of Performance

Consolidated revenue for the interim period was 137,110 million yen, achieving a significant 22.9% year-over-year increase. Operating income rose markedly to 17,706 million yen, ordinary income was 17,073 million yen, and interim net income attributable to owners of parent was 14,467 million yen, substantially exceeding the prior year. The ocean-going shipping business remained robust, while some coastal shipping segments experienced earnings declines; overall the company maintained a profit-increasing trend. The full-year earnings forecast was revised and there is no change to the dividend forecast. The earnings release notes that supplementary explanatory materials for the financial results have been prepared.

Impact on Shareholders and Outlook

There is no revision to the year-end dividend forecast from the most recently announced dividend plan. The full-year forecast for the fiscal year ending March 2027 has been revised with updated assumptions for foreign exchange and fuel oil prices. The interim profit increase was supported by improved market conditions in ocean-going shipping and the weaker yen. Going forward, attention should be paid to demand trends for cargoes such as iron ore and grains, fluctuations in fuel costs, and geopolitical risks.