Tamai Steamship Co., Ltd.
Notice Regarding Differences from Earnings Guidance for the Second Quarter (Interim) of the Fiscal Year Ending March 2027
Announces differences between actual results and prior guidance for the second quarter (interim) of the fiscal year ending March 2027. Net sales exceeded prior guidance by 6.3% to 2,869 million yen. Operating income rose 6.3%, ordinary income rose 27.4%, and interim net income attributable to owners of parent increased 37.5% to 287.93 yen per share. Primary factors for the variance were reduced voyage expenses and yen depreciation, along with impacts from reassessments of overseas subsidiary expenses and depreciation.
Key Figures
- Net Sales: 2,869 million yen (Prior guidance 2,700 million yen)
- Operating Income: 654 million yen (Prior guidance 510 million yen)
- Ordinary Income: 659 million yen (Prior guidance 530 million yen)
- Interim Net Income Attributable to Owners of Parent: 440 million yen (Prior guidance 320 million yen)
- Interim Net Income per Share: 287.93 yen (Prior guidance 209.15 yen)
AI要約
Overview of Earnings Variances
For the second quarter (interim) of the fiscal year ending March 2027, actual results exceeded previously announced guidance: net sales increased by 169 million yen, operating income increased by 144 million yen, ordinary income increased by 129 million yen, and interim net income attributable to owners of parent increased by 120 million yen. The depreciation of the yen (actual rate: 160.08 yen/USD) and reduced voyage expenses for ocean-going vessels were factors that boosted profits. Conversely, a review of overseas subsidiary costs is expected to increase the provision for special repairs, creating cost-upward pressure. As a result, a reduction in the recognized deferred tax liabilities led to a decrease in adjustments for income taxes, contributing to the increase in interim net income attributable to owners of parent.
Future Impact and Points to Note
While full-year results may be affected by trends in exchange rates and voyage expenses, the current variance drivers are a mix of temporary and structural cost fluctuations and tax treatment effects, requiring ongoing monitoring for future outlooks. The reassessment of overseas subsidiary costs and contributions from foreign exchange gains may temporarily boost profits, while additional cost increases may continue after the interim period.
Tamai Steamship Co., Ltd.
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