Kyoei Tanker Co., Ltd.
Notice of Revisions to Consolidated Earnings for the Second Quarter (Interim) and Full Year Forecast
Upward revision of the earnings forecast for the second quarter to March 2027 and the full year. Net sales for the second quarter cumulative: 7,400 million yen from 7,200 million yen (increase of 200 million yen, +2.8%). Full-year: 15,000 million yen from 14,600 million yen (increase of 400 million yen, +2.7%). Operating income for the second quarter cumulative: 400 million yen from 300 million yen (increase of 100 million yen, +33.3%). Full-year: 1,000 million yen from 800 million yen (increase of 200 million yen, +25.0%). Net income attributable to parent company shareholders for the interim: 3,700 million yen from 1,200 million yen (increase of 2,500 million yen, +208.3%). Full-year: 3,700 million yen from 1,300 million yen (increase of 2,400 million yen, +184.6%). Per-share interim net income: 483.81 yen from 156.91 yen; full-year also 483.81 yen from 169.99 yen.
Key Figures
- Revenue interim cumulative: 7,400百万円→7,400百万円 (2.8% increase) [After revision]
- Operating income interim cumulative: 400百万円 [Two-stage upward revision] (33.3% increase)
- Net income attributable to owners of the parent interim: 3,700百万円 (208.3% increase)
- Earnings per share (interim): 483.81 yen
- Revenue full year: 15,000百万円 (2.7% increase)
- Operating income full year: 1,000百万円 (25.0% increase)
- Net income attributable to owners of the parent full year: 3,700百万円 (184.6% increase)
- Earnings per share (full year): 483.81 yen
AI要約
Overview of earnings forecast revisions
This press release informs that, based on recent foreign exchange trends and vessel costs revisions, the consolidated earnings forecast for the second quarter cumulative and full year of the fiscal year ending March 2027 has been upwardly revised. All indicators—net sales, operating income, ordinary income, net income attributable to owners of the parent, and EPS—are expected to exceed the previous forecast, with interim net income showing a substantial increase. Special gains from insurance proceeds also contribute, likely exceeding initial plans. There is no change to the dividend policy.
Impact on investors and future outlook
The revisions are supported by FX and cost revisions, with potential upside depending on future market trends. However, external factors such as currency fluctuations and the treatment of insurance-related gains should be monitored. The revisions have limited impact on shareholder returns and capital plans, but the increase in net income could improve market valuation of the stock. The actual progress will need to be confirmed in upcoming quarterly reports.
Kyoei Tanker Co., Ltd.
Company overview · Stock price · Financial data · All IR
