TOKYO: Kawasaki Kisen Kaisha, Ltd (“K” Line), announces that it has revised its consolidated financial forecasts for the fiscal year ending March 2027 from the previously announced forecasts on May 8, 2026.
1. Revision of Financial Forecasts
1) Consolidated Financial Forecasts for the cumulative 2nd quarter of fiscal year ending March 31, 2027 (April 1, 2026 – September 30, 2026)
2) Consolidated Financial Forecasts for the fiscal year ending March 31, 2027 (April 1,2026 – March 31, 2027)
2. Reason for the Revision
Due to stable Drybulk market trend, the Company revised its financial forecast from the previously announced forecasts on May 8, 2026. Further to the above, the Company’s equity method affiliate company OCEAN NETWORK EXPRESS PTE. LTD., that operates containership business, expects cargo demand and spot freight rates to exceed the initial forecast.
The Company revised its consolidated financial forecast for cumulative second quarter of the fiscal year ending March 31, 2027 (April 1,2026 to September 30, 2026) as well as full fiscal year ending March 31, 2027 (April 1, 2026 to March 31, 2027) consolidated financial forecasts with above reason and revised estimation of Operating revenue, Operating income, Ordinary income and Profit attributable to owners of the parent accordingly.
