6 stories mentioning TYO:9101Updated 3d ago
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Nippon Yusen Kabushiki Kaisha (TYO:9101) has an average rating of hold and mean price target of 5,947.08 yen, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Nippon Yusen Kabushiki Kaisha (TYO:9101) posted a 34% year-over-year increase in attributable profit for the fiscal first quarter to 67.1 billion yen from 50.2 billion yen.Profit per share was 166.10 yen, compared with 116.74 yen a year earlier, according to a Tokyo bourse filing on Wednesday.Revenue rose 21% to 727.7 billion yen from 600.9 billion yen for the three months ended June 30.The logistics company raised its full-year attributable profit forecast to 240.0 billion yen from 195.0 billion yen, revenue to 2.881 trillion yen from 2.605 trillion yen and EPS to 594.49 yen.The revision was due to better expectations in several of its business segments, including container shipping as well as air and ocean freight forwarding.The company plans to pay interim and year-end dividends of 120 yen per share each for the current year, which is higher from the year-ago period.Shares of the company fell more than 4% in recent trade.
Nippon Yusen Kabushiki Kaisha (TYO:9101) plans to launch a tender offer to acquire all outstanding shares of NS United Kaiun Kaisha as part of a privatization process, according to a Friday filing on the Tokyo Stock Exchange.The offer price is set at 10,600 yen per share, with a minimum purchase threshold of 3.52 million shares and no maximum limit, the filing said.The tender offer is expected to begin in late November or late December, conditional on regulatory approvals and other applicable conditions, and is expected to remain open for about 20 business days in the U.S. to comply with the minimum tender offer period required under U.S. securities laws, it said.Shares of Nippon Yusen Kabushiki Kaisha fell over 3% in recent trade.
Nippon Yusen Kabushiki Kaisha (TYO:9101) (NYK Line) is considering over 100 billion yen in investments for a new luxury cruise ship, Nikkei reported Tuesday.The vessel will displace the luxury Asuka II liner and run along the Asuka III, which became operational last year, the report said.The venture will commence around the fiscal year starting April 2028, with the ship's size and specifications as well as the contractor to be determined later on, according to the report.The transportation company did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Nippon Yusen Kabushiki Kaisha (TYO:9101) (NYK Line) is weighing an expansion of its tanker fleet as energy flows gradually shift away from the Middle East toward longer-haul routes, Nikkei reported Wednesday.CEO Takaya Soga said oil import patterns are being reassessed across the industry as geopolitical tensions expose risks tied to heavy reliance on the Strait of Hormuz. He said the shift in sourcing is likely to persist even if shipping routes through the region stabilize, according to the report.A move toward crude supplies from regions such as the United States and Africa would lengthen transport distances, increasing demand for very large crude carriers. NYK Line is considering adding such vessels to its fleet to capture the expected rise in shipping volumes, the report said.The company said earlier this week it expects a decline in annual profit, assuming disruptions in the Strait of Hormuz continue into mid-year. Soga said prolonged blockage of the key shipping route would have wider global consequences, warning that an extended disruption could strain the world economy, according to the report.Beyond crude oil logistics, NYK Line expects companies across manufacturing and trade to increase inventories and diversify supply chains, reducing dependence on single transit routes, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Nippon Yusen Kabushiki Kaisha (TYO:9101), d/b/a NYK Line, said profit attributable to owners of the parent plunged 56% to 211.75 billion yen for fiscal year 2025 from 477.71 billion yen a year earlier.The shipping company's basic earnings per share declined to 504.85 yen from 1,070.32 yen a year ago, according to a Tokyo bourse filing on Monday.Revenue fell to 2.424 trillion yen for the year ended March 31 from 2.589 trillion yen in the prior year.In a separate disclosure, NYK Line raised its final dividend to 115 yen per share, payable from June 18, compared with its 110 yen forecast and year-ago payout of 195 yen.For fiscal year 2026, the company expects attributable profit of 195 billion yen, profit per share of 464.91 yen, and revenue of 2.605 trillion yen. NYK Line plans to pay per-share interim and year-end dividends of 100 yen each, which in total is lower than the 230 yen for fiscal year 2025.
