Asia
NYK Line's Attributable Profit Declines 56% in Fiscal Year 2025
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.
TYO:9101