Independent journal on economy and transport policy
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Emphasized increase of the economic performances of "K" Linens, MOL and NYK
The three Japanese companies have been profitable notice the results of the period April-December 2010
January 31, 2011
The three main Japanese shipowning groups have concluded the first nine months of fiscal year 2010, finished 31st December, with an sensitive progression of the economic results.
The group Kawasaki Kisen Kaisha ("K" Linens) has closed the period with a profit of clearly 33,2 billion yen (404 million dollars) on revenues for 761,8 billion yen respect to a net loss of 62,0 billion and revenues for 613,0 billion yen in the period April-December 2009. The operating result has been positive for 62,3 billion yen respect to a result negative for 52,9 billion yen in the correspondent period of fiscal year 2009.
Mitsui O.S.K. Lines (MOL) clearly has archived item the first nine months of the fiscal year 2010 with a profit of clearly 56 billion yen and operating profit of 108 billion yen on revenues for 1.180 billion yen respect to a profit of two billions of yen and an operating profit of two billions of yen on revenues for 985 billion yen in the first nine months of fiscal year 2009.
In the first nine months of the fiscal year the 2010 group Nippon Yusen Kaisha (NYK) has totaled a profit of clearly 71,2 billion yen and an operating profit of 118,0 billion yen on revenues for 1,481, 7 billion yen respect to liabilities of clearly 26,6 billion yen and operating liabilities of 32,1 billion yen on revenues for 1,237, 3 billion yen in the period April-December 2009.
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