Independent journal on economy and transport policy
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In the fiscal year 2012 "K" Line and NYK returns to the profit, while MOL emphasizes the losses
Increase of the volume of transactions of the three Japanese shipowning societies
April 30, 2013
During the last few years the course of the financial results recorded from the Japanese shipowning societies Kawasaki Kisen Kaisha ("K" Linens), Mitsui O.S.K. Lines (MOL), Nippon Yusen Kaisha (NYK) has turned out substantially analogous. Anniversary makes exception the last fiscal year, that it is finished 31st March. In fiscal year 2012, in fact, the group MOL has accused an sensitive deterioration of the results regarding the exercise precedence, while "K" Line and NYK has achieved an improvement of the performances that has allowed with the two companies to return to record a result of positive sign clearly.
MOL has archived item fiscal year 2012 with a net loss of -178,8 billion yen (1,8 billion dollars) respect to a net loss of -26,0 billion yen in the period 1° April 2011 - 31 March 2012. The revenues are increased of 5.2% attesting itself to 1.509, 2 billion yen. The operating result has been negative for -15,8 billion yen respect to operating liabilities of -24,5 billion yen in fiscal year 2011. In the solo last trimester of the fiscal year 2012 (correspondent to the first trimester the 2013) group has totaled a net loss of -120,1 billion yen and operating liabilities of -4,4 billion yen on revenues for 389,7 billion yen respect to a net loss of -868 million yen and operating liabilities of -6,1 billion yen on revenues for 361,5 billion yen in the last trimester of fiscal year 2011.
"K" Linens has closed the fiscal year 2012 with a profit of clearly 10,7 billion yen respect to a net loss of -41,3 billion yen in the exercise precedence. The revenues are increased of 16.7% to 1.134, 8 billion yen. The operating result has been of positive sign for 14,9 billion yen respect to a sign result negative for -40,6 billion yen in fiscal year 2011. In the fourth trimester of the fiscal year the 2012 Japanese company has recorded a profit of clearly 1,3 billion yen and an operating profit of 4,3 billion yen on revenues for 332,3 billion yen respect to a profit of clearly 815 million yen and operating liabilities of -8,9 billion yen on revenues for 239,4 billion yen in the last trimester of fiscal year 2011.
In the entire fiscal year 2012 group NYK has totaled a profit of clearly 18,9 billion yen on revenues for 1,897, 1 billion yen respect to a net loss of -72,8 billion yen on revenues for 1,807, 8 billion yen in the exercise precedence. The operating result anniversary has been of positive sign for 17,4 billion yen respect to an operating result of sign negative for -24,1 billion yen in fiscal year 2011. In the fourth trimester of the fiscal year 2012 NYK have recorded a profit of clearly 15,7 billion yen and an operating profit of 1,7 billion yen on revenues for 490,6 billion yen respect to a net loss of -55,5 billion yen and operating liabilities of -8,0 billion yen on revenues for 456,8 billion yen in the last trimester of the fiscal year precedence.
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