Independent journal on economy and transport policy
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Rise of the financial results of the three shipowning societies Japanese NYK, MOL and "K" Line
the improvement is determined mainly by the performances in the segment of the bulk transport
April 30, 2014
In the fiscal year 2013, conclusosi 31st March, the three main Japanese shipowning societies have recorded an improvement of the financial results graces above all to the positive evolution of the market of the marine transport of the bulk.
Nippon Yusen Kaisha (NYK) has closed the exercise with a profit of clearly 33,0 billion yen (322 million dollars), with an increment of +75% regarding 18,9 billion yen in fiscal year 2012. The company has recorded revenues for 2,237, 2 billion yen (+18%) and an operating profit of 45,0 billion yen (+158%). In the single segment of the containerized transport group NYK has totaled a loss of -700 million yen on revenues for 617,4 billion yen respect to a loss of -1,6 billion yen on revenues for 536,0 billion yen in fiscal year 2012. In the segment of the bulk transport NYK it has achieved a profit of 54,8 billion yen (+210%) on revenues for 988,4 billion yen (+20%).
The group Mitsui O.S.K. Lines (MOL) clearly has archived item fiscal year 2013 with a profit of 57,4 billion yen on revenues for 1,729, 4 billion yen respect to a net loss of -178,8 billion yen on revenues for 1,509, 2 billion yen in the exercise precedence. The operating result has been of positive sign for 41,1 billion yen respect to operating liabilities of -15,8 billion yen in fiscal year 2012. In the segment of the containerized transport of line MOL it has totaled a loss of -14,5 billion yen on revenues for 715,3 billion yen respect to a loss of -11,2 billion yen on revenues for 608,2 billion yen in fiscal year 2012, while in the branch of the bulk transport the Japanese company has recorded a profit of 57,1 billion yen on revenues for 836,9 billion yen respect to a loss of -24,7 billion yen on revenues for 732,0 billion yen in the exercise precedence.
Kawasaki Kisen Kaisha ("K" Linens) has closed fiscal year 2013 with a profit of clearly 16,6 billion yen, in increase of +56% regarding the year precedence. The volume of transactions is increased of +8% attesting itself to 1.224, 1 billion yen and the operating profit is piled to 28,8 billion yen (+94%). In the field of the line transport the company has accused a loss of -141 million yen on revenues for 590,5 billion yen respect to a profit of 6,6 billion yen on revenues for 562,1 billion yen in fiscal year 2012. In the section of the bulk transport "K" Linens have recorded a profit of 41,3 billion yen on revenues for 575,4 billion yen, with increments respective of +72% and +14% on the exercise precedence.
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