the shipowning societies Japanese "K" Linens, MOL and NYK close the trimester January-March with a net loss



In the fiscal year 2015, conclusosi 31st March, the three main Japanese shipowning companies Kawasaki Kisen Kaisha ("K" Linens), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kaisha (NYK) have recorded an sensitive worsening of the economic results regarding the fiscal year precedence, trend negative that has been emphasized in the last trimester in which ulteriorly the performances in the segment of the containerized marine transport have deteriotated and in last part of the year those of the segment of the marine bulk transport have shown a bending also.

After three consecutive fiscal years concluded with an economic result clearly of positive sign, in the fiscal year 2015 "K" Linens has accused a net loss of -51,5 billion yen (- 457 million dollars) respect to a profit of clearly 26,8 billion yen in fiscal year 2014. The revenues are diminished of -8,0% attesting itself to 1.243, the 9 billion one yen and the operating profit is piled to 9,4 billion yen, with a decrease of -80,4% regarding the 48,0 billion one yen in fiscal year 2014.

In the single segment of the transport of line "K" Linens have recorded revenues pairs to 614,9 billion yen (- 9.2%) and an ordinary loss of -10,0 billion yen respect to an ordinary profit of 20,6 billion yen in fiscal year 2014. In the period April 2015 - March 2016 the fleet of portacontainer of the Japanese company has transported altogether on the routes between Asia and Nord America and on those between Asia and Europe cargo volumes pairs almost 2,1 million teu, with a decrease of the -4,0% on the period anniversary precedence, of which 1,3 million teu transported from transpacifici services (+1.7%) and 733 thousand teu from the Asia-Europe services (- 12.7%). In the field of the bulk transport by sea "K" Linens have totaled an ordinary profit of 24,7 billion yen on revenues for 567,6 billion yen, with contractions respective of the -32,4% and the -5,5% on fiscal year 2014.

In the solo fourth trimester of the fiscal year 2015 "K" Linens has recorded a net loss of -60,8 billion yen respect to a net loss of -6,2 billion yen in the quarter January-March last year. The revenues are diminished of -21,1% coming down to the 266,1 billion one yen and the operating result has been of sign negative for -5,8 billion yen respect to an operating profit of 7,8 billion yen in the last trimester of fiscal year 2014. In the single segment of the marine transport of the container the company has marked an ordinary loss of -5,8 billion yen on revenues for 132,2 billion yen respect to an ordinary profit of 2,4 billion yen on revenues for 173,6 billion yen in the fourth trimester of fiscal year 2014. Considerably the performances in the segment of the bulk are gotten worse also where the first quarterly ordinary loss after 16 consecutive trimesters with positive sign is recorded, that it has been pairs to -1,6 billion yen respect to an ordinary profit of 3,8 billion yen in the fourth trimester of fiscal year 2014; moreover the revenues have shown a bending of -18,1% coming down to the 121,8 billion one yen.

Also the group MOL, after two exercises anniversaries finished with an economic result clearly of positive sign, in fiscal year 2015 has recorded a net loss that has been pairs to -170,4 billion yen respect to a profit of clearly 42,4 billion yen in the exercise precedence. The revenues are dropped of the -5,8% to 1.712, 2 billion yen and the operating profit is diminished of -86,5% attesting itself to the 2,3 billion one yen.

In the period anniversary April 2015 - March 2016 the fleet of portacontainer of MOL has transported cargo volumes pairs almost 4,0 million teu, with a decrease of the -9,6% regarding the period anniversary precedence. On the sun broken between Asia and Nord America +4.7%) and on the routes between Asia and Europe 706 thousand teu (- 11.2% are transported less than 1,2 million teu (). The activity of marine transport of line has closed the fiscal year 2015 with an ordinary loss of -29,8 billion yen on revenues for 721,1 billion yen respect to an ordinary loss of -24,1 billion yen on revenues for 789,1 billion yen in fiscal year 2014. The segment of the bulk transport has recorded an ordinary profit of 54,8 billion yen (+1.3%) on revenues for 839,1 billion yen (- 2.2%).

In the solo fourth trimester of fiscal year 2015 MOL has totaled a net loss of -183,7 billion yen respect to a profit of clearly 17,5 billion yen in the same period of the exercise precedence. The revenues are diminished of -16,3% to the 395,1 billion one yen and the operating result has been of sign negative for -7,3 billion yen respect to an operating profit of 9,7 billion yen in the last trimester of fiscal year 2014. The single division that takes care of the field of the line transport has recorded an ordinary loss of -11,4 billion yen on revenues for 158,7 billion yen respect to an ordinary loss of -3,2 billion yen on revenues for 202,3 billion yen in the fourth trimester of fiscal year 2014, while the segment of the bulk transport has totaled an ordinary profit of 10,0 billion yen (- 55.6%) on revenues for 200,5 billion yen (- 12.5%).

Group NYK has clearly instead archived item entire fiscal year 2015 with an economic result of positive sign that has been pairs to 18,2 billion yen, in bending of the -61,7% on the exercise precedence. The revenues are diminished of the -5,4% to 2.272, 3 billion yen and the operating profit is dropped of -26,0% to the 49,0 billion one yen.

In the fiscal year the 2015 portacontenitori ships of the NYK employed on the routes Asia-North America and Asia-Europe have transported almost 1,3 million teu, with a contraction of the -1,2% on the year precedence, of which 768 thousand teu transported on transpacifiche routes (+7.1%) and 508 thousand teu on that Asia-Europe (- 11.5%). Such branch of activity has recorded revenues for a total of 706,3 billion yen (+1.4%) and has closed the fiscal year 2015 with an ordinary loss of -300 million yen respect to an ordinary profit of 9,8 billion yen in the exercise precedence. In the segment of the bulk an ordinary profit of 46,5 billion yen (- 22.5%) on revenues for 902,2 billion yen (- 9.4% is recorded).

In the solo fourth trimester of the fiscal year 2015 group NYK has totaled a net loss of -4,6 billion yen on revenues for 505,6 billion yen respect to a profit of clearly 19,1 billion yen on revenues for 619,0 billion yen in the correspondent period of the fiscal year precedence. The operating profit is piled to 1,8 billion yen (- 92.9%). In the field of the line transport the revenues are come down of -11,9% to the 159,4 billion one yen and the period has been archived item with an ordinary loss of -1,1 billion yen respect to an ordinary profit of 3,7 billion yen in the last trimester of fiscal year 2014. In the section of the bulk useful ordinary and revenues decreases respective of -61,1% and -22,8% have shown coming down to 5,6 billion and the 192,1 billion one yen.