"K" Linens, MOL and NYK attends turned out economic inferiors to the precedence forecasts



The three main Japanese shipowning societies preview to close the first semester of the current fiscal year the 2016 and entire exercise anniversary, that it will finish on March 31, 2017, with inferior economic results regarding the precedence esteem formulated to April.

Kawasaki Kisen Kaisha ("K" Linens) has announced today that 4,8 billion dollars consider to record the semester 1° April -30 september 2016 with revenues pairs to 500 billion yen (about), inferior volume of waited for transactions to 530 billion the yen previously. "K" Linens clearly previews also an increase of the value negative of the operating result and the result, than previously respective pairs to -2 billion yen and -37 billion yen were estimated, while now pairs to -18 billion yen are previewed figures and -40 billion yen.

Moreover, if previously "K" Linens had announced that it would have closed the entire exercise anniversary with revenues pairs to 1.100 billion yen, now the forecast is of a turnover anniversary of 1.030 billion yen. The operating economic result - before previewed of positive sign and pairs to 17 billion yen - is time attended of sign negative and pairs to -13 billion yen. Confirmed the sign negative for the result clearly, estimated previously pairs to -35 billion yen and to now 45,5 billion yen.

Also Mitsui O.S.K. Lines (MOL), as "K" Linens, previews an ulterior contraction of the revenues is regarding the fiscal year 2015 that to the forecast for formulated exercise 2016 to April: the company considers that in the first semester and the entire exercise anniversary the 2016 revenues will be pairs respective to 714,5 billion yen and 1.493 billion yen regarding the esteem precedence of 759 billion and 1.516 billion yen. For the semiannual operating result a result is attended negative and pairs to -3 billion yen respect to a result negative of -500 million yen waited for previously, and for the operating result anniversary, respect to a precedence figure of positive sign pairs to three billions of yen, is time attended a sign figure negative pairs to -5 billion yen. MOL considers instead that the clearly semiannual profit will turn out advanced regarding the precedence estimates of 7,5 billion yen attesting itself to 10 billion yen, while the profit clearly anniversary will be inferior and pairs to 15 billion yen regarding the precedence forecast of 20 billion yen.

The variations communicated today from Nippon Yusen Kaisha (NYK) show a contraction of the -10,9% of the semiannual revenues attended, that they come down from 1.090 billion yen to 971,5 billion yen, and a decrease of the -8,6% of the annual revenues, that they pass from 2.180 billion to 1.992 billion yen. Moreover, if previously turned out operating and clearly semiannual result and anniversary were both attended of positive sign, now the esteem indicate negative figures: for the operating result one passes from a semiannual value of positive sign pairs to 10,5 billion yen to a value of sign negative pairs to -19,6 billion yen and from a result anniversary of positive sign pairs to 27,5 billion yen to an operating result pairs to zero; for the economic result clearly the semiannual forecast is of a value negative pairs to -26,5 billion yen respect to a precedence positive value pairs to five billions of yen and the forecast anniversary is of a value negative pairs to -15 billion yen respect to a figure of positive sign for 15 billion yen estimated previously.