improvement of the results of the Japanese "K" Linens, MOL and NYK



In the first trimester of fiscal year 2017, period that is finished 30th june, the three Japanese shipowning societies Kawasaki Kisen Kaisha ("K" Linens), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kaisha (NYK) have recorded an improvement of the economic performances to which she has contributed also the rise of the results in the segment of the containerized marine transport, activity branch of which the three companies they have recently decided the fusion that she has lead to the constitution of joint venture Ocean Express Network that will become operating 1° the April 2018(31of October2016,31 maggioe 7 July2017).

"K" Linens has archived item the trimester April-june of this year with revenues pairs to 287,4 billion yen (2,6 billion dollars), in increase of +17.5% on the correspondent period of 2016. Operating result and economic result clearly have been both of positive sign and pairs respective to 3,9 billion and 8,5 billion yen regarding results of sign negative and pairs to -14,8 billion and -26,8 billion yen in the first trimester of fiscal year 2016.

In the single segment of portacontainer "K" Linens has totaled revenues pairs to 147,2 billion yen (+20.5%) and an ordinary profit of 6,1 billion yen respect to a sign result negative for -12,3 billion yen in the trimester April-june last year. The Japanese company has announced to have recorded increments of the containerized volumes transported on the route Asia-North America (+6%), on the routes Asia-Europe (+9%) and on those intra-Asians (+17%), while the volumes on the routes north-south are diminished of -5%. Altogether the increase of the transported cargo volumes has been of +7%.

In the budget of the first trimester of fiscal year 2017 MOL has marked revenues pairs to 403,3 billion yen (+12.0%) and an operating profit of 1,1 billion yen respect to an operating result of sign negative for -3,6 billion yen in the same period of the exercise precedence. The profit clearly is piled to 5,2 billion yen (+274.8%).

In the single field of the transport of the container MOL has recorded revenues pairs to 180,2 billion yen (+22.4%) and an ordinary loss pairs to -6,2 billion yen, with an improvement regarding the result of sign negative for -11,6 billion yen in the first trimester of exercise 2016. Also MOL has announced to have found an sensitive increase of the transported containerized volumes from own fleet, in particular on the Asia-Europe routes but above all on that America Asia-North that have marked an historical peak of traffic.

NYK has closed the trimester April-june of this year with a profit of clearly 5,4 billion yen on revenues pairs to 521,7 billion yen respect to a net loss of -12,8 billion yen on revenues pairs to 470,8 billion yen in the correspondent period last year. The operating result has been of positive sign and pairs to 3,6 billion yen respect to an operating result of sign negative for -11,0 billion yen in the trimester April-june of 2016.

In the segment of portacontenitori NYK has totaled revenues pairs to 171,5 billion yen (+21.3%) and an ordinary profit of 5,7 billion yen respect to a result of sign negative for -8,8 billion yen in the first trimester of fiscal year 2016.