Kawasaki Kisen KaishaKawasaki Kisen Kaisha, Ltd.9107東証プライム海運業FY ending Mar 2026, consolidated, J-GAAP

Kawasaki Kisen Kaisha FY ending Mar 2026 results

About 61% of Kawasaki Kisen Kaisha's sales come from Product logistics, with Dry bulk and Energy resource transport making up much of the rest.

Out of every ¥100 of sales, about ¥8 is left as operating profit.

Revenue changed -2.8% from the prior year, operating profit -18.2%.

Revenue and profit pattern

Revenue and profit down

Revenue -2.8% · profit -18.2%, calculated from disclosed figures.

Operating leverage: 6.44× (profit growth ÷ revenue growth)

FY ending Mar 2025 → FY ending Mar 2026

Revenue for FY ending Mar 2026 was ¥1.02T, down 2.8% from ¥1.05T.
Operating income dropped 18.2% to ¥84.2B, as both dry bulk and car carriers earned less.
Net income attributable to owners fell 56.5% to ¥133B. The biggest hit came from ONE, the container shipping affiliate, whose lower profit sharply cut K Line's equity-method income.
Free cash flow, on the other hand, rose 24.8% to ¥176.1B.

Dry bulk profit fell because of labor disputes at loading ports and higher costs
Car carrier profit fell as new US tariffs and trouble in the Middle East forced route changes and pushed up fuel and other operating costs
A wave of new container ships kept the market oversupplied and average freight rates below last year, so ONE's sales and profit fell. Energy resource transport earned more, partly because last year's impairment loss did not recur

A large share of revenue is in US dollars, so a stronger yen shrinks earnings in yen terms
Fuel is a big part of operating costs, so swings in oil prices move profits
Shifts in geopolitics and trade policy, including US-China tensions, could change cargo flows and rates, and disrupt shipbuilding and dry-docking in China

Annual Securities Report (158th term) / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual Securities Report (158th term) / 事業等のリスク

FY ending Mar 2025 → FY ending Mar 2026

For every ¥100 Kawasaki Kisen Kaisha sells, how much goes where, and how much is kept.

FY ending Mar 2026

Gross margin16.6%

Operating margin8.3%

Net margin13.1%

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Revenue by business segment, and the profit each one keeps.

FY ending Mar 2026

Product logistics¥616.5B
61%
Op. margin 14.7%Industry: Warehouses & Logistics Facilities
Dry bulk¥292.8B
29%
Op. margin 3.7%Industry: Shipping
Energy resource transport¥100.7B
10%
Op. margin 9.6%Industry: Shipping
Other¥8.41B
1%
Op. margin 26.8%Industry: Shipping

※ Segment figures include inter-segment sales and do not sum to the company total

Show source documents (6)

EDINET (FSA Japan)
有価証券報告書－第158期(2025/04/01－2026/03/31)
ID S100YC6B2026-06-18Open
EDINET (FSA Japan)
有価証券報告書－第157期(2024/04/01－2025/03/31)
ID S100VYMJ2025-06-19Open
EDINET (FSA Japan)
有価証券報告書－第156期(2023/04/01－2024/03/31)
ID S100TMYK2024-06-21Open
EDINET (FSA Japan)
有価証券報告書－第155期(2022/04/01－2023/03/31)
ID S100QZPH2023-06-23Open
EDINET (FSA Japan)
有価証券報告書－第154期(令和3年4月1日－令和4年3月31日)
ID S100O8Q82022-06-23Open
EDINET (FSA Japan)
有価証券報告書－第153期(令和2年4月1日－令和3年3月31日)
ID S100LLMF2021-06-23Open

Extracted from XBRL: 52 / Derived from other figures: 3

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