Full Year 2022 Kawasaki Kisen Kaisha Ltd Earnings Presentation Transcript

May 09, 2022 / NTS GMT
Presentation
May 09, 2022 / NTS GMT

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Corporate Participants
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* Yukio Toriyama
Kawasaki Kisen Kaisha, Ltd. - Senior Managing Executive Officer, CFO & Representative Director

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Yukio Toriyama - Kawasaki Kisen Kaisha, Ltd. - Senior Managing Executive Officer, CFO & Representative Director

A, financial highlights for fiscal year 2021. A-1, financial results for fiscal year 2021.

Consolidated operating revenues increased by JPY 131.5 billion from the previous fiscal year to JPY 757 billion. Operating income rose by JPY 38.9 billion from a loss to JPY 17.7 billion. Ordinary income was JPY 657.5 billion, representing an improvement of JPY 568 billion. Net income improved by JPY 533.7 billion to JPY 642.4 billion. The average exchange rate for the fiscal year was JPY 112.06 per U.S. dollar, and the average bunker price was USD 551 per metric ton.

Turning to the major financial indicators. Equity capital at the end of the fiscal year was JPY 884.6 billion, while interest-bearing

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