May 10, 2021 / 06:00AM GMT
Presentation
May 10, 2021 / 06:00AM GMT
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Corporate Participants
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* Hitoshi Nagasawa
Nippon Yusen Kabushiki Kaisha - President, CEO & Representative Director
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Hitoshi Nagasawa - Nippon Yusen Kabushiki Kaisha - President, CEO & Representative Director
I would like to start my explanation of the full year financial results for the fiscal year ending March 2021.
Please turn to Page 3. Shown here is an overview of the results for the fiscal year ending March 2021. Revenues were JPY 1,608.4 billion, down about JPY 60 billion from the previous year.
In the first half, the bulk shipping segment, mainly Car Carriers was negatively affected by COVID-19. Conversely, in the second half, revenue greatly increased in the Air Cargo and Logistics segments, resulting in higher revenue year-on-year. Recurring profit was a record high, JPY 215.3 billion. This is an increase of JPY 170.8 billion compared to the previous year.
As I have explained before, during previous
Full Year 2021 Nippon Yusen KK Earnings Presentation Transcript
May 10, 2021
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