Full Year 2020 Kawasaki Kisen Kaisha Ltd Earnings Presentation Transcript

May 11, 2020 / NTS GMT

Release Date Price: 円124.56 (+9.58%)

Transcript

Yukikazu Myochin

Kawasaki Kisen Kaisha, Ltd. - CEO, President & Representative Director

We would like to start the briefing on the consolidated financial results for the fiscal year ended March 31, 2020.

A-1, financial results for fiscal year 2019. For the full fiscal year, consolidated operating revenues were JPY 735.3 billion, a year-on-year decline of JPY 101.4 billion. Operating income was JPY 6.8 billion, a year-on-year improvement of JPY 31.6 billion. Ordinary income was JPY 7.4 billion, a year-on-year improvement of JPY 56.3 billion. Net income attributable to owners of parent was JPY 5.3 billion, a year-on-year improvement of JPY 116.5 billion.

Although net income was lower than the previous forecast due to extraordinary losses, including previously disclosed loss from reevaluation of investment securities and

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