NYK Line reported consolidated net profit of 67.1 billion yen for the first quarter of the fiscal year ending March 2027, up 33.5% year on year, and raised its annual dividend forecast to 240 yen from the previous 200 yen. The overall logistics business saw higher revenue but lower profit, while the bulk shipping and energy businesses posted gains in both revenue and profit. On July 30, the company revised its full-year net profit outlook upward to 240 billion yen from 195 billion yen, with container freight rates exceeding assumptions, firm market conditions in bulk shipping and energy, and a weaker yen expected to boost earnings.
Nippon Yusen Kabushiki KaishaNYK Line posts 33% profit rise and raises annual dividend forecast to 240 yen, with upward revision of full-year net profit outlook.
