Kawasaki Kisen Kaisha: FY2024 profits soar, predicts lower FY2025

Kawasaki Kisen Kaisha (K-Line) [TSE:9107] announced its financial results for the fiscal year ending March 31, 2025, reporting a surge in profits driven by strong performance in its dry bulk, car carrier, and container shipping segments. Operating revenue increased 9.4% year-over-year to JPY 1,047.9 billion, while profit attributable to owners of the parent nearly doubled, soaring 199.4% to JPY 305.3 billion. The company benefited from equity in earnings of unconsolidated subsidiaries and affiliates, particularly from OCEAN NETWORK EXPRESS (ONE), which contributed JPY 201.2 billion.