NEWSLETTER

July 25, 2024
Notice on Revision to Consolidated Financial Forecasts
for the Fiscal Year ending March 2025
Kawasaki Kisen Kaisha, Ltd. (hereinafter, “the Company”) announces that differences arose
between the consolidated financial forecasts for the fiscal year ending March 2025 from thepreviously announced forecasts on May 7, 2024.
1. Revision of Financial Forecasts
1) Consolidated Financial Forecasts for the cumulative 2nd quarter of fiscal year ending
March 31, 2025 (April 1, 2024 - September 30, 2024)
FY2024 2nd quarter （April 1, 2024 - September 30, 2024）
Profitattributable toowners of theparent pershare(yen)Operatingrevenue(million yen)

Operatingincome(million yen)

Ordinaryincome(million yen)

Profitattributable toowners of theparent(million yen)on May 7, 2024 (A)494,000

51,00081,50077,000108.92

Latest Forecast (B)

533,000

60,000166,500

162,000

236.36

Change (B - A)

39,0009,000

85,00085,000Change (%)
Reference:
Consolidated cumulative
results for 2nd quarter
prior fiscal year ended
March 31st, 2024*

7.9%

17.6%

104.3%

110.4%

458,973

44,65585,280

63,178Previous forecast
announced

86.092) Consolidated Financial Forecasts for the fiscal year ending March 31, 2025 (April 1,2024 - March 31, 2025)
FY2024 (April 1, 2024 – March 31, 2025)
Profitattributable toowners of theparent pershare(yen)Operatingrevenue(million yen)

Operatingincome(million yen)

Ordinaryincome(million yen)

Profitattributable toowners of theparent(million yen)on May 7, 2024 (A)980,000

93,000135,000

120,000

169.74

Latest Forecast (B)1,020,000

102,000

220,000

210,000

308.53

Change (B - A)

40,0009,000

85,00090,000Change (%)
Reference: Consolidated
results forprior fiscal year ended
March 31st, 2024*

4.1%

9.7%

63.0%

75.0%

962,300

84,763

135,796

104,776

Previous forecast
announced

KAWASAKI KISEN KAISHA, LTD.
ｻｽﾃﾅﾋﾞﾘﾃｨ・環境経営推進・IR・広報ｸﾞﾙｰﾌﾟ

Corporate Sustainability, Environment Management,
IR and Communication Group145.24

NEWSLETTER（Notes*）The Company implemented a 3-for-1 stock split of common shares on April 1, 2024. We
have calculated “Profit attributable to owners of the parent per share” assuming that thesaid stock split took place at the beginning of the previous fiscal year.
2. Reason for the Revision
Mainly due to stable Product Logistics demand and market trend, the Company
improved business forecast from the previously announced forecasts on May 7 , 2024.
Further to above, our equity method affiliate company OCEAN NETWORK EXPRESS PTE.
LTD., that operates containership business, has seen market conditions exceed our previousexpectations due to robust cargo demand and the utilization of the Cape of Good Hope routecaused by Red Sea situation. The Company revised its consolidated financial forecast forcumulative 2nd quarter of the fiscal year ending March 31, 2025 (April 1, 2024 toSeptember 30, 2024) as well as full fiscal year ending March 31, 2025 (April 1, 2024 toMarch 31, 2025) with above reasons and revised estimation of Operating revenue,
Operating income, Ordinary income and Profit attributable to owners of the parent
accordingly.
For further information, please contact:

Atsushi Takenoshita
General Manager, Corporate Planning Group
Tel: +81-3-3595-5594
Kawasaki Kisen Kaisha, Ltd. (“K” LINE)“K” LINE’s website URL:

https://www.kline.co.jp/en/index.html

Note: The dividend forecast set forth in this document were calculated based on available
information at the time of announcement. Actual results may differ from the forecast depending on
various factors such as future developments in the business environment.

[Reference purpose only]This document has been translated from the Japanese original for reference purposes only.
In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

KAWASAKI KISEN KAISHA, LTD.
ｻｽﾃﾅﾋﾞﾘﾃｨ・環境経営推進・IR・広報ｸﾞﾙｰﾌﾟ

Corporate Sustainability, Environment Management,
IR and Communication Group