NEWSLETTER

June 22, 2021
Notice on Differences between Consolidated Financial Forecasts
for the Fiscal Year ending March 2022
Kawasaki Kisen Kaisha, Ltd. (hereinafter, “the Company”) announces that differences arose
between the consolidated financial forecasts for the fiscal year ending March 2022 from thepreviously announced forecasts on May 10, 2021.
1. Differences from Financial Forecasts
1) Differences from Consolidated Financial Forecasts for the cumulative 2nd quarter offiscal year ending March 31, 2022 (April 1, 2021 - September 30, 2021)
FY2021 2nd quarter （April 1, 2021 - September 30, 2021）
Profitattributable toowners of theparent pershare(yen)Operatingrevenue(million yen)

Operatingincome(million yen)

Ordinaryincome(million yen)

Profitattributable toowners of theparent(million yen)on May 10, 2021 (A)297,500

7,000

44,00055,000589.66

Latest Forecast (B)

297,500

7,000

159,000

170,000

1,822.5900

115,000

115,000

261.4%

209.1%

9,978

9,629

Previous forecast
announced

Change (B - A)
Change (%)
Reference: Consolidated
cumulative results for 2ndquarter
prior fiscal year ended
March 31st, 2021-300,101△ 10,202103.242) Differences from Consolidated Financial Forecasts for the fiscal year ending March 31,2022 (April 1, 2021 - March 31, 2022)
FY2021(April 1, 2021 – March 31, 2022)
Profitattributable toowners of theparent pershare(yen)Operatingrevenue(million yen)

Operatingincome(million yen)

Ordinaryincome(million yen)

Profitattributable toowners of theparent(million yen)on May 10, 2021 (A)570,000

045,000

35,000375.24

Latest Forecast (B)

570,000

0200,000

190,000

2,037.0100

155,000

155,000

344.4%

442.9%

89,498

108,695

Previous forecast
announced

Change (B - A)
Change (%)
Reference: Consolidated
results forprior fiscal year ended
March 31st, 2021

-625,486△ 21,286

1,165.34

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

Corporate Sustainability, IR and Communication GroupNEWSLETTER2) Reason for Differences
Our equity method affiliate company OCEAN NETWORK EXPRESS PTE. LTD.,(Hereinafter referred to as ONE) that operates containership business, is expected toimprove business forecast from the previously announced forecasts on May 10, 2021 due
to robust cargo movement and spot freight rates. The Company revised our consolidated
financial forecast for cumulative 2nd quarter of the fiscal year ending March 31, 2022
(April 1,2021 to September 30, 2021) as well as full fiscal year ending March 31, 2022
(April 1, 2021 to March 31, 2022) consolidated financial forecasts with above reason. At
the same time the Company reviewed business forecast other than ONE as well, andrevised estimation of Ordinary income and Profit attributable to owners of the parent
accordingly.
For further information, please contact:
Kentaro Tsuji
General Manager, Corporate Planning Group
Tel: +81-3-3595-5594
Kawasaki Kisen Kaisha, Ltd. (“K” LINE)“K” LINEʼs website URL: https://www.kline.co.jp/en/index.html
Note: The forecasts of financial results 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.

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

Corporate Sustainability, IR and Communication Group