What do we do?

We have three main business sectors.

Liner & Logistics *
  • Liner trade(Container shipping / Terminal)
  • Air cargo transportation
  • Logistics
Bulk shipping
  • Dry bulk transportation
  • Energy transportation
  • Car transportation
Other businesses
  • Real estate
  • Others
  • *"Global logistics" has been changed to "Liner & Logistics" from April 1st, 2021.

We operate various kinds of ships, e.g., containership, oil tankers, and car carriers.

Read More.

What we will be doing in the future?

We aim to realize sustainable growth in line with the medium-term management plan.

Medium-term management plan basic strategy

Create new values through
"staying half a step ahead" sprit

Strategy for sustainable growth
  • Reduce market volatility
  • Secure stable-freight-rate business
  • Increase efficiency and create new values

Positioning governance as the foundation of all corporate activities, we will further strengthen our governance by integrating ESG principles into our management strategies.

What are our financial targets?

We aim to achieve our financial targets and capital policy through cash flow management and by improving ROE.

Earnings and financial targets

FY2017
Results
Medium-Term Target(by FY2022)
Recurring Profit ¥28 billion ¥70~100 billion
ROE 3.8% min 8.0%
Equity Ratio 26.6% min 30%
DER 1.78 1.5 or lower
Exchange rate (1US$) ¥111.19 ¥105
Bunker oil prices (1MT) $341.41 HSFO $320
LSGO $620*

*HSFO = High Sulphur Fuel Oil / LSGO = Low Sulphur Gas Oil

To achieve ROE target

Cash Flow Management

We will distribute increased profits to all shareholders.

NYK Line has designated the stable return of profits to shareholders as one of the most important management priorities, and generally targeting a consolidated payout ratio of 25%, the profit distribution is decided after comprehensively taking into account the business forecast and other factors. At the same time, based on an ongoing minimum dividend that is not affected by the business results, an annual dividend of ¥20 per share has been set as the minimum dividend for the time being.