Nippon Yusen Kabushiki Kaisha Past Earnings Performance
Past criteria checks 0/6
Nippon Yusen Kabushiki Kaisha's earnings have been declining at an average annual rate of -17.9%, while the Shipping industry saw earnings growing at 6.6% annually. Revenues have been growing at an average rate of 4.9% per year. Nippon Yusen Kabushiki Kaisha's return on equity is 6.9%, and it has net margins of 8.7%.
Key information
-17.85%
Earnings growth rate
-14.98%
EPS growth rate
| Shipping Industry Growth | 28.44% |
| Revenue growth rate | 4.87% |
| Return on equity | 6.86% |
| Net Margin | 8.74% |
| Next Earnings Update | 05 Aug 2026 |
Recent past performance updates
Analysis Article • May 22
Nippon Yusen Kabushiki Kaisha's (TSE:9101) Anemic Earnings Might Be Worse Than You Think
A lackluster earnings announcement from Nippon Yusen Kabushiki Kaisha ( TSE:9101 ) last week didn't sink the stock...Analysis Article • Nov 20
We Think That There Are More Issues For Nippon Yusen Kabushiki Kaisha (TSE:9101) Than Just Sluggish Earnings
Nippon Yusen Kabushiki Kaisha's ( TSE:9101 ) recent weak earnings report didn't cause a big stock movement. We think...Recent updates
Narrative Update • Jul 06
9101: Share Buybacks And Energy Transition Projects Will Support A Balanced Outlook
Analysts have raised their price target for Nippon Yusen Kabushiki Kaisha to approximately ¥5,870 from about ¥5,230, based on updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E. What's in the News Nippon Yusen Kabushiki Kaisha has scheduled a board meeting on May 11, 2026 to consider the payment of dividends from retained earnings based on the March 31, 2026 results.
Narrative Update • Jun 22
9101: Dividend Reset And Share Buybacks Will Support Future Shareholder Returns
Analysts have kept their ¥7,400 price target for Nippon Yusen Kabushiki Kaisha unchanged, citing updated assumptions that reflect a slightly higher discount rate, lower revenue growth expectations, a higher projected profit margin, and a revised future P/E estimate. What's in the News for Nippon Yusen Kabushiki Kaisha Shipowners and traders, including Nippon Yusen Kabushiki Kaisha, are assessing a proposed US Iran deal to reopen the Strait of Hormuz.
Narrative Update • Jun 07
9101: Rising Payout Commitments And Richer Earnings Multiple Will Pressure Future Returns
Analysts have nudged their price target for Nippon Yusen Kabushiki Kaisha higher from about ¥3,675.87 to roughly ¥3,724.01. This reflects updated assumptions that pair a slightly lower discount rate and higher revenue growth outlook with a more moderate profit margin profile and a somewhat richer future P/E.Analysis Article • May 22
Nippon Yusen Kabushiki Kaisha's (TSE:9101) Anemic Earnings Might Be Worse Than You Think
A lackluster earnings announcement from Nippon Yusen Kabushiki Kaisha ( TSE:9101 ) last week didn't sink the stock...Narrative Update • May 22
9101: Buybacks And Lower Dividends Will Limit Future Shareholder Returns
Analysts have maintained their fair value estimate for Nippon Yusen Kabushiki Kaisha at ¥3,675.87 per share, while making modest adjustments to assumptions around the discount rate, revenue growth, profit margin and future P/E to reflect a more measured view of the company’s earnings power. What's in the News Board meeting scheduled for May 11, 2026 to consider a dividend from retained earnings based on the year ended March 31, 2026 (Board Meeting).Analysis Article • May 13
The Nippon Yusen Kabushiki Kaisha (TSE:9101) Annual Results Are Out And Analysts Have Published New Forecasts
Shareholders might have noticed that Nippon Yusen Kabushiki Kaisha ( TSE:9101 ) filed its full-year result this time...Narrative Update • Apr 29
9101: Higher Discount Rate And Lower Future P/E Will Restrain Returns
Analysts have trimmed their price target for Nippon Yusen Kabushiki Kaisha to reflect a slightly lower fair value estimate of ¥3,675.87. Updated assumptions around the discount rate, revenue growth, profit margin, and future P/E now point to a more measured outlook on the shares.Narrative Update • Apr 15
9101: Share Repurchases And LNG Expansion Will Support Future Shareholder Returns
Analysts have lifted their price target for Nippon Yusen Kabushiki Kaisha from ¥6,800 to ¥7,400, reflecting updated assumptions on fair value, discount rate, revenue growth, profit margins, and future P/E expectations. What's in the News The share repurchase program under the May 8, 2025 authorization is now complete, with a total of 26,845,100 shares bought back.Narrative Update • Apr 01
9101: Lower Future P/E Assumptions Will Limit Returns Despite LNG Expansion
Analysts have lifted their fair value estimate for Nippon Yusen Kabushiki Kaisha from about ¥3,663 to roughly ¥3,792, reflecting updated assumptions around revenue growth, profit margins, the discount rate, and a lower future P/E multiple. What's in the News Nippon Yusen Kabushiki Kaisha agreed to acquire 50% of Avenir LNG Limited from Stolt-Nielsen Limited, forming a joint venture focused on small scale LNG and LNG bunkering for marine and industrial customers (Key Developments).Narrative Update • Mar 17
9101: Future Share Repurchases Will Support Returns Despite Slightly Lower Profit Outlook
Analysts have trimmed their price target for Nippon Yusen Kabushiki Kaisha to about ¥6,800, a slight pullback from roughly ¥6,863, reflecting updated views on revenue, margins and a modestly lower forward P/E assumption. What's in the News Nippon Yusen Kabushiki Kaisha issued consolidated earnings guidance for the year ending March 31, 2026, with expected revenues of ¥2,390,000 million, operating profit of ¥120,000 million, profit attributable to owners of parent of ¥210,000 million, and profit per share of ¥499.64 (Corporate Guidance).Narrative Update • Mar 05
9101: Higher Discount Rate And Lower P/E Assumptions Will Pressure Future Returns
Analysts have trimmed their price target on Nippon Yusen Kabushiki Kaisha from about ¥3,826 to roughly ¥3,664, citing updated assumptions that include a slightly higher discount rate, a smaller projected revenue decline, improved profit margins, and a lower assumed future P/E multiple. What's in the News Nippon Yusen Kabushiki Kaisha issued new consolidated earnings guidance for the year ending March 31, 2026, with expected revenues of ¥2,390,000 million, operating profit of ¥120,000 million, profit attributable to owners of parent of ¥210,000 million, and profit per share of ¥499.64 (company guidance).Narrative Update • Mar 03
9101: Share Buybacks And Decarbonization Efforts Will Support A Balanced Fiscal 2026 Outlook
Analysts have nudged their price target on Nippon Yusen Kabushiki Kaisha slightly higher to around ¥5,200, reflecting updated assumptions for revenue growth, profit margins, a modestly lower discount rate, and a slightly reduced future P/E estimate. What's in the News Nippon Yusen Kabushiki Kaisha issued consolidated earnings guidance for the year ending March 31, 2026, with expected revenues of ¥2,390,000 million, operating profit of ¥120,000 million, profit attributable to owners of parent of ¥210,000 million, and profit per share of ¥499.64 (company guidance).Narrative Update • Feb 16
9101: Buybacks And Decarbonization Initiatives Will Shape A Balanced Fiscal 2026 Outlook
Analysts have inched up their price target for Nippon Yusen Kabushiki Kaisha from about ¥5,165 to roughly ¥5,184, citing updated assumptions around revenue growth, margins, discount rate, and future P/E levels. What's in the News Nippon Yusen Kabushiki Kaisha issued revised consolidated earnings guidance for the year ending March 31, 2026, with expected revenues of ¥2,390,000 million, operating profit of ¥120,000 million, profit attributable to owners of parent of ¥210,000 million, and profit per share of ¥499.64 (company guidance).Analysis Article • Feb 08
Earnings Miss: Nippon Yusen Kabushiki Kaisha Missed EPS By 29% And Analysts Are Revising Their Forecasts
As you might know, Nippon Yusen Kabushiki Kaisha ( TSE:9101 ) recently reported its third-quarter numbers. Results...Analysis Article • Feb 05
Nippon Yusen Kabushiki Kaisha (TSE:9101) Is Reducing Its Dividend To ¥110.00
Nippon Yusen Kabushiki Kaisha's ( TSE:9101 ) dividend is being reduced from last year's payment covering the same...Narrative Update • Feb 02
9101: Lower Earnings Guidance And Dividend Cuts Will Pressure Future Returns
Analysts have nudged their price target for Nippon Yusen Kabushiki Kaisha higher, reflecting a revised fair value estimate of ¥3,826 per share, compared with the prior ¥3,753, supported by slightly adjusted assumptions for discount rate, revenue trends, profit margins, and future P/E expectations. What's in the News The company completed its share repurchase program announced on May 8, 2025, buying a total of 21,465,200 shares, or 5.04% of shares, for ¥109,902.64 million, including 9,753,200 shares repurchased between October 1 and December 31, 2025 for ¥48,801.46 million (Key Developments).Narrative Update • Jan 19
9101: Buybacks And Dividend Reset Will Shape A Cautious Fiscal 2026 Outlook
Analysts have trimmed their fair value estimate for Nippon Yusen Kabushiki Kaisha from ¥5,270.91 to ¥5,165.45, reflecting slightly softer assumptions on profit margin and a higher future P/E, partly offset by less severe expected revenue contraction. What's in the News Completed a share repurchase of 21,465,200 shares, representing 5.04% of shares, for a total of ¥109,902.64 million under the buyback announced on May 8, 2025.Analysis Article • Jan 10
Here's Why Nippon Yusen Kabushiki Kaisha (TSE:9101) Can Manage Its Debt Responsibly
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Narrative Update • Jan 05
9101: Lower Margins And Reduced Dividends Will Challenge Future Share Performance
Analysts have adjusted their price target for Nippon Yusen Kabushiki Kaisha to ¥3,753 from ¥3,833, reflecting updated assumptions for revenue contraction, profit margins, and a higher future P/E multiple. What's in the News ABS, ENEOS, Nippon Yusen Kabushiki Kaisha and SEACOR started a joint study to build a methanol bunkering and supply chain network along the U.S. Gulf Coast, targeting the first commercial-scale ship-to-ship methanol bunkering operations in the U.S. (Key Developments) ENEOS plans to explore procurement and supply of low-carbon methanol, including green methanol from the Beaver Lake Renewable Energy project in Louisiana, while NYK Line contributes experience in LNG bunkering infrastructure and methanol bunkering vessel preparation.Analysis Article • Dec 19
Nippon Yusen Kabushiki Kaisha (TSE:9101) Is Paying Out Less In Dividends Than Last Year
Nippon Yusen Kabushiki Kaisha ( TSE:9101 ) has announced that on 19th of June, it will be paying a dividend of¥110.00...Narrative Update • Dec 17
9101: Dividend Reductions And Buybacks Will Define A Measured Fiscal 2026 Outlook
Analysts have nudged their price target for Nippon Yusen Kabushiki Kaisha slightly higher, from ¥5,248.18 to ¥5,270.91. They cite a modestly improved profit margin outlook that more than offsets a marginally weaker revenue growth trajectory and a slightly higher discount rate.Analysis Article • Dec 04
Nippon Yusen Kabushiki Kaisha (TSE:9101) Has Announced That Its Dividend Will Be Reduced To ¥110.00
Nippon Yusen Kabushiki Kaisha ( TSE:9101 ) is reducing its dividend from last year's comparable payment to ¥110.00 on...Narrative Update • Dec 03
9101: Dividend Cuts And Buybacks Will Shape A Balanced Fiscal 2026 Outlook
Narrative Update on Nippon Yusen Kabushiki Kaisha Analysts have modestly trimmed their price target for Nippon Yusen Kabushiki Kaisha by approximately ¥90 per share, reflecting slightly higher perceived risk, weaker revenue growth expectations, and a small downgrade to projected profitability despite a marginally higher assumed future valuation multiple. What's in the News Second quarter dividend for the period ended September 30, 2025 set at JPY 115.00 per share, down from JPY 130.00 a year earlier, with payment scheduled to start on December 3, 2025 (company announcement).Analysis Article • Nov 20
We Think That There Are More Issues For Nippon Yusen Kabushiki Kaisha (TSE:9101) Than Just Sluggish Earnings
Nippon Yusen Kabushiki Kaisha's ( TSE:9101 ) recent weak earnings report didn't cause a big stock movement. We think...Narrative Update • Nov 19
9101: Dividend Reductions And Buyback Completion Will Shape Fiscal 2026 Outlook
Narrative Update on Nippon Yusen Kabushiki Kaisha Analysts have modestly lowered their price target for Nippon Yusen Kabushiki Kaisha from ¥5,380 to ¥5,334.55. This adjustment reflects updated expectations for growth, margins, and risk factors.Analysis Article • Nov 10
Nippon Yusen Kabushiki Kaisha Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Nippon Yusen Kabushiki Kaisha ( TSE:9101 ) shareholders are probably feeling a little disappointed, since its shares...Narrative Update • Nov 04
9101: Share Buybacks And Updated Projections Will Influence Sector Outlook
Analysts have maintained their fair value estimate for Nippon Yusen Kabushiki Kaisha at ¥5,380, noting only slight adjustments to key model inputs such as a marginally lower discount rate and updated profit margin assumptions. These changes reflect ongoing caution in the sector's outlook.Analysis Article • Oct 28
Nippon Yusen Kabushiki Kaisha (TSE:9101) Is Doing The Right Things To Multiply Its Share Price
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Narrative Update • Oct 21
Analysts Lower Price Target for Nippon Yusen Amid Revised Earnings and Share Buyback News
Analysts have lowered their price target for Nippon Yusen Kabushiki Kaisha from ¥5,457 to ¥5,380. This adjustment is attributed to recent revisions to revenue growth and profit margin forecasts.Narrative Update • Sep 20
Profit Margins Will Shrink To 99% Amid Geopolitical Tensions
The slight increase in price target for Nippon Yusen Kabushiki Kaisha reflects marginally improved revenue growth expectations and a modest uptick in future P/E, raising the consensus fair value from ¥5348 to ¥5457. What's in the News Issued consolidated earnings guidance: expects Q2 revenues of JPY 1,190,000 million, operating profit JPY 75,000 million, profit attributable to owners JPY 127,000 million (EPS JPY 295.82); full-year expected revenues JPY 2,350,000 million, operating profit JPY 140,000 million, profit attributable to owners JPY 240,000 million (EPS JPY 560.18).Narrative Update • Sep 05
Profit Margins Will Shrink To 99% Amid Geopolitical Tensions
Despite a notable downgrade in forecast revenue growth and a modest increase in the discount rate, the consensus analyst price target for Nippon Yusen Kabushiki Kaisha remains essentially unchanged, rising marginally from ¥5339 to ¥5348. What's in the News Issued consolidated earnings guidance for FY2026, projecting revenues of JPY 2,350,000 million, operating profit of JPY 140,000 million, profit attributable to owners of parent at JPY 240,000 million, and profit per share of JPY 560.18.Analysis Article • Aug 29
Benign Growth For Nippon Yusen Kabushiki Kaisha (TSE:9101) Underpins Its Share Price
Nippon Yusen Kabushiki Kaisha's ( TSE:9101 ) price-to-earnings (or "P/E") ratio of 5.4x might make it look like a...Analysis Article • Aug 08
Earnings Miss: Nippon Yusen Kabushiki Kaisha Missed EPS By 20% And Analysts Are Revising Their Forecasts
TSE:9101 1 Year Share Price vs Fair Value Explore Nippon Yusen Kabushiki Kaisha's Fair Values from the Community and...
New Narrative • Feb 09
Profit Margins Will Shrink To 99% Amid Geopolitical Tensions
Planned share exchange and declining freight rates could challenge revenue levels as premium pricing and profit contributions fall.Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Nippon Yusen Kabushiki Kaisha makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 2,423,689 | 211,750 | 290,792 | 0 |
| 31 Dec 25 | 2,423,814 | 229,184 | 281,474 | 0 |
| 30 Sep 25 | 2,453,985 | 314,067 | 270,409 | 0 |
| 30 Jun 25 | 2,537,912 | 419,551 | 265,608 | 0 |
| 31 Mar 25 | 2,588,700 | 477,707 | 258,518 | 0 |
| 31 Dec 24 | 2,574,982 | 470,514 | 249,345 | 0 |
| 30 Sep 24 | 2,535,721 | 381,105 | 245,761 | 0 |
| 30 Jun 24 | 2,471,439 | 265,347 | 241,951 | 0 |
| 31 Mar 24 | 2,387,240 | 228,603 | 238,589 | 0 |
| 31 Dec 23 | 2,355,085 | 245,725 | 236,624 | 0 |
| 30 Sep 23 | 2,418,523 | 419,855 | 230,818 | 0 |
| 30 Jun 23 | 2,510,531 | 742,636 | 221,338 | 0 |
| 31 Mar 23 | 2,616,066 | 1,012,523 | 213,799 | 0 |
| 31 Dec 22 | 2,655,015 | 1,237,261 | 208,189 | 0 |
| 30 Sep 22 | 2,595,272 | 1,303,844 | 200,956 | 0 |
| 30 Jun 22 | 2,449,214 | 1,201,389 | 191,903 | 0 |
| 31 Mar 22 | 2,280,775 | 1,009,105 | 184,493 | 0 |
| 31 Dec 21 | 2,138,429 | 779,082 | 177,474 | 0 |
| 30 Sep 21 | 1,937,764 | 528,367 | 170,568 | 0 |
| 30 Jun 21 | 1,751,855 | 278,637 | 165,970 | 0 |
| 31 Mar 21 | 1,608,414 | 139,228 | 161,644 | 0 |
| 31 Dec 20 | 1,561,039 | 64,752 | 159,523 | 0 |
| 30 Sep 20 | 1,565,649 | 42,186 | 160,855 | 0 |
| 30 Jun 20 | 1,623,123 | 33,672 | 164,577 | 0 |
| 31 Mar 20 | 1,668,355 | 31,129 | 168,225 | 0 |
| 31 Dec 19 | 1,697,939 | -17,047 | 169,816 | 0 |
| 30 Sep 19 | 1,738,367 | -23,583 | 173,362 | 0 |
| 30 Jun 19 | 1,770,807 | -30,766 | 179,212 | 0 |
| 31 Mar 19 | 1,829,300 | -44,501 | 184,026 | 0 |
| 31 Dec 18 | 1,937,212 | -5,352 | 191,189 | 0 |
| 30 Sep 18 | 2,034,592 | 4,081 | 196,387 | 0 |
| 30 Jun 18 | 2,126,375 | 10,175 | 199,505 | 0 |
| 31 Mar 18 | 2,183,201 | 20,167 | 202,974 | 0 |
| 31 Dec 17 | 2,139,941 | -22,847 | 204,169 | 0 |
| 30 Sep 17 | 2,059,578 | -27,641 | 203,061 | 0 |
| 30 Jun 17 | 1,974,843 | -247,558 | 203,580 | 0 |
| 31 Mar 17 | 1,923,881 | -265,744 | 205,236 | 0 |
| 31 Dec 16 | 1,920,169 | -230,677 | 205,305 | 0 |
| 30 Sep 16 | 2,002,600 | -268,342 | 210,920 | 0 |
| 30 Jun 16 | 2,154,371 | -37,617 | 212,993 | 0 |
| 31 Mar 16 | 2,272,315 | 18,238 | 213,802 | 0 |
| 31 Dec 15 | 2,385,657 | 41,956 | 215,849 | 0 |
| 30 Sep 15 | 2,421,019 | 82,357 | 213,888 | 0 |
Quality Earnings: 9101 has a large one-off gain of ¥65.6B impacting its last 12 months of financial results to 31st March, 2026.
Growing Profit Margin: 9101's current net profit margins (8.7%) are lower than last year (18.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 9101's earnings have declined by 17.9% per year over the past 5 years.
Accelerating Growth: 9101's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 9101 had negative earnings growth (-55.7%) over the past year, making it difficult to compare to the Shipping industry average (6.6%).
Return on Equity
High ROE: 9101's Return on Equity (6.9%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/15 16:56 |
| End of Day Share Price | 2026/07/15 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Nippon Yusen Kabushiki Kaisha is covered by 24 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ryota Himeno | Barclays |
| Nathan Gee | BofA Global Research |
| Ryota Himeno | Citigroup Inc |