Reported Earnings • May 01
Full year 2026 earnings released: EPS: JP¥1,022 (vs JP¥790 in FY 2025) Full year 2026 results: EPS: JP¥1,022 (up from JP¥790 in FY 2025). Revenue: JP¥229.8b (down 7.1% from FY 2025). Net income: JP¥24.1b (up 29% from FY 2025). Profit margin: 11% (up from 7.5% in FY 2025). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Aankondiging • Apr 30
NS United Kaiun Kaisha, Ltd., Annual General Meeting, Jun 25, 2026 NS United Kaiun Kaisha, Ltd., Annual General Meeting, Jun 25, 2026. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥160 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.3%). Reported Earnings • Jan 31
Third quarter 2026 earnings released: EPS: JP¥302 (vs JP¥230 in 3Q 2025) Third quarter 2026 results: EPS: JP¥302 (up from JP¥230 in 3Q 2025). Revenue: JP¥59.7b (down 1.5% from 3Q 2025). Net income: JP¥7.11b (up 31% from 3Q 2025). Profit margin: 12% (up from 8.9% in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Declared Dividend • Dec 02
First half dividend of JP¥140 announced Shareholders will receive a dividend of JP¥140. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 4.1%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 32% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 01
Second quarter 2026 earnings released: EPS: JP¥216 (vs JP¥147 in 2Q 2025) Second quarter 2026 results: EPS: JP¥216 (up from JP¥147 in 2Q 2025). Revenue: JP¥56.7b (down 15% from 2Q 2025). Net income: JP¥5.09b (up 47% from 2Q 2025). Profit margin: 9.0% (up from 5.2% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥105 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (4.3%). Reported Earnings • Aug 02
First quarter 2026 earnings released: EPS: JP¥253 (vs JP¥242 in 1Q 2025) First quarter 2026 results: EPS: JP¥253 (up from JP¥242 in 1Q 2025). Revenue: JP¥54.8b (down 12% from 1Q 2025). Net income: JP¥5.95b (up 4.5% from 1Q 2025). Profit margin: 11% (up from 9.1% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Declared Dividend • Jul 21
Final dividend reduced to JP¥90.00 Dividend of JP¥90.00 is 22% lower than last year. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 5.6%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 26% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 25
Full year 2025 earnings released: EPS: JP¥790 (vs JP¥763 in FY 2024) Full year 2025 results: EPS: JP¥790 (up from JP¥763 in FY 2024). Revenue: JP¥247.4b (up 6.1% from FY 2024). Net income: JP¥18.6b (up 3.5% from FY 2024). Profit margin: 7.5% (down from 7.7% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • May 01
Full year 2025 earnings released: EPS: JP¥790 (vs JP¥763 in FY 2024) Full year 2025 results: EPS: JP¥790 (up from JP¥763 in FY 2024). Revenue: JP¥247.4b (up 6.1% from FY 2024). Net income: JP¥18.6b (up 3.5% from FY 2024). Profit margin: 7.5% (down from 7.7% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Aankondiging • Apr 30
NS United Kaiun Kaisha, Ltd., Annual General Meeting, Jun 25, 2025 NS United Kaiun Kaisha, Ltd., Annual General Meeting, Jun 25, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥3,375, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 6x in the Shipping industry in Japan. Total returns to shareholders of 12% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥115 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 5.6%. Within top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (5.9%). Aankondiging • Mar 07
NS United Kaiun Kaisha, Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2025 NS United Kaiun Kaisha, Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2025 Aankondiging • Dec 03
NS United Kaiun Kaisha, Ltd. to Report Q3, 2025 Results on Jan 31, 2025 NS United Kaiun Kaisha, Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥115 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 5.1%. Within top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (4.9%). Aankondiging • Sep 06
NS United Kaiun Kaisha, Ltd. to Report Q2, 2025 Results on Oct 31, 2024 NS United Kaiun Kaisha, Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024 New Risk • Aug 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.9% average weekly change). Aankondiging • Jun 28
NS United Kaiun Kaisha, Ltd. to Report Q1, 2025 Results on Jul 31, 2024 NS United Kaiun Kaisha, Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥140 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (3.3%). Aankondiging • Mar 02
NS United Kaiun Kaisha, Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2024 NS United Kaiun Kaisha, Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2024 New Risk • Nov 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.5% average weekly change). Profit margins are more than 30% lower than last year (8.2% net profit margin). Aankondiging • Nov 09
NS United Kaiun Kaisha, Ltd. to Report Q3, 2024 Results on Jan 31, 2024 NS United Kaiun Kaisha, Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥80.00 per share at 3.7% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (3.4%). Aankondiging • Aug 27
NS United Kaiun Kaisha, Ltd. to Report Q2, 2024 Results on Oct 31, 2023 NS United Kaiun Kaisha, Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023 New Risk • Aug 02
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.6% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (45% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (9.6% net profit margin). Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. 2 highly experienced directors. Independent Director Isamu Nakamura was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Aankondiging • Jun 07
NS United Kaiun Kaisha, Ltd. to Report Q1, 2023 Results on Jul 31, 2023 NS United Kaiun Kaisha, Ltd. announced that they will report Q1, 2023 results on Jul 31, 2023 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥185 per share at 8.2% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 8.2%. Within top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (13%). Aankondiging • Feb 09
NS United Kaiun Kaisha, Ltd. to Report Fiscal Year 2023 Results on Apr 28, 2023 NS United Kaiun Kaisha, Ltd. announced that they will report fiscal year 2023 results on Apr 28, 2023 Aankondiging • Nov 27
NS United Kaiun Kaisha, Ltd. to Report Q3, 2023 Results on Jan 31, 2023 NS United Kaiun Kaisha, Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥170 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 6.5%. Within top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (11%). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improved over the past week After last week's 32% share price gain to JP¥5,240, the stock trades at a trailing P/E ratio of 4x. Average trailing P/E is 6x in the Shipping industry in Japan. Total returns to shareholders of 201% over the past three years. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment deteriorated over the past week After last week's 15% share price decline to JP¥3,560, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 7x in the Shipping industry in Japan. Total returns to shareholders of 67% over the past three years. Buying Opportunity • Mar 30
Now 20% undervalued Over the last 90 days, the stock is up 15%. The fair value is estimated to be JP¥5,016, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years. Earnings per share has grown by 12%. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥190 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 29 June 2022. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 6.6%. Within top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (8.0%). Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥2,962, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 8x in the Shipping industry in Japan. Total returns to shareholders of 16% over the past three years. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment deteriorated over the past week After last week's 17% share price decline to JP¥4,115, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 15x in the Shipping industry in Japan. Total returns to shareholders of 77% over the past three years. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥95.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 07 December 2021. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (6.1%). Valuation Update With 7 Day Price Move • Sep 15
Investor sentiment improved over the past week After last week's 27% share price gain to JP¥4,765, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 13x in the Shipping industry in Japan. Total returns to shareholders of 120% over the past three years. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment improved over the past week After last week's 22% share price gain to JP¥3,570, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 10x in the Shipping industry in Japan. Total returns to shareholders of 79% over the past three years. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improved over the past week After last week's 21% share price gain to JP¥2,734, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 8x in the Shipping industry in Japan. Total returns to shareholders of 26% over the past three years. Valuation Update With 7 Day Price Move • Apr 27
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥2,241, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 10x in the Shipping industry in Japan. Total returns to shareholders of 19% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (2.7%). In line with average of industry peers (2.7%). Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥1,982, the stock trades at a trailing P/E ratio of 8.2x, up from the previous P/E ratio of 7x. Average P/E is 10x in the Shipping industry in Japan. Total returns to shareholders over the past three years are 7.6%. Aankondiging • Mar 05
NS United Kaiun Kaisha, Ltd. to Report Fiscal Year 2021 Results on Apr 30, 2021 NS United Kaiun Kaisha, Ltd. announced that they will report fiscal year 2021 results on Apr 30, 2021 Is New 90 Day High Low • Mar 03
New 90-day high: JP¥1,630 The company is up 16% from its price of JP¥1,405 on 03 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Shipping industry, which is also up 16% over the same period. Is New 90 Day High Low • Feb 08
New 90-day high: JP¥1,566 The company is up 9.0% from its price of JP¥1,441 on 10 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Shipping industry, which is up 23% over the same period. Is New 90 Day High Low • Jan 14
New 90-day high: JP¥1,534 The company is up 4.0% from its price of JP¥1,469 on 16 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Shipping industry, which is up 39% over the same period. Aankondiging • Dec 25
NS United Kaiun Kaisha, Ltd. to Report Q3, 2021 Results on Jan 29, 2021 NS United Kaiun Kaisha, Ltd. announced that they will report Q3, 2021 results on Jan 29, 2021 Aankondiging • Sep 03
NS United Kaiun Kaisha, Ltd. to Report Q2, 2021 Results on Oct 30, 2020 NS United Kaiun Kaisha, Ltd. announced that they will report Q2, 2021 results on Oct 30, 2020 Aankondiging • Jun 29
NS United Kaiun Kaisha, Ltd. to Report Q1, 2021 Results on Jul 31, 2020 NS United Kaiun Kaisha, Ltd. announced that they will report Q1, 2021 results on Jul 31, 2020