Announcement • 4h
Azuma Shipping Co., Ltd. to Report Q1, 2027 Results on Aug 12, 2026 Azuma Shipping Co., Ltd. announced that they will report Q1, 2027 results on Aug 12, 2026 Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥25.73 (vs JP¥20.62 in FY 2025) Full year 2026 results: EPS: JP¥25.73 (up from JP¥20.62 in FY 2025). Revenue: JP¥40.1b (up 1.9% from FY 2025). Net income: JP¥722.0m (up 25% from FY 2025). Profit margin: 1.8% (up from 1.5% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • May 15
Azuma Shipping Co., Ltd., Annual General Meeting, Jun 26, 2026 Azuma Shipping Co., Ltd., Annual General Meeting, Jun 26, 2026. Announcement • May 10
Azuma Shipping Co., Ltd. to Report Fiscal Year 2026 Results on May 15, 2026 Azuma Shipping Co., Ltd. announced that they will report fiscal year 2026 results on May 15, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥4.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.3%). Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: JP¥8.64 (vs JP¥8.66 in 3Q 2025) Third quarter 2026 results: EPS: JP¥8.64 (down from JP¥8.66 in 3Q 2025). Revenue: JP¥10.2b (flat on 3Q 2025). Net income: JP¥243.0m (flat on 3Q 2025). Profit margin: 2.4% (in line with 3Q 2025). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Feb 10
Azuma Shipping Co., Ltd. (TSE:9380) announces an Equity Buyback for 330,000 shares, representing 1.16% for ¥137.94 million. Azuma Shipping Co., Ltd. (TSE:9380) announces a share repurchase program. Under the program, the company will repurchase up to 330,000 shares, representing 1.16% of its issued share capital for ¥137.94 million. The shares will be repurchased at ¥418 per share. The purpose of the program is to implement a flexible capital policy that responds to changes in the business environment. As of January 30 , 2026, the company had 28,490,317 shares in issue and 432,683 shares in treasury. Announcement • Dec 03
Azuma Shipping Co., Ltd. to Report Q3, 2026 Results on Feb 10, 2026 Azuma Shipping Co., Ltd. announced that they will report Q3, 2026 results on Feb 10, 2026 Reported Earnings • Nov 15
Second quarter 2026 earnings released: EPS: JP¥4.98 (vs JP¥6.59 in 2Q 2025) Second quarter 2026 results: EPS: JP¥4.98 (down from JP¥6.59 in 2Q 2025). Revenue: JP¥9.93b (flat on 2Q 2025). Net income: JP¥140.0m (down 24% from 2Q 2025). Profit margin: 1.4% (down from 1.9% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥3.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (4.3%). Announcement • Sep 10
Azuma Shipping Co., Ltd. to Report Q2, 2026 Results on Nov 12, 2025 Azuma Shipping Co., Ltd. announced that they will report Q2, 2026 results on Nov 12, 2025 Reported Earnings • Aug 10
First quarter 2026 earnings released: EPS: JP¥0.93 (vs JP¥2.26 in 1Q 2025) First quarter 2026 results: EPS: JP¥0.93 (down from JP¥2.26 in 1Q 2025). Revenue: JP¥9.74b (down 1.0% from 1Q 2025). Net income: JP¥26.0m (down 59% from 1Q 2025). Profit margin: 0.3% (down from 0.6% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year. Announcement • May 31
Azuma Shipping Co., Ltd. to Report Q1, 2026 Results on Jul 29, 2025 Azuma Shipping Co., Ltd. announced that they will report Q1, 2026 results on Jul 29, 2025 Reported Earnings • May 21
Full year 2025 earnings released: EPS: JP¥20.62 (vs JP¥11.36 in FY 2024) Full year 2025 results: EPS: JP¥20.62 (up from JP¥11.36 in FY 2024). Revenue: JP¥39.4b (flat on FY 2024). Net income: JP¥578.0m (up 82% from FY 2024). Profit margin: 1.5% (up from 0.8% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • May 15
Azuma Shipping Co., Ltd., Annual General Meeting, Jun 27, 2025 Azuma Shipping Co., Ltd., Annual General Meeting, Jun 27, 2025. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥310, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 6x in the Shipping industry in Japan. Total returns to shareholders of 14% over the past three years. Announcement • Mar 27
Azuma Shipping Co., Ltd. to Report Fiscal Year 2025 Results on May 15, 2025 Azuma Shipping Co., Ltd. announced that they will report fiscal year 2025 results on May 15, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥4.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (5.9%). Reported Earnings • Feb 16
Third quarter 2025 earnings released: EPS: JP¥8.66 (vs JP¥3.04 in 3Q 2024) Third quarter 2025 results: EPS: JP¥8.66 (up from JP¥3.04 in 3Q 2024). Revenue: JP¥10.1b (down 2.3% from 3Q 2024). Net income: JP¥243.0m (up 186% from 3Q 2024). Profit margin: 2.4% (up from 0.8% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Dec 05
Azuma Shipping Co., Ltd. to Report Q3, 2025 Results on Feb 14, 2025 Azuma Shipping Co., Ltd. announced that they will report Q3, 2025 results on Feb 14, 2025 Reported Earnings • Nov 01
Second quarter 2025 earnings released: EPS: JP¥6.59 (vs JP¥1.25 in 2Q 2024) Second quarter 2025 results: EPS: JP¥6.59 (up from JP¥1.25 in 2Q 2024). Revenue: JP¥9.86b (flat on 2Q 2024). Net income: JP¥185.0m (up 429% from 2Q 2024). Profit margin: 1.9% (up from 0.4% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥3.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (4.9%). Announcement • Aug 27
Azuma Shipping Co., Ltd. to Report Q2, 2025 Results on Oct 30, 2024 Azuma Shipping Co., Ltd. announced that they will report Q2, 2025 results on Oct 30, 2024 Reported Earnings • Aug 15
First quarter 2025 earnings released: EPS: JP¥2.26 (vs JP¥3.12 in 1Q 2024) First quarter 2025 results: EPS: JP¥2.26 (down from JP¥3.12 in 1Q 2024). Revenue: JP¥9.83b (down 1.5% from 1Q 2024). Net income: JP¥63.0m (down 28% from 1Q 2024). Profit margin: 0.6% (down from 0.9% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Reported Earnings • May 21
Full year 2024 earnings released: EPS: JP¥11.36 (vs JP¥7.07 in FY 2023) Full year 2024 results: EPS: JP¥11.36 (up from JP¥7.07 in FY 2023). Revenue: JP¥39.7b (down 4.2% from FY 2023). Net income: JP¥317.0m (up 61% from FY 2023). Profit margin: 0.8% (up from 0.5% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • May 17
Azuma Shipping Co., Ltd., Annual General Meeting, Jun 27, 2024 Azuma Shipping Co., Ltd., Annual General Meeting, Jun 27, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥3.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (3.3%). Announcement • Mar 02
Azuma Shipping Co., Ltd. to Report Fiscal Year 2024 Results on May 15, 2024 Azuma Shipping Co., Ltd. announced that they will report fiscal year 2024 results on May 15, 2024 Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥3.04 (vs JP¥6.49 in 3Q 2023) Third quarter 2024 results: EPS: JP¥3.04 (down from JP¥6.49 in 3Q 2023). Revenue: JP¥10.4b (down 1.0% from 3Q 2023). Net income: JP¥85.0m (down 53% from 3Q 2023). Profit margin: 0.8% (down from 1.7% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 44% 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. Announcement • Nov 27
Azuma Shipping Co., Ltd. to Report Q3, 2024 Results on Jan 30, 2024 Azuma Shipping Co., Ltd. announced that they will report Q3, 2024 results on Jan 30, 2024 Reported Earnings • Nov 01
Second quarter 2024 earnings released: EPS: JP¥1.25 (vs JP¥5.96 in 2Q 2023) Second quarter 2024 results: EPS: JP¥1.25 (down from JP¥5.96 in 2Q 2023). Revenue: JP¥9.94b (down 5.5% from 2Q 2023). Net income: JP¥35.0m (down 79% from 2Q 2023). Profit margin: 0.4% (down from 1.6% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥2.00 per share at 1.7% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (3.4%). Announcement • Aug 30
Azuma Shipping Co., Ltd. to Report Q2, 2024 Results on Oct 30, 2023 Azuma Shipping Co., Ltd. announced that they will report Q2, 2024 results on Oct 30, 2023 Reported Earnings • Jul 28
First quarter 2024 earnings released: EPS: JP¥3.12 (vs JP¥7.62 in 1Q 2023) First quarter 2024 results: EPS: JP¥3.12 (down from JP¥7.62 in 1Q 2023). Revenue: JP¥9.98b (down 6.2% from 1Q 2023). Net income: JP¥87.0m (down 59% from 1Q 2023). Profit margin: 0.9% (down from 2.0% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • May 28
Azuma Shipping Co., Ltd. to Report Q1, 2024 Results on Jul 27, 2023 Azuma Shipping Co., Ltd. announced that they will report Q1, 2024 results on Jul 27, 2023 Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥7.07 (vs JP¥22.82 in FY 2022) Full year 2023 results: EPS: JP¥7.07 (down from JP¥22.82 in FY 2022). Revenue: JP¥41.5b (up 4.7% from FY 2022). Net income: JP¥197.0m (down 69% from FY 2022). Profit margin: 0.5% (down from 1.6% in FY 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Apr 17
Now 25% undervalued Over the last 90 days, the stock is up 19%. The fair value is estimated to be JP¥440, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 31%. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to JP¥369, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 4x in the Shipping industry in Japan. Total returns to shareholders of 59% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥3.00 per share at 1.7% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (13%). Reported Earnings • Jan 31
Third quarter 2023 earnings released: EPS: JP¥6.49 (vs JP¥5.43 in 3Q 2022) Third quarter 2023 results: EPS: JP¥6.49 (up from JP¥5.43 in 3Q 2022). Revenue: JP¥10.5b (up 3.1% from 3Q 2022). Net income: JP¥181.0m (up 20% from 3Q 2022). Profit margin: 1.7% (up from 1.5% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Dec 01
Azuma Shipping Co., Ltd. to Report Q3, 2023 Results on Jan 30, 2023 Azuma Shipping Co., Ltd. announced that they will report Q3, 2023 results on Jan 30, 2023 Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Managing Executive Officer & Director Noriaki Nakayama was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 02
Second quarter 2023 earnings released: EPS: JP¥5.96 (vs JP¥10.53 in 2Q 2022) Second quarter 2023 results: EPS: JP¥5.96 (down from JP¥10.53 in 2Q 2022). Revenue: JP¥10.5b (up 10% from 2Q 2022). Net income: JP¥166.0m (down 43% from 2Q 2022). Profit margin: 1.6% (down from 3.1% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥2.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (11%). Announcement • Aug 28
Azuma Shipping Co., Ltd. to Report Q2, 2023 Results on Oct 31, 2022 Azuma Shipping Co., Ltd. announced that they will report Q2, 2023 results on Oct 31, 2022 Reported Earnings • Jul 30
First quarter 2023 earnings released: EPS: JP¥7.62 (vs JP¥4.32 in 1Q 2022) First quarter 2023 results: EPS: JP¥7.62 (up from JP¥4.32 in 1Q 2022). Revenue: JP¥10.6b (up 14% from 1Q 2022). Net income: JP¥212.0m (up 77% from 1Q 2022). Profit margin: 2.0% (up from 1.3% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Jun 05
Azuma Shipping Co., Ltd. to Report Q1, 2023 Results on Jul 28, 2022 Azuma Shipping Co., Ltd. announced that they will report Q1, 2023 results on Jul 28, 2022 Reported Earnings • May 18
Full year 2022 earnings released: EPS: JP¥22.82 (vs JP¥14.13 in FY 2021) Full year 2022 results: EPS: JP¥22.82 (up from JP¥14.13 in FY 2021). Revenue: JP¥39.6b (up 1.6% from FY 2021). Net income: JP¥635.0m (up 62% from FY 2021). Profit margin: 1.6% (up from 1.0% in FY 2021). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • May 15
Azuma Shipping Co., Ltd., Annual General Meeting, Jun 29, 2022 Azuma Shipping Co., Ltd., Annual General Meeting, Jun 29, 2022. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 12 non-independent directors. Managing Executive Officer & Director Sakae Okikura was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
Azuma Shipping Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Azuma Shipping Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥3.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (8.0%). Reported Earnings • Feb 02
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥5.43 (down from JP¥8.56 in 3Q 2021). Revenue: JP¥10.2b (flat on 3Q 2021). Net income: JP¥151.0m (down 37% from 3Q 2021). Profit margin: 1.5% (down from 2.4% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 29
Second quarter 2022 earnings released: EPS JP¥10.53 (vs JP¥3.96 in 2Q 2021) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥9.52b (down 1.4% from 2Q 2021). Net income: JP¥293.0m (up 166% from 2Q 2021). Profit margin: 3.1% (up from 1.1% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥2.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 1.5%. 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 • Aug 17
Investor sentiment improved over the past week After last week's 28% share price gain to JP¥401, the stock trades at a trailing P/E ratio of 26.7x. Average trailing P/E is 10x in the Shipping industry in Japan. Total returns to shareholders of 30% over the past three years. Reported Earnings • Jul 30
First quarter 2022 earnings released: EPS JP¥4.32 (vs JP¥3.42 in 1Q 2021) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2022 results: Revenue: JP¥9.36b (down 3.6% from 1Q 2021). Net income: JP¥120.0m (up 26% from 1Q 2021). Profit margin: 1.3% (up from 1.0% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 3% per year. Reported Earnings • May 18
Full year 2021 earnings released: EPS JP¥14.13 (vs JP¥9.78 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥39.0b (down 7.2% from FY 2020). Net income: JP¥393.0m (up 45% from FY 2020). Profit margin: 1.0% (up from 0.6% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 7% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥4.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (2.7%). Lower than 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 19% share price gain to JP¥386, the stock trades at a trailing P/E ratio of 23.6x, up from the previous P/E ratio of 19.9x. Average P/E is 10x in the Shipping industry in Japan. Total returns to shareholders over the past three years were flat. Is New 90 Day High Low • Mar 05
New 90-day high: JP¥323 The company is up 2.0% from its price of JP¥316 on 04 December 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Shipping industry, which is up 17% over the same period. Announcement • Mar 04
Azuma Shipping Co., Ltd. to Report Fiscal Year 2021 Results on May 14, 2021 Azuma Shipping Co., Ltd. announced that they will report fiscal year 2021 results on May 14, 2021 Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS JP¥8.56 (vs JP¥7.16 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥10.1b (down 7.3% from 3Q 2020). Net income: JP¥238.0m (up 20% from 3Q 2020). Profit margin: 2.4% (up from 1.8% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Dec 14
New 90-day high: JP¥321 The company is up 1.0% from its price of JP¥317 on 15 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Shipping industry, which is up 27% over the same period. Announcement • Aug 30
Azuma Shipping Co., Ltd. to Report Q2, 2021 Results on Oct 29, 2020 Azuma Shipping Co., Ltd. announced that they will report Q2, 2021 results on Oct 29, 2020 
