Kawasaki Kisen Kaisha (TYO:9107) profit attributable to owners of the parent plunges 59% to 29.9 billion yen for the fiscal first quarter from 72.5 billion yen a year earlier.
The transportation company's basic profit per share dropped to 47.40 yen from 104.67 yen a year ago, according to a Tokyo bourse filing on Monday.
Net sales declined 8.5% to 244.9 billion yen for three months ended June 30, from 267.6 billion yen in the year-ago period.
For the fiscal year ending March 31, 2026, Kawasaki Kisen Kaisha expects Profit attributable to owners of 115.0 billion yen, EPS of 181.96 yen and net sales 968.0 billion yen.
It plans to pay interim and final dividends of 60 yen per share, each, for the year.
