NS UNITED KAIUN KAISHA, LTD. (9110) Stock Price

NS United Shipping operates primarily in the maritime shipping industry and related businesses. The company generates revenue through freight charges, ship leasing fees, and operational management fees, centered on international ocean shipping. This supports global cargo transportation.

The company's subsidiaries and affiliated companies play important roles in international ocean shipping operations. Specifically, there are 47 companies engaged in ocean-going vessel leasing, including NEW HARVEST S.A. and HIGHLAND MARITIME S.A. Additionally, 7 companies operate in ship management and maritime brokerage services.

Domestic coastal shipping is also a key business segment. The company operates 10 domestic cargo transportation companies, including NS United Coastal Shipping and NS United Tanker. These operations enhance the efficiency of domestic logistics.

In other business areas, 2 companies provide information services. NS United Systems and NS United Business fall into this category, offering information technology-based services. These support the efficiency of shipping operations.

Nippon Steel Corporation is an important related company of NS United Shipping, and the ongoing close relationship with this company plays a significant role in business operations. This establishes a stable business foundation.

NS United Kaiun's fundamental philosophy is to contribute to society's development through honest and high-quality maritime transportation services. The company prioritizes trust and credibility, aiming to enhance corporate value by maintaining safe operations and environmental conservation. Additionally, the company pursues continuous progress by responding promptly to customer needs and driving self-transformation.

Under its medium-term management plan "FORWARD 2030 II," the company has established a vision for 2030: to become "an indispensable player in clean and sustainable maritime transportation." Through efforts toward carbon neutrality, the company aims to achieve sustainable growth and maximize corporate value.

As concrete growth strategies, NS United Kaiun is expanding new business domains and deepening existing core business areas. To support this, the company is strengthening human capital strategy and digital transformation strategy while advancing sustainability initiatives.

As part of environmental measures, the company has set GHG reduction targets toward achieving carbon neutrality by 2050. The company is advancing the adoption of methanol dual-fuel vessels, biofuels, and ammonia-fueled vessels, targeting a 25% reduction in annual GHG emissions by 2030 compared to 2019 levels.

As financial targets, the company aims to achieve operating profit of 20 billion yen and ROE of 10% or higher by fiscal year 2027. Through this, the company seeks to maintain a net D/E ratio of 1.0x or below while realizing profit growth that exceeds the cost of equity capital.

Under its investment plan, the company will execute approximately 300 billion yen in investments by 2030, aiming to strengthen revenue stability and achieve mid-to-long-term profit growth. The company particularly prioritizes investment in new fuel vessels such as methanol dual-fuel ships, contributing to customers' environmental initiatives and decarbonization processes.