KAWASAKI Kisen Kaisha, better-known as “K” Line, has reported lower revenues and income for its 2025 full year but the pain has not been shared across all business segments.
The group reported operating revenue of ¥1,018.3 billion for 2025, down 29.5bn from 2024. Operating income was ¥84.1 bn, down from 102.8bn in the prior year, while ordinary income was ¥109.1bn, down sharply from 308.0bn. Net income was ¥32.9bn, due to factors including the sale of owned vessels and subsidiary shares, as well as a revision to the adjustment of income taxes related to deferred tax assets, the company said.
Segment reports
Dry Bulk
Energy Resource Transport
Product Logistics
Looking to fiscal year 2026, “K” Line said amid ongoing geopolitical concerns, including the situation in the Middle East, ordinary income is forecast at ¥100.0bn yen, down 9.1bn yen year on year, reflecting factors such as foreign exchange valuation losses etc.
