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IINO KAIUN shares fall sharply on lower operating profit forecast and dividend cut for fiscal year ending March 2027

Fri May 8, 2026 3:08 pm JST Catalyst

IINO KAIUN KAISHA, LTD. <9119> shares fell sharply. During afternoon trade, the company released its consolidated financial results for the fiscal year ended March 2026. Sales fell 10.3% year-on-year to 127.295 billion yen, while operating profit dropped 21.4% to 13.439 billion yen. The results were weighed down by global economic headwinds, including China's sluggish economy.

For the fiscal year ending March 2027, IINO KAIUN projects sales of 129 billion yen (up 1.3% year-on-year) and an operating profit of 9.1 billion yen (down 32.3%). The planned annual dividend was slashed to 46 yen, down from 59 yen the previous year. The guidance assumes that navigation through the Strait of Hormuz will resume in June, with Middle East maritime transport recovering to near-normal levels within two months thereafter. The stock was hit by selling pressure on the prospect of a fourth straight year of operating profit declines coupled with a dividend cut.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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