Kawasaki Kisen Kaisha, Ltd.
9107・Prime Market・Marine Transportation
Governance
The company transitioned to a company with a Nomination Committee, etc. at the extraordinary general meeting of shareholders in March 2025, establishing a board structure in which 6 of 10 directors (a majority) are independent outside directors. Independent outside directors chair all three committees—Nomination, Audit, and Compensation—strengthening oversight functions.
Risk Management
With the Crisis Management Committee at the top, the company has established four committees—Safe Operation Promotion, Disaster Countermeasures, Compliance, and Management Risk—and manages risk through four categories. For climate change, the company conducts scenario analysis under three scenarios (2.4°C, 1.7°C, and 1.4°C) and quantitatively assesses the financial impact.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) is ¥120 per share (base dividend of ¥40 plus additional dividend of ¥80), with a payout ratio of 57.0%. The same amount of ¥120 is planned for FY2027 (ending March 2027). The company continues its flexible shareholder return policy, including share buybacks.
Dividend Policy
The basic policy is to pay dividends twice a year: a year-end dividend (record date: March 31 each year) and an interim dividend (record date: September 30 each year). For FY2026 (ending March 2026), an annual dividend of ¥120 per share (interim ¥60, year-end ¥60) was implemented, with total dividends of ¥76,566 million, a payout ratio of 57.0%, and a dividend on equity (DOE) ratio of 4.4%. For FY2027 (ending March 2027), an interim and year-end dividend of ¥60 each, totaling ¥120 per share (base dividend of ¥40 plus additional dividend of ¥80), is planned. The company positions maximization of shareholder value as an important management priority, and, after ensuring an optimal capital structure, capital efficiency, and financial soundness, intends to actively promote shareholder returns, including share buybacks, based on cash flow.
ESG
Targeting net-zero GHG emissions by 2050, the company is promoting the conversion of vessels to alternative-fuel ships (LNG, LPG, ammonia, etc.) and leveraging Seawing (wind propulsion) and K-IMS. FY2025 results showed a CO2 emission efficiency of 4.13g-CO2/ton-mile (a 43% improvement versus 2008) and total CO2 emissions of 6.84 million tons (a 50% reduction versus 2008). On the human capital front, the company has set targets of a 15% ratio of female managers and a male childcare leave uptake rate of 50% or higher, and as of the end of March 2026, the male childcare leave uptake rate had reached 82.2%.
Last updated: June 18, 2026