Japanese ONE owner expects earnings decline

NYK Line expects to book a lower profit in 2022/2023 than in the preceding fiscal year, when the ownership of container carrier ONE made a significant contribution to the company’s result.
Photo: Stringer Japan/Reuters/Ritzau Scanpix
Photo: Stringer Japan/Reuters/Ritzau Scanpix
by marketwire

Japan’s Nippon Yusen Kabushiki Kaisha (NYK Line) expects a lower profit in 2022/2023 than in the fiscal year that ran until the end of March 2022, and for which the company presented its financial results on Monday.

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