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nippon yusen kk (9101) Details

Nippon Yusen Kabushiki Kaisha provides ocean, land, and air transportation services worldwide. The company operates through Global Logistics, Bulk Shipping, and Others segments. It offers various logistics services, including liner trading services, such as container shipping, and terminal and stevedoring services for containerships, car carriers, and cruise ships; and air cargo transportation services. The company also engages in the bulk shipping business comprising cars transportation, car terminals development, and inland transportation networks construction; dry bulk transportation of freight comprising iron ore, coal, and wood chips; tanker transportation services for petroleum, petrochemical, and energy companies; and liquefied natural gas transportation, as well as is involved in the upstream areas of the supply chain for oil and natural gas. In addition, it operates Asuka II, a luxury cruise ship; and manages commercial and residential buildings, as well as researches and develops transport systems. Nippon Yusen Kabushiki Kaisha was founded in 1885 and is headquartered in Tokyo, Japan.

35,935 Employees
Last Reported Date: 06/21/17
Founded in 1885

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nippon yusen kk
European Commission Fines Nippon Yusen Kabushiki Kaish in Connection with Ocean Shipping Services for Cars and Trucks

Nippon Yusen Kabushiki Kaisha has been investigated by the European Commission since September 2012 for a suspicion of violating the EU competition law in connection with ocean shipping services for cars and trucks. In this connection, on February 21, 2018 (Belgium time), the Commission has decided to impose a fine of EUR 141.82 million on NYK. NYK has been fully cooperating with the investigation conducted by the Commission. Having comprehensively taken into consideration factors such as the applicable laws and the facts found through the investigation, NYK has continued a series of discussions with the Commission for reaching a settlement, and as a result, the above fine has been imposed on NYK. NYK has already recognized JPY 19.6 billion as provision for the fines on the Consolidated Financial Results for the Nine Months Ended December 31, 2017. There is not expected to be any material impact on the Consolidated Financial Results Forecast for the fiscal year ending March 2018. NYK has been committed to complying with the spirit of laws and regulations of Japan and all other jurisdictions. NYK will continue to make a best effort to prevent recurrence and to recover trust as a company.

Nippon Yusen Kabushiki Kaisha, Q3 2018 Earnings Call, Jan 31, 2018

Nippon Yusen Kabushiki Kaisha, Q3 2018 Earnings Call, Jan 31, 2018

Nippon Yusen Kabushiki Kaisha Appoints Naoya Tazawa as Director, Effective March 31, 2018

Nippon Yusen Kabushiki Kaisha announced that at its Board of Directors' meeting, the company appointed Naoya Tazawa as Director, effective as of March 31, 2018. He is currently, Representative Director and Executive Vice-President Corporate Officer of the company.


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