Three major Japanese shipping companies have projected net profit falls for fiscal 2026, due to rising fuel prices linked to tensions in the Middle East. https://www.japantimes.co.jp/business/2026/05/11/major-shipping-firm-forecast/?utm_medium=Social&utm_source=mastodon #business #shipping #nipponyusen #mitsuiosklines #kawasakikisenkaisha
Three major Japan shipping firms forecast profit falls for fiscal 2026

Nippon Yusen estimates that the situation in the Middle East could reduce its ordinary profit by nearly ¥20 billion.

The Japan Times