January 17, 2014

Kawasaki Kisen Kaisha, Ltd.

 

Announcement of Recording of Extraordinary Loss
for Fiscal Year 2013

 

 

Kawasaki Kisen Kaisha, Ltd (“K” Line) hereby announces the recording of extraordinary loss for the third quarter ending December 31, 2013 as follows:


1. Details of the Extraordinary Loss
 “K” Line recorded an extraordinary loss of 5,721 million yen as a loss provision related to the Anti-Monopoly Act during the consolidated third quarter term of Fiscal Year 2013.  This is in preparation for losses that may occur in conjunction with the recent announcement titled “Receipt of Advance Notice of Draft Orders from the Japan Fair Trade Commission” dated January 9, 2014.

 

2. Outlook
 The impact on “K” Line’s consolidated financial results forecasts for Fiscal Year 2013 is under examination.

 


For further information, please contact:

 

Masahiro Murosaki
General Manager, Corporate Planning Group
Tel: +81-3-3595-5594  Fax: +81-3-3595-5175

 

Kiyoshi Tokonami
General Manager, IR & PR Group
Tel: +81-3-3595-5189 Fax: +81-3-3595-5001

 

Kawasaki Kisen Kaisha, Ltd. (“K” Line)