January 31, 2018

To our shareholders

Corporate Name:

Representative:

Security Code:

9101

Listings:

First Section of the Tokyo and Nagoya

stock exchanges

Contact:

Toru Maruyama

General Manager, IR Group

(Tel. +81 3-3284-5151)

Nippon Yusen Kabushiki Kaisha Tadaaki Naito, President

Revision of Dividend Forecast for Fiscal Year 2017

NYK Line announces herewith the revision of the company's dividend forecast for fiscal year 2017.

1. Reason for the revision

The management of NYK Line regards the stable return of profits to shareholders as one of its most important priorities. Although the payment of a fiscal year-end dividend had not been decided thus far, the company now plans to pay a year-end dividend of ¥20 per share. Management reached this decision after determining that the company has sufficient prospects for regaining profitability based on the results of various structural reforms and the recovery of the maritime shipping market.

2. Revision of dividend forecast

Dividend per share

Interim Dividend

Year-end Dividend

Total

Previous Forecast (Oct. 31, 2017)

Undecided

Undecided

Revised Forecast

20.00 yen

20.00 yen

Actual Dividend

0.00 yen

(Ref.) Previous Results (FY 2016)

0.00 yen

0.00 yen

0.00 yen

(Note) The above forecast is based on currently available information and assumptions that NYK Line deems to be reasonable. Actual results may differ from the forecast as a result of various factors.

Nippon Yusen KK published this content on 31 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 31 January 2018 03:09:07 UTC.

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