Although we are a shipping company, we also have fairly large non-shipping business activities in the logistics, aircargo transportation and real estate sectors. In fact, these account for more than 35 percent of the NYK Group's total turnover. Our shipping and non-shipping businesses complement each other and thus contribute to stabilizing the Group's profit.
The liner business is said to be unstable, a business in which profitability fluctuates violently in accordance with supply and demand. Our reliance on the liner business is relatively small compared to our Japanese peers.
(Figures are Group turnover in JPY, billions)
Although we are based in Japan, our reliance on the Japanese market is fairly limited (approximately 30 percent of the Group's turnover). This means our performance is not biased by a single country's economic situation (namely Japan's), but instead risk is evenly dispersed globally.
※For cross-regional transportation, revenue is divided evenly between the two regions.