The reefer owner now expects to log net earnings of JPY 350m ($3.27m) in the year to 31 March, 2015, up from JPY 346m in the previous 12 months.

Its previous forecast was JPY 200m.

Revenue should improve to JPY 9.2bn from JPY 9.13bn, better than its earlier prediction of JPY 8.8bn.

In the six months ended 30 September, the company is expecting to post earnings of JPY 140m, up from an actual result of JPY 67m in 2013.

The