Expanding Collection Operations and Strengthening the Transportation and Delivery Business

「We have confirmed with SENKO that, even after completion of the transfer, the Umiosロジ Group will continue to provide stable and sustainable logistics services to our Group as a core part of our Group’s logistics function.」

「The Logistics business steadily captured storage demand through collection activities for marine products, livestock products, frozen foods and other products, and reflected higher electricity and other costs in its prices. As a result, net sales were ¥13,500 million, up 1.4% year on year, and operating income was ¥2,333 million, up 72.4% year on year.」

「The Logistics business maintained high inventory volumes, mainly in major cities, and reflected higher electricity and other costs in its prices. As a result, net sales were ¥9,044 million, up 4.2% year on year, and operating income was ¥1,497 million, up 105.8% year on year.」

「The Logistics business maintained high inventory volumes against strong storage demand, mainly in major cities, and passed higher electricity and other costs through to prices. As a result, net sales were ¥4,662 million, up 9.1% year on year, and operating income was ¥771 million, up 125.9% year on year.」

「Although power costs increased substantially following electricity price increases, steady capture of storage demand, mainly in major cities, resulted in net sales of ¥13,308 million, up 4.2% year on year, and operating income of ¥1,353 million, up 25.3% year on year, in the Logistics business.」

「The Logistics business posted higher net sales by steadily capturing storage demand, mainly in major cities. Despite a substantial increase in power costs following electricity price increases, net sales were ¥8,681 million, up 3.3% year on year, and operating income was ¥727 million, up 0.7% year on year.」

「Amid a delayed recovery in stored inventory volumes, particularly for imported goods, the Logistics business increased inbound volumes, mainly in major cities, and posted higher net sales. However, a substantial increase in power costs due to a higher fuel adjustment rate resulted in net sales of ¥4,273 million, up 1.3% year on year, and operating income of ¥341 million, down 2.6% year on year.」

「Amid the continued impact of COVID-19, the Logistics business conducted collection activities for marine products, livestock products and frozen foods, and inbound volumes were recovering. However, stored inventory volumes remained sluggish and declined from the prior year. In addition, depreciation and other expenses increased following the opening of the Nagoya Logistics Center in April 2021, resulting in net sales of ¥14,625 million, down 6.2% year on year, and operating income of ¥1,125 million, down 46.5% year on year.」

「Amid the continued impact of COVID-19, the Logistics business conducted collection activities for marine products, livestock products and frozen foods, and inbound volumes were recovering. However, stored inventory volumes remained sluggish and declined from the prior year. In addition, depreciation and other expenses increased following the opening of the Nagoya Logistics Center in April 2021, resulting in net sales of ¥11,227 million, down 6.6% year on year, and operating income of ¥912 million, down 52.6% year on year.」

「Amid the continued impact of COVID-19, the Logistics business worked to secure earnings through collection activities for marine products, livestock products and frozen foods, but inbound volumes and stored inventory volumes declined from the prior year. In addition, depreciation and other expenses increased following the opening of the Nagoya Logistics Center in April 2021, resulting in net sales of ¥7,401 million, down 5.0% year on year, and operating income of ¥575 million, down 41.8% year on year.」

「In addition, higher depreciation and other expenses following the opening of the Nagoya Logistics Center in April 2021 resulted in net sales of ¥3,745 million, down 4.1% year on year, and operating income of ¥296 million, down 26.6% year on year.」

「The Logistics business posted lower net sales as cargo movements slowed due to the impact of COVID-19. However, although depreciation increased due to replacement work on freezing equipment and other projects, lower power, outsourcing and labor costs resulted in net sales of ¥15,622 million, down 5.5% year on year, and operating income of ¥2,140 million, up 3.2% year on year.」

「The Logistics business posted lower net sales in transportation and delivery because cargo movements slowed due to the impact of COVID-19, while overall net sales declined slightly as it captured strong storage demand in major metropolitan areas through the refrigerated storage business. Although depreciation increased due to replacement work on freezing equipment and other projects, lower power, outsourcing and labor costs resulted in net sales of ¥12,001 million, down 4.8% year on year, and operating income of ¥1,909 million, up 7.3% year on year.」

「The Logistics business posted lower net sales in transportation and delivery because cargo movements slowed due to the impact of COVID-19, while overall net sales declined slightly as it captured strong storage demand in major metropolitan areas through the refrigerated storage business. Although depreciation increased due to replacement work on freezing equipment and other projects, lower power, outsourcing and labor costs resulted in net sales of ¥7,933 million, down 4.2% year on year, and operating income of ¥1,132 million, up 13.5% year on year.」

「The Logistics business posted lower net sales in transportation and delivery because cargo movements slowed due to the impact of COVID-19, but overall net sales remained roughly at the prior-year level as it captured strong storage demand in major metropolitan areas through the refrigerated storage business. Although depreciation increased due to replacement work on freezing equipment and other projects, lower power, outsourcing and labor costs resulted in net sales of ¥4,086 million, down 0.9% year on year, and operating income of ¥586 million, up 29.1% year on year.」

「The Logistics business posted higher net sales as it captured strong storage demand in major metropolitan areas, particularly the Tokyo metropolitan area. Although power and labor costs increased due to higher fuel adjustment rates and other factors, lower depreciation and other expenses resulted in net sales of ¥12,612 million, up 0.9% year on year, and operating income of ¥1,779 million, up 16.4% year on year.」

「The Logistics business posted higher net sales as it captured strong storage demand in major metropolitan areas, particularly the Tokyo metropolitan area. Although power and labor costs increased due to higher fuel adjustment rates and other factors, lower depreciation and other expenses resulted in net sales of ¥8,277 million, up 0.4% year on year, and operating income of ¥997 million, up 26.0% year on year.」

「Although the Logistics business captured strong storage demand in major metropolitan areas, particularly the Tokyo metropolitan area, net sales declined overall. Despite higher power and labor costs resulting from increased fuel adjustment charges and other factors, lower depreciation and outsourcing costs resulted in net sales of ¥4,122 million, down 1.2% year on year, and operating income of ¥454 million, up 16.7% year on year.」

「During the first nine months of the current consolidated fiscal year, power costs increased due to higher fuel adjustment charges and other factors, while labor costs and rent associated with the start-up of the Heiwajima Logistics Center also increased. However, higher handled cargo from proactive collection activities resulted in net sales of ¥12,496 million, up 3.3% year on year, and operating income of ¥1,528 million, up 2.2% year on year.」

「During the first six months of the current consolidated fiscal year, handled cargo increased as a result of proactive collection activities and the transportation and delivery business grew, but higher power costs associated with rising fuel adjustment charges, higher labor costs, and increased rent following the start-up of the Heiwajima Logistics Center resulted in net sales of ¥8,240 million, up 5.0% year on year, and operating income of ¥791 million, down 2.2% year on year.」

「Although power costs increased due to higher fuel adjustment charges, net sales rose to ¥4,174 million, up 7.4% year on year, and operating income to ¥389 million, up 7.5% year on year, as the Logistics business captured strong storage demand in major metropolitan areas, particularly the Tokyo metropolitan area, and the transportation and delivery and customs clearance businesses also performed well.」

「Although depreciation related to the Izumi Logistics Center, which began operations in the previous fiscal year, increased and power and other costs rose during the period, cargo handling volumes increased and operations remained solid in both the refrigerated storage and transportation and delivery businesses. As a result, net sales were ¥15,969 million, up 3.0% year on year, and operating income was ¥1,870 million, up 1.8% year on year.」

「During the first nine months of the current consolidated fiscal year, depreciation related to the Izumi Logistics Center, which began operations in the previous fiscal year, increased and electricity and other costs rose. However, cargo handling volumes increased and operations remained solid in both the refrigerated storage and transportation and delivery businesses, resulting in net sales of ¥12,097 million, up 2.2% year on year, and operating income of ¥1,495 million, up 2.3% year on year.」

「During the first six months of the current consolidated fiscal year, handled cargo increased as a result of proactive collection activities and the transportation and delivery business grew, but higher depreciation related to the Izumi Logistics Center, which began operations last year, and higher power costs and other factors resulted in net sales of ¥7,849 million, up 0.4% year on year, and operating income of ¥809 million, down 3.3% year on year.」

「During the first quarter of the current consolidated fiscal year, handled cargo increased as a result of proactive collection activities and the transportation and delivery business grew, but increased depreciation related to the Izumi Logistics Center, which began operations last year, and other factors resulted in net sales of ¥3,886 million, down 1.4% year on year, and operating income of ¥362 million, down 17.0% year on year.」

「Although system-related expenses and depreciation related to the start-up of a new center increased during the period, lower power costs resulting from the growth of the transportation and delivery business and a decline in the fuel-cost adjustment rate resulted in net sales of ¥15,511 million, down 0.7% year on year, and operating income of ¥1,837 million, up 3.1% year on year.」

「Amid persistently high transportation and delivery costs, the Logistics business worked to secure vehicles stably and expand the collection of handled cargo. During the first nine months of the current consolidated fiscal year, the transportation and delivery business grew, but higher system-related expenses, labor costs associated with increased staffing, and depreciation related to the start-up of a new center resulted in net sales of ¥11,840 million, unchanged year on year, and operating income of ¥1,461 million, down 4.9% year on year.」

「Amid persistently high transportation and delivery costs, the Logistics business worked to secure vehicles stably and expand the collection of handled cargo. During the first six months of the current consolidated fiscal year, handling volumes in the storage business expanded and the transportation and delivery business grew, but higher system-related expenses and labor costs associated with increased staffing resulted in net sales of ¥7,815 million, up 0.9% year on year, and operating income of ¥837 million, down 2.4% year on year.」

「Amid persistently high transportation and delivery costs, the Logistics business worked to secure vehicles stably and expand the collection of handled cargo. During the first quarter of the current consolidated fiscal year, handling of marine products in the Tokyo port area declined, but efforts to reduce expenses such as power costs, expand transportation and delivery operations, and improve operating efficiency resulted in net sales of ¥3,943 million, up 1.2% year on year, and operating income of ¥436 million, up 9.0% year on year.」

「We worked to expand the collection of marine products, livestock products and frozen foods, and to strengthen the transportation and delivery business.」