Results for this period
Third quarter1 September 2025 to 31 May 2026ConsolidatedJapanese GAAPThe width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Demand for unit-load palletization remained solid, while spot rentals were weak due to the delayed recovery in personal consumption and lower cargo volumes in port areas, among other factors. Transportation costs were below plan as a result of greater transportation efficiency, and selling, general and administrative expenses also improved against plan. Depreciation expenses declined following a one-year extension of the useful lives of plastic pallets, while the pass-through of higher prices and a review of rental operations also contributed to improved profitability.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 September 2025 to 31 May 2026 |
| Net Sales | 11,651 Millions of yen (YoY +0.9%) |
| Operating profit | 790 Millions of yen (YoY +207.2%) |
| Ordinary income | 1,102 Millions of yen (YoY +87.2%) |
| Profit attributable to owners of the parent | 677 Millions of yen (YoY +113.9%) |
| Net income per share | ¥88.48 |
| Equity ratio | End of the current fiscal period 41.9% / End of previous period 41.7% |
| Total assets | 23,007 Millions of yen |
| Net assets | 9,836 Millions of yen |
| Full-year earnings forecast | Net Sales 15,600 Millions of yen (YoY +1.6%) / Operating profit 790 Millions of yen (YoY +184.5%) / Ordinary income 1,150 Millions of yen (YoY +53.4%) / Net income 730 Millions of yen (YoY +117.1%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → 15,600 Millions of yen / Operating profit Not disclosed → 790 Millions of yen / Ordinary income Not disclosed → 1,150 Millions of yen / Net income Not disclosed → 730 Millions of yen |
| Annual Dividend Forecast | 25 yen and sen → 37 yen and sen（+48.0%） |
| Segment revenue | Logistics 10,525 Millions of yen (YoY +0.6%), Solutions Business 1,126 Millions of yen (YoY +4.4%) |
| Segment profit | Logistics 1,858 Millions of yen (YoY +31.4%), Solutions Business 48 Millions of yen |
| Depreciation and amortization | ¥2,004,014 thousand |
| Impairment loss | ¥7,312 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥879 thousand / Extraordinary loss Impairment Losses ¥7,312 thousand, Loss on Disposal of Fixed Assets ¥10,168 thousand |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate Yes / Restatement No |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | None (対象者：Not disclosed) |
| Issued Shares at Period-End | 7,660,000 Shares |
| Treasury Shares at Period-End | 504 Shares |
| Factors Behind Changes in Business Performance | Demand for unit-load palletization remained solid, while spot rentals were weak due to the delayed recovery in personal consumption and lower cargo volumes in port areas, among other factors. Transportation costs were below plan as a result of greater transportation efficiency, and selling, general and administrative expenses also improved against plan. Depreciation expenses declined following a one-year extension of the useful lives of plastic pallets, while the pass-through of higher prices and a review of rental operations also contributed to improved profitability. |
Items this document does not state (10)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The company cited solid demand for unit-load palletization, lower-than-planned transportation costs, improved selling, general and administrative expenses, the pass-through of higher prices and a review of rental operations, and lower depreciation expenses following a one-year extension of the useful lives of plastic pallets. Spot rentals were affected by the delayed recovery in personal consumption and lower cargo volumes in port areas, while sales were affected by higher logistics-material prices due to the situation in the Middle East.