Recovery to pre-pandemic profit levels by fiscal 2023

「During the nine months ended December 31, the Group steadily captured increased demand following the reclassification of COVID-19 as a Class 5 disease, and operating revenue also benefited from price increases. Operating revenue increased by ¥39,952 million, or 12.5% year on year, to ¥360,476 million. Operating profit increased by ¥27,474 million, or 136.5%, to ¥47,601 million, owing to the increase in revenue, while operating profit before depreciation and amortization increased by ¥26,224 million, or 42.7%, to ¥87,664 million.」

「Operating profit increased by ¥7,029 million year on year to ¥14,653 million, primarily owing to higher revenue, up 92.2%. EBITDA increased by ¥6,315 million to ¥27,757 million, up 29.5%.」

「In addition to higher revenue, initiatives that reduced fixed costs, including a review of vehicle operations and the in-house performance of business functions, also contributed. Operating profit was ¥13,415 million, an improvement of ¥16,949 million from the same period of the previous year, when the company posted an operating loss of ¥3,533 million,」

「Through management reforms and other measures, we aim to restore profit to pre-pandemic levels in fiscal 2023.」