Strengthening the Medical, Fashion, Airport and Temperature-Controlled Logistics Businesses

「In the fiscal year ending March 2026, the service business foundation was strengthened in the airport field through expansion of contracted services at existing airports and a new entry into Kagoshima Airport in response to growing inbound demand. At the same time, reductions in Chinese passenger flights resulting from deteriorating Japan-China relations became apparent from December 2025, leaving the business in a challenging environment.」

「Although some customers suspended production lines, sales increased 6.9% year on year to ¥116,583 million, supported by the consolidation of an Indian steel subsidiary in the steel-related business, the resumption of international passenger flights in the airport-related business, the operation of new sites and higher handled volumes in the lifestyle industries-related food business, and higher volumes for air-conditioning refurbishment projects in the lifestyle industries-related lifestyle business.」

「Strengthening the service businesses (medical and airport)」

「As SPD India Healthcare Pvt. Ltd. was made a subsidiary through the acquisition of its shares, it has been included in the scope of consolidation. Profit amounted to ¥11,591 million, up 39.6% year on year, due to the return to profitability accompanying increased handling volumes in airport-related operations, as well as increased handling volumes in the environmental division of the steel-related business, initiatives to reduce fuel costs, ongoing improvements in operating efficiency and the collection of appropriate rates.」

「In airport-related operations, profitability improved significantly due to the recovery in international passenger flights, rate revisions and expansion into new areas, resulting in a return to profitability for the first time in 4 fiscal years since the fiscal year ended March 2020.」

「In airport-related operations, profitability improved significantly, driven by the recovery in international passenger flights, rate revisions and expansion into new areas. We will continue working to strengthen our organizational structure and expand our scope of operations to support the further restoration of flights and the sustainable development of the ground-handling business.」

「The airport-related business faced a difficult operating environment due to substantial reductions in international passenger flights, but has finally entered a recovery phase as international passenger flights recovered following the end of border-control measures. The company will strengthen its operating structure and expand its business areas to support further flight resumption and the sustainable development of its ground-handling business.」

「The resumption of domestic and international passenger flights and the expansion of contracted services in the airport-related business」

「The airport-related business benefited from the resumption of domestic and international flights and the expansion of cargo-handling operations, while the steel-related business won large spot contracts. However, the completion of earthquake reconstruction work, production cuts by some customers and lower volumes of product storage and handling also affected results.」

「Profit was ¥8,363 million, up 101.1% year on year, reflecting the underlying increase in revenue, the recovery in handled volumes, operational efficiency improvements, the expansion of cargo-handling operations and the opening of new sites in the airport-related business, and the company's proactive efforts to appropriately allocate personnel (cumulative third-quarter result: 48,505 person-assignments, up 19,484 from the same period of the previous year).」

「In the airport-related business, the company views the still-uncertain recovery in international passenger flights positively, as an opportunity not only to reduce the personnel cost burden but also to improve capabilities through new skills and promote workforce mobility. It continues to second and temporarily assign personnel inside and outside the group.」

「The airport-related business remains in a difficult environment due to the worldwide reduction in passenger flights. The company continues to second and temporarily assign personnel inside and outside the group, viewing this not only as a way to reduce the personnel cost burden but also as an excellent opportunity to upgrade capabilities through new skills and promote workforce mobility.」

「In the airport-related growth business, the company is maintaining employment while building a structure that will enable it to redeploy personnel when air travel demand, particularly international demand, recovers.」

「In the airport-related field, a growth business, the company is cautiously redeploying personnel while monitoring the recovery in air travel demand, particularly international flights.」

「In the airport-related field, a growth business, the company will cautiously redeploy personnel while monitoring the recovery in air travel demand, particularly international flights.」

「The continued impact of COVID-19 led to a worldwide decline in passenger flights, sharply reducing airport-related operations such as check-in counter services and ground handling.」

「In the airport-related field, in addition to the capital alliance with MacroAsia Airport Services Corporation, which operates a ground-handling business in the Philippines, the company brought Narita Aviation Business College under its umbrella and is contributing to human resources development across the airport industry.」

「In the airport-related field, passenger flight services increased and the number of newly contracted companies rose. In the food and food products fields, new distribution centers for beverages and other products opened and handled volumes increased, while in the medical field, in-hospital logistics operations increased.」

「The company is advancing initiatives including an agreement reached on 5 November for a capital alliance with one of the Philippines' largest ground-handling companies.」

「In the airport-related field, revenue increased due to an increase in the number of newly contracted companies at Haneda Airport and other factors.」

「In the airport-related field, revenue increased due to the expansion of operations at Narita International Airport, increased flight services and larger aircraft at Kansai International Airport, and the launch of operations at newly contracted airports.」

「In the airport-related field, revenue increased due to the expansion of operations at Narita International Airport and the launch of operations at newly contracted airports.」

「In the airport-related field, revenue increased due to the expansion of operations at Narita International Airport and the launch of operations at newly contracted airports.」

「In the Complex Solutions Business, revenue increased in the airport-related field due to the launch of operations by a newly consolidated company providing ground-handling and other services, as well as the start of operations at newly contracted airports.」

「The newly consolidated NKS Holding in the airport-related field and the increase in in-hospital logistics in the medical-related field contributed to higher revenue and profit. Sales were ¥144,657 million, up 7.3% year on year, and segment profit was ¥11,369 million, up 3.7%.」

「Going forward, in addition to expanding existing operations such as ground handling at Narita Airport, the company will work to further expand its business areas by entering aircraft catering-loading operations, the first such business for the group, and passenger information services within the airport.」

「On 1 May 2017, the company acquired all shares of NKS Holding Co., Ltd., which operated an airport-related business, from JBS Holdings Co., Ltd. (JBS), and made it a subsidiary.」

「In the food-related field, the company won new trunk-line transportation contracts, while beverage and other manufacturing contract work and distribution-center operations at newly opened sites increased. In the airport-related field, ground-handling operations expanded with increased international flight services at Kansai International Airport and elsewhere, as in the previous year, and the company won new aircraft cabin-cleaning contracts. In addition, the acquisition of new in-hospital logistics operations by a subsidiary in the medical-related field also contributed.」

「In the airport-related field, the expansion of ground-handling operations accompanying increased international flight services at Kansai International Airport and elsewhere, as well as new aircraft cabin-cleaning contracts, also contributed.」

「The expansion of ground-handling and aircraft cabin-cleaning operations, driven by the continued increase in inbound foreign tourists in the airport-related field, also contributed.」

「Strengthening each of the medical services, fashion and apparel services, airport-related services and temperature-controlled logistics services businesses」