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Earnings presentation9075FUKUYAMA TRANSPORTING CO.,LTD.Transportation and logistics

Summary of Financial Results for the Second Quarter of the Fiscal Year Ending March 2027

For the six months ended September 2026, revenue and operating profit exceeded the year-earlier period, led mainly by the transportation business. For the full-year plan, revenue and operating profit were revised upward from the initial forecasts, while revisions varied by business, with both upward and downward adjustments.

Worth reading
76Important
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
4223
Millions of yen (year-on-year increase in operating income)
Wording
Conditional
How definitive the wording is.

Contents of this document

Earnings presentationSecond quarter of the fiscal year ending March 202712 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥166,124 million+8.2%
Operating profit¥7,835 million+116.9%
Ordinary income¥7,992 million+79.1%
Net income¥7,037 million+131.3%
Operating profit margin4.7 %
Full-year earnings forecast
Net Sales
¥340,696 million
Operating profit
¥14,800 million
Ordinary income
¥15,201 million
Net income
¥17,698 million
Operating profit margin
4.3 %
Ordinary income margin
4.5 %
ROE
6.2 %
ROA
3.6 %
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Transportation revenue¥5,909 million
  • Personnel expenses, outsourcing costs, etc.¥-3,193 million
  • Fuel Costs¥51 million
  • Other expenses¥112 million
  • Depreciation and amortization¥624 million
  • Profit from businesses other than the transportation business¥602 million
  • Administrative expenses, etc.¥116 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • Full-year shipment volume102.5 Year-on-year
  • Full-year unit price102.6 Year-on-year
  • Average fuel oil price110.5 Year-on-year
  • Second-half shipment volume101.4 Year-on-year
  • Second-half unit price103.8 Year-on-year
New initiatives
  • Promoting Collection of Appropriate Freight Rates
  • Containing costs by reviewing business processes
  • Actively considering M&A in the dedicated transportation, value-added logistics, and international businesses, in addition to the core transportation business
  • Considering opportunistic share buybacks with a focus on managing equity capital
  • Sale of cross-shareholdings and low-profit assets
Key KPIsA metric the company considers important as a management benchmark.
  • Network revenue
    Year on year against the same period last year+5.2%
  • Weight, total or average103.7 Year on year
    Year on year against the same period last year+3.7%
  • Unit price per kg, total or average101.4 Year on year
    Year on year against the same period last year+1.4%
  • Number of employees22,073 people
    Year on year against the same period last year-2.7%
  • Capital expenditures¥7,023 million
    Year on year against the same period last year-31.3%
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • Weight, total or average103.7 Year on year
  • Unit price per kg, total or average101.4 Year on year
  • Small-lot freight weight103.2 Year on year
  • Small-lot freight unit price per kg99.1 Year on year
  • Commercial small-lot freight weight101.6 Year on year
  • Commercial small-lot freight unit price per kg102.2 Year on year
  • Commercial freight weight103.6 Year on year
  • Commercial freight unit price per kg102.2 Year on year
  • Heavy and oversized freight weight105.6 Year on year
  • Heavy and oversized freight unit price per kg103.3 Year on year
Segment results
  • Transportation
    Net Sales¥125,244 million (YoY +5.0%)
    Operating profit¥5,804 million (YoY +152.3%)
  • Chartered transportation business
    Net Sales¥14,034 million (YoY +8.6%)
    Operating profit¥1,414 million (YoY +22.0%)
  • Distribution processing business
    Net Sales¥12,431 million (YoY +6.6%)
    Operating profit¥2,015 million (YoY +3.2%)
  • International business
    Net Sales¥11,022 million (YoY +81.4%)
    Operating profit¥461 million (YoY +172.9%)
  • Other businesses
    Net Sales¥3,391 million (YoY -5.1%)
    Operating profit¥547 million (YoY -1.2%)
Medium-term management plan targets
TargetEffective utilization of held assets: ¥40 billion
Actuals / ForecastAchieved through a ¥40 billion reduction in cross-shareholdings, plus ¥7.5 billion from the sale of low-profit assets
Financial targets
ROE
Target6.2 %
ROA
Target3.6 %
Number of employees
Number of Employees22,073 people
Change during the period-607 people
Capital expenditures
¥7,023 millions actual for the fiscal year ending September 2026
Annual Dividend
Annual
100 yen per share
Interim
50 yen per share
Acquisition of treasury shares
Acquisition cost¥17 billion (implemented in the fiscal year ended March 2026)
Period¥700 million implemented in April 2026. The company will also consider opportunistic purchases going forward
Contents of this document
ItemDetails
Document typeEarnings presentation
Fiscal Period CoveredSecond quarter of the fiscal year ending March 2027
Net Sales¥166,124 million (YoY +8.2%)
Operating profit¥7,835 million (YoY +116.9%)
Ordinary income¥7,992 million (YoY +79.1%)
Net income¥7,037 million (YoY +131.3%)
Operating profit margin4.7 %
Full-year earnings forecastNet Sales ¥340,696 million / Operating profit ¥14,800 million / Ordinary income ¥15,201 million / Net income ¥17,698 million / Operating profit margin 4.3 % / Ordinary income margin 4.5 % / ROE 6.2 % / ROA 3.6 %
Segment resultsSegment Transportation / Net Sales ¥125,244 million (YoY +5.0%) / Operating profit ¥5,804 million (YoY +152.3%), Segment Chartered transportation business / Net Sales ¥14,034 million (YoY +8.6%) / Operating profit ¥1,414 million (YoY +22.0%), Segment Distribution processing business / Net Sales ¥12,431 million (YoY +6.6%) / Operating profit ¥2,015 million (YoY +3.2%), Segment International business / Net Sales ¥11,022 million (YoY +81.4%) / Operating profit ¥461 million (YoY +172.9%), Segment Other businesses / Net Sales ¥3,391 million (YoY -5.1%) / Operating profit ¥547 million (YoY -1.2%)
Breakdown of Factors Affecting the ChangeFactors Transportation revenue / Amount ¥5,909 million, Factors Personnel expenses, outsourcing costs, etc. / Amount ¥-3,193 million, Factors Fuel Costs / Amount ¥51 million, Factors Other expenses / Amount ¥112 million, Factors Depreciation and amortization / Amount ¥624 million, Factors Profit from businesses other than the transportation business / Amount ¥602 million, Factors Administrative expenses, etc. / Amount ¥116 million
Key KPIsIndicator name Network revenue / Value Not disclosed / Year on year against the same period last year 5.2 +5.2% year on year, Indicator name Weight, total or average / Value 103.7 Year on year / Year on year against the same period last year 3.7 Year on year, Indicator name Unit price per kg, total or average / Value 101.4 Year on year / Year on year against the same period last year 1.4 Year on year, Indicator name Number of employees / Value 22,073 people / Year on year against the same period last year -2.7 people, Indicator name Capital expenditures / Value ¥7,023 million / Year on year against the same period last year ¥-31.3 million
Unit price and quantity metricsIndicator name Weight, total or average / Value 103.7 Year on year, Indicator name Unit price per kg, total or average / Value 101.4 Year on year, Indicator name Small-lot freight weight / Value 103.2 Year on year, Indicator name Small-lot freight unit price per kg / Value 99.1 Year on year, Indicator name Commercial small-lot freight weight / Value 101.6 Year on year, Indicator name Commercial small-lot freight unit price per kg / Value 102.2 Year on year, Indicator name Commercial freight weight / Value 103.6 Year on year, Indicator name Commercial freight unit price per kg / Value 102.2 Year on year, Indicator name Heavy and oversized freight weight / Value 105.6 Year on year, Indicator name Heavy and oversized freight unit price per kg / Value 103.3 Year on year
Number of employeesNumber of Employees 22,073 people / Change during the period -607 people
Assumptions Underlying the Business OutlookItem Full-year shipment volume / Value 102.5 Year-on-year, Item Full-year unit price / Value 102.6 Year-on-year, Item Average fuel oil price / Value 110.5 Year-on-year, Item Second-half shipment volume / Value 101.4 Year-on-year, Item Second-half unit price / Value 103.8 Year-on-year
Medium-term management plan targetsTarget Effective utilization of held assets: ¥40 billion / Actuals / Forecast Achieved through a ¥40 billion reduction in cross-shareholdings, plus ¥7.5 billion from the sale of low-profit assets
Financial targetsROE Actual results Not disclosed / Target 6.2 % / ROA Actual results Not disclosed / Target 3.6 %
Annual DividendAnnual 100 yen per share / Interim 50 yen per share / End of period Not disclosed
Acquisition of treasury sharesAcquisition cost ¥17 billion (implemented in the fiscal year ended March 2026) / Period ¥700 million implemented in April 2026. The company will also consider opportunistic purchases going forward
Capital expenditures¥7,023 millions (actual for the fiscal year ending September 2026)
New initiativesPromoting Collection of Appropriate Freight Rates, Containing costs by reviewing business processes, Actively considering M&A in the dedicated transportation, value-added logistics, and international businesses, in addition to the core transportation business, Considering opportunistic share buybacks with a focus on managing equity capital, Sale of cross-shareholdings and low-profit assets
Items this document does not state (11)
Gross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planNumber of stores and locationsRisk amount incorporated into the outlookPayout ratioOrders received and order backlogMarket Size / ShareKey points of the Q&A

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.

Higher weight improved transportation efficiency, while unit price improvements and substantial gains in load efficiency and vehicle utilization also contributed to profit growth. Although costs such as personnel and outsourcing expenses continued to rise, the increase in transportation revenue and improved transportation efficiency more than offset them.

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Summary of Financial Results for the Second Quarter of the Fiscal Year Ending March 2027 | FUKUYAMA TRANSPORTING CO.,LTD. (9075) timely disclosure | Komori