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Presentation materials for financial results9076SEINO HOLDINGS CO.,LTD.Transportation and Logistics

Financial Results Briefing Materials for the Fiscal Year Ending March 2026

For the fiscal year ended March 2026, revenue, operating income and net income increased, driven by the full-year consolidation effect of MDロジス and improved unit prices and operating efficiency in the transportation business. Operating income reached a record high. For the fiscal year ending March 2027, the Company plans higher revenue and earnings based on growth in transportation volumes and unit prices, but has left its earnings forecast unchanged.

Worth reading
73In focus
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
25.8
Year-on-year change in operating profit (%)
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials for financial resultsFiscal year ending March 2026, full year14 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥812,965 million+10.3%
Operating profit¥37,605 million+25.8%
Ordinary income¥37,264 million
Net income¥23,638 million+22.8%
Gross Profit Margin12.0%
Operating profit margin4.6%
Selling, general and administrative expenses¥60,192 million
Full-year earnings forecast
Net Sales
¥825,500 million
Operating profit
¥41,400 million
Ordinary income
¥41,800 million
Net income
¥27,500 million
EPS
¥169.08
ROE
6.1 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
In line with expectations
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • LTL freight volume¥-1,133 million
  • LTL freight rates¥7,941 million
  • SC¥767 million
  • LOM, COLD, international and other operations¥-1,291 million
  • Total increase in transportation business revenue¥18,254 million
  • More efficient vehicle operations¥2,155 million
  • Consolidation effect of MDロジス¥2,990 million
  • Increase in transportation business operating income¥6,681 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • LTL freight volume101.5 Year-on-year % per day
  • LTL freight rates102.8 General; year-on-year %
  • Number of days99.3 % year on year
  • Passenger vehicles sold16,770 Units
  • Trucks sold2,104 Units
New initiatives
  • Joint delivery model by 九州西濃運輸 and JPロジスティクス
  • Establishment of TGL山陰, a joint venture with the 福山通運 Group
  • Business alliance with AZ-COM丸和HD
  • Establishment of 6 strategic divisions and a Digital Strategy Office in the transportation business
  • Enhancement of supply chain DX consulting using digital twins
  • Development of AI agents for the logistics industry
Key KPIsA metric the company considers important as a management benchmark.
  • LTL freight volume99.4 % year on year
  • LTL freight rate per kg103.7 % year on year
  • Logistics revenue136 % year on year
  • Full-load truck revenue107.7 % year on year
  • Number of Hacobell-registered operators25,000 companies
  • Number of Hacobell-registered vehicles80,000 Units
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • LTL freight volume99.4 % year on year
  • LTL freight rate per kg103.7 % year on year
  • Automotive sales business: passenger vehicles sold15,742 Units
  • Automotive sales business: trucks sold2,022 Units
Segment results
  • Transportation business
    Net Sales630,890
    Revenue unit¥ million
    Year-on-year change in revenue+13.9%
    Operating profit27,425
    Profit unit¥ million
    Year-on-year operating profit growth+32.2%
  • Automotive sales business
    Net Sales110,346
    Revenue unit¥ million
    Year-on-year change in revenue▲4.3%
    Operating profit6,917
    Profit unit¥ million
    Year-on-year operating profit growth▲3.4%
  • Product sales business
    Net Sales40,926
    Revenue unit¥ million
    Year-on-year change in revenue+5.5%
    Operating profit1,314
    Profit unit¥ million
    Year-on-year operating profit growth+12.4%
  • Real Estate Leasing Business
    Net Sales2,456
    Revenue unit¥ million
    Year-on-year change in revenue+4.3%
    Operating profit1,810
    Profit unit¥ million
    Year-on-year operating profit growth+4.6%
  • Other
    Net Sales28,345
    Revenue unit¥ million
    Year-on-year change in revenue+5.8%
    Operating profit2,270
    Profit unit¥ million
    Year-on-year operating profit growth+24.1%
Medium-term management plan targets
Plan nameRoadmap 2028
Target
  • ROE of at least 8.0%
  • Annual operating income growth of at least 10%
  • Annual EPS growth of 15–20%
  • Operating margin of approximately 5.8%
  • DOE of at least 4.0%
Comparison with actual resultsROE of 5.6% and EPS of ¥157.00 for the fiscal year ended March 2026
Financial targets
TargetROE of at least 8.0%; maintain the equity ratio at an appropriate level
Actual resultsROE of 5.6%; equity ratio of 56.1%
Risk amount incorporated into the outlookThe amount representing the range of variation the company expects in its forecast.
The impact of conditions in the Middle East is highly uncertain and has not been incorporated into the earnings forecast. Amount: Not disclosed
Number of employees
Permanent employees: ▲0.2%; temporary employees: ▲7.2%. Headcount itself: Not disclosed
Capital expenditures
¥36,451 million
Annual Dividend
Annual dividend per share¥104
Breakdown
Interim43
End of period61
Acquisition of treasury shares
Actual expenditure on share repurchases¥40,748 million
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredFiscal year ending March 2026, full year
Net Sales¥812,965 million (YoY +10.3%)
Operating profit¥37,605 million (YoY +25.8%)
Ordinary income¥37,264 million
Net income¥23,638 million (YoY +22.8%)
Gross Profit Margin12.0%
Operating profit margin4.6%
Selling, general and administrative expenses¥60,192 million
Full-year earnings forecastNet Sales ¥825,500 million / Operating profit ¥41,400 million / Ordinary income ¥41,800 million / Net income ¥27,500 million / EPS ¥169.08 / ROE 6.1 %
Self-assessment against the planIn line with expectations
Segment resultsSegment Transportation business / Net Sales 630,890 / Revenue unit ¥ million / Year-on-year change in revenue +13.9% / Operating profit 27,425 / Profit unit ¥ million / Year-on-year operating profit growth +32.2%, Segment Automotive sales business / Net Sales 110,346 / Revenue unit ¥ million / Year-on-year change in revenue ▲4.3% / Operating profit 6,917 / Profit unit ¥ million / Year-on-year operating profit growth ▲3.4%, Segment Product sales business / Net Sales 40,926 / Revenue unit ¥ million / Year-on-year change in revenue +5.5% / Operating profit 1,314 / Profit unit ¥ million / Year-on-year operating profit growth +12.4%, Segment Real Estate Leasing Business / Net Sales 2,456 / Revenue unit ¥ million / Year-on-year change in revenue +4.3% / Operating profit 1,810 / Profit unit ¥ million / Year-on-year operating profit growth +4.6%, Segment Other / Net Sales 28,345 / Revenue unit ¥ million / Year-on-year change in revenue +5.8% / Operating profit 2,270 / Profit unit ¥ million / Year-on-year operating profit growth +24.1%
Breakdown of Factors Affecting the ChangeFactors LTL freight volume / Amount ¥-1,133 million, Factors LTL freight rates / Amount ¥7,941 million, Factors SC / Amount ¥767 million, Factors LOM, COLD, international and other operations / Amount ¥-1,291 million, Factors Total increase in transportation business revenue / Amount ¥18,254 million, Factors More efficient vehicle operations / Amount ¥2,155 million, Factors Consolidation effect of MDロジス / Amount ¥2,990 million, Factors Increase in transportation business operating income / Amount ¥6,681 million
Key KPIsIndicator name LTL freight volume / Value 99.4 % year on year, Indicator name LTL freight rate per kg / Value 103.7 % year on year, Indicator name Logistics revenue / Value 136 % year on year, Indicator name Full-load truck revenue / Value 107.7 % year on year, Indicator name Number of Hacobell-registered operators / Value 25,000 companies, Indicator name Number of Hacobell-registered vehicles / Value 80,000 Units
Unit price and quantity metricsIndicator name LTL freight volume / Value 99.4 % year on year, Indicator name LTL freight rate per kg / Value 103.7 % year on year, Indicator name Automotive sales business: passenger vehicles sold / Value 15,742 Units, Indicator name Automotive sales business: trucks sold / Value 2,022 Units
Number of employeesPermanent employees: ▲0.2%; temporary employees: ▲7.2%. Headcount itself: Not disclosed
Assumptions Underlying the Business OutlookItem LTL freight volume / Value 101.5 Year-on-year % per day, Item LTL freight rates / Value 102.8 General; year-on-year %, Item Number of days / Value 99.3 % year on year, Item Passenger vehicles sold / Value 16,770 Units, Item Trucks sold / Value 2,104 Units
Risk amount incorporated into the outlookThe impact of conditions in the Middle East is highly uncertain and has not been incorporated into the earnings forecast. Amount: Not disclosed
Medium-term management plan targetsPlan name Roadmap 2028 / Target ROE of at least 8.0%, Annual operating income growth of at least 10%, Annual EPS growth of 15–20%, Operating margin of approximately 5.8%, DOE of at least 4.0% / Comparison with actual results ROE of 5.6% and EPS of ¥157.00 for the fiscal year ended March 2026
Financial targetsTarget ROE of at least 8.0%; maintain the equity ratio at an appropriate level / Actual results ROE of 5.6%; equity ratio of 56.1%
Annual DividendAnnual dividend per share ¥104 / Breakdown Interim 43 / End of period 61
Acquisition of treasury sharesBuyback limit Not disclosed / Actual expenditure on share repurchases ¥40,748 million / Period Not disclosed
Capital expenditures¥36,451 million
New initiativesJoint delivery model by 九州西濃運輸 and JPロジスティクス, Establishment of TGL山陰, a joint venture with the 福山通運 Group, Business alliance with AZ-COM丸和HD, Establishment of 6 strategic divisions and a Digital Strategy Office in the transportation business, Enhancement of supply chain DX consulting using digital twins, Development of AI agents for the logistics industry
Items this document does not state (7)
Results for the three months of the current quarterProgress against full-year forecastNumber of stores and locationsPayout 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.

The main drivers of higher revenue and earnings were the full-year consolidation effect of MDロジス, higher unit prices resulting from progress in collecting appropriate freight rates in the transportation business, and controlled cost growth through more efficient vehicle operations. In addition to the increase in operating income, net income benefited from a decline in losses on the disposal of fixed assets and the recognition of a gain on the return of retirement benefit trust assets.

How to read this page

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Financial Results Briefing Materials for the Fiscal Year Ending March 2026 | SEINO HOLDINGS CO.,LTD. (9076) timely disclosure | Komori