Worth reading
74In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
-2084
¥ million (year-on-year change in ordinary profit)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary Materials to the Earnings ReportSecond quarter of the fiscal year ending March 20279 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥122,660 million+8.5%
Operating profit¥4,484 million-26.1%
Ordinary income¥4,185 million-33.2%
Net income¥2,641 million -33.8%interim net income attributable to owners of the parent
Gross Profit Margin8.6%
Operating profit margin3.7%
Selling, general and administrative expenses¥6,054 million
Full-year earnings forecast
Net Sales
¥250,000 million
Operating profit
¥11,200 million
Ordinary income
¥11,000 million
Profit attributable to owners of the parent
¥6,600 million
Earnings per share
¥49.03
Dividend per share
¥32
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales49.1%
Operating profit40.0%
Ordinary income38.0%
Profit attributable to owners of the parent40.0%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Negotiations on fee revisions are progressing as planned, but the effects of the measures are below expectations, and results have diverged from the target.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Rate revisions, productivity improvements and low-profit site improvements1,949
Expansion of existing businesses and full-year operations480
New customer acquisition (including M&A)303
Decline in existing volumes-855
Withdrawals and business scale-backs-410
Changes in non-operating income and expenses-500
One-time costs associated with center consolidation-377
One-time costs related to stabilizing new operations-630
Impact of wage increases-885
Investment projects and higher expenses-1,159
New initiatives
- Improving profitability through the relocation of sites for existing projects and fee revisions
- Exiting low-profitability sites and shifting to growth business areas
- Considering the rollout of TMS to other business divisions
- Improving productivity by using simulations, AI and digital equipment
- Group reorganization involving LinksMile Japan株式会社
- Collaboration with セイノーHD in 3PL, BCP, middle-mile and last-mile operations
- Introduction of the AZ-COM丸和ホールディングス Premium Benefits Club
Key KPIsA metric the company considers important as a management benchmark.
AZ-COM Matsubushi EAST current-period utilization rateAssumed at 80%
Number of vehicles dispatched in response to the Kumamoto earthquake294
Number of organizations requesting emergency deliveries15
Segment results
Last-mile business
Net Sales¥20,043 million
Year on year against the same period last year+5.3%
EC ambient-temperature transportation business
Net Sales¥35,831 million
Year on year against the same period last year+20.0%
EC ambient-temperature 3PL business
Net Sales¥35,066 million
Year on year against the same period last year+1.2%
Temperature-controlled food 3PL business
Net Sales¥16,766 million
Year on year against the same period last year+13.8%
Pharmaceutical and medical 3PL business
Net Sales¥13,390 million
Year on year against the same period last year+1.2%
Medium-term management plan targets
Plan nameMid-Term Management Plan 2028
Period CoveredFiscal years ending March 2026 to March 2028
TargetBuilding a highly profitable company
Capital expenditures
¥2,712 million acquisitions of property, plant and equipment
Annual Dividend
¥32 per share
Interim16
End of period16
Payout ratio
Approximately 40%
| Item | Details |
|---|---|
| Document type | Supplementary Materials to the Earnings Report |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Net Sales | ¥122,660 million (YoY +8.5%) |
| Operating profit | ¥4,484 million (YoY -26.1%) |
| Ordinary income | ¥4,185 million (YoY -33.2%) |
| Net income | ¥2,641 million (interim net income attributable to owners of the parent) (YoY -33.8%) |
| Gross Profit Margin | 8.6% |
| Operating profit margin | 3.7% |
| Selling, general and administrative expenses | ¥6,054 million |
| Full-year earnings forecast | Net Sales ¥250,000 million / Operating profit ¥11,200 million / Ordinary income ¥11,000 million / Profit attributable to owners of the parent ¥6,600 million / Earnings per share ¥49.03 / Dividend per share ¥32 |
| Progress against full-year forecast | Net Sales 49.1% / Operating profit 40.0% / Ordinary income 38.0% / Profit attributable to owners of the parent 40.0% |
| Self-assessment against the plan | Negotiations on fee revisions are progressing as planned, but the effects of the measures are below expectations, and results have diverged from the target. |
| Segment results | Last-mile business Net Sales ¥20,043 million / yoy_pct ¥5.3 million / EC ambient-temperature transportation business Net Sales ¥35,831 million / yoy_pct ¥20 million / EC ambient-temperature 3PL business Net Sales ¥35,066 million / yoy_pct ¥1.2 million / Temperature-controlled food 3PL business Net Sales ¥16,766 million / yoy_pct ¥13.8 million / Pharmaceutical and medical 3PL business Net Sales ¥13,390 million / yoy_pct ¥1.2 million |
| Breakdown of Factors Affecting the Change | Rate revisions, productivity improvements and low-profit site improvements 1,949 / Expansion of existing businesses and full-year operations 480 / New customer acquisition (including M&A) 303 / Decline in existing volumes -855 / Withdrawals and business scale-backs -410 / Changes in non-operating income and expenses -500 / One-time costs associated with center consolidation -377 / One-time costs related to stabilizing new operations -630 / Impact of wage increases -885 / Investment projects and higher expenses -1,159 |
| Key KPIs | AZ-COM Matsubushi EAST current-period utilization rate Assumed at 80% / Number of vehicles dispatched in response to the Kumamoto earthquake 294 / Number of organizations requesting emergency deliveries 15 |
| Medium-term management plan targets | Plan name Mid-Term Management Plan 2028 / Period Covered Fiscal years ending March 2026 to March 2028 / Target Building a highly profitable company |
| Annual Dividend | ¥32 per share |
| Payout ratio | Approximately 40% |
| Capital expenditures | ¥2,712 million (acquisitions of property, plant and equipment) |
| New initiatives | Improving profitability through the relocation of sites for existing projects and fee revisions, Exiting low-profitability sites and shifting to growth business areas, Considering the rollout of TMS to other business divisions, Improving productivity by using simulations, AI and digital equipment, Group reorganization involving LinksMile Japan株式会社, Collaboration with セイノーHD in 3PL, BCP, middle-mile and last-mile operations, Introduction of the AZ-COM丸和ホールディングス Premium Benefits Club |
Items this document does not state (11)
Results for the three months of the current quarterUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAcquisition of treasury sharesOrders 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.Profit declined due to rising personnel and other costs, the effects of improvement measures falling short of expectations, lower profitability resulting from price competition, upfront costs associated with launching new sites, lower volumes from existing customers, temporary costs associated with stabilizing operations, wage revisions, and higher investment-related and other expenses. The stated reasons for revising the full-year forecast include delays in implementing structural reform measures and realizing their effects.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.