Revised forecast
Fiscal year ending March 2027 · Six months and full yearPrevious forecast published 11 May 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
The revision reflects the expectation that freight market conditions in the first quarter and from the second quarter onward will exceed the assumptions made at the beginning of the fiscal year, that handling volumes and unit prices in the logistics business will be higher, and that market conditions in the dry bulk and energy businesses will outperform assumptions. At the same time, the Company expects lower handling volumes in North America, a prolonged closure of the Strait of Hormuz affecting the automotive business, and higher expenses in anticipation of business expansion.
Total extraordinary losses: ¥336 million. Breakdown: loss on sale of fixed assets, ¥85 million; loss on retirement of fixed assets, ¥141 million; impairment loss, —; other, ¥109 million.
| Item | Details |
|---|---|
| Net Sales | Cumulative second-quarter results 12,850 / Full year 26,050 → Cumulative second-quarter results 14,400 / Full year 28,810（Cumulative second-quarter results 12.1 / Full year 10.6） |
| Operating profit | Cumulative second-quarter results 690 / Full year 1,450 → Cumulative second-quarter results 1,020 / Full year 1,850（Cumulative second-quarter results 47.8 / Full year 27.6） |
| Ordinary income | Cumulative second-quarter results 830 / Full year 1,850 → Cumulative second-quarter results 1,600 / Full year 2,500（Cumulative second-quarter results 92.8 / Full year 35.1） |
| Profit attributable to owners of the parent | Cumulative second-quarter results 910 / Full year 1,950 → Cumulative second-quarter results 1,550 / Full year 2,400（Cumulative second-quarter results 70.3 / Full year 23.1） |
| Net income per share | Not disclosed → Cumulative second-quarter results 383.82 / Full year 594.49 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Six months and full year |
| Publication date of previous forecast | 11 May 2026 |
| Reason for the revision | The revision reflects the expectation that freight market conditions in the first quarter and from the second quarter onward will exceed the assumptions made at the beginning of the fiscal year, that handling volumes and unit prices in the logistics business will be higher, and that market conditions in the dry bulk and energy businesses will outperform assumptions. At the same time, the Company expects lower handling volumes in North America, a prolonged closure of the Strait of Hormuz affecting the automotive business, and higher expenses in anticipation of business expansion. |
| Details and amount of extraordinary loss | Total extraordinary losses: ¥336 million. Breakdown: loss on sale of fixed assets, ¥85 million; loss on retirement of fixed assets, ¥141 million; impairment loss, —; other, ¥109 million. |
| Dividend forecast revision | The interim and year-end dividends have each been set at ¥120 per share, an increase of ¥20 from the forecasts at the beginning of the fiscal year. The annual dividend is ¥240 per share. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
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 reasons are that freight market conditions in the first quarter and from the second quarter onward are expected to exceed the assumptions made at the beginning of the fiscal year, handling volumes and unit prices in the logistics business are expected to be higher, and market conditions in the dry bulk and energy businesses are expected to outperform assumptions. At the same time, the Company expects lower handling volumes in North America, a prolonged closure of the Strait of Hormuz affecting the automotive business, and higher expenses associated with business expansion.