Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPThe width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
In the delivery business, the number of items handled increased in the domestic e-commerce, BtoB and real-commerce areas, and average unit prices improved through the collection of appropriate freight rates, while personnel expenses, outsourcing expenses and fuel costs increased. In the logistics business, the increase in the volume handled in temperature-controlled logistics and the collection of appropriate charges contributed to results. In the global logistics business, the consolidation of Morrison and strong performance in the forwarding business contributed.
None. The notes on the going concern assumption state: “There are no applicable matters.”
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥920,437 million (YoY +17.6%) |
| Operating profit | ¥41,440 million (YoY +7.5%) |
| Ordinary income | ¥39,791 million (YoY +4.4%) |
| Profit attributable to owners of the parent | ¥27,929 million (YoY +19.8%) |
| Net income per share | ¥46.80 |
| Equity ratio | End of the current fiscal period 45.1 / End of previous period 44.4 |
| Total assets | ¥1,223,181 million |
| Net assets | ¥554,457 million |
| Cash flows from operating activities | ¥33,297 million |
| Cash flows from investing activities | ¥-9,317 million |
| Cash flows from financing activities | ¥-43,283 million |
| Cash and cash equivalents at end of period | ¥70,964 million |
| Full-year earnings forecast | Net Sales ¥1,820,000 million (YoY +10.7%) / Operating profit ¥100,000 million (YoY +10.8%) / Ordinary income ¥98,000 million (YoY +6.8%) / Net income ¥65,000 million (YoY +10.0%) |
| Revision to Earnings Forecast | Operating revenue ¥1,740,000 million → ¥1,820,000 million（+4.6%） / Operating profit ¥97,000 million → ¥100,000 million（+3.1%） / Ordinary income Not disclosed → ¥98,000 million / Net income Not disclosed → ¥65,000 million |
| Annual Dividend Forecast | 53 Yen → 55 Yen |
| Shareholder Return Policy | Target a cumulative total payout ratio of 60% or more over 3 years through progressive dividends and flexible implementation of share repurchases. |
| Segment revenue | Delivery business ¥537,448 million (YoY +5.7%), Logistics Business ¥103,614 million (YoY +0.2%), Global Logistics business ¥247,551 million (YoY +77.1%), Real estate business ¥3,327 million (YoY -3.8%), Other ¥28,495 million (YoY +4.6%) |
| Segment profit | Delivery business ¥24,909 million (YoY -18.0%), Logistics Business ¥4,513 million (YoY +25.0%), Global Logistics business ¥6,671 million (YoY +822.8%), Real estate business ¥2,328 million (YoY -1.7%), Other ¥1,647 million (YoY -3.6%) |
| Depreciation and amortization | ¥25,769 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of property, plant and equipment ¥153 million, Gain on sale of investment securities ¥4,511 million / Extraordinary loss Loss on sale of property, plant and equipment ¥209 million, Loss on disposal of fixed assets ¥81 million, Compensation for damages ¥1,099 million |
| Disclosure regarding the going concern assumption | None. The notes on the going concern assumption state: “There are no applicable matters.” |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | Added: 0 companies; excluded: 0 companies |
| Material subsequent events | The Board of Directors resolved on 6 November 2026 to repurchase shares. The repurchase will be for up to 11 million shares, with a total purchase price of up to ¥15 billion, during the period from 9 November 2026 to 26 February 2027. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for analysts and institutional investors) |
| Issued Shares at Period-End | 640,394,400 |
| Treasury Shares at Period-End | 43,653,895 |
| Factors Behind Changes in Business Performance | In the delivery business, the number of items handled increased in the domestic e-commerce, BtoB and real-commerce areas, and average unit prices improved through the collection of appropriate freight rates, while personnel expenses, outsourcing expenses and fuel costs increased. In the logistics business, the increase in the volume handled in temperature-controlled logistics and the collection of appropriate charges contributed to results. In the global logistics business, the consolidation of Morrison and strong performance in the forwarding business contributed. |
Items this document does not state (5)
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.This was based on the results for the current interim consolidated accounting period and the outlook for economic conditions. In the global logistics business, the consolidation of Morrison and strong performance in the forwarding business contributed to results. In the delivery business, the increase in volumes handled and improvement in average unit prices contributed, while increases in personnel expenses, outsourcing expenses and fuel costs, among others, weighed on profit.