Strengthening 3PL and Integrated Domestic and International Logistics

「In addition, Meito, Hutech and the existing domestic 3PL business all performed well as a result of collecting appropriate fees and improving productivity, resulting in higher revenue and profit.」

「Even excluding the consolidation effects of Meito and Hutech, revenue and profit increased as a result of collecting appropriate fees for existing domestic 3PL services and improving productivity.」

「In the logistics business, ocean and air freight rates rose against a backdrop of market price fluctuations caused by disruption to ocean transport due to avoidance of passage through the Red Sea, a resulting shift to air transport and progress in price negotiations. Handling volumes for ocean and air freight also performed well, supported by the Red Sea disruption and the acquisition of new customers.」

「Handling volumes for ocean and air freight performed well, supported by the above factors and the acquisition of new customers. As a result, operating revenue for the logistics segment in the six months ended the interim period was ¥166.193 billion, up 56.3% from the same interim period of the previous year, while operating profit was ¥3.457 billion, compared with an operating loss of ¥1.439 billion in the same period of the previous year.」

「In Japan, the company is receiving more projects, including 3PL, through comprehensive solution proposals under “GOAL.” It is also strengthening its organisation for the full-scale development of cross-border e-commerce and international logistics to and from Japan in coordination with the delivery business.」

「In the logistics business, freight volumes for ocean and air cargo declined, despite signs that consumer sentiment in the United States was beginning to recover, as concerns about an economic slowdown persisted against a backdrop that included monetary tightening in response to rising prices. Ocean and air freight rates showed some increases, but overall remained at a low level. As a result, operating revenue for the logistics segment in the nine months ended the third quarter was ¥163.467 billion, down 39.2% from the same period of the previous year, and the segment posted an operating loss of ¥2.714 billion, compared with operating profit of ¥17.948 billion in the same period of the previous year.」

「For medium- to long-term growth, the company has undertaken initiatives to strengthen international transportation services, including making U.S. customs brokers and Canadian logistics operators centred on forwarding into subsidiaries.」

「In Japan, performance remained solid, including the acquisition of new engagements through comprehensive solution proposals under GOAL.」

「In the logistics business, handling volumes for ocean and air freight remained weak, but performance was solid, supported by the undertaking of new projects through comprehensive solution proposals under “GOAL.” As a result, operating revenue for the logistics segment in the six months ended the second quarter was ¥204.542 billion, up 10.3% from the same period of the previous year, while operating profit was ¥14.516 billion, down 1.6%.」

「As a result, operating revenue for the logistics segment in the three months ended the first quarter was ¥114.085 billion, up 48.0% from the same quarter of the previous year, and operating profit was ¥8.331 billion, up 45.5%.」

「In the logistics business, the global supply chain disruption continued as ocean container shortages remained unresolved, constraining air-freight capacity as well. With ocean and air freight rates remaining high, EXPOLANKA HOLDINGS PLC, a consolidated subsidiary of the company, secured container space on a stable basis and responded to strong customer demand. In Japan, the company also undertook new projects, including 3PL, through comprehensive solution proposals under “GOAL.”」

「In the logistics business, the shortage of ocean containers remained unresolved and ocean and air freight rates continued to rise. EXPOLANKA HOLDINGS PLC, a consolidated subsidiary of the company, responded to customer demand by securing container space on a stable basis. In Japan, the company also undertook new projects, including 3PL, through comprehensive solution proposals under “GOAL.” As a result, operating revenue for the logistics segment in the nine months ended the third quarter was ¥326.696 billion, up 125.5% from the same period of the previous year, and operating profit was ¥31.138 billion, up 209.3%.」

「In the logistics business, the company responded to customer demand by securing container space on a stable basis while ocean and air freight rates remained high due to the lack of prospects for resolving the global shortage of ocean containers. In Japan, it also undertook new projects, including 3PL, through comprehensive solution proposals under “GOAL.”」

「In the logistics business, volumes increased by capturing strong demand from existing and new customers amid a global shortage of ocean containers.」

「In the consolidated fiscal year under review, operating revenue was ¥207.808 billion, up 53.0% year on year. This reflected an increase in contracted 3PL projects in the logistics business, as well as the undertaking of emergency air shipments of personal protective equipment from Asia to the United States in the first half and the stable securing of ocean and air container space amid tight global container supply and demand in the second half.」

「In the logistics business, emergency international shipments of personal protective equipment overseas increased in the first half. From the second half, freight-forwarding profitability improved as volumes from existing customers recovered and the company secured container space amid tight container supply and demand.」

「In the logistics business, freight-forwarding volumes increased as a result of continuously undertaking emergency international shipments of personal protective equipment overseas from June 2020. Volumes that had declined due to lockdowns associated with the spread of infectious diseases also recovered.」

「In the logistics business, Shanghai Hongdi Logistics Technology Co., Ltd. became a consolidated subsidiary in March 2020. In international logistics, freight-forwarding volumes declined across a wide area due to lockdowns associated with the spread of infectious diseases, but emergency shipments of personal protective equipment increased.」

「In the logistics business, costs increased in Japan as a result of a review of facilities and other measures. Overseas, freight forwarding increased due to higher volumes from existing customers and the acquisition of new customers.」

「In the logistics business, freight forwarding increased.」

「In the logistics business, freight-forwarding volumes increased.」

「In the logistics business, performance was strong, supported by greater efficiency at logistics sites and higher freight-forwarding volumes.」

「In the logistics business, efficiency at domestic logistics sites and cross-border e-commerce transportation performed well. Overseas, freight-forwarding volumes increased as a result of stronger sales capabilities and expanded facilities.」

「In the final year of the Medium-Term Management Plan “First Stage 2018” (from the fiscal year ending March 2017 to the fiscal year ending March 2019), the Group worked to strengthen its solutions capabilities and expand its global logistics network, centered on the cross-Group sales strategy team “GOAL (GO Advanced Logistics).”」

「We will continue to promote the expansion of 3PL and international logistics through “GOAL,” as well as further expand sales of cross-border e-commerce shipments.」

「We further strengthened 3PL and end-to-end domestic and international logistics, centred on “GOAL,” which provides comprehensive logistics solutions.」