Results for this period
Full year1 April 2025 to 31 March 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.
Revenue and profit increased year on year due to higher handling volumes, mainly for air freight transportation, in the logistics business and the occupancy of new tenants in the multi-tenant MSH Nihombashi Hakozaki Building in the real estate business.
Not applicable (no matters to report in the notes on the going concern assumption)
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025 to 31 March 2026 |
| Net Sales | ¥299,472 million (YoY +6.7%) |
| Operating profit | ¥22,111 million (YoY +24.0%) |
| Ordinary income | ¥21,284 million (YoY +18.0%) |
| Profit attributable to owners of the parent | ¥11,151 million (YoY +11.1%) |
| Net income per share | ¥148.27 |
| Operating Margin | 7.4 |
| Equity ratio | End of the current fiscal period 45.7 / End of previous period 41.8 |
| Total assets | ¥310,706 million |
| Net assets | ¥157,093 million |
| Cash flows from operating activities | ¥23,697 million |
| Cash flows from investing activities | ¥-9,637 million |
| Cash flows from financing activities | ¥-3,416 million |
| Cash and cash equivalents at end of period | ¥47,698 million |
| Full-year earnings forecast | Net Sales ¥316,000 million (YoY +5.5%) / Operating profit ¥23,000 million (YoY +4.0%) / Ordinary income ¥21,100 million (YoY -0.9%) / Net income ¥12,500 million (YoY +12.1%) |
| Annual Dividend Forecast | ¥49 → ¥50（+2.0%） |
| Payout ratio | Fiscal year ending March 2026 33 / Forecast for the fiscal year ending March 2027 30 |
| Shareholder Return Policy | Flexible dividends linked to performance, based on a consolidated dividend payout ratio of 30% |
| Segment revenue | Logistics ¥291,963 million (YoY +6.1%) / Real Estate Business ¥8,631 million (YoY +28.6%) |
| Segment profit | Logistics ¥24,463 million (YoY +14.4%) / Real Estate Business ¥3,661 million (YoY +69.4%) |
| Regional sales | Fiscal year ended March 2025 Japan ¥204,224 million / Other regions ¥76,518 million |
| Depreciation and amortization | ¥11,406 million |
| Impairment loss | ¥0 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities 524 / Gain on sale of shares in an affiliated company 366 / Extraordinary loss Head office relocation costs 802 / Capital policy-related expenses 410 |
| Disclosure regarding the going concern assumption | Not applicable (no matters to report in the notes on the going concern assumption) |
| 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 | New Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person For securities analysts and institutional investors |
| Issued Shares at Period-End | 77,991,106 shares |
| Treasury Shares at Period-End | 1,182,633 shares |
| Factors Behind Changes in Business Performance | Revenue and profit increased year on year due to higher handling volumes, mainly for air freight transportation, in the logistics business and the occupancy of new tenants in the multi-tenant MSH Nihombashi Hakozaki Building in the real estate business. |
Items this document does not state (3)
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.In the logistics business, handling volumes increased mainly for air freight transportation. In the real estate business, the occupancy of new tenants in the multi-tenant MSH Nihombashi Hakozaki Building contributed to higher revenue and profit. For the next fiscal year, the Company expects a recovery in logistics handling volumes, expansion of new business, and a full-year contribution from new tenants in the real estate business, while identifying foreign exchange movements, labor shortages, persistently high resource prices, and the situation in the Middle East as risks.