Results for this period
First quarter1 April 2026 to 30 June 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.
The logistics business recorded higher revenue as cargo volumes recovered, but profit declined due to a decline from the high-value-added air freight demand seen in the previous fiscal year, a time lag in collecting appropriate charges in response to higher freight rates, and higher costs. The real estate business recorded higher revenue and profit due to the occupancy of new tenants. Quarterly net income increased due to the sale of the insurance agency business.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥80,697 million (YoY +9.6%) |
| Operating profit | ¥5,696 million (YoY -10.8%) |
| Ordinary income | ¥6,018 million (YoY -7.8%) |
| Profit attributable to owners of the parent | ¥3,696 million (YoY +12.9%) |
| Net income per share | ¥48.97 |
| Equity ratio | End of the current fiscal period 43.7 / End of previous period 45.7 |
| Total assets | ¥312,170 million |
| Net assets | ¥148,692 million |
| Cash flows from operating activities | ¥8,603 million |
| Cash flows from investing activities | ¥-3,945 million |
| Cash flows from financing activities | ¥-11,871 million |
| Cash and cash equivalents at end of period | ¥41,191 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%) |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | ¥49 → ¥50 |
| Segment revenue | Logistics ¥78,434 million (YoY +9.0%) / Real Estate Business ¥2,533 million (YoY +29.4%) |
| Segment profit | Logistics ¥6,040 million (YoY -12.7%) / Real Estate Business ¥1,266 million (YoY +62.8%) |
| Depreciation and amortization | ¥2,887 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Item Gain on business transfer / Amount ¥600 million / Extraordinary loss Not disclosed |
| Disclosure regarding the going concern assumption | 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 | New 0 / Excluded 0 / Name of newly added company Not disclosed / Excluded 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 |
| Treasury Shares at Period-End | 3,204,080 |
| Factors Behind Changes in Business Performance | The logistics business recorded higher revenue as cargo volumes recovered, but profit declined due to a decline from the high-value-added air freight demand seen in the previous fiscal year, a time lag in collecting appropriate charges in response to higher freight rates, and higher costs. The real estate business recorded higher revenue and profit due to the occupancy of new tenants. Quarterly net income increased due to the sale of the insurance agency business. |
Items this document does not state (7)
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, revenue increased as cargo volumes recovered. Profit declined, however, due to a decline from the high-value-added air freight demand seen in the previous fiscal year, a time lag in collecting appropriate charges in response to higher freight rates, and higher costs resulting from rising freight rates. The real estate business recorded higher revenue and profit due to the occupancy of new tenants at the MSH Nihonbashi-Hakozaki Building. Quarterly net income increased due to the sale of the insurance agency business.