Results for this period
Interim period (second quarter)1 April 2026–30 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.
Higher revenue in the logistics business on strong cargo volumes, the impact of new tenants moving into major buildings in the real estate business, the elimination of head office relocation expenses incurred in the previous fiscal year, and the sale of the insurance agency business during the current fiscal year
Not applicable (Note on going concern: No applicable matters)
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | ¥165,541 million (YoY +12.6%) |
| Operating profit | ¥11,992 million (YoY +3.1%) |
| Ordinary income | ¥12,153 million (YoY +5.7%) |
| Profit attributable to owners of the parent | ¥6,770 million (YoY +21.1%) |
| Net income per share | ¥90.11 |
| Equity ratio | End of the current fiscal period 43.7 / End of previous period 45.7 |
| Total assets | ¥320,305 million |
| Net assets | ¥152,820 million |
| Cash flows from operating activities | ¥18,719 million |
| Cash flows from investing activities | ¥-7,959 million |
| Cash flows from financing activities | ¥-14,416 million |
| Cash and cash equivalents at end of period | ¥43,854 million |
| Full-year earnings forecast | Net Sales ¥330,000 million (YoY +10.2%) / Operating profit ¥24,000 million (YoY +8.5%) / Ordinary income ¥22,500 million (YoY +5.7%) / Net income ¥13,000 million (YoY +16.6%) |
| Revision to Earnings Forecast | Net Sales ¥316,000 million → ¥330,000 million（+4.4%） / Operating profit ¥23,000 million → ¥24,000 million（+4.3%） / Ordinary income ¥21,100 million → ¥22,500 million（+6.6%） / Net income ¥12,500 million → ¥13,000 million（+4.0%） |
| Annual Dividend Forecast | ¥49 → ¥52（+6.1%） |
| Payout ratio | Approximately 30% |
| Shareholder Return Policy | Flexible dividends linked to performance, based on a consolidated dividend payout ratio of 30% |
| Segment revenue | Logistics Business ¥161,000 million (YoY +12.1%), Real estate business ¥5,073 million (YoY +28.1%) |
| Segment profit | Logistics Business ¥12,754 million (YoY -0.8%), Real estate business ¥2,492 million (YoY +61.6%) |
| Depreciation and amortization | ¥5,813 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on transfer of business ¥600 million / Extraordinary loss Losses from natural disasters ¥129 million |
| Disclosure regarding the going concern assumption | Not applicable (Note on going concern: 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 companies / Excluded 0 companies / Company name No |
| Availability of Supplementary Financial Results Materials | Available |
| Availability of Financial Results Briefing | Available (for securities analysts and institutional investors) |
| Issued Shares at Period-End | 77,991,106 |
| Treasury Shares at Period-End | 3,187,321 |
| Factors Behind Changes in Business Performance | Higher revenue in the logistics business on strong cargo volumes, the impact of new tenants moving into major buildings in the real estate business, the elimination of head office relocation expenses incurred in the previous fiscal year, and the sale of the insurance agency business during the current fiscal year |
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.Cargo handling volumes in the logistics business remained firm, exceeding the initial assumptions, while the acquisition of new projects and the launch of new sites progressed smoothly, and various cost-reduction measures proved effective. In addition, non-operating income and expenses are expected to improve as a result of higher interest and dividend income and lower interest expenses.