Transition to a Global Logistics Company and Building Sustainable Earnings Power

「Recognizing the need to reconsider the Group's purpose as a corporate group in order to make further advances and achieve sustainable growth amid rapidly changing business conditions, the Group established its Group Philosophy, comprising PURPOSE, VISION and VALUES, in May 2022. It has also identified materialities with the aim of creating new value through its business activities and achieving sustainable growth for the Group and society, and formulated Medium-Term Management Plan 2022, covering the fiscal years ending March 2023 through March 2027, in alignment with these materialities.」

「There were no material changes during the interim consolidated accounting period to the management policies, management strategies or other matters established by the Group, comprising the Company and its affiliates.」

「There were no material changes during the cumulative second-quarter period to the management policies, management strategies or other matters established by the Group, comprising the Company and its affiliates.」

「There have been no material changes in the management policies, management strategies or other matters established by our group, comprising the Company and its affiliates, during the first quarter of the current consolidated cumulative period.」

「Amid these economic conditions, under the new five-year Medium-Term Management Plan 2022, covering the fiscal years ending March 2023 through March 2027, the Group is pursuing further growth through top-line growth by bringing together the Group's comprehensive capabilities, stronger operational competitiveness, and a stronger management base through active investment.」

「Recognizing the need to reconsider the Group's purpose as a corporate group in order to make further advances and achieve sustainable growth amid rapidly changing business conditions, the Group established a new Group Philosophy comprising Purpose, Vision and Values in May 2022 and formulated the five-year Medium-Term Management Plan 2022, covering the fiscal years ending March 2023 through March 2027.」

「There were no material changes during the cumulative third-quarter period to the management policies, management strategies or other matters established by the Group, comprising the Company and its affiliates.」

「As a result of these initiatives, the numerical targets were achieved for the fiscal year ended March 2021. The Group is now working on the development of overwhelming operational capabilities, the development of end-to-end integrated solution services, and ESG management as priority measures during its period of sustainable growth.」

「There were no material changes during the cumulative third-quarter period to the management policies, management strategies or other matters established by the Group, comprising the Company and its affiliates.」

「There were no material changes during the cumulative third-quarter period to the management policies, management strategies or other matters established by the Group, comprising the Company and its affiliates.」

「There have been no material changes in the management policies, management strategies or other matters established by our group, comprising the Company and its affiliates, during the first quarter of the current consolidated cumulative period.」

「Against the backdrop of a series of active business expansions, including investments in logistics facilities in Japan and overseas and M&A, our group has developed full-spectrum logistics capabilities that can address customers' increasingly diverse needs. Going forward, by leveraging these full-spectrum capabilities as an integrated logistics company and helping customers resolve issues across national, regional and industry boundaries, we aim to become a first-call company trusted by customers, while steadily moving toward reducing our dependence on the real estate business, which is a fundamental issue.」

「There were no material changes during the cumulative third-quarter period to the management policies, management strategies or other matters established by the Group, comprising the Company and its affiliates.」

「There were no material changes during the cumulative second-quarter period to the management policies, management strategies or other matters established by the Group, comprising the Company and its affiliates.」

「There have been no material changes in the management policies, management strategies or other matters established by our group, comprising the Company and its affiliates, during the first quarter of the current consolidated cumulative period.」

「Against the backdrop of a series of active business expansions, including investments in logistics facilities in Japan and overseas and M&A, our group has developed full-spectrum logistics capabilities that can address customers' increasingly diverse needs. Going forward, by leveraging these full-spectrum capabilities as an integrated logistics company and helping customers resolve issues across national, regional and industry boundaries, we aim to become a first-call company trusted by customers, while steadily moving toward reducing our dependence on the real estate business, which is a fundamental issue.」

「In May 2015, our group formulated the medium-term management plan MOVE 2015, with the fiscal year ending March 2018 as its final year, and implemented various measures, including focused investment in growth areas in Asia-Pacific, to move into a new stage as a global logistics company. Through a series of business expansions, including investments in logistics facilities in Japan and overseas and active M&A, we have completed the development of full-spectrum logistics capabilities that can address customers' increasingly diverse needs, and are steadily moving toward reducing our dependence on the real estate business, which is a fundamental issue.」

「Through a series of business expansions, including investments in logistics facilities in Japan and overseas and active M&A, we have completed the development of full-spectrum logistics capabilities that can address customers' increasingly diverse needs, and are steadily moving toward resolving the fundamental issue of reducing our dependence on the real estate business.」

「There have been no material changes in the issues that our group, comprising the Company and its affiliates, must address during the first quarter of the current consolidated cumulative period.」

「With the aim of achieving further growth as we move into a new stage as a global logistics company, our group has adopted the following business policies and is implementing specific measures: focused investment in growth areas in Asia-Pacific, creating group synergies and improving productivity, and optimizing the asset portfolio.」

「There have been no material changes in the issues that our group, comprising the Company and its affiliates, must address during the third quarter of the current consolidated cumulative period.」

「There have been no material changes in the issues that our group, comprising the Company and its affiliates, must address during the second quarter of the current consolidated cumulative period.」

「There have been no material changes in the issues that our group, comprising the Company and its affiliates, must address during the first quarter of the current consolidated cumulative period.」

「To build high-quality, sustainable earnings power, our group has formulated the medium-term management plan MOVE 2015, with the fiscal year ending March 2016 as its first year and the fiscal year ending March 2018 as its final year, based on the following business policies. We are working to achieve further growth as we move into a new stage as a global logistics company.」