Results for this period
Full year1 April 2025–31 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 increased mainly due to higher warehouse and port transportation revenue. Operating profit declined because of higher personnel and operating costs resulting from wage increases and rising prices, as well as real estate acquisition tax and other expenses related to newly acquired properties. Net income attributable to owners of the parent declined because compensation received recognized in the previous fiscal year exceeded the amount recognized in the current fiscal year.
None ("There are no applicable matters.")
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥196,244 million (YoY +1.5%) |
| Operating profit | ¥11,413 million (YoY -14.0%) |
| Ordinary income | ¥15,808 million (YoY -9.7%) |
| Profit attributable to owners of the parent | ¥17,668 million (YoY -11.9%) |
| Net income per share | ¥230.86 |
| Operating Margin | 5.8% |
| Equity ratio | End of the current fiscal period 61.2% / End of previous period 60.0% |
| Total assets | ¥513,098 million |
| Net assets | ¥325,072 million |
| Cash flows from operating activities | ¥28,162 million |
| Cash flows from investing activities | ¥-20,001 million |
| Cash flows from financing activities | ¥-14,303 million |
| Cash and cash equivalents at end of period | ¥39,070 million |
| Full-year earnings forecast | Net Sales ¥200,000 million (YoY +1.9%) / Operating profit ¥12,200 million (YoY +6.9%) / Ordinary income ¥16,100 million (YoY +1.8%) / Net income ¥17,200 million (YoY -2.6%) |
| Annual Dividend Forecast | ¥103 → ¥103（0.0%） |
| Payout ratio | 45.0% |
| Shareholder Return Policy | Dividends will be paid with annual dividends per share of ¥103 as the minimum and a dividend-on-equity (DOE) target of 3.5%–4.5%. |
| Segment revenue | Segment Logistics / Operating revenue ¥185,918 million / Year-on-year (%) ¥1.8 million, Segment Real Estate Business / Operating revenue ¥10,930 million / Year-on-year (%) ¥-3 million |
| Segment profit | Segment Logistics / Segment profit ¥13,538 million / Year-on-year (%) ¥-3.8 million, Segment Real Estate Business / Segment profit ¥4,383 million / Year-on-year (%) ¥-19 million |
| Depreciation and amortization | ¥11,129 million |
| Impairment loss | ¥32 million; logistics business and right-of-use assets in Hong Kong, among others |
| Breakdown of extraordinary income (loss) | Extraordinary income Item Gain on sale of non-current assets / Amount ¥852 million, Item Gain on sale of investment securities / Amount ¥5,618 million, Item Compensation received / Amount ¥5,132 million / Extraordinary loss Item Loss on Disposal of Fixed Assets / Amount ¥1,214 million, Item Impairment Losses / Amount ¥32 million |
| Disclosure regarding the going concern assumption | None ("There are 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 | 0 additions and 0 exclusions (no material change in the scope of consolidation during the period) |
| Material subsequent events | At a meeting held on 12 May 2026, the Board of Directors resolved matters relating to the acquisition of treasury shares. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 76,614,215 |
| Treasury Shares at Period-End | 400,075 |
| Factors Behind Changes in Business Performance | Revenue increased mainly due to higher warehouse and port transportation revenue. Operating profit declined because of higher personnel and operating costs resulting from wage increases and rising prices, as well as real estate acquisition tax and other expenses related to newly acquired properties. Net income attributable to owners of the parent declined because compensation received recognized in the previous fiscal year exceeded the amount recognized in the current fiscal year. |
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.Operating revenue increased mainly due to higher warehouse and port transportation revenue. Operating profit declined because of higher personnel and operating costs resulting from wage increases and rising prices, as well as real estate acquisition tax and other expenses related to newly acquired properties. Net income declined despite gains on the sale of investment securities and compensation received, because compensation received in the previous fiscal year exceeded the amount recognized in the current fiscal year.