Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 12 February 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
Revenue is expected to decline slightly from the previous forecast, while operating profit, ordinary profit and net income attributable to owners of the parent are expected to exceed the previous forecasts, due to domestic cargo volumes remaining somewhat sluggish in the fourth quarter and a decrease in estimated one-time expenses, among other factors.
| Item | Details |
|---|---|
| Net Sales | ¥126,000 million → ¥125,510 million（-0.4%） |
| Operating profit | ¥7,900 million → ¥8,540 million（+8.1%） |
| Ordinary income | ¥8,800 million → ¥9,480 million（+7.7%） |
| Profit attributable to owners of the parent | ¥6,100 million → ¥6,590 million（+8.0%） |
| Net income per share | 97.52 yen and sen → 105.43 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 12 February 2026 |
| Previous-period results | Consolidated revenue: ¥124,765 million; consolidated operating profit: ¥7,805 million; consolidated ordinary profit: ¥8,806 million; net income attributable to owners of the parent: ¥6,041 million; earnings per share: ¥95.75 (fiscal year ended March 2025) |
| Reason for the revision | Revenue is expected to decline slightly from the previous forecast, while operating profit, ordinary profit and net income attributable to owners of the parent are expected to exceed the previous forecasts, due to domestic cargo volumes remaining somewhat sluggish in the fourth quarter and a decrease in estimated one-time expenses, among other factors. |
| Dividend forecast revision | The year-end dividend forecast was increased from ¥20.50 to ¥24.50, and the annual dividend forecast was increased from ¥39.00 to ¥43.00. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
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.Revenue is expected to decline slightly because domestic cargo volumes remained somewhat sluggish in the fourth quarter. Operating profit, ordinary profit and net income attributable to owners of the parent are expected to exceed the previous forecasts, mainly because estimated one-time expenses decreased. The dividend forecast was revised in line with the earnings forecast under the policy of using the higher of a 40% payout ratio or a 2.0% dividend-on-equity ratio as a guideline.