Expansion of Business Scale and Overseas Business

「物流事業での航空貨物や建設機械の輸出取扱量、製鉄関連の作業量等が増加したことにより当中間連結会計期間における売上高は16,826百万円（前年同期比3.2％増）」

「As a result, revenue from this business was ¥22,758 million, up 4.5% year on year, and operating profit was ¥2,221 million, up 12.3%.」

「In the Transportation Division, revenue was ¥6,904 million (up 3.2% year on year), as increases in price revisions in response to higher logistics costs and crane work volumes related to large-diameter steel pipes, reflecting domestic demand trends, outweighed declines in transportation volumes for construction machinery and reinforcing steel, among other products. As a result, revenue from this business was ¥11,252 million (up 2.2% year on year), and segment profit was ¥1,262 million (up 12.3% year on year).」

「As a result, revenue from this business was ¥21,776 million (down 1.2% year on year), and segment profit was ¥1,977 million (down 0.8% year on year).」

「In the Transportation Division, revenue was ¥6,690 million (up 1.0% year on year), owing to price revisions implemented mainly in response to higher logistics costs against the backdrop of the 2024 problem. As a result, revenue from this business was ¥11,014 million (up 0.9% year on year), while segment profit was ¥1,124 million (down 2.0% year on year), owing to increases in personnel expenses and depreciation expenses related to capital investment, among other factors.」

「As a result, revenue from this business was ¥16,672 million (down 2.8% year on year), while segment profit was ¥1,651 million (up 4.2% year on year), owing to lower outsourcing costs, among other factors.」

「As a result, revenue from this business was ¥10,919 million (down 3.3% year on year), while segment profit was ¥1,147 million (up 10.0% year on year), owing to lower outsourcing costs, among other factors.」

「As a result, revenue from this business was ¥5,431 million (down 3.9% year on year), while segment profit was ¥577 million (up 5.5% year on year), owing to lower outsourcing costs, among other factors.」

「As a result, revenue from this business was ¥22,453 million (down 0.8% year on year), and segment profit was ¥1,971 million (down 0.6% year on year).」

「As a result, revenue from this business was ¥17,147 million (up 0.9% year on year), while segment profit was ¥1,585 million (down 0.7% year on year), owing to higher costs associated with the surge in fuel prices, among other factors.」

「As a result, revenue from this business was ¥11,294 million (up 0.3% year on year), while segment profit was ¥1,043 million (down 11.3% year on year), owing to higher costs associated with the surge in fuel prices, among other factors.」

「As a result, revenue from this business was ¥5,649 million (down 0.0% year on year), while segment profit was ¥547 million (down 13.4% year on year), partly due to increases in personnel and fuel costs.」

「As a result, revenue from this business was ¥22,633 million (up 13.6% year on year), and segment profit was ¥1,983 million (up 25.3% year on year).」

「As a result, revenue from this business was ¥16,986 million (up 14.6% year on year), and segment profit was ¥1,596 million (up 37.5% year on year).」

「In the Transportation Division, revenue was ¥6,554 million (up 20.3% year on year), owing to an increase in transportation volumes handled for construction machinery and steel-related products, among other factors. As a result, revenue from this business was ¥11,258 million (up 17.6% year on year), and segment profit was ¥1,175 million (up 64.3% year on year).」

「In the Transportation Division, revenue was ¥3,258 million (up 21.8% year on year), owing to an increase in the volume of construction machinery-related transportation handled, associated with higher exports of construction machinery and the acquisition of new projects. As a result, revenue from this business was ¥5,650 million (up 19.0% year on year), and segment profit was ¥632 million (up 78.4% year on year).」

「As a result, for the nine months ended the third quarter, revenue was ¥30,914 million (down 14.6% year on year), operating profit was ¥832 million (down 58.4% year on year), ordinary profit was ¥1,134 million (down 45.4% year on year), and net income attributable to owners of the parent was ¥578 million (down 51.2% year on year).」

「For the six months ended the second quarter, consolidated revenue was ¥14,518 million (down 22.5% year on year), operating loss was ¥1,170 million (compared with operating profit of ¥86 million in the same period of the previous year), ordinary loss was ¥928 million (compared with ordinary profit of ¥142 million in the same period of the previous year), and net loss attributable to owners of the parent was ¥749 million (compared with net loss attributable to owners of the parent of ¥1 million in the same period of the previous year).」

「Revenue from this business was ¥4,747 million (down 16.6% year on year), and segment profit was ¥354 million (down 25.0% year on year).」

「We brought operations for new customers onto a stable footing and worked to expand and enhance the scope of services in response to business expansion and challenges faced by existing customers.」

「In the Warehouse Division, revenue was ¥1,224 million (up 22.2% year on year), partly due to the acquisition of new shippers. In the Port Forwarding Division, revenue was ¥4,910 million (down 7.4% year on year), owing to a decline in steelmaking-related work, a decline in export steel volumes handled affected by Chinese policy measures and a decline in spot air-freight projects, among other factors. In the Transportation Division, revenue was ¥9,708 million (up 1.3% year on year), owing to increases in steel-related transportation volumes and domestic transportation volumes for construction machinery. In the 3PL (third-party logistics) Division, revenue was ¥1,073 million (up 0.1% year on year), remaining broadly in line with the previous year. As a result, revenue from this business was ¥16,915 million (down 0.3% year on year), while segment profit was ¥1,300 million (up 25.8% year on year), owing to a lower amortization burden with the passage of time, lower outsourcing costs resulting from more efficient use of machinery and vehicles owned by the company, and a decline in retirement benefit expenses associated with the transition to a retirement benefit system, among other factors.」

「In the Warehouse Division, revenue was ¥798 million (up 29.3% year on year), partly due to the acquisition of new shippers. In the Port Forwarding Division, revenue was ¥3,186 million (down 6.8% year on year), owing to a decline in export steel volumes handled affected by Chinese policy measures and a decline in spot air-freight projects, among other factors. In the Transportation Division, revenue was ¥6,668 million (up 6.6% year on year), owing to increases in steel-related transportation volumes and domestic transportation volumes for construction machinery. In the 3PL (third-party logistics) Division, revenue was ¥693 million (up 1.8% year on year), remaining broadly in line with the previous year. As a result, revenue from this business was ¥11,347 million (up 3.4% year on year).」

「In the Warehouse Division, revenue was ¥393 million (up 34.6% year on year), partly due to the acquisition of new shippers. In the Port Forwarding Division, revenue was ¥1,635 million (down 7.6% year on year), owing to a decline in export steel volumes handled affected by Chinese policy measures, a decline in spot air-freight projects and a decline in construction machinery exports handled, among other factors. In the Transportation Division, revenue was ¥3,325 million (up 6.3% year on year), owing to increases in steel-related transportation volumes and domestic transportation volumes for construction machinery. In the 3PL (third-party logistics) Division, revenue was ¥340 million (up 4.7% year on year), remaining broadly in line with the previous year. As a result, revenue from this business was ¥5,694 million (up 3.3% year on year), while segment profit was ¥472 million (up 32.1% year on year), owing to lower outsourcing costs resulting from more efficient use of machinery and vehicles owned by the company and a decline in retirement benefit expenses associated with the transition to a retirement benefit system, among other factors.」

「We worked to expand and enhance the scope of services by introducing special-purpose vehicles and making flexible use of warehouses, in response to business expansion and challenges faced by existing customers.」

「① Logistics Business In the Warehouse Division, revenue was ¥1,002 million (down 39.9% year on year), partly due to a decline in spot work and the relocation of shippers following contract expirations. In the Port Forwarding Division, despite a decline in export steel volumes handled, revenue was ¥5,304 million (up 7.1% year on year), owing to increases in air cargo volumes handled and construction machinery export volumes, among other factors. In the Transportation Division, despite an increase in steel-related transportation volumes, revenue was ¥9,580 million (down 2.8% year on year), partly due to a decline in the number of stores handled by distribution centers. In the 3PL (third-party logistics) Division, revenue was ¥1,072 million (up 4.1% year on year), as the volume handled by logistics centers increased. As a result, revenue from this business was ¥16,959 million (down 3.2% year on year), and segment profit was ¥1,033 million (down 7.9% year on year).」

「As a result, revenue from this business was ¥10,974 million (down 4.7% year on year), and segment profit was ¥633 million (down 21.6% year on year).」

「As a result, revenue from this business was ¥5,513 million (down 4.1% year on year), while segment profit was ¥357 million (down 24.5% year on year), partly due to increases in personnel expenses and depreciation expenses related to capital investment.」

「In the Transportation Division, revenue was ¥13,073 million (up 14.0% year on year), owing to an increase in the volume of construction machinery transported and the number of stores handled by distribution centers, among other factors.」

「In the Transportation Division, revenue was ¥9,858 million (up 18.2% year on year), owing to an increase in the volume of construction machinery and other goods handled and an increase in the number of stores handled by distribution centers, among other factors.」

「In the Transportation Division, revenue was ¥6,462 million (up 20.3% year on year), owing to an increase in the volume of construction machinery and other goods handled, as well as an increase in the number of stores handled by distribution centers, among other factors. As a result, revenue from this business was ¥11,512 million (up 11.9% year on year).」

「In the Transportation Division, revenue was ¥3,161 million (up 21.1% year on year), owing to increases in the volume of construction machinery and other goods handled, spot transportation and the number of stores handled by distribution centers, among other factors.」

「In the Transportation Division, revenue was ¥11,464 million (up 6.1% year on year), owing to the acquisition of new steel and raw-material transportation contracts and an increase in the number of stores handled by distribution centers, among other factors.」

「② Real Estate Business In this business, with the start of operations at a new logistics center, revenue was ¥942 million ( up 4.4% year on year ), and segment profit was ¥405 million ( up 10.7% year on year ).」

「(3) Business Scale Expansion We will work to expand sales through in-depth marketing aimed at expanding the service scope provided to existing customers, while closely monitoring economic conditions in countries around the world and pursuing the expansion of our overseas operations.」