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Revision of earnings forecasts9312THE KEIHIN CO.,LTD.Transportation and logistics

Notice Regarding Variance from the Forecast for the Interim Consolidated Accounting Period of the Fiscal Year Ending March 2027 and Revisions to the Full-Year Earnings Forecast

During the interim period, revenue, operating profit, ordinary profit and interim net income fell below the previous forecasts. Accordingly, the full-year forecast was lowered by ¥4,500 million for revenue, ¥500 million for operating profit, and ¥400 million each for ordinary profit and net income.

Worth reading
64In focus
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Direction
Deterioration
Direction inferred from the company’s description.
Scale
-4500
Millions of yen (change in full-year net sales)
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Full yearPrevious forecast published 12 May 2026
Net Sales51,000→46,500Millions of yen
-8.8%
Operating profit3,500→3,000Millions of yen
-14.3%
Ordinary income3,600→3,200Millions of yen
-11.1%
Profit attributable to owners of the parent3,400→3,000Millions of yen
-11.8%
Net income per share520.79→459.52Yen/sen
-11.8%

The 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.

Reason for the revision

The domestic logistics business is expected to remain generally solid during the second half of the year, but the international logistics business is expected to remain sluggish during the second half because the conflict in the Middle East is prolonged and exports of new vehicles from China continue to increase, among other factors.

Previous-period resultsRevenue ¥50,309 million, operating profit ¥3,427 million, ordinary profit ¥3,704 million, net income attributable to owners of the parent ¥2,537 million, basic earnings per share ¥388.74 (fiscal year ended March 2026)
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales51,000 Millions of yen → 46,500 Millions of yen(-8.8%)
Operating profit3,500 Millions of yen → 3,000 Millions of yen(-14.3%)
Ordinary income3,600 Millions of yen → 3,200 Millions of yen(-11.1%)
Profit attributable to owners of the parent3,400 Millions of yen → 3,000 Millions of yen(-11.8%)
Net income per share520.79 Yen/sen → 459.52 Yen/sen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Publication date of previous forecast12 May 2026
Previous-period resultsRevenue ¥50,309 million, operating profit ¥3,427 million, ordinary profit ¥3,704 million, net income attributable to owners of the parent ¥2,537 million, basic earnings per share ¥388.74 (fiscal year ended March 2026)
Reason for the revisionThe domestic logistics business is expected to remain generally solid during the second half of the year, but the international logistics business is expected to remain sluggish during the second half because the conflict in the Middle East is prolonged and exports of new vehicles from China continue to increase, among other factors.
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Details and amount of extraordinary lossDividend forecast revision

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.

In the international logistics business, handling volumes declined because a shortage of vessel capacity for car carriers resulted from increased exports of new vehicles from China, port congestion worldwide, slower operating speeds due to environmental regulations, and the normalization of detour routes due to the conflict in the Middle East. For the full year, the international logistics business is also expected to remain sluggish due to the prolonged conflict in the Middle East and the continued increase in exports of new vehicles from China.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Variance from the Forecast for the Interim Consolidated Accounting Period of the Fiscal Year Ending March 2027 and Revisions to the Full-Year Earnings Forecast | THE KEIHIN CO.,LTD. (9312) timely disclosure | Komori