No category-specific facts could be extracted from this document.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Operating revenue increased due to growth in the domestic and international logistics businesses. Profit declined because personnel expenses, taxes and dues, J-ESOP implementation costs, goodwill amortization, interest expenses and M&A-related acquisition costs, among others, increased. In domestic logistics, the decline in the volume of warehouse cargo handled had an impact, while in international logistics, the international transport handling business, the partial leasing of overseas warehouse sites and the increase in M&A subsidiaries had an impact.