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Financial results presentation9322KAWANISHI WAREHOUSE CO.,LTD.Transportation and logistics

Financial Results Presentation for the Interim Period of the Fiscal Year Ending March 2027

For the interim period of the fiscal year ending March 2027, operating revenue increased 12.8% year on year, driven by growth in domestic and international logistics and the effects of M&A. However, operating profit decreased 28.3% due to increases in personnel expenses, goodwill amortization and interest expenses, among others, while interim net income also decreased 31.7%.

Worth reading
44Recurring
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Direction
Mixed performance
Direction inferred from the company’s description.
Scale
12.8
Year-on-year change in operating revenue (%)
Wording
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The reasons the company gives

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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.

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