Revised forecast
Fiscal year ending March 2027 · Full yearPrevious forecast published 15 May 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.
Delayed recovery in sales after the closure and consolidation of fulfillment centers, postponement of promotional plans by major shippers, lower handling volume, expected weakness in cargo movements in the second half, and delays in acquiring new customers. On the profit side, weak demand and fluctuations in volume, under-absorption of fixed costs, lower productivity resulting from an imbalance in staffing, increases in per-unit labor costs, temporary employment costs, staffing agency fees, transportation costs and auxiliary materials costs, recognition of an impairment loss, and the time required for the effects of business-structure reforms to materialize.
Impairment loss of ¥273 million on fulfillment centers, shared assets and other assets (impairment loss associated with the renewal of software)
| Item | Details |
|---|---|
| Net Sales | ¥10,305 million → ¥8,200 million（-20.4%） |
| Operating profit | ¥57 million → ¥-660 million |
| Ordinary income | ¥28 million → ¥-660 million |
| Profit attributable to owners of the parent | ¥8 million → ¥-950 million |
| Net income per share | ¥0.5 / sen → ¥-59.96 / sen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 15 May 2026 |
| Previous-period results | Fiscal year ended March 2026: net sales ¥9,550 million, operating loss ¥132 million, ordinary loss ¥185 million, net loss ¥209 million, earnings per share: negative ¥16.95 |
| Reason for the revision | Delayed recovery in sales after the closure and consolidation of fulfillment centers, postponement of promotional plans by major shippers, lower handling volume, expected weakness in cargo movements in the second half, and delays in acquiring new customers. On the profit side, weak demand and fluctuations in volume, under-absorption of fixed costs, lower productivity resulting from an imbalance in staffing, increases in per-unit labor costs, temporary employment costs, staffing agency fees, transportation costs and auxiliary materials costs, recognition of an impairment loss, and the time required for the effects of business-structure reforms to materialize. |
| Details and amount of extraordinary loss | Impairment loss of ¥273 million on fulfillment centers, shared assets and other assets (impairment loss associated with the renewal of software) |
Items this document does not state (2)
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.The reasons for revising the sales forecast were that the recovery in sales after the closure and consolidation of fulfillment centers was slower than expected, handling volume declined from July to August as some major shippers postponed their promotional plans, client cargo movements are expected to remain below plan in the second half, and new customer acquisition did not progress as planned. The reasons on the profit side were weak demand and the under-absorption of fixed costs caused by fluctuations in volume, lower productivity resulting from an imbalance in staffing, increases in per-unit labor costs, temporary employment costs, staffing agency fees, transportation costs and auxiliary materials costs, recognition of an impairment loss of ¥273 million, and the time required for higher costs and the effects of business-structure reforms to materialize.