Results for this period
Full year1 April 2025–31 March 2026Non-consolidated (standalone)Japanese GAAPThe width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Sluggish steel demand, declines in coastal and oceangoing cargo volumes, intensifying competition, cancellation of charter contracts and vessel suspensions, and persistently high fuel and vessel maintenance costs caused lower revenue and income in the shipping business. In contrast, increased volumes of imported food handled, a rise in export customs clearance filings, expansion of new customer relationships and orders for large spot projects drove higher revenue and income in the port transportation and warehousing business.
None (the notes on going concern state that there are no applicable matters)
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥13,389 million (YoY -2.5%) |
| Operating profit | ¥436 million (YoY -20.3%) |
| Ordinary income | ¥499 million (YoY -19.2%) |
| Profit attributable to owners of the parent | ¥397 million (YoY -8.8%) |
| Net income per share | ¥331.24 |
| Operating Margin | 3.3% |
| Equity ratio | End of the current fiscal period 43.3% / End of previous period 38.7% |
| Total assets | ¥13,042 million |
| Net assets | ¥5,653 million |
| Cash flows from operating activities | ¥521 million |
| Cash flows from investing activities | ¥-229 million |
| Cash flows from financing activities | ¥-568 million |
| Cash and cash equivalents at end of period | ¥1,702 million |
| Full-year earnings forecast | Net Sales ¥14,500 million (YoY +8.3%) / Operating profit ¥510 million (YoY +16.8%) / Ordinary income ¥540 million (YoY +8.0%) / Net income ¥400 million (YoY +0.7%) |
| Annual Dividend Forecast | ¥115 → ¥110（-4.3%） |
| Payout ratio | Fiscal year ending March 2026 33.2% / Fiscal year ending March 2027 (forecast) 33.0% |
| Segment revenue | Shipping Business ¥7,599 million (YoY -8.9%), Port transportation and warehousing business ¥5,789 million (YoY +7.6%) |
| Segment profit | Shipping Business ¥248 million (YoY -56.9%), Port transportation and warehousing business ¥188 million |
| Depreciation and amortization | ¥351 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥49 million, Relocation compensation ¥22 million / Extraordinary loss No ¥0 million |
| Disclosure regarding the going concern assumption | None (the notes on going concern state that there are no applicable matters) |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 1,224,000 shares |
| Treasury Shares at Period-End | 24,157 shares |
| Factors Behind Changes in Business Performance | Sluggish steel demand, declines in coastal and oceangoing cargo volumes, intensifying competition, cancellation of charter contracts and vessel suspensions, and persistently high fuel and vessel maintenance costs caused lower revenue and income in the shipping business. In contrast, increased volumes of imported food handled, a rise in export customs clearance filings, expansion of new customer relationships and orders for large spot projects drove higher revenue and income in the port transportation and warehousing business. |
Items this document does not state (6)
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.Sluggish steel demand, declining cargo volumes bound for China, South Korea and Taiwan, intensifying competition, cancellation of charter contracts and vessel suspensions, and persistently high fuel and vessel maintenance costs led to lower revenue and income. The port transportation business reported higher revenue and income, driven by increased volumes of imported food handled, a rise in export customs clearance filings, expansion of new customer relationships and orders for large spot projects, but this was insufficient to offset the declines in revenue and income in the shipping business.