Results for this period
Interim period (second quarter)1 April 2026 to 30 September 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.
Orders for spot projects bound for the Middle East in the ocean shipping business, increased import customs clearance transactions and efforts concerning large project cargo in the port transportation business, and price revisions, the acquisition of new cargo and an increase in the handling of hazardous materials in the warehousing business contributed to higher revenue and profit. In the domestic shipping segment of the marine transportation business, however, sluggish domestic demand for steel products, production stoppages resulting from customers' equipment replacement work, persistently high time-charter hire and fuel costs, and periods of idleness for company-owned vessels led to lower revenue and profit.
Not applicable
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥7,954 million (YoY +19.7%) |
| Operating profit | ¥234 million (YoY +6.1%) |
| Ordinary income | ¥286 million (YoY +10.8%) |
| Profit attributable to owners of the parent | ¥242 million (YoY +35.9%) |
| Net income per share | ¥201.99 |
| Equity ratio | End of the current fiscal period 43.9 / End of previous period 43.3 |
| Total assets | ¥13,588 million |
| Net assets | ¥5,962 million |
| Cash flows from operating activities | ¥377 million |
| Cash flows from investing activities | ¥-218 million |
| Cash flows from financing activities | ¥-81 million |
| Cash and cash equivalents at end of period | ¥1,777 million |
| Full-year earnings forecast | Net Sales ¥16,500 million (YoY +23.2%) / Operating profit ¥530 million (YoY +21.4%) / Ordinary income ¥600 million (YoY +20.1%) / Net income ¥440 million (YoY +10.8%) |
| Annual Dividend Forecast | ¥110 → ¥110（0.0%） |
| Segment revenue | Shipping Business ¥4,750 million, Port transportation and warehousing business ¥3,203 million |
| Segment profit | Shipping Business ¥173 million, Port transportation and warehousing business ¥275 million |
| Depreciation and amortization | ¥175 million |
| Impairment loss | Not applicable |
| Breakdown of extraordinary income (loss) | Extraordinary income Relocation compensation ¥40 million, Gain on sale of non-current assets ¥29 million / Extraordinary loss Not applicable |
| Disclosure regarding the going concern assumption | Not applicable |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Availability of Supplementary Financial Results Materials | None |
| Availability of Financial Results Briefing | None |
| Issued Shares at Period-End | 1,224,000 Shares |
| Treasury Shares at Period-End | 26,457 Shares |
| Factors Behind Changes in Business Performance | Orders for spot projects bound for the Middle East in the ocean shipping business, increased import customs clearance transactions and efforts concerning large project cargo in the port transportation business, and price revisions, the acquisition of new cargo and an increase in the handling of hazardous materials in the warehousing business contributed to higher revenue and profit. In the domestic shipping segment of the marine transportation business, however, sluggish domestic demand for steel products, production stoppages resulting from customers' equipment replacement work, persistently high time-charter hire and fuel costs, and periods of idleness for company-owned vessels led to lower revenue and profit. |
Items this document does not state (8)
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 economy remained on a moderate recovery path, supported by progress in wage increases and growth in inbound tourism and AI-related demand. In the ocean shipping business, orders for spot projects bound for the Middle East contributed to higher revenue, while in the port transportation business, efforts were made to increase the number of import customs clearance transactions and secure orders for large project cargo. In the warehousing business, price revisions, the acquisition of new cargo and an increase in the handling of hazardous materials contributed to results. In addition, special gains included ¥40 million in relocation compensation associated with the relocation of the Tokyo branch and a ¥29 million gain on the sale of company-owned vessels.