Expansion of the Real Estate Leasing Business and Broad Pursuit of New Businesses

「Under these circumstances, the Group has provided services as a company supporting logistics infrastructure, including by establishing a New Energy Projects Division as part of the "Development of New Businesses" identified as one of the key strategies in its medium-term management plan.」

「Under these circumstances, the Group has worked to strengthen its business foundation and provide services as a company supporting logistics infrastructure, with the aim of achieving the targets of its medium-term management plan. It newly opened a multipurpose logistics center at Tokyo Port in anticipation of growing demand for temperature-controlled cargo, including imported fruits and vegetables, grain and food products, and newly commenced the handling of silo storage and transportation of environmentally friendly biomass fuel for power plants as a new business.」

「Under these circumstances, the Group has worked to strengthen its business foundation and provide services as a company supporting logistics infrastructure, including by newly commencing the handling of fuel transportation for biomass power plants as a new business, with the aim of achieving the targets set out in the revised medium-term management plan disclosed on 13 May 2022.」

「Total capital investment for the current consolidated fiscal year was ¥11,401 million, mainly comprising logistics facilities such as the aforementioned refrigerated warehouse in Kobe and a vehicle storage yard at Shiomi Pier in Nagoya, the construction of rental apartments in Shibushi, Kagoshima Prefecture, and the purchase of vehicles, cargo-handling equipment and other items.」

「With respect to capital investment, we are making investments focused on rationalization and labor saving to further differentiate ourselves from other companies and maintain and improve our competitiveness. Total capital investment for the current consolidated fiscal year was ¥9,610 million, mainly comprising logistics facilities such as a feed warehouse in Shibushi, Kagoshima Prefecture, and a temperature-controlled warehouse in Kurashiki, Okayama Prefecture, the construction of rental apartments in Nagoya, and the purchase of vehicles, cargo-handling equipment and other items.」

「As part of the effective use of management resources, we will strengthen our broad initiatives in new businesses based on flexible thinking, including the expansion of the real estate leasing business, and pursue a continuous growth strategy that leverages the characteristics of each group company.」