Business Impact of COVID-19

「During the fiscal year, the Japanese economy was on a gradual recovery path as the disruption to economic activity caused by COVID-19 subsided, economic and social activity returned to normal, and companies' conditions and earnings improved amid efforts to emerge from prolonged deflation.」

「During the first half of the fiscal year, the Japanese economy was on a gradual recovery path as economic activity resumed both domestically and overseas following the COVID-19 pandemic, although」

「During the first quarter of the fiscal year, the Japanese economy was on a gradual recovery path as economic activity resumed both domestically and overseas following the COVID-19 pandemic, although」

「COVID-19, first identified at the end of 2019, was reclassified under the Infectious Diseases Control Law as a Category 5 disease on 8 May 2023. However, depending on future developments, it may affect the group's financial position and operating results.」

「During the first nine months of the fiscal year, the logistics services business was affected by logistics disruptions associated with the spread of COVID-19 and China's lockdowns. However, logistics disruptions are expected to ease gradually, and the impact of the lockdowns was limited to 天津木村進和物流有限公司, so the impact on full-year consolidated results is considered immaterial.」

「During the first half of the fiscal year, the logistics services business was affected by logistics disruptions associated with the spread of COVID-19 and China's lockdowns. However, logistics disruptions are expected to ease gradually, and the impact of the lockdowns was limited to 天津木村進和物流有限公司, so the impact on full-year consolidated results is considered immaterial.」

「During the first quarter of the fiscal year, the logistics services business was affected by logistics disruptions associated with the spread of COVID-19 and China's lockdowns. However, logistics disruptions are expected to ease gradually, and the impact of the lockdowns was limited to 天津木村進和物流有限公司, so the impact on full-year consolidated results is considered immaterial.」

「Although the group was affected by COVID-19, revenue was ¥41,771 million, up 11.8% year on year, due mainly to an increase in order volumes from major customers in the logistics services business, among other factors.」

「Although the group was affected by COVID-19, revenue was ¥26,948 million, up 13.1% year on year, due mainly to an increase in order volumes from major customers in the logistics services business, among other factors.」

「Although the group was affected by COVID-19, revenue was ¥13,668 million, up 20.8% year on year, due mainly to an increase in order volumes from major customers in the logistics services business, among other factors.」

「The group's consolidated operating results for the fiscal year were significantly affected, particularly in the first quarter, by the impact of major customers' factories and other facilities being shut down due to COVID-19 from the end of the previous fiscal year, as described in (1) Overview of Operating Results, etc. As a result, both revenue and operating profit declined year on year.」

「Although signs of recovery emerged in the latter half of the second quarter, the impact of COVID-19 remained significant. Revenue was ¥37,367 million, down 7.0% year on year, operating profit was ¥1,624 million, down 14.1% year on year, ordinary profit was ¥1,793 million, down 13.0% year on year, and net profit attributable to owners of the parent was ¥1,043 million, down 20.6% year on year.」

「Revenue in the logistics services business was ¥23,837 million, down 10.2% year on year, due mainly to lower order volumes resulting from the impact of COVID-19, among other factors. Revenue was ¥7,048 million, down 8.1% year on year, due to fewer customers visiting stores and shorter business hours amid the impact of COVID-19, as well as a decline in vehicle sales volumes at domestic subsidiary 株式会社スーパージャンボ, among other factors. Revenue in the information services business was ¥587 million, down 15.8% year on year, due mainly to requests from major customers to postpone system development, among other factors. Revenue in the human resources services business was ¥266 million, up 0.2% year on year, as the company focused on active sales expansion and acquiring new customers while staffing adjustments at customer sites and a review of hiring plans were taking place due to the impact of COVID-19, among other factors.」

「Revenue was ¥11,314 million, down 14.4% year on year, due mainly to lower order volumes in the logistics services business resulting from the spread of COVID-19, among other factors. Operating loss was ¥131 million, mainly in the logistics services business, due to the effects of lower order volumes, compared with operating profit of ¥505 million in the previous fiscal year.」

「The spread of COVID-19 late in the fiscal year has resulted in temporary suspension of operations in the logistics services business, fewer visiting customers and shorter business hours in the automotive services business, requests from customers to postpone system development in the information services business, and staffing adjustments at customer sites and a review of hiring plans in the human resources services business. The situation remains uncertain.」