Mitsubishi Logistics revised its full-year ordinary profit forecast for the fiscal year ending March 2027 down from the previous forecast of ¥21.6 billion to ¥19.6 billion, indicating that full-year profit is expected to decline 9.1%. In addition, ordinary profit for July-September rose 23.7% year on year to ¥5.11 billion, while ordinary profit for the second half is expected to be ¥9.08 billion, down 18.9% year on year.
Mitsubishi Logistics posted consolidated ordinary profit of ¥10.5 billion for the cumulative second quarter (April-September), up 1.5% year on year. The operating profit margin on sales improved from 5.3% to 5.9%.
Based on first-half results and the full-year plan, the company revised its full-year ordinary profit forecast from ¥21.6 billion to ¥19.6 billion (¥21.5 billion in the previous fiscal year), resulting in a full-year forecast for a 9.1% decline in profit.
For the most recent three months, ordinary profit for July-September was ¥5.11 billion, up 23.7% year on year, while ordinary profit for the second half is expected to be ¥9.08 billion. The entire text is based on numerical data published by the company.