Fiscal Year Ending March 2027 — Second Quarter Financial Presentation Materials

Performance Overview

In the second quarter of the fiscal year ending March 2027, revenue achieved a substantial year-over-year increase of approximately 20%. Supported by solid performance in international shipping, port operations, and warehousing, these segments offset weakness in domestic coastal shipping and sustained overall growth. Interim net income increased by about 35%. The full-year outlook has been revised upward, with revenue expected at 16,500 hundred million yen, operating income at 530 million yen, ordinary income at 600 million yen, and net income at 440 million yen.

Segment Trends and Outlook

Domestic coastal shipping remained weak due to sluggish demand for steel products. Conversely, international shipping recorded a large revenue increase, and port operations and warehousing showed steady performance. Profitability in international shipping improved with the acquisition of new spot contracts bound for the Middle East and other new projects. The full-year forecast was revised upward due to an increase in large orders such as construction machinery and contributions from dividend income and fees. Although market conditions remain uncertain, the company aims for growth by strengthening integrated logistics capabilities and improving efficiency through AI and digitalization.