Earnings Presentation Materials

Performance Overview

Consolidated revenue for the interim period was 44,474 million yen, an increase of 11.1% year-over-year. Operating income was 2,514 million yen, up 15.5%; ordinary income was 3,112 million yen, up 16.1%; and interim net income attributable to owners of parent was 4,709 million yen, up 43.3%, representing substantial profit growth. Strength in the logistics business, the consolidated contribution from Shibusawa World Transport Co., improved facility utilization rates, and price optimization efforts contributed to results. Special gains were affected by logistics facility relocation-related items and the acceleration of sales of strategic equity holdings.

Financial Strategy and Shareholder Returns

Pursuing improved capital efficiency and accelerating the reduction of strategic equity holdings. Aiming to achieve ROE of 10% or higher at an early stage. For shareholder returns, implementing a progressive dividend policy with a payout ratio of 50% or more and flexible repurchases of treasury stock. The medium-term plan targets nine consecutive years of dividend increases and improving capital efficiency with a goal of consolidated equity-to-asset ratio below 20%.