Fiscal Year Ending March 2027 Second Quarter (Interim) Financial Summary

Overview of Results

Azuma Shipping Co., Ltd. posted consolidated net sales of 21,551,038 thousand yen for the second quarter of the fiscal year ending March 2027, an increase compared with the prior year. Operating income rose sharply to 918,208 thousand yen. Ordinary income was 955,993 thousand yen and net income was 706,694 thousand yen, showing a marked recovery from the low levels in the same period last year. By segment, logistics, shipping, real estate and other businesses contributed, with the logistics and shipping segments making particularly large contributions to profit. Full-year forecasts remain unchanged. The company continues to forecast a dividend of 3 yen at the end of the second quarter and 9 yen for the full year.

Outlook and Investor Implications

The strong interim performance is considered to be supported by progress on the medium-term plan including digitalization and productivity improvements, and the operating effect of newly built vessels such as cement carriers and bulk powder carriers. Going forward, the company will monitor risks such as yen appreciation, fuel price volatility and geopolitical risks, while continuing to secure appropriate freight rates and manage costs. Additional information will be disclosed based on supplementary materials following the earnings announcement.