Financial Results Explanation Materials for the Fiscal Year Ending March 2026

Overview of Financial Results for the Fiscal Year Ending March 2026

The fiscal year ending March 2026 achieved operating revenue of 1,644.7 billion yen (up 111.2% YoY) and operating income of 90.2 billion yen (up 102.7% YoY), reflecting revenue growth and profit increase. The delivery business expanded transaction volume through cross-border e-commerce, and the logistics business improved profitability by appropriate fee collection and productivity enhancements. The global logistics business maintained solid performance with Morrison's early group integration, while performance for Exporlanca deteriorated due to U.S. trade policy impacts. Asset efficiency measures were also implemented, securing net income of 59.0 billion yen as forecasted.

Forecast for the Fiscal Year Ending March 2027 and Progress on Medium-Term Management Plan

For the fiscal year ending March 2027, the company forecasts operating revenue of 1,740.0 billion yen (up 106% YoY) and operating income of 97.0 billion yen (up 107% YoY). The delivery business plans to increase transaction volume through expanded growth areas, while the logistics business will focus on continuous appropriate fee collection and acquiring new projects. The global logistics segment will undertake structural reforms and create synergies in forwarding services. The medium-term management plan maintains strategic focus while promoting profitability improvements and strengthening growth foundations. The target ROE is 11.0%, with efforts to optimize financial leverage and capital efficiency.