ZERO Co., Ltd.
2026 June Term Interim Earnings Presentation
For the second quarter of the fiscal year ending June 2026, revenue was JPY 65.841 billion (95.5% YoY), operating income was JPY 4.436 billion (89.6% YoY), and the interim dividend increased by 130.2% YoY to JPY 56.0 per share.
Key Figures
- Revenue: JPY 65,841 million (95.5% Year-over-Year)
- Operating Income: JPY 4,436 million (89.6% Year-over-Year)
- Interim Dividend: JPY 56.0/share (130.2% Year-over-Year increase)
AI要約
Overview of Performance
For the second quarter of the fiscal year ending June 2026, revenue was JPY 65,841 million (95.5% YoY), operating income was JPY 4,436 million (89.6% YoY), and operating margin was 6.7% (down 0.5 points YoY). Net income attributable to owners of the parent was JPY 3,037 million (86.7% YoY), with basic interim earnings per share of JPY 179.11. Meanwhile, the interim dividend increased 130.2% YoY to JPY 56.0 per share. The revenue decline was due to sluggish new vehicle demand and reduced transport volumes; however, the margin contraction was mitigated through targeted operating activities focused on gross profit and strong performance in the non-vehicle transportation business.
Business Composition and Segment Trends
Revenue comprises 50% from domestic automotive-related business at JPY 33.1 billion, 26% from overseas-related business at JPY 17.3 billion, 18% from human resources business at JPY 11.9 billion, and 5% from general cargo business at JPY 3.4 billion. The domestic automotive-related segment involves new and used car transportation, maintenance, and rental construction equipment repositioning. The human resources business mainly focuses on expanding dispatching of drivers and light laborers. Overseas-related business centers primarily on used car exports to Malaysia and new car transportation within China.
Outlook and Initiatives
The full-year earnings forecast remains unchanged, with expected revenue of JPY 79.2 billion and operating income of JPY 5.9 billion in the second half. Due to seasonality, results tend to concentrate in the latter half. Efforts to revise transport routes, shorten vehicle retention periods, and effectively utilize site land will enhance cost reduction and transportation efficiency. While profit is reduced by upfront investments and system renewals, these accelerate foundation strengthening in the latter phase of the medium-term management plan. For improving safety and quality, swift response to fire and railroad crossing incidents is implemented with recurrence prevention measures in place.
