Financial Summary for the Second Quarter of Fiscal Year Ending March 2027 (Interim) [Japanese Standards] (Consolidated)

Overview of Results

For the second quarter of the fiscal year ending March 2027, revenue was 1,505,025 million yen, operating income was 114.8 billion yen, ordinary income was 213.2 billion yen, and net income attributable to owners of parent for the interim period was 203.4 billion yen, representing significant year-over-year increases. Under the assumptions for foreign exchange and fuel prices, equity-method investment gains and other non-recurring gains contributed, and segments showed a firm recovery. The financial position remains stable with total assets of 5,676,677 million yen, an equity ratio of 56.3%, and cash and cash equivalents of 248.7 billion yen. The consolidated interim forecast aligns with the assumptions disclosed in October, and the Company views the full-year profit level under those exchange rate and fuel assumptions as still reasonable.

Segment Trends and Outlook

The Company operates in the liner, logistics, car carrier, dry bulk, energy and other segments. Liner saw profit increases due to improved freight market conditions; logistics experienced higher volumes but was impacted by rising procurement costs; energy, dry bulk and other segments showed variation by region and specific events. Despite ongoing impacts from the Strait of Hormuz blockade on overall profit levels, no revision to the full-year earnings forecast has been made. The Company aims to secure stable earnings through demand related to decarbonization, new customer acquisition and long-term contracts.