Earnings Presentation Materials

Overview of Performance

A. In the Q2 FY2026 results summary, by segment dry bulk continued to perform steadily and recorded higher profits, energy resources posted lower profits, product logistics saw lower profits driven by the car carrier business, and the container shipping business achieved a significant profit increase despite rising fuel prices due to tighter market conditions. While affected by exchange rates and fuel prices, equity-method gains also contributed positively. The equity ratio remained broadly stable. The interim dividend is 60 yen per share, with an annual dividend planned at 120 yen per share.

Capital Policy and Progress on the Medium-Term Plan

Progress on the medium-term management plan is shown in C-1 through C-4, emphasizing a policy to aim for an optimal capital structure as a capital policy milestone. Operating cash flow is assumed at 1.5 trillion yen, investing cash flow at 610.0 billion yen, and total returns to shareholders are expected to exceed 880.0 billion yen. A treasury stock acquisition of 44,429 thousand shares totaling 122.5 billion yen was implemented and the acquired shares were canceled. The company will continue a policy of flexibly adding shareholder returns.