FY2026 Q3 Financial Results Presentation Materials

Performance Overview

For the cumulative Q3 of FY2026, operating revenue increased 9.9% year-over-year to 1,230 billion yen, while operating income declined to 72.5 billion yen, down 94.8% YoY. The operating margin declined to 5.9%. Net income attributable to owners of parent for the quarter also fell 86.6% YoY to 44.4 billion yen. The delivery business saw revenue growth due to increased parcel volumes but operating income declined due to rising additional costs to resolve delivery delays. The global logistics business was impacted by rate declines due to US tariff effects and deteriorating performance of Expolanka Holdings PLC. The logistics business posted increased profits driven by the consolidation effect of cold storage logistics.

Overview of Earnings Guidance Revision

For FY2026, operating revenue forecast remains unchanged at 1,635 billion yen, while operating income forecast was revised downward to 90 billion yen. The delivery business revised down operating income due to additional costs arising from increased parcel volumes and delivery delays. The logistics business remains on plan due to appropriate rate collection and productivity improvements. The global logistics business revised down guidance reflecting deteriorating performance of Expolanka Holdings PLC and foreign exchange impacts. Real estate and other businesses were revised upward. Dividend is forecast at 53 yen per share (an increase of 1 yen YoY).