According to the first-quarter financial results for the fiscal year ending March 2026, announced by Tobu Network on August 8, net sales were 2.539 billion yen (down 6.7% year-on-year), operating profit was 55 million yen (down 30.5%), ordinary profit was 102 million yen (down 4.7%), and net profit attributable to parent company shareholders was 133 million yen (compared to a loss of 71 million yen in the previous period).
By segment, sales in the freight trucking business, including revenue from related cargo handling and storage operations, amounted to 2,306,349,000 yen (down 7.6%), while operating profit, including initial investments in training industrial gas transport personnel, was 80,890,000 yen (up 15.7%).
The breakdown is as follows: Beverage transport and other general cargo transport continued to struggle with declining order volumes and difficulties in negotiating freight rates. Special cargo transport saw a gradual increase in handling volume as driver training was completed and operations commenced. 3PL is significantly driving the freight trucking business with stable operations, although some vacant space has occurred. Transport services (dispatch services) continued to struggle with freight rates, resulting in a decrease in handling volume that was lower than planned.
For the full year, the company projects net sales of 12.71 billion yen (up 8.4%), operating profit of 1.985 billion yen (up 105.6%), ordinary profit of 1.95 billion yen (up 3%), and net profit attributable to parent company shareholders of 1.349 billion yen (up 182.1%).
