According to the first quarter financial results for the fiscal year ending March 2026, announced by Kyogoku Transport & Trading Co., Ltd. on August 13, net sales were 2.251 billion yen (up 8.4% year-on-year), operating profit was 57 million yen (up 24.5%), ordinary profit was 87 million yen (up 4.8%), and net profit attributable to parent company shareholders was 57 million yen (down 0.0%).
By segment, sales in the domestic transportation business were 982 million yen (up 4.7%), while operating profit was 83 million yen (down 17.1%). Although sales increased due to successful negotiations to collect appropriate freight rates in order to address the 2024 problem, wage revisions to secure drivers and increased vehicle repair costs resulted in increased revenue but decreased profit.
Sales in the international logistics business were 151 million yen (down 3.0%), and operating profit was 29 million yen (down 8.5%). The decline in revenue and profit was due to sluggish cargo movements related to the US and China caused by political instability resulting from Trump's tariffs.
For the full year, the company projects net sales of 103.48 billion yen (up 4.8%), operating profit of 11.675 billion yen (up 621.1%), ordinary profit of 11.944 billion yen (up 68.5%), and net profit attributable to parent company shareholders of 7.962 billion yen (up 15.6%).
