According to the third-quarter financial results for the fiscal year ending November 2025, announced by Q-SO Distribution Systems on September 30, net sales were 150.695 billion yen (up 3.8% year-on-year), operating profit was 4.451 billion yen (down 9.7%), ordinary profit was 3.768 billion yen (down 15.3%), and net profit attributable to parent company shareholders was 2.081 billion yen (down 14.8%).
By segment, sales in the joint logistics business were 102.154 billion yen (up 3.7%), while operating profit was 2.231 billion yen (down 4.2%).
Sales exceeded the previous year's figures due to measures such as fair pricing and expansion of existing business relationships. While profits increased due to higher revenue and cost improvements progressed, profits fell below the previous year's figures due to factors such as increased transportation and warehousing costs.
Sales in the dedicated logistics business amounted to 29.838 billion yen (down 0.9%), while operating profit was 1.114 billion yen (up 1.0%).
Sales increased compared to the previous year due to factors such as increased domestic vehicle and fuel sales and expanded delivery business in Indonesia. While profits increased due to the rise in revenue, they were lower than the previous year due to factors such as a decrease in stored cargo in Indonesia.
For the full year, the company projects net sales of 2000 billion yen (up 2.5%), operating profit of 56 billion yen (up 0.7%), ordinary profit of 42 billion yen (down 14.1%), and net profit attributable to parent company shareholders of 23 billion yen (down 13.6%).
