Eastern Network's Financial Results: Sales down 4.8% from April to September, operating profit up 37.8%

May 11, 2025/ Settlement of accounts

PR article

According to the second quarter (interim) financial results for the fiscal year ending March 2026, announced by Tobu Network on November 11, net sales were 5.197 billion yen (down 4.8% year-on-year), operating profit was 181 million yen (up 26.0%), ordinary profit was 238 million yen (up 37.8%), and net profit attributable to parent company shareholders was 218 million yen (compared to a loss of 46 million yen in the previous period).

The core freight trucking business generated sales of 4,733,751,000 yen (down 5.4%), including revenue from related cargo handling and storage services. Operating profit was 209,957,000 yen (up 56.6%).

In beverage transport and other general cargo transport, we strived to build a sustainable operational system, maintain efficient operations, and ensure profitability amidst the impact of reduced order volumes and freight rate negotiations.

In addition, in the transport of specialized cargo, new crews have started operations as driver training progresses, and the volume of cargo handled is steadily increasing.

Regarding 3PL (Third-Party Logistics), while operations are currently stable, the company plans to secure stable revenue through proactive sales efforts in preparation for potential vacancies in the future.

Although the environment for transport service (dispatch service) freight rates remains challenging, the company stated that it is working to build a sales system that can respond to future market changes by deepening cooperation with shippers and subcontractors, and by promoting operational efficiency through digital transformation (DX).

For the full year, the company projects net sales of 103.48 billion yen (up 8.4%), operating profit of 11.675 billion yen (up 105.6%), ordinary profit of 11.944 billion yen (up 81.1%), and net profit attributable to parent company shareholders of 7.962 billion yen (up 182.1%).

Fukuyama Transport's financial results: Sales up 4.6% in April-June, operating profit down 19.5%.

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