According to the second-quarter (interim) financial results for the fiscal year ending March 2024, announced by Nishitetsu (Nishinippon Railroad) on November 14, sales in the logistics business were 71.935 billion yen (up 2.5% year-on-year), and operating profit was 2.52 billion yen (up 62.9%).
In the logistics business (international logistics operations), revenue increased due to factors such as a decrease in yen-denominated amounts due to exchange rate fluctuations, while transaction volume increased, mainly in Asia.
Furthermore, international cargo handling volume increased by 7.3% for air exports, 8.6% for air imports, 11.0% for sea exports, and 9.6% for sea imports.
Keihin's financial results: Sales up 2.0% and operating profit up 22.4% for April-December.
