According to the third-quarter financial results for the fiscal year ending March 2026, announced by Mitsubishi Logistics on January 30, net sales were 205.089 billion yen (down 4.3% year-on-year), operating profit was 12.096 billion yen (down 25.1%), ordinary profit was 16.619 billion yen (up 29.2%), and net profit attributable to parent company shareholders was 42.283 billion yen (up 89.4%).
Looking at the breakdown by segment, the logistics business as a whole generated sales of 179.182 billion yen (up 1.6%) and operating profit of 11.43 billion yen (up 226.0%).
Of these, the warehousing business saw a 3.4% increase in sales due to increased handling of apparel and automotive parts. The land transportation business saw a 1.1% decrease in sales due to decreased handling of LCD-related parts and home appliances.
In addition, the international freight handling business saw a 1.6% decrease in sales due to factors such as a decline in ocean freight rates. The port transportation business, however, saw a 13.9% increase in sales due to factors such as an increase in the handling of container cargo.
For the full year, the company projects net sales of 2800 billion yen (down 1.4%), operating profit of 160 billion yen (down 21.2%), ordinary profit of 206 billion yen (up 10.6%), and net profit attributable to parent company shareholders of 500 billion yen (up 56.9%).
