According to the first-quarter financial results for the fiscal year ending March 2027, announced by Mitsubishi Logistics on July 31, net sales were 70.578 billion yen (up 2.9% year-on-year), operating profit was 3.86 billion yen (down 2.6%), ordinary profit was 5.403 billion yen (down 13.2%), and net profit attributable to parent company shareholders was 6.077 billion yen (down 67.3%).
By segment, the logistics business recorded sales of 59.914 billion yen (up 2.7%) and operating profit of 3.207 billion yen (down 4.2%).
Of these, the warehousing business saw a 4.7% increase in sales due to factors such as an increase in machinery and electrical equipment. The land transport business increased by 7.2% due to factors such as an increase in general merchandise. The international freight handling business decreased by 2.9% due to factors such as a decline in ocean freight rates. The port transport business increased by 4.9% due to factors such as an increase in container cargo.
Operating expenses increased by 3.1% due to factors such as increased costs for outsourced transportation, facility rental, and personnel expenses.
For the full year, the company projects net sales of 2800 billion yen (up 2.4%), operating profit of 175 billion yen (up 9.9%), ordinary profit of 216 billion yen (up 0.2%), and net profit attributable to parent company shareholders of 230 billion yen (down 58.0%).
