K.R.S. Corporation (9369) investor relations material

Executive summary

• Revenue increased 3.1% year-over-year to ¥102,735 million, while operating profit declined 3.6% to ¥2,960 million and net income attributable to shareholders fell 13.9% to ¥1,263 million, remaining within initial expectations.

• Overseas expansion, including the acquisition of India's Coldrush, contributed to growth, but one-time costs and domestic volume declines impacted profit.

• The business environment remained uncertain due to consumer caution from inflation and cost increases, despite a moderate economic recovery and continued inbound demand.

• The company is executing its "Group Vision 2036" and a four-year mid-term plan focused on logistics sustainability, new business expansion, and strengthening management foundations.

Financial highlights

• Operating revenue: ¥102,735 million (+3.1% YoY); Operating profit: ¥2,960 million (−3.6% YoY); Net income: ¥1,263 million (−13.9% YoY).

• Comprehensive income for the period was ¥2,598 million, up 184.3% year-over-year, driven by improved other comprehensive income.

• Total assets rose to ¥141,798 million, up ¥5,225 million from the previous fiscal year-end; net assets increased to ¥59,351 million.

• Capital expenditures were ¥5,964 million (−14.6% YoY); depreciation rose 10.5% to ¥4,008 million.

• Cash and equivalents at period-end were ¥4,608 million, up ¥78 million from the previous year-end.

Outlook and guidance

• Full-year revenue forecast unchanged at ¥205,000 million (+1.2% YoY); operating profit projected at ¥5,700 million (+1.0% YoY); net income forecast to decrease 20.7% to ¥2,100 million; EPS expected at ¥84.48.

• No changes have been made to the previously announced earnings forecast.

• Segment guidance: related business profit to rise 29.3%, while core logistics segments face margin pressure.