K.R.S. Corporation (9369) Q2 2025 earnings summary

Executive summary

• Revenue increased 4.5% year-over-year to ¥99.66 billion, driven by growth in joint logistics and pricing strategies.

• Operating profit declined 5.2% year-over-year to ¥3.07 billion due to higher labor and logistics costs.

• Net income attributable to shareholders fell 11.4% year-over-year to ¥1.47 billion.

• The business environment remains uncertain due to inflation, logistics industry challenges, and global trade policy uncertainty.

• The company is advancing its mid-term plan focused on sustainability and value creation.

Financial highlights

• Operating revenue: ¥99.66 billion (+4.5% YoY).

• Operating profit: ¥3.07 billion (−5.2% YoY); margin 3.1%.

• Net income: ¥1.47 billion (−11.4% YoY); EPS ¥59.05.

• Capital expenditure: ¥6.98 billion (+55.7% YoY).

• Comprehensive income: ¥914 million (−61.1% YoY).

Outlook and guidance

• Full-year revenue forecast revised upward to ¥200 billion (+1.0% vs previous guidance, +2.5% YoY).

• Net income forecast raised to ¥2.3 billion (+15.0% vs previous guidance, −13.6% YoY).

• ROA and ROE expected to improve to 3.2% and 5.3%, respectively.

• Dividend forecast raised to ¥27.50 per share (including commemorative dividends).

• Joint logistics segment guidance raised; related business profit guidance lowered due to overseas headwinds.