Mitsubishi Logistics (9301) Q2 2025 earnings summary

Executive summary

• Revenue rose 7.3% year-over-year to ¥134,890 million, driven by growth in both logistics and real estate segments.

• Operating profit declined 9.3% year-over-year to ¥8,995 million due to higher costs, especially in logistics.

• Net income attributable to shareholders surged 72.9% year-over-year to ¥16,359 million, aided by one-time gains from asset sales.

• Integration of Cavalier Logistics in the US/UK contributed to revenue growth and segment expansion.

Financial highlights

• Operating profit: ¥8,995 million (down 9.3% year-over-year).

• Ordinary profit: ¥11,641 million (down 12.8% year-over-year).

• Net income: ¥16,359 million (up 72.9% year-over-year).

• EPS: ¥217.40 (up from ¥121.26 year-over-year).

• Comprehensive income: ¥7,796 million (down 77.9% year-over-year).

Outlook and guidance

• Full-year revenue forecast maintained at ¥270,000 million, up 6.1% year-over-year.

• Operating profit forecast at ¥20,000 million, up 5.6% year-over-year.

• Net income forecast at ¥24,800 million, up 1.8% year-over-year.

• No change to previously announced guidance.