Mitsubishi Logistics (9301) Q2 2027 earnings summary

Executive summary

• H1 FY2027 revenue rose 6.4% YoY to ¥144,854 million and operating profit increased 9.3% to ¥8,240 million; ordinary profit rose 1.5% to ¥10,517 million.

• Profit attributable to owners of parent fell 71.0% to ¥9,539 million, mainly against the prior-year ¥36,126 million gain on sale of investment securities; H1 FY2027 recorded ¥3,545 million in extraordinary income.

Financial highlights

• Operating gross profit increased to ¥17,252 million from ¥16,238 million, while operating costs rose to ¥127,602 million from ¥119,878 million.

• H1 basic EPS was ¥28.00 versus ¥92.30 in the prior-year period; comprehensive income was ¥13,736 million, down from ¥14,926 million.

Outlook and guidance

• FY2027 revenue forecast rose ¥10.0bn to ¥290.0bn; operating, business and ordinary profit forecasts were cut ¥2.0bn each to ¥15.5bn, ¥18.4bn and ¥19.6bn.

• FY2027 profit attributable to owners of parent forecast was reduced ¥1.4bn to ¥21.6bn; basic EPS forecast is ¥63.71.

• Revised forecast includes ¥2.0bn of M&A-related expenses in logistics operating expenses; forecasts rely on release-date assumptions and actual results may differ.