Nippon Express Holdings, Inc. · TSE:9147

Nippon Express — Q2 2025 Earnings Presentation

31 slides from Nippon Express's earnings presentation, December 2025

  1. Slide 1: Financial Results Presentation for Q2, Fiscal Year Ending December 2025 Supplemental Documents

    Financial Results Presentation for Q2, Fiscal Year Ending December 2025 Supplemental Documents Appendix 1: Special Factors P.2 Appendix 2: By Segment Quarterly P.4 - Appendix 3: Q2 Results and FY2025 Forecast Highlights by Segment P.6 - Appendix 4: Global Business Growth Priority Industries P.14 App

  2. Slide 2: Appendix 1: Special Factors (Changes Due to External Environmental and Other Factors)

    Appendix 1: Special Factors (Changes Due to External Environmental and Other Factors) Impact on consolidated results Impact on consolidated results Variable factors (Jan-Jun 2025 results) (Jan-Dec 2025 forecast) Segment Income (business profit) ¥(0.3) billion (cost increase) Segment Income (business

  3. Slide 3: Appendix 1: Special Factors (Changes Due to External Environmental and Other Factors)

    Appendix 1: Special Factors (Changes Due to External Environmental and Other Factors) Impact on consolidated results Impact on consolidated results Variable factors (Jan-Jun 2025 results) (Jan-Dec 2025 forecast) Impact of Pharmaceuticals/Medical Business impairment loss on non current assets and Seg

  4. Slide 4: Appendix 2: By Segment Quarterly

    Appendix 2: By Segment Quarterly (100 million yen) Revenue Logistics Japan Logistics Overseas Total Security Transportation Heavy Haulage & Construction Logistics Support 5,000 4,000 3,159 3,336 3,124 3,134 3,000 2,593 2,570 2,365 2,368 2,000 1,164 1,181 1,065 977 1,000 170 136 170 136 170 129 174 1

  5. Slide 5: Appendix 2: By Segment Quarterly (Breakdown of Logistics, Overseas Regions)

    Appendix 2: By Segment Quarterly (Breakdown of Logistics, Overseas Regions) (100 million yen) Revenue Americas Europe East Asia South Asia & Oceania 1600 1400 1,324 1,319 1,275 1,221 1200 1000 800 600 450 433 471 418 415 385 361 347 381 344 390 357 400 200 0 Q3, FY2024 Q4, FY2024 Q1, FY2025 Q2, FY20

  6. Slide 6: Appendix 3: Q2 Results and FY2025 Forecast Highlights by Segment: Japan

    Appendix 3: Q2 Results and FY2025 Forecast Highlights by Segment Japan Segment Quarterly Results and Forecast Forecast for FY2025 Fiscal Item Jan-Mar Apr-Jun 1H Jul-Sep Oct-Dec 2H Full Year (100 million yen, %) 8.0 Year 18,000 7.0 2025 3,124 3,134 6,259 - - 6,370 12,630 15,000 6.0 Revenues 2024 3,05

  7. Slide 7: Appendix 3: Highlights by Segment: Americas

    Appendix 3: Q2 Results and FY2025 Forecast Highlights by Segment Americas Segment Quarterly Results and Forecast Forecast for FY2025 Fiscal Item Jan-Mar Apr-Jun 1H Jul-Sep Oct-Dec 2H Full Year (100 million yen, %) Year 5,000 8.0 2025 347 344 692 - - 727 1,420 4,000 Revenues 2024 370 413 783 385 361

  8. Slide 8: Appendix 3: Highlights by Segment: Europe

    Appendix 3: Q2 Results and FY2025 Forecast Highlights by Segment Europe Segment Quarterly Results and Forecast Forecast for FY2025 Fiscal Item Jan-Mar Apr-Jun 1H Jul-Sep Oct-Dec 2H Full Year (100 million yen, %) Year 10,000 8.0 2025 1,221 1,275 2,497 - - 2,672 5,170 8,000 6.0 Revenues 2024 1,129 1,2

  9. Slide 9: Appendix 3: Highlights by Segment: East Asia

    Appendix 3: Q2 Results and FY2025 Forecast Highlights by Segment East Asia Segment Quarterly Results and Forecast Forecast for FY2025 Fiscal Item Jan-Mar Apr-Jun 1H Jul-Sep Oct-Dec 2H Full Year (100 million yen, %) Year 5,000 8.0 2025 415 390 806 - - 953 1,760 4,000 Revenues 2024 373 444 817 450 471

  10. Slide 10: Appendix 3: Highlights by Segment: South Asia & Oceania

    South Asia & Oceania Appendix 3: Q2 Results and FY2025 Forecast Highlights by Segment Segment Quarterly Results and Forecast Forecast for FY2025 Fiscal Item Jan-Mar Apr-Jun 1H Jul-Sep Oct-Dec 2H Full Year (100 million yen, %) Year 5,000 8.0 2025 381 357 738 - - 871 1,610 4,000 Revenues 2024 347 377

  11. Slide 11: Appendix 3: Highlights by Segment: Security Transportation

    Security Transportation Appendix 3: Q2 Results and FY2025 Forecast Highlights by Segment Segment Quarterly Results and Forecast Forecast for FY2025 Fiscal Item Jan-Mar Apr-Jun 1H Jul-Sep Oct-Dec 2H Full Year (100 million yen, %) Year 2,500 8.0 2025 170 174 344 - - 345 690 2,000 6.0 Revenues 2024 176

  12. Slide 12: Appendix 3: Highlights by Segment: Heavy Haulage & Construction

    Heavy Haulage & Appendix 3: Q2 Results and FY2025 Forecast Highlights by Segment Construction Segment Quarterly Results and Forecast Forecast for FY2025 Fiscal Item Jan-Mar Apr-Jun 1H Jul-Sep Oct-Dec 2H Full Year (100 million yen, %) Year 2025 129 118 248 - - 261 510 2,500 14.0 Revenues 2024 106 122

  13. Slide 13: Appendix 3: Highlights by Segment: Logistics Support

    Logistics Support Appendix 3: Q2 Results and FY2025 Forecast Highlights by Segment Segment Quarterly Results and Forecast Forecast for FY2025 Fiscal Item Jan-Mar Apr-Jun 1H Jul-Sep Oct-Dec 2H Full Year (100 million yen, %) Year 5,000 8.0 2025 1,181 1,065 2,247 - - 2,242 4,490 4,000 Revenues 2024 1,0

  14. Slide 14: Appendix 4: Global Business Growth Priority Industries

    Appendix 4: Global Business Growth Priority Industries (100 million yen, %) (rounded down to 100 million yen) Japan Overseas Total 2025 2024 2025 2024 Difference 2028 Difference 2028 Priority Industry Jan-Jun Jan-Jun YoY (%) Jan-Jun Jan-Jun YoY (%) Targets Targets Results Results Results Results Tec

  15. Slide 15: Appendix 5: Forwarding Results Export Air Freight Weight Originating From Japan

    Appendix 5: Forwarding Results Export Air Freight Weight Originating From Japan Export Air Freight Weight Originating from Japan Nippon Express Export Weight (Unit: t) FY Total:194,128 tons FY Total: 209,472 tons Nippon Express Co., Ltd.Share 30.0% 26.2% 25.9% FY Total: 98,729 tons 25.2% 26.3% 26.4%

  16. Slide 16: Appendix 5: Forwarding Results Export Freight (Air Freight Forwarding)

    Appendix 5: Forwarding Results Export Freight (Air Freight Forwarding) (Unit: t /chargeable) 2023 2024 2025 Originating Region Jan-Mar Apr-Jun Jul-Sep Oct-Dec Full Year Jan-Mar Apr-Jun Jul-Sep Oct-Dec Full Year Jan-Mar Apr-Jun Jul-Sep Oct-Dec Full Year Japan 63,642 63,131 63,351 65,003 255,128 62,90

  17. Slide 17: Appendix 5: Forwarding Results Export Freight (Ocean Transportation)

    Appendix 5: Forwarding Results Export Freight (Ocean Transportation) (Unit: TEU) 2023 2024 2025 Originating Region Jan-Mar Apr-Jun Jul-Sep Oct-Dec Full Year Jan-Mar Apr-Jun Jul-Sep Oct-Dec Full Year Jan-Mar Apr-Jun Jul-Sep Oct-Dec Full Year Japan 58,882 59,327 57,974 61,949 238,133 * 54,252 58,811 5

  18. Slide 18: Appendix 5: Air Export Freight Forwarding Gross Profit and Margin by Quarter

    Appendix 5: Forwarding Results Japan and Overseas Segment Air Export Freight Forwarding Business Gross Profit and Gross Profit Margin by Quarter Air export freight forwarding gross profit (100 million yen) Originating Region 2023 2024 2025 Jan-Mar Apr-Jun Jul-Sep Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-

  19. Slide 19: Appendix 5: Gross Profit Index by Quarter

    Japan and Overseas Segment Air and Ocean Export Freight Forwarding Appendix 5: Forwarding Results Business Gross Profit Index by Quarter Japan Segment Total Gross Profit Index per Ton in Air Forwarding 200.00 Gross Profit Index per TEU in Ocean Freight Forwarding 100.00 97.92 85.50 91.33 97.23 93.22

  20. Slide 20: Appendix 5: Forwarding Costs by Quarter

    Appendix 5: Forwarding Results (Consolidated) Forwarding Costs by Quarter (100 million yen) 2023 2023 2023 2023 2024 2024 2024 2024 2025 2025 Item Jan-Mar Apr-Jun Jul-Sep Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec Jan-Mar Apr-Jun (IFRS) (IFRS) (IFRS) (IFRS) (IFRS) (IFRS) (IFRS) (IFRS) (IFRS) (IFRS) Rai

  21. Slide 21: Appendix 6: Performance Data Comparison

    Appendix 6: Performance Data Comparison Japan and Overseas Results, Forecast *Overseas revenue ratio calculated after eliminations. (100 million yen, %) (rounded down to 100 million yen) Prior Year Segment Item 1H Results Difference Difference 1H Results (Jan-Jun 2025) YoY YoY (%) (Jan-Jun 2024) Rev

  22. Slide 22: Appendix 6: Performance Data Comparison

    Appendix 6: Performance Data Comparison Forecast for FY2025 (1H and 2H) (100 million yen, %) (rounded down to 100 million yen) * * 2H Item 1H Prior Year Difference Difference 2H Prior Year Difference Difference Forecasts Difference Difference Results 1H Results YoY YoY (%) Forecasts 2H Results YoY Y

  23. Slide 23: Appendix 7: Forecast for 2H, FY2025 (by Segment)

    Appendix 7: Forecast for 2H, FY2025 (by Segment) (100 million yen, %) (rounded down to 100 million yen) * Previous Difference Segment Item 2H Prior Year Difference Difference Forecast Difference YoY(%) Forecasts 2H Results YoY YoY (%) (Announced YoY May 13) Revenues 6,370 6,496 (125) (1.9) 6,590 (21

  24. Slide 24: Appendix 8: Nippon Express Co., Ltd. FY2025 Jan-Jun Results

    Appendix 8: Nippon Express Co., Ltd. FY2025 Jan-Jun Results Revenue (Unit: Millions of yen,%) Operating Expenses and Operating Income (Unit: Millions of yen,%) (Unit: Millions of yen,%) % of % of Difference (Unit: Millions of yen,%) % of % of Difference Jan-Jun 2025 Jan-Jun 2024 Difference Jan-Jun 2

  25. Slide 25: Appendix 8: Nippon Express Co., Ltd. FY2025 Jan-Jun Results

    Appendix 8: Nippon Express Co., Ltd. FY2025 Jan-Jun Results (100 million yen, %) (rounded down to 100 million yen) Breakdown of Operating Income *Increase and decrease in the graph is on an income basis +¥2.0 billion Decrease in vehicle chartering and Decrease in 200 subcontracting costs facility us

  26. Slide 26: Appendix 8: Nippon Express Co., Ltd. FY2025 Jan-Dec Forecast

    Appendix 8: Nippon Express Co., Ltd. FY2025 Jan-Dec Forecast Revenue (Unit: Millions of yen,%) (Unit: Millions of yen,%) First Half Second Half Full Year % of % of Difference 2025 % of % of Difference 2025 % of % of Difference 2025 Results 2024 Results Difference 2024 Results Difference 2024 Results

  27. Slide 27: Appendix 8: Nippon Express Co., Ltd. FY2025 Jan-Dec Forecast

    Appendix 8: Nippon Express Co., Ltd. FY2025 Jan-Dec Forecast Operating Expenses and Operating Income (Unit: Millions of yen,%) (Unit: Millions of yen,%) First Half Second Half Full Year % of % of Difference 2025 % of % of Difference 2025 % of % of Difference 2025 Results 2024 Results Difference 2024

  28. Slide 28: Appendix 8: Nippon Express Co., Ltd. FY2025 Jan-Dec Forecast

    Appendix 8: Nippon Express Co., Ltd. FY2025 Jan-Dec Forecast (100 million yen, %) (rounded down to 100 million yen) Breakdown of Operating Income *Increase and decrease in the graph is on an income basis +¥6.4 billion 400 Decrease in vehicle chartering and 300 Revenue subcontracting costs 80 260 196

  29. Slide 29: Appendix 8: Nippon Express Supplemental Documents

    Appendix 8: Nippon Express Supplemental Documents (Formerly Results Presentation Memo) (100 million yen, %) (rounded down to 100 million yen) Ocean transportation (export) 1H, 2025 1H, 2024 YoY YoY (%) North America 12,222 10,930 1,291 11.8 Europe 5,883 6,602 (718) (10.9) Asia and Oceania 19,571 18,

  30. Slide 30: Appendix 9: Business Plan 2028 KPIs and Progress Sustainability Strategy

    Appendix 9: Business Plan 2028 KPIs and Progress Sustainability Strategy Enhance Human Capital to Foster Innovation KPI 2024 Results 1H, 2025 Results 2025 Targets 2028 Targets Post-career assignments 135 84 120 or higher 120 or higher (No. of post-career placements) No. of participants in global hum

  31. Slide 31: Company’s shares. based on the Company’s assumptions, judgments and beliefs in light of the

    No information contained in this document is intended to solicit purchase or sale of the Company’s shares. Views, forecasts, and other forward looking statements contained in this document are based on the Company’s assumptions, judgments and beliefs in light of the information currently available t

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