Nippon Express Holdings, Inc. · TSE:9147
Nippon Express — Q2 2026 Earnings Presentation
33 slides from Nippon Express's earnings presentation
Slide 1: Financial Results Presentation for Q2, Fiscal Year Ending December 2026 Supplemental Documents
Financial Results Presentation for Q2, Fiscal Year Ending December 2026 Supplemental Documents Appendix 1: Special Factors P.2 Appendix 2: By Segment Quarterly P.3 – Appendix 3: Q2 Results and FY2026 Forecast Highlights by Segment P.5 – Appendix 4: Income and Expenses by Business P.13- Appendix 5: G
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 2026 results) (Jan-Dec 2026 forecast) Segment Income (business profit) ¥(0) billion (cost increase) Segment Income (business p
Slide 3: 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 3,134 3,137 3,207 3,139 3,295 3,013 3,000 2,666 2,609 2,368 2,471 2,000 1,065 1,023 1,196 1,056 1,030 1,000 174 118 1
Slide 4: 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 1,600 1,469 1,583 1,427 1,400 1,275 1,313 1,200 1,000 800 515 538 600 421 430 424 419 433 344 390 357 346 390 341 375 400 328 200 0 Q2, FY2025 Q3, FY20
Slide 5: Appendix 3: Japan Segment Highlights
Appendix 3: Q2 Results and FY2026 Forecast Highlights by Segment Japan Segment Quarterly Results and Forecast Forecast for FY2026 (100 million yen, %) Fiscal Item Jan-Mar Apr-Jun 1H Jul-Sep Oct-Dec 2H Full Year 15,000 8.0 Year 7.0 2026 3,139 3,295 6,434 ー ー 6,365 12,800 12,000 6.0 Revenues 2025 3,12
Slide 6: Appendix 3: Americas Segment Highlights
Appendix 3: Q2 Results and FY2026 Forecast Highlights by Segment Americas Segment Quarterly Results and Forecast Forecast for FY2026 Fiscal Item Jan-Mar Apr-Jun 1H Jul-Sep Oct-Dec 2H Full Year (100 million yen, %) Year 5,000 8.0 2026 328 375 704 ー ー 705 1,410 4,000 Revenues 2025 347 344 692 346 341
Slide 7: Appendix 3: Europe Segment Highlights
Appendix 3: Q2 Results and FY2026 Forecast Highlights by Segment Europe Segment Quarterly Results and Forecast Forecast for FY2026 Fiscal Item Jan-Mar Apr-Jun 1H Jul-Sep Oct-Dec 2H Full Year Year (100 million yen, %) 8,000 8.0 2026 1,427 1,583 3,011 ー ー 3,178 6,190 Revenues 2025 1,221 1,275 2,497 1,
Slide 8: Appendix 3: East Asia Segment Highlights
Appendix 3: Q2 Results and FY2026 Forecast Highlights by Segment East Asia Segment Quarterly Results and Forecast Forecast for FY2026 Fiscal Item Jan-Mar Apr-Jun 1H Jul-Sep Oct-Dec 2H Full Year (100 million yen, %) Year 5,000 8.0 2026 419 515 935 ー ー 1,064 2,000 4,000 Revenues 2025 415 390 806 421 4
Slide 9: Appendix 3: South Asia & Oceania Segment Highlights
South Asia & Oceania Appendix 3: Q2 Results and FY2026 Forecast Highlights by Segment Segment Quarterly Results and Forecast Forecast for FY2026 Fiscal Item Jan-Mar Apr-Jun 1H Jul-Sep Oct-Dec 2H Full Year (100 million yen, %) Year 5,000 8.0 2026 433 538 971 ー ー 998 1,970 4,000 Revenues 2025 381 357
Slide 10: Appendix 3: Security Transportation Segment Highlights
Security Transportation Appendix 3: Q2 Results and FY2026 Forecast Highlights by Segment Segment Quarterly Results and Forecast Forecast for FY2026 Fiscal Item Jan-Mar Apr-Jun 1H Jul-Sep Oct-Dec 2H Full Year (100 million yen, %) Year 1,000 8.0 2026 175 176 351 ー ー 353 705 800 6.0 Revenues 2025 170 1
Slide 11: Appendix 3: Heavy Haulage & Construction Segment Highlights
Heavy Haulage & Appendix 3: Q2 Results and FY2026 Forecast Highlights by Segment Construction Segment Quarterly Results and Forecast Forecast for FY2026 Fiscal Item Jan-Mar Apr-Jun 1H Jul-Sep Oct-Dec 2H Full Year (100 million yen, %) Year 2026 104 176 280 ー ー 239 520 1,000 14.0 Revenues 2025 129 118
Slide 12: Appendix 3: Logistics Support Segment Highlights
Logistics Support Appendix 3 Q2 Results and FY2026 Forecast Highlights by Segment Segment Quarterly Results and Forecast Forecast for FY2026 Fiscal Item Jan-Mar Apr-Jun 1H Jul-Sep Oct-Dec 2H Full Year (100 million yen, %) Year 10,000 8.0 2026 1,056 1,030 2,086 ー ー 2,343 4,430 8,000 Revenues 2025 1,1
Slide 13: Appendix 4: Income and Expenses by Business
Appendix 4. Income and Expenses by Business (100 million yen, %) (rounded down to 100 million yen) Quarterly, Year-on-Year Trend Analysis (Logistics Japan) Difference Difference Air: Revenue and profit increased quarter on quarter with rising shipment volumes to East Asia, primarily FY2025 FY2026 fo
Slide 14: Appendix 4: Income and Expenses by Business
Appendix 4. Income and Expenses by Business FY2025 FY2026 Difference Difference (100 million yen, %) (rounded down to 100 million yen) (QoQ) (YoY) Segment Q2 vs. Difference Difference Q1 Q2 Q3 Q4 Cumulative Q1 Q2 Q2 vs. Q1 Prior Q2 FY2025 FY2026 (QoQ) (YoY) Segment Revenues 99 97 97 89 383 87 98 10
Slide 15: Appendix 5: Global Business Growth Priority Industries
Appendix 5: Global Business Growth Priority Industries (100 million yen, %) (rounded down to 100 million yen) Japan Overseas Total 2026 2025 2026 2025 Difference 2028 Difference 2028 Priority Industry Jan-Jun Jan-Jun YoY (%) Jan-Jun Jan-Jun YoY (%) Targets Targets Results Results Results Results Tec
Slide 16: Appendix 6: Export Air Freight Weight Originating From Japan
Appendix 6: Forwarding Results Export Air Freight Weight Originating From Japan Export Air Freight Weight Originating from Japan Nippon Express Export Weight (Unit: t) FY Total : 209,472 tons FY Total: 201,009 tons Nippon Express Co., Ltd.Share 30.0% 26.4% 26.3% 25.2% 25.2% 28.0% 100,000 24.9% 55,60
Slide 17: Appendix 6: Export Freight (Air Freight Forwarding)
Appendix 6: Forwarding Results Export Freight (Air Freight Forwarding) (Unit: t /chargeable) 2024 2025 2026 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 62,904 67,515 71,336 72,161 273,916 64,36
Slide 18: Appendix 6: Export Freight (Ocean Transportation)
Appendix 6: Forwarding Results Export Freight (Ocean Transportation) (Unit: TEU) 2024 2025 2026 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 54,252 58,811 58,580 62,325 233,967 54,305 57,547 54,
Slide 19: Appendix 6: Air Export Forwarding Gross Profit and Margin by Quarter
Appendix 6: 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 2024 2025 2026 Jan-Mar Apr-Jun Jul-Sep Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-
Slide 20: Appendix 6: Business Gross Profit Index by Quarter
Japan and Overseas Segment Air and Ocean Export Freight Forwarding Appendix 6: 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 83.55 91.33 93.95 92.80 97.23
Slide 21: Appendix 6: Forwarding Costs by Quarter
Appendix 6: Forwarding Results (Consolidated) Forwarding Costs by Quarter (100 million yen) 2024 2024 2024 2024 2025 2025 2025 2025 2026 2026 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
Slide 22: Appendix 7: Performance Data Comparison
Appendix 7: 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 2026) YoY YoY (%) (Jan-Jun 2025) Rev
Slide 23: Appendix 7: Performance Data Comparison, Forecast for FY2026
Appendix 7: Performance Data Comparison Forecast for FY2026 (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
Slide 24: Appendix 8: Forecast for 2H, FY2026 (by Segment)
Appendix 8: Forecast for 2H, FY2026 (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 6,365 6,344 21 0.3 6,440 (74) (1.2)
Slide 25: Appendix 9: Nippon Express Co., Ltd. FY2026 Jan-Jun Results
Appendix 9: Nippon Express Co., Ltd. FY2026 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 2026 Jan-Jun 2025 Difference Jan-Jun 2
Slide 26: Appendix 9: Breakdown of Operating Income
Appendix 9: Nippon Express Co., Ltd. FY2026 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 +¥8.3 billion Revenue Increase in decrease 280 forwarding 142 costs 260 Increase in Increase in o
Slide 27: Appendix 9: Nippon Express Co., Ltd. FY2026 Jan-Dec Forecast
Appendix 9: Nippon Express Co., Ltd. FY2026 Jan-Dec Forecast Revenue (Unit: Millions of yen,%) (Unit: Millions of yen,%) First Half Second Half Full Year % of % of Difference 2026 % of % of Difference 2026 % of % of Difference 2026 Results 2025 Results Difference 2025 Results Difference 2025 Results
Slide 28: Appendix 9: Nippon Express Co., Ltd. FY2026 Jan-Dec Forecast
Appendix 9: Nippon Express Co., Ltd. FY2026 Jan-Dec Forecast Operating Expenses and Operating Income (Unit: Millions of yen,%) 1H 2H Full Year 2026 % of 2025 % of Difference 2026 % of 2025 % of Difference 2026 % of 2025 % of Difference Difference Difference Difference Forecast Sales Results Sales (%
Slide 29: Appendix 9: Breakdown of Operating Income, FY2026 Forecast
Appendix 9: Nippon Express Co., Ltd. FY2026 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 (¥13.7 billion) Other 1,300 income/ Revenue Decrease in expenses 1,200 Increase Decrease facilit
Slide 30: Nippon Express Supplemental Documents (Formerly Results Presentation Memo)
Appendix 9: Nippon Express Supplemental Documents (Formerly Results Presentation Memo) (100 million yen, %) (rounded down to 100 million yen) Ocean transportation (export) 1H, 2026 1H, 2025 YoY YoY (%) North America 11,798 12,222 (424) (3.5) Europe 5,662 5,883 (221) (3.8) Asia and Oceania 20,603 19,
Slide 31: Appendix 10: Business Plan 2028 KPIs and Progress, Sustainability Strategy
Appendix 10: Business Plan 2028 KPIs and Progress Sustainability Strategy Short-Term Science Based Target (SBT) Certification We received SBT certification for our near-term 2030 CO2 emissions reduction targets in June 2025. (Certified 2030 Greenhouse Gas (GHG) Emissions Reduction Target) Scope 1 an
Slide 32: Appendix 10: Enhance Human Capital to Foster Innovation
Appendix 10: Business Plan 2028 KPIs and Progress Sustainability Strategy Enhance Human Capital to Foster Innovation KPI 2025 Results 1H, 2026 Results 2026 Targets 2028 Targets Post-career assignments 172 126 120 or higher 120 or higher (No. of post-career placements) No. of participants in global h
Slide 33: No information contained in this document is intended to solicit purchase or sale
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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