Yamato Holdings Co., Ltd. · TSE:9064

Yamato — H1 FY2027/3 Earnings Presentation

20 slides from Yamato's earnings presentation, Nov 4, 2026

  1. Slide 1: Yamato Group IR Presentation Material

    Yamato Group IR Presentation Material ＜2nd Quarter of the Fiscal year ending March 2027＞ November 4, 2026 Yamato Holdings Co., Ltd. Copyright© YAMATO HOLDINGS CO., LTD. All rights reserved.

  2. Slide 2: Summary of consolidated earnings (1st half of FY 2027/3)

    1. Summary of consolidated earnings (1st half of FY 2027/3) Secured revenue growth through pricing optimization and the expansion of the business for corporate clients. Agile cost control also contributed to a ¥2 bn increase in operating profit compared to the previous period. Operating revenue FY202

  3. Slide 3: Factors that affected consolidated operating profit (FY2027/3 H1)

    2. Factors that affected consolidated operating profit (FY2027/3 H1) Offset the effects of the shortfall in parcel volumes and investments in human capital through optimized pricing and agile cost control, resulting in a ¥2.0 bn profit growth in the first half Reasons for increase/decrease by profit growth

  4. Slide 4: Pricing optimization

    3. Pricing optimization Careful negotiations with corporate clients have borne fruit, with an upward trend in unit prices firmly embedded. Starting in the second half, we will shift focus to revenue growth through solution-based sales [Achievement] Charging appropriate freight rates through Average u

  5. Slide 5: Optimizing operating costs

    4. Optimizing operating costs To address volume shortfalls, thoroughly implemented agile cost controls in the transportation and last-mile domains in the 1st half. Will expand our established efficiency model to other areas to ensure profit generation in Q3, the peak demand period [First Half] [Second

  6. Slide 6: Growth of the business for corporates

    5. Growth of the business for corporates Achieved ¥1.9 bn in first-half profit growth, driven by the smooth launch of new hubs and other factors. A robust project pipeline and expansion into growth domains will drive future top-line growth. Value provided by integrated business solution hubs Smooth la

  7. Slide 7: FY2027/3 earnings forecast (Key indicators)

    6. FY2027/3 earnings forecast (Key indicators) While revising down operating revenue in light of the macro environment, we maintain our initial operating profit forecast ¥42.0 bn through strict cost control FY2027/3 FY2026/3 FY2027/3 (Billions of Yen) Previous Forecast Change*1 YoY Change Actual New

  8. Slide 8: Future business direction

    7. Future business direction Under the new management structure, respond swiftly to the challenges we face, fully complete the current recovery in profitability, and chart a new growth trajectory aimed at sustainable enhancement of corporate value Executed Short-term Medium- to long-term Rapid respon

  9. Slide 9: Supplementary Materials

    Supplementary Materials ＜2nd Quarter of the Fiscal year ending March 2027＞ 8

  10. Slide 10: Operating results

    Supplement 1. Operating results Main factors of change (loss) FY2026/3 FY2027/3 YoY Change / YoY (Billions of Yen) H1 Actual H1 Actual Amount （%） １ Non-operating P/L Operating revenue 906.7 906.8 ＋0.0 ＋0.0 Expansion of share of profit and Operating profit (3.7) (1.7) ＋2.0 － elimination of loss of enti

  11. Slide 11: Financial Position (B/S, C/F)

    Supplement 2. Financial Position (B/S, C/F) As of As of March 31, FY2026/3 FY2027/3 (Billions of Yen) September 30, Change from (Billions of Yen) 2026 H1 Actual H1 Actual YoY Change 2026 March 31, 2026 Total assets 1,280.1 1,190.6 (89.5) Cash flows from operating 15.3 (15.5) (30.9) activities Current

  12. Slide 12: Operating results by segment

    Supplement 3. Operating results by segment FY2027/3 H1 Express Contract Logistics Mobility (Billions of Yen) Global Business Other Total Reconciliation Consolidated Business Business Business Operating Revenues 770.7 91.0 52.7 35.0 31.0 980.6 (73.8) 906.8 Unaffiliated Customers 750.7 82.3 51.1 11.3 11

  13. Slide 13: Trends of parcel delivery

    Supplement 4. Trends of parcel delivery Delivery volume Unit price FY2026/3 FY2027/3 FY2026/3 FY2027/3 (Thousands of Units) YoY[%] (Yen) YoY[%] H1 Actual H1 Actual H1 Actual H1 Actual TA-Q-BIN/TA-Q-BIN Compact/EAZY 954,009 916,998 (3.9) TA-Q-BIN/TA-Q-BIN Compact/EAZY 717 734 ＋2.4 TA-Q-BIN domain 435

  14. Slide 14: Summary of operating expenses

    Supplement 5. Summary of operating expenses FY2026/3 FY2027/3 (Billions of Yen) H1 Actual H1 Actual YoY Change Amount [%] Operating revenue 906.7 906.8 ＋0.0 ＋0.0 Operating expenses 910.5 908.6 (1.9) (0.2) Subcontracting expenses 378.2 369.6 (8.5) (2.3) Commission expenses 188.5 179.3 (9.1) (4.8) Del

  15. Slide 15: Employee breakdown

    Supplement 6. Employee breakdown FY2026/3 FY2027/3 H1 Actual H1 Actual Change (Number) Full-time Part-time Total Full-time Part-time Total Full-time Part-time Total [%] Total Employees 87,657 86,957 174,614 86,499 86,838 173,337 (1,158) (119) (1,277) (0.7) Express Business 77,028 80,597 157,625 76,0

  16. Slide 16: Operating Results Forecast

    Supplement 7. Operating Results Forecast FY2027/3 FY2026/3 FY2027/3 Forecast Change* YoY Change (Billions of Yen) Previous Actual New forecast forecast* Amount [%] Amount [%] Operating revenue 1,865.6 1,918.0 1,895.0 (23.0) (1.2) ＋29.3 ＋1.6 Operating profit 28.3 42.0 42.0 － － ＋13.6 ＋48.4 Profit margin

  17. Slide 17: Operating Results Forecast (by segment)

    Supplement 8. Operating Results Forecast（by segment） FY2026/3 FY2027/3 (Billions of Yen) YoY Change Actual [%] Forecast [%] Amount [%] Operating revenues 1,557.9 83.5 1,570.8 82.9 ＋12.8 ＋0.8 Express Business Operating profit 2.2 8.1 12.1 28.1 ＋9.8 ＋426.3 Contract Logistics Operating revenues 164.6 8.

  18. Slide 18: Operating Results Forecast (Breakdown of Operating Expenses)

    Supplement 9. Operating Results Forecast (Breakdown of Operating Expenses) FY2026/3 FY2027/3 FY2027/3 (Billions of Yen) Forecast Change* YoY Change Actual Previous forecast* New forecast Amount [%] Amount [%] Operating revenue 1,865.6 1,918.0 1,895.0 (23.0) (1.2) ＋29.3 ＋1.6 Operating expenses 1,837.

  19. Slide 19: Operating Results Forecast (Employee breakdown)

    Supplement 10. Operating Results Forecast（Employee breakdown） FY2026/3 Actual FY2027/3 Forecast YoY Change (Number) Full-time Part-time Total Full-time Part-time Total Full-time Part-time Total [%] Total Employees 87,347 87,349 174,696 85,700 85,500 171,200 (1,647) (1,849) (3,496) (2.0) Express Busi

  20. Slide 20: 免責事項

    免責事項 この内容は、投資判断の参考となる情報の提供を⽬的としたもので、投資勧誘を⽬的としたものではありません。提供情報の内容については 万全を期しておりますが、完全性、正確性を保証するものではありません。いかなる情報も、不的確な記載や誤植等を含む可能性があります。 銘柄の選択、投資の最終決定は、ご⾃⾝の判断でなさるようにお願いいたします。当社としては⼀切の責任を負いかねますのでご承知ください。 Copyright© YAMATO HOLDINGS CO., LTD. All rights reserved.

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