NIKKON : 2025.05.09 Financial Results for the Year

About this update from Nikkon Holdings Co., Ltd.

DISCLAIMER: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. May 9, 2025 Consolidated Financial Results for the Fiscal Year Ended March 31, 2025 (Under Japanese GAAP) Company name: NIKKON Holdings Co., Ltd. Listing: Tokyo Stock Exchange Securities code: 9072 URL: https://www.nikkon-hd.co.jp Representative: Masakatsu Kuroiwa, President and Representative Director Inquiries: Yasunori Matsuda, Director and Managing Executive Officer Telephone: +81-3-3541-5330 Scheduled date of annual general meeting of shareholders: June 27, 2025 Scheduled date to commence dividend payments: June 13, 2025 Scheduled date to file annual securities report: June 25, 2025 Preparation of supplementary material on financial results: None Holding of financial results briefing: Yes (for analysts) (Yen amounts are rounded down to millions, unless otherwise noted.) Consolidated financial results for the fiscal year ended March 31, 2025 (from April 1, 2024 to March 31, 2025) Consolidated operating results (Percentages indicate year-on-year changes.) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Fiscal year ended Millions of yen % Millions of yen % Millions of yen % Millions of yen % March 31, 2025 247,890 11.5 23,155 9.0 23,969 0.4 16,550 (0.4) March 31, 2024 222,324 4.8 21,235 8.4 23,875 8.0 16,608 4.4 Note: Comprehensive income For the fiscal year ended March 31, 2025: ¥12,732 million [(53.4)%] For the fiscal year ended March 31, 2024: ¥27,315 million [45.7%] Basic earnings per share Diluted earnings per share Return on equity Ratio of ordinary profit to total assets Ratio of operating profit to net sales Fiscal year ended Yen Yen % % % March 31, 2025 133.99 123.25 6.8 5.9 9.3 March 31, 2024 130.49 130.27 7.0 6.4 9.6 Reference: Share of profit (loss) of entities accounted for using equity method For the fiscal year ended March 31, 2025: ¥572 million For the fiscal year ended March 31, 2024: ¥573 million Note: The Company has conducted a stock split with an effective date of October 1, 2024 in the ratio of one share to two shares. "Basic earnings per share" and "diluted earnings per share" are calculated on the assumption that the said share split was conducted at the beginning of the previous fiscal year. Consolidated financial position Total assets Net assets Equity-to-asset ratio Net assets per share As of Millions of yen Millions of yen % Yen March 31, 2025 428,759 249,679 56.4 1,998.82 March 31, 2024 388,446 246,445 63.3 1,949.93 Reference: Equity As of March 31, 2025: ¥241,627 million As of March 31, 2024: ¥245,939 million Note: The Company has conducted a stock split with an effective date of October 1, 2024 in the ratio of one share to two shares. "Net assets per share" is calculated on the assumption that the said share split was conducted at the beginning of the previous fiscal year. Consolidated cash flows Cash flows from operating activities Cash flows from investing activities Cash flows from financing activities Cash and cash equivalents at end of period Fiscal year ended Millions of yen Millions of yen Millions of yen Millions of yen March 31, 2025 27,642 (53,978) 19,076 35,937 March 31, 2024 31,107 (24,340) (4,408) 42,796 Cash dividends Annual dividends per share Total cash dividends (Total) Payout ratio (Consolidated) Ratio of dividends to net assets (Consolidated) First quarter-end Second quarter-end Third quarter-end Fiscal year-end Total Yen Yen Yen Yen Yen Millions of yen % % Fiscal year ended March 31, 2024 - 50.00 - 55.00 105.00 6,668 40.1 3.0 Fiscal year ended March 31, 2025 - 54.00 - 27.00 - 6,630 40.3 2.7 Fiscal year ending March 31, 2026 (Forecast) 37.00 37.00 74.00 44.7 Note: The Company has conducted a stock split with an effective date of October 1, 2024 in the ratio of one share to two shares. Therefore, 2025 The year-end dividend per share for the fiscal year ending March 201 is the amount that takes into account the impact of the stock split, and the total annual dividend per share is "-". The annual dividend at the end of the fiscal year per share for the fiscal year ending March 31, 2025 is 108 yen if the stock split is not taken into account. Forecast of consolidated financial results for the fiscal year ending March 31, 2026 (from April 1, 2025 to March 31, 2026) (Percentages indicate year-on-year changes.) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Basic earnings per share Millions of yen % Millions of yen % Millions of yen % Millions of yen % Yen Six months ending September 30, 2025 137,000 13.8 13,700 20.2 14,400 33.4 9,800 49.9 81.07 Fiscal year ending March 31, 2026 280,000 13.0 28,000 20.9 29,400 22.7 20,000 20.8 165.44 * Notes Significant changes in the scope of consolidation during the period: Yes Newly included: 8 companies (Supreme Auto Transport, LLC, CHUOH PACK INDUSTRY CO., LTD. and 6 other companies) Changes in accounting policies, changes in accounting estimates, and restatement Changes in accounting policies due to revisions to accounting standards and other regulations: Yes Changes in accounting policies due to other reasons: None Changes in accounting estimates: None Restatement: None Number of issued shares (common shares) Total number of issued shares at the end of the period (including treasury shares) As of March 31, 2025 126,479,784 shares As of March 31, 2024 126,479,784 shares Number of treasury shares at the end of the period As of March 31, 2025 5,594,372 shares As of March 31, 2024 352,446 shares Average number of shares outstanding during the period Fiscal year ended March 31, 2025 123,514,017 shares Fiscal year ended March 31, 2024 127,275,962 shares Note: The Company has conducted a stock split at the ratio of two shares to one share as of October 1, 2024. "Total number of issued shares at the end of the period," "number of treasury shares at the end of the period," and "average number of shares outstanding during the period" are calculated on the assumption that the said share split was conducted at the beginning of the previous fiscal year. The number of treasury shares at the end of the fiscal year and the number of treasury shares deducted for the calculation of the number of treasury shares during the period include the Company's treasury stock (98,400 shares at the end of the fiscal year ending March 31, 2024 and 98,400 shares at the end of the fiscal year ending March 31, 2025) held by the trust with the directors as beneficiaries. [Reference] Overview of non-consolidated financial results 1. Non-consolidated financial results for the fiscal year ended March 31, 2025 (from April 1, 2024 to March 31, 2025) Non-consolidated operating results (Percentages indicate year-on-year changes.) Net sales Operating profit Ordinary profit Profit Fiscal year ended Millions of yen % Millions of yen % Millions of yen % Millions of yen % March 31, 2025 9,610 (11.5) 7,186 (19.3) 6,605 (31.9) 6,403 (30.1) March 31, 2024 10,863 8.1 8,903 9.6 9,696 9.5 9,159 9.3 Basic earnings per share Diluted earnings per share Fiscal year ended Yen Yen March 31, 2025 51.84 47.67 March 31, 2024 71.97 71.84 Note: The Company has conducted a stock split with an effective date of October 1, 2024 in the ratio of one share to two shares. "Basic earnings per share" and "diluted earnings per share" are calculated on the assumption that the said share split was conducted at the beginning of the previous fiscal year. Non-consolidated financial position Total assets Net assets Equity-to-asset ratio Net assets per share As of Millions of yen Millions of yen % Yen March 31, 2025 266,548 114,797 43.0 948.38 March 31, 2024 247,467 130,254 52.6 1,031.44 Reference: Equity As of March 31, 2025: ¥114,644 million As of March 31, 2024: ¥130,093 million Note: The Company has conducted a stock split with an effective date of October 1, 2024 in the ratio of one share to two shares. "Net assets per share" is calculated on the assumption that the said share split was conducted at the beginning of the previous fiscal year. Financial results reports are exempt from audit conducted by certified public accountants or an audit firm. Proper use of earnings forecasts, and other special matters The forward-looking statements, including forecasts of financial results, contained in these materials are based on information available to the Company and on certain assumptions deemed to be reasonable. Actual financial results may differ from the results anticipated in the statements due to various factors. Consolidated balance sheet (Millions of yen) As of March 31, 2024 As of March 31, 2025 Assets Current assets Cash and deposits 43,847 36,784 Notes and accounts receivable - trade 32,610 37,079 Electronically recorded monetary claims - operating 5,946 6,302 Merchandise and finished goods - 153 Raw materials and supplies 614 778 Other 4,991 5,944 Allowance for doubtful accounts (29) (27) Total current assets 87,981 87,015 Non-current assets Property, plant and equipment Buildings and structures 241,579 264,704 Accumulated depreciation (126,469) (138,573) Buildings and structures, net 115,109 126,131 Machinery, equipment and vehicles 59,648 71,847 Accumulated depreciation (50,934) (58,222) Machinery, equipment and vehicles, net 8,713 13,625 Tools, furniture and fixtures 11,167 12,806 Accumulated depreciation (9,320) (10,509) Tools, furniture and fixtures, net 1,847 2,297 Land 120,058 121,851 Leased assets 346 773 Accumulated depreciation (234) (472) Leased assets, net 111 300 Construction in progress 8,222 7,956 Total property, plant and equipment 254,064 272,162 Intangible assets Customer-related intangible assets - 13,495 Goodwill 2 12,167 Other 2,496 3,900 Total intangible assets 2,498 29,563 Investments and other assets Investment securities 32,990 28,031 Long-term loans receivable 241 30 Deferred tax assets 3,669 4,273 Retirement benefit asset 502 655 Other 6,529 7,065 Allowance for doubtful accounts (31) (38) Total investments and other assets 43,901 40,017 Total non-current assets 300,464 341,744 Total assets 388,446 428,759 (Millions of yen) As of March 31, 2024 As of March 31, 2025 Liabilities Current liabilities Notes and accounts payable - trade 10,615 11,223 Electronically recorded obligations - operating 7,333 4,296 Short-term borrowings 2,025 20,466 Current portion of bonds payable 10,000 10,000 Lease liabilities 37 112 Income taxes payable 4,002 4,779 Provision for bonuses 4,557 4,984 Provision for bonuses for directors (and other officers) 218 249 Notes payable - facilities 324 51 Electronically recorded obligations - non-operating 4,405 4,542 Other 15,845 15,934 Total current liabilities 59,366 76,641 Non-current liabilities Bonds payable 40,000 40,000 Convertible-bond-type bonds with share acquisition rights - 22,105 Long-term borrowings 27,034 25,743 Lease liabilities 84 214 Deferred tax liabilities 8,571 6,813 Retirement benefit liability 4,940 5,196 Provision for retirement benefits for directors (and other officers) 466 556 Other provisions 20 14 Other 1,517 1,794 Total non-current liabilities 82,634 102,439 Total liabilities 142,001 179,080 Net assets Shareholders' equity Share capital 11,316 11,316 Capital surplus 12,332 12,499 Retained earnings 198,226 207,939 Treasury shares (552) (10,473) Total shareholders' equity 221,322 221,280 Accumulated other comprehensive income Valuation difference on available-for-sale securities 17,477 12,332 Foreign currency translation adjustment 6,289 7,039 Remeasurements of defined benefit plans 849 975 Total accumulated other comprehensive income 24,616 20,346 Share acquisition rights 161 152 Non-controlling interests 344 7,898 Total net assets 246,445 249,679 Total liabilities and net assets 388,446 428,759 Consolidated statement of income (Millions of yen) Fiscal year ended March 31, 2024 Fiscal year ended March 31, 2025 Net sales Transportation income 100,398 117,963 Warehouse income 38,863 40,881 Packaging income 53,809 57,364 Other revenue 29,252 31,680 Total net sales 222,324 247,890 Cost of sales Transportation cost 89,820 103,588 Warehouse cost 28,545 30,022 Packaging cost 47,316 49,911 Other costs 23,867 25,563 Total cost of sales 189,549 209,086 Gross profit 32,774 38,803 Selling, general and administrative expenses Personnel expenses 6,765 7,576 Provision for bonuses 429 451 Provision for bonuses for directors (and other officers) 218 223 Retirement benefit expenses 112 88 Provision for retirement benefits for directors (and other officers) 73 80 Depreciation 618 1,438 Taxes and dues 1,321 1,397 Travel and transportation expenses 331 387 Provision of allowance for doubtful accounts 2 (0) Other 2,500 4,849 Total selling, general and administrative expenses 11,539 15,648 Operating profit 21,235 23,155 Non-operating income Interest income 183 192 Dividend income 884 1,202 Rental income 75 79 Share of profit of entities accounted for using equity method 573 572 Foreign exchange gains 237 - Subsidy income 221 297 Compensation income 413 21 Miscellaneous income 408 493 Total non-operating income 2,998 2,859 Non-operating expenses Interest expenses 253 447 Foreign exchange losses - 1,253 Miscellaneous expenses 104 344 Total non-operating expenses 358 2,045 Ordinary profit 23,875 23,969 (Millions of yen) Fiscal year ended March 31, 2024 Fiscal year ended March 31, 2025 Extraordinary income Gain on sale of non-current assets 76 158 Gain on sale of investment securities - 30 Compensation for expropriation 115 - Total extraordinary income 192 188 Extraordinary losses Loss on sale of non-current assets 11 17 Loss on retirement of non-current assets 202 1 Loss on disaster 13 - Settlement payments 97 - Loss on revision of retirement benefit plan 107 - Total extraordinary losses 432 18 Profit before income taxes 23,634 24,140 Income taxes - current 7,437 7,977 Income taxes - deferred (439) (647) Total income taxes 6,998 7,329 Profit 16,636 16,810 Profit (loss) attributable to non-controlling interests 27 260 Profit attributable to owners of parent 16,608 16,550 Consolidated statement of comprehensive income (Millions of yen) Fiscal year ended March 31, 2024 Fiscal year ended March 31, 2025 Profit 16,636 16,810 Other comprehensive income Valuation difference on available-for-sale securities 7,054 (5,145) Foreign currency translation adjustment 2,713 789 Remeasurements of defined benefit plans, net of tax 816 126 Share of other comprehensive income of entities accounted for using equity method 95 151 Total other comprehensive income 10,679 (4,078) Comprehensive income 27,315 12,732 Comprehensive income attributable to Comprehensive income attributable to owners of parent 27,277 12,280 Comprehensive income attributable to non-controlling interests 38 451 Consolidated statement of changes in equity Fiscal year ended March 31, 2024 (Millions of yen) Shareholders' equity Share capital Capital surplus Retained earnings Treasury shares Total shareholders' equity Balance at beginning of period 11,316 12,332 194,873 (3,596) 214,926 Dividends of surplus (6,471) (6,471) Profit attributable to owners of parent 16,608 16,608 Purchase of treasury shares (4,072) (4,072) Disposal of treasury shares 9 392 401 Cancellation of treasury shares (9) (6,784) 6,794 - Change in shares of parent owned by entities accounted for using equity mcthod (69) (69) Net changes in items other than shareholders' equity - Total changes during period - 3,352 3,044 6,396 Balance at end of period 11,316 12,332 198,226 (552) 221,322 Accumulated other comprehensive income Share acquisition rights Non-controlling interests Total net assets Valuation difference on available-for-sale securities Foreign currency translation adjustment Remeasurements of defined benefit plans Total accumulated other comprehensive income Balance at beginning of period 10,423 3,490 32 13,947 210 314 229,399 Dividends of surplus (6,471) Profit attributable to owners of parent 16,608 Purchase of treasury shares (4,072) Disposal of treasury shares 401 Cancellation of treasury shares - Change in shares of parent owned by entities accounted for using equity mcthod (69) Net changes in items other than shareholders' equity 7,054 2,798 816 10,669 (49) 30 10,649 Total changes during period 7,054 2,798 816 10,669 (49) 30 17,046 Balance at end of period 17,477 6,289 849 24,616 161 344 246,445 Consolidated statement of changes in equity Fiscal year ended March 31, 2025 (Millions of yen) Shareholders' equity Share capital Capital surplus Retained earnings Treasury shares Total shareholders' equity Balance at beginning of period 11,316 12,332 198,226 (552) 221,322 Dividends of surplus (6,835) (6,835) Profit attributable to owners of parent 16,550 16,550 Purchase of treasury shares (10,001) (10,001) Disposal of treasury shares 166 (1) 10 174 Cancellation of treasury shares Change in shares of parent owned by entities accounted for using equity mcthod 69 69 Net changes in items other than shareholders' equity Total changes during period 166 9,712 (9,921) (42) Balance at end of period 11,316 12,499 207,939 (10,473) 221,280 Accumulated other comprehensive income Total net assets Valuation difference on available-for-sale securities Foreign currency translation adjustment Remeasurements of defined benefit plans Total accumulated other comprehensive income Share acquisition rights Non-controlling interests Balance at beginning of period 17,477 6,289 849 24,616 161 344 246,445 Dividends of surplus (6,835) Profit attributable to owners of parent 16,550 Purchase of treasury shares (10,001) Disposal of treasury shares 174 Cancellation of treasury shares Change in shares of parent owned by entities accounted for using equity mcthod 69 Net changes in items other than shareholders' equity (5,145) 750 126 (4,269) (8) 7,553 3,276 Total changes during period (5,145) 750 126 (4,269) (8) 7,553 3,234 Balance at end of period 12,332 7,039 975 20,346 152 7,898 249,679 Consolidated statement of cash flows (Millions of yen) Fiscal year ended March 31, 2024 Fiscal year ended March 31, 2025 Cash flows from operating activities Profit before income taxes 23,634 24,140 Depreciation 12,483 14,926 Increase (decrease) in provision for bonuses 613 178 Increase (decrease) in provision for bonuses for directors (and other officers) 5 5 Increase (decrease) in allowance for doubtful accounts 16 0 Increase (decrease) in retirement benefits asset and liability 232 (316) Increase (decrease) in provision for retirement benefits for directors (and other officers) 12 (10) Interest and dividend income (1,067) (1,395) Interest expenses 253 447 Share of loss (profit) of entities accounted for using equity method (573) (572) Loss (gain) on sale of non-current assets (64) (141) Loss on retirement of non-current assets 0 1 Loss (gain) on sale of investment securities - (30) Decrease (increase) in trade receivables (966) (790) Decrease (increase) in other assets 413 318 Increase (decrease) in trade payables 25 (3,424) Increase (decrease) in other liabilities 2,541 (774) Other, net 86 850 Subtotal 37,646 33,410 Interest and dividends received 1,603 1,846 Interest paid (249) (410) Income taxes paid (7,893) (7,204) Net cash provided by (used in) operating activities 31,107 27,642 (Millions of yen) Fiscal year ended March 31, 2024 Fiscal year ended March 31, 2025 Cash flows from investing activities Payments into time deposits (2,319) (1,120) Proceeds from withdrawal of time deposits 2,095 1,290 Proceeds from sale and redemption of securities 294 - Purchase of property, plant and equipment (23,517) (26,688) Proceeds from sale of property, plant and equipment 121 261 Purchase of intangible assets (459) (832) Purchase of investment securities (32) (1,008) Proceeds from sale of investment securities - 914 Loan advances (33) (22) Proceeds from collection of loans receivable 197 208 Purchase of shares of subsidiaries and associates (430) - Purchase of shares of subsidiaries resulting in change in scope of consolidation - (26,729) Other, net (256) (250) Net cash provided by (used in) investing activities (24,340) (53,978) Cash flows from financing activities Proceeds from short-term borrowings - 47,800 Repayments of short-term borrowings - (30,000) Proceeds from long-term borrowings 20,000 - Repayments of long-term borrowings (14,151) (2,538) Purchase of treasury shares (4,001) (10,001) Proceeds from issuance of bonds - 10,000 Redemption of bonds - (10,000) Proceeds from issuance of bonds with share acquisition rights - 22,110 Proceeds from sale of treasury shares 280 0 Dividends paid (6,471) (6,835) Dividends paid to non-controlling interests (7) (1,180) Other, net (57) (278) Net cash provided by (used in) financing activities (4,408) 19,076 Effect of exchange rate change on cash and cash equivalents 978 399 Net increase (decrease) in cash and cash equivalents 3,336 (6,859) Cash and cash equivalents at beginning of period 39,460 42,796 Cash and cash equivalents at end of period 42,796 35,937 (Segment information) Overview of Reporting Segments The Company's reporting segments are those of the Company's constituent units for which segregated financial information is available and is subject to periodic review by the Board of Directors to determine the allocation of management resources and evaluate performance. Depending on the type of services we provide, we have four reporting segments: Transportation, Warehousing, Packaging, and Testing. The Transportation segment is engaged in the transportation of automobiles and automobile parts, housing equipment, agricultural machinery, etc. The Warehousing segment is engaged in the storage of automobiles and automobile parts, housing equipment, agricultural machinery, etc. The "Packaging Business" is engaged in distribution processing, delivery agency of automobile parts, etc., export packaging, etc. The "Test Business" conducts testing of finished automobiles and automobiles, automobile parts, agricultural machinery, etc. Method of calculating the amount of sales, profits or losses, assets, liabilities and other items for each reporting segment The accounting methods for the reported business segments are generally identical to those used in the preparation of consolidated financial statements. The profit of the reporting segment is operating income. Inter-segment trading is based on prevailing market prices. Information on the amount of sales, profits or losses, assets, liabilities, and other items for each reporting segment. The previous fiscal year (April 1, 2023 to March 31, 2024) (in millions of yen) Reportable segments Other (Note) 1 Total Adjustment amount (Note) 2 Per consolidated financial statements Transportation segment Warehouse segment Packaging segment Test segment Total Sales automobile 32,315 9,797 24,302 22,195 88,611 527 89,138 - 89,138 Automotive Parts 21,564 9,803 10,948 470 42,786 1,423 44,209 - 44,209 housing 15,523 3,617 8,132 - 27,274 167 27,441 - 27,441 Agricultural Machinery 4,414 1,761 959 58 7,193 106 7,300 - 7,300 Food & Beverage 1,451 2,537 678 - 4,667 58 4,726 - 4,726 Newspapers & Publications 4,723 0 0 - 4,723 - 4,723 - 4,723 Other 20,405 10,737 8,788 157 40,088 2,948 43,037 - 43,037 Revenue generated from customer contracts 100,398 38,255 53,809 22,881 215,345 5,232 220,578 - 220,578 Other Earnings - 607 - - 607 1,138 1,745 - 1,745 Revenues from external customers 100,398 38,863 53,809 22,881 215,953 6,370 222,324 - 222,324 Transactions with other segments 373 299 283 11 968 2,419 3,387 (3,387) - Total 100,772 39,163 54,092 22,893 216,921 8,790 225,712 (3,387) 222,324 Segment Profit 5,585 8,328 3,320 3,329 20,563 612 21,175 60 21,235 Segment Assets 117,002 133,777 66,751 20,169 337,701 49,602 387,304 1,142 388,446 Other items Depreciation and amortization (Note)3 2,931 6,643 1,183 1,062 11,820 662 12,483 - 12,483 Investments in entities accounted for using equity method 2,539 - 186 - 2,725 1,541 4,266 - 4,266 Increase in property, plant and equipment and intangible assets (Note)3 4,617 11,442 2,681 705 19,446 3,692 23,139 - 23,139 Note: 1. The "Other" category is a business segment that is not included in the reporting segments, and includes customs clearance and automobile repair businesses. In addition, interest income related to operating and non-operating transactions is excluded in the "Other" section in order to better represent the actual situation. The adjustment amount of 60 million yen in segment profit is the difference between the elimination of business transactions and non-operating transactions. The adjusted amount of 1,142 million yen in segment assets consists of residual funds under management (time deposits, etc.) and long-term investment funds (investment securities). "Depreciation and amortization" and "increase in property, plant and equipment and intangible assets" include amortization and increase in long-term prepaid expenses. The current fiscal year (April 1, 2024 to March 31, 2025) (in millions of yen) Reportable segments Other (Note) 1 Total Adjustment amount (Note) 2 Per consolidated financial statements Transportation segment Warehouse segment Packaging segment Test segment Total Sales automobile 43,630 10,038 26,998 23,588 104,255 583 104,838 - 104,838 Automotive Parts 24,939 11,508 11,662 508 48,619 1,424 50,043 - 50,043 housing 16,178 3,460 8,001 - 27,639 149 27,789 - 27,789 Agricultural Machinery 4,456 1,913 970 30 7,371 81 7,452 - 7,452 Food & Beverage 1,826 2,495 817 - 5,139 14 5,153 - 5,153 Newspapers & Publications 4,698 0 - - 4,698 - 4,698 - 4,698 Other 22,233 10,829 8,914 24 42,001 4,025 46,027 - 46,027 Revenue generated from customer contracts 117,963 40,245 57,364 24,152 239,726 6,277 246,003 - 246,003 Other Earnings - 635 - - 635 1,250 1,886 - 1,886 Revenues from external customers 117,963 40,881 57,364 24,152 240,362 7,527 247,890 - 247,890 Transactions with other segments 409 301 532 16 1,259 2,526 3,785 (3,785) - Total 118,373 41,182 57,896 24,168 241,621 10,054 251,675 (3,785) 247,890 Segment profit (loss) 6,314 8,558 4,248 3,989 23,111 (16) 23,095 60 23,155 Segment Assets 132,416 134,337 62,519 18,957 348,231 78,913 427,144 1,614 428,759 Other items Depreciation and amortization (Note)3 4,492 7,023 1,294 880 13,691 1,234 14,926 - 14,926 Investments in entities accounted for using equity method 2,713 - 192 - 2,906 1,922 4,829 - 4,829 Increase in property, plant and equipment and intangible assets (Note)3 7,062 12,713 2,422 1,783 23,982 3,574 27,556 - 27,556 Note: 1. The "Other" category is a business segment that is not included in the reporting segments, and includes customs clearance and automobile repair businesses. In addition, interest income related to operating and non-operating transactions is excluded in the "Other" section in order to better represent the actual situation. The adjustment amount of 60 million yen in segment profit is the difference between the elimination of business transactions and non-operating transactions. The adjusted amount of 1,614 million yen in segment assets consists of residual funds under management (time deposits, etc.) and long-term investment funds (investment securities). "Depreciation and amortization" and "increase in property, plant and equipment and intangible assets" include amortization and increase in long-term prepaid expenses. Information on amortization and unamortized balances of goodwill by reporting segment The previous fiscal year (April 1, 2023 to March 31, 2024) It is omitted because it is not important. The current fiscal year (April 1, 2024 to March 31, 2025) (in millions of yen) Transportation segment Warehouse segment Packaging segment Test segment Other Total Depreciation for the period 466 36 22 - 0 525 Balance at the end of the current fiscal year 3,758 146 89 - 8,173 12,167

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