NIKKON : Consolidated Financial Results for the Fiscal Year Ended March 31, 2026(Under Japanese GAAP)

Published May 8, 2026 at 6:27 a.m. UTC

Source: MarketScreener

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 8, 2026

Consolidated Financial Results for the Fiscal Year Ended March 31, 2026 (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, Representative Director and Managing Executive Officer Telephone: +81-3-3541-5330

Scheduled date of annual general meeting of shareholders: June 29, 2026 Scheduled date to commence dividend payments: June 12, 2026

Scheduled date to file annual securities report: June 26, 2026

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, 2026 (from April 1, 2025 to March 31, 2026)

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, 2026	269,862	8.9	23,818	2.9	24,853	3.7	18,237	10.2
March 31, 2025	247,890	11.5	23,155	9.0	23,969	0.4	16,550	(0.4)

Note: Comprehensive income For the fiscal year ended March 31, 2026:	¥20,183 million	[58.5%]
For the fiscal year ended March 31, 2025:	¥12,732 million	[(53.4)%]

	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, 2026	152.85	139.88	7.6	5.7	8.8
March 31, 2025	133.99	123.25	6.8	5.8	9.3

Reference: Share of profit (loss) of entities accounted for using equity method

For the fiscal year ended March 31, 2026: ¥527 million

For the fiscal year ended March 31, 2025: ¥572 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.

Note: In the current fiscal year, the provisional accounting treatment for the business combination was finalized, and the figures for the previous fiscal year reflect the details of the provisional accounting treatment.

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, 2026	436,395	242,805	54.5	2,037.86
March 31, 2025	431,273	250,635	56.0	1,998.82

Reference: Equity

As of March 31, 2026: ¥237,733 million

As of March 31, 2025: ¥241,627 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, 2026	38,157	(25,564)	(11,119)	36,705
March 31, 2025	27,642	(53,978)	19,076	35,937

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	Total cash dividends (Total)	Payout ratio (Consolidated)	Ratio of dividends to net assets (Consolidated)
	Yen	Yen	Yen	Yen	Yen	Millions of yen	%	%
Fiscal year ended March 31, 2025	-	54.00	-	27.00	-	6,630	40.3	2.7
Fiscal year ended March 31, 2026	-	37.00	-	38.00	75.00	8,892	49.1	3.7
Fiscal year ending March 31, 2027 (Forecast)		56.00		56.00	112.00		59.9

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, 2027 (from April 1, 2026 to March 31, 2027)

(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, 2026	140,000	6.1	13,000	20.7	13,400	21.3	12,100	68.0	103.72
Fiscal year ending March 31, 2027	285,000	5.6	26,700	12.1	27,500	10.6	22,300	22.3	191.16

* Notes

Significant changes in the scope of consolidation during the period: None
Changes in accounting policies, changes in accounting estimates, and restatement
1. Changes in accounting policies due to revisions to accounting standards and other regulations: None
2. Changes in accounting policies due to other reasons: None
3. Changes in accounting estimates: None
4. 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, 2026	126,479,784 shares
As of March 31, 2025	126,479,784 shares

Number of treasury shares at the end of the period

As of March 31, 2026	9,821,512 shares
As of March 31, 2025	5,594,372 shares

Average number of shares outstanding during the period

Fiscal year ended March 31, 2026	119,313,143 shares
Fiscal year ended March 31, 2025	123,514,017 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, 2025 and 98,400 shares at the end of the fiscal year ending March 31, 2026) 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, 2026 (from April 1, 2025 to March 31, 2026)

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, 2026	12,553	30.6	9,751	35.7	9,498	43.8	9,219	44.0
March 31, 2025	9,610	(11.5)	7,186	(19.3)	6,605	(31.9)	6,403	(30.1)

	Basic earnings per share	Diluted earnings per share
Fiscal year ended	Yen	Yen
March 31, 2026	77.27	70.68
March 31, 2025	51.84	47.67

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, 2026	272,209	101,894	37.4	872.13
March 31, 2025	266,548	114,797	43.0	948.38

Reference: Equity

As of March 31, 2026: ¥101,741 million

As of March 31, 2025: ¥114,644 million

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, 2025	As of March 31, 2026
Assets
Current assets
Cash and deposits	36,784	37,512
Notes and accounts receivable - trade	37,079	35,773
Electronically recorded monetary claims - operating	6,302	5,323
Merchandise and finished goods	153	164
Raw materials and supplies	778	969
Other	5,944	6,107
Allowance for doubtful accounts	(27)	(16)
Total current assets	87,015	85,834
Non-current assets
Property, plant and equipment
Buildings and structures	264,601	280,471
Accumulated depreciation	(138,573)	(148,238)
Buildings and structures, net	126,028	132,233
Machinery, equipment and vehicles	72,251	78,272
Accumulated depreciation	(58,222)	(62,134)
Machinery, equipment and vehicles, net	14,029	16,137
Tools, furniture and fixtures	12,891	14,002
Accumulated depreciation	(10,509)	(11,517)
Tools, furniture and fixtures, net	2,381	2,484
Land	122,156	125,222
Leased assets	773	797
Accumulated depreciation	(472)	(478)
Leased assets, net	300	319
Construction in progress	7,956	4,714
Total property, plant and equipment	272,853	281,111
Intangible assets
Customer-related intangible assets	16,596	15,450
Goodwill	9,804	8,447
Other	4,986	5,227
Total intangible assets	31,387	29,125
Investments and other assets
Investment securities	28,031	27,302
Long-term loans receivable	30	741
Deferred tax assets	4,273	3,766
Retirement benefit asset	655	1,221
Other	7,065	7,329
Allowance for doubtful accounts	(38)	(38)
Total investments and other assets	40,017	40,323
Total non-current assets	344,258	350,560
Total assets	431,273	436,395

(Millions of yen)

As of March 31, 2025	As of March 31, 2026
Liabilities
Current liabilities
Notes and accounts payable - trade	11,223	12,945
Electronically recorded obligations - operating	4,296	1,760
Short-term borrowings	20,466	7,358
Current portion of bonds payable	10,000	10,000
Lease liabilities	112	116
Income taxes payable	4,779	5,333
Provision for bonuses	4,984	4,834
Provision for bonuses for directors (and other officers)	249	258
Notes payable - facilities	51	-
Electronically recorded obligations - non-operating	4,542	951
Other	15,934	16,197
Total current liabilities	76,641	59,755
Non-current liabilities
Bonds payable	40,000	40,000
Convertible-bond-type bonds with share acquisition rights	22,105	22,089
Long-term borrowings	25,743	56,139
Lease liabilities	214	232
Deferred tax liabilities	8,371	8,301
Retirement benefit liability	5,196	4,357
Provision for retirement benefits for directors (and other officers)	556	565
Other provisions	14	21
Other	1,794	2,125
Total non-current liabilities	103,996	133,834
Total liabilities	180,638	193,590
Net assets
Shareholders' equity
Share capital	11,316	11,316
Capital surplus	12,499	11,207
Retained earnings	207,939	218,454
Treasury shares	(10,473)	(25,473)
Total shareholders' equity	221,280	215,504
Accumulated other comprehensive income
Valuation difference on available-for-sale securities	12,332	12,397
Foreign currency translation adjustment	7,039	8,379
Remeasurements of defined benefit plans	975	1,451
Total accumulated other comprehensive income	20,346	22,229
Share acquisition rights	152	152
Non-controlling interests	8,855	4,918
Total net assets	250,635	242,805
Total liabilities and net assets	431,273	436,395

Consolidated statement of income

(Millions of yen)

Fiscal year ended March 31, 2025	Fiscal year ended March 31, 2026
Net sales
Transportation income	117,963	124,339
Warehouse income	40,881	42,976
Packaging income	57,364	57,648
Other revenue	31,680	44,897
Total net sales	247,890	269,862
Cost of sales
Transportation cost	103,588	108,497
Warehouse cost	30,022	31,725
Packaging cost	49,911	49,812
Other costs	25,563	36,977
Total cost of sales	209,086	227,012
Gross profit	38,803	42,849
Selling, general and administrative expenses
Personnel expenses	7,576	8,719
Provision for bonuses	451	501
Provision for bonuses for directors (and other officers)	223	258
Retirement benefit expenses	88	74
Provision for retirement benefits for directors (and other officers)	80	123
Other personnel expenses	6,732	7,760
Depreciation	1,438	2,343
Taxes and dues	1,397	1,384
Travel and transportation expenses	387	399
Provision of allowance for doubtful accounts	(0)	(2)
Other	4,849	6,186
Total selling, general and administrative expenses	15,648	19,031
Operating profit	23,155	23,818
Non-operating income
Interest income	192	227
Dividend income	1,202	1,183
Rental income	79	79
Share of profit of entities accounted for using equity method	572	527
Subsidy income	297	497
Miscellaneous income	515	394
Total non-operating income	2,859	2,910
Non-operating expenses
Interest expenses	447	790
Foreign exchange losses	1,253	608
Miscellaneous expenses	344	477
Total non-operating expenses	2,045	1,875
Ordinary profit	23,969	24,853

(Millions of yen)

Fiscal year ended March 31, 2025	Fiscal year ended March 31, 2026
Extraordinary income
Gain on sale of non-current assets	158	742
Gain on sale of investment securities	30	1,424
Gain on revision of retirement benefit plan	-	481
Total extraordinary income	188	2,648
Extraordinary losses
Loss on sale of non-current assets	17	79
Loss on retirement of non-current assets	1	74
Loss on sale of investment securities	-	0
Total extraordinary losses	18	154
Profit before income taxes	24,140	27,347
Income taxes - current	7,977	8,755
Income taxes - deferred	(647)	223
Total income taxes	7,329	8,978
Profit	16,810	18,368
Profit attributable to non-controlling interests	260	131
Profit attributable to owners of parent	16,550	18,237

Consolidated statement of comprehensive income

(Millions of yen)

Fiscal year ended March 31, 2025	Fiscal year ended March 31, 2026
Profit	16,810	18,368
Other comprehensive income
Valuation difference on available-for-sale securities	(5,145)	32
Foreign currency translation adjustment	789	1,239
Remeasurements of defined benefit plans, net of tax	126	476
Share of other comprehensive income of entities accounted for using equity method	151	66
Total other comprehensive income	(4,078)	1,814
Comprehensive income	12,732	20,183
Comprehensive income attributable to
Comprehensive income attributable to owners of parent	12,280	20,119
Comprehensive income attributable to non-controlling interests	451	64

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
Changes during period
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
Change in shares of parent owned by entities accounted for using equity mcthod				69	69
Purchase of shares of consolidated subsidiaries
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				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	Share acquisition rights	Non-controlling interests	Total net assets
Balance at beginning of period	17,477	6,289	849	24,616	161	344	246,445
Changes during period
Dividends of surplus							(6,835)
Profit attributable to owners of parent							16,550
Purchase of treasury shares							(10,001)
Disposal of treasury shares							174
Change in shares of parent owned by entities accounted for using equity mcthod							69
Purchase of shares of consolidated subsidiaries
Net changes in items other than shareholders' equity	(5,145)	750	126	(4,269)	(8)	8,510	4,232
Total changes during period	(5,145)	750	126	(4,269)	(8)	8,510	4,190
Balance at end of period	12,332	7,039	975	20,346	152	8,855	250,635

Consolidated statement of changes in equity Fiscal year ended March 31, 2026

(Millions of yen)

	Shareholders' equity
	Share capital	Capital surplus	Retained earnings	Treasury shares	Total shareholders' equity
Balance at beginning of period	11,316	12,499	207,939	(10,473)	221,280
Changes during period
Dividends of surplus			(7,722)		(7,722)
Profit attributable to owners of parent			18,237		18,237
Purchase of treasury shares				(14,999)	(14,999)
Disposal of treasury shares
Change in shares of parent owned by entities accounted for using equity mcthod
Purchase of shares of consolidated subsidiaries		(1,291)			(1,291)

Net changes in items other than shareholders' equity
Total changes during period		(1,291)	10,515	(14,999)	(5,776)
Balance at end of period	11,316	11,207	218,454	(25,473)	215,504

	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	Share acquisition rights	Non-controlling interests	Total net assets
Balance at beginning of period	12,332	7,039	975	20,346	152	8,855	250,635
Changes during period
Dividends of surplus							(7,722)
Profit attributable to owners of parent							18,237
Purchase of treasury shares							(14,999)
Disposal of treasury shares
Change in shares of parent owned by entities accounted for using equity mcthod
Purchase of shares of consolidated subsidiaries							(1,291)
Net changes in items other than shareholders' equity	65	1,339	476	1,882		(3,936)	(2,054)
Total changes during period	65	1,339	476	1,882		(3,936)	(7,830)
Balance at end of period	12,397	8,379	1,451	22,229	152	4,918	242,805

Consolidated statement of cash flows

(Millions of yen)

Fiscal year ended March 31, 2025	Fiscal year ended March 31, 2026
Cash flows from operating activities
Profit before income taxes	24,140	27,347
Depreciation	14,926	17,424
Increase (decrease) in provision for bonuses	178	(166)
Increase (decrease) in provision for bonuses for directors (and other officers)	5	8
Increase (decrease) in allowance for doubtful accounts	0	(10)
Increase (decrease) in retirement benefits asset and liability	(316)	(717)
Increase (decrease) in provision for retirement benefits for directors (and other officers)	(10)	9
Interest and dividend income	(1,395)	(1,411)
Interest expenses	447	790
Share of loss (profit) of entities accounted for using equity method	(572)	(527)
Loss (gain) on sale of non-current assets	(141)	(663)
Loss on retirement of non-current assets	1	7
Loss (gain) on sale of investment securities	(30)	(1,424)
Decrease (increase) in trade receivables	(790)	2,757
Decrease (increase) in other assets	318	147
Increase (decrease) in trade payables	(3,424)	(814)
Increase (decrease) in other liabilities	(774)	571
Other, net	850	1,500
Subtotal	33,410	44,827
Interest and dividends received	1,846	2,229
Interest paid	(410)	(675)
Income taxes paid	(7,204)	(8,223)
Net cash provided by (used in) operating activities	27,642	38,157

(Millions of yen)

Fiscal year ended March 31, 2025	Fiscal year ended March 31, 2026
Cash flows from investing activities
Payments into time deposits	(1,120)	(1,383)
Proceeds from withdrawal of time deposits	1,290	1,452
Purchase of securities	-	(737)
Proceeds from sale and redemption of securities	-	761
Purchase of property, plant and equipment	(26,688)	(26,876)
Proceeds from sale of property, plant and equipment	261	1,139
Purchase of intangible assets	(832)	(1,275)
Purchase of investment securities	(1,008)	(632)
Proceeds from sale of investment securities	914	2,586
Loan advances	(22)	(854)
Proceeds from collection of loans receivable	208	332
Purchase of shares of subsidiaries resulting in change in scope of consolidation	(26,729)	-
Other, net	(250)	(76)
Net cash provided by (used in) investing activities	(53,978)	(25,564)
Cash flows from financing activities
Purchase of shares of subsidiaries not resulting in change in scope of consolidation	-	(1,160)
Proceeds from short-term borrowings	47,800	4,000
Repayments of short-term borrowings	(30,000)	(17,800)
Proceeds from long-term borrowings	-	34,000
Repayments of long-term borrowings	(2,538)	(2,859)
Purchase of treasury shares	(10,001)	(14,999)
Proceeds from sale of treasury shares	0	-
Purchase of treasury shares of subsidiaries	-	(4,205)
Proceeds from issuance of bonds	10,000	10,000
Redemption of bonds	(10,000)	(10,000)
Proceeds from issuance of bonds with share acquisition rights	22,110	-
Dividends paid	(6,835)	(7,722)
Dividends paid to non-controlling interests	(1,180)	(286)
Other, net	(278)	(85)
Net cash provided by (used in) financing activities	19,076	(11,119)
Effect of exchange rate change on cash and cash equivalents	399	(705)
Net increase (decrease) in cash and cash equivalents	(6,859)	767
Cash and cash equivalents at beginning of period	42,796	35,937
Cash and cash equivalents at end of period	35,937	36,705

(Notes on segment information, etc.) 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. "Kura
The "Warehouse Business" is engaged in the storage of automobiles and automobile parts, housing equipment, agricultural machinery, etc. "Packaging Business"
We are engaged in distribution processing, delivery agency of automobile parts, 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, 2024 to March 31, 2025)

(Millions of yen)
	Reportable segments					Others (Note 1)	Total	Adjustment amount (Note) 2	Per consolidated financial statements
	Transportation segment	Warehouse segment	Packaging segment	Test segment	Total	Others (Note 1)	Total	Adjustment amount (Note) 2	Per consolidated financial statements
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	81,427	429,658	1,614	431,273
Other items
Depreciation and amortization (Note 2)	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 2)	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.
In the current fiscal year, the provisional accounting treatment for the business combination was finalized, and the segment information for the previous fiscal year shows the amount after the significant revision of the initial allocation of acquisition costs due to the finalization of the provisional accounting treatment is reflected.

The current fiscal year (April 1, 2025 to March 31, 2026)

(Millions of yen)
	Reportable segments					Others (Note 1)	Total	Adjustment amount (Note) 2	Per consolidated financial statements
	Transportation segment	Warehouse segment	Packaging segment	Test segment	Total	Others (Note 1)	Total	Adjustment amount (Note) 2	Per consolidated financial statements
Sales
automobile	47,036	10,820	26,176	23,615	107,648	4,364	112,012	-	112,012
Automotive Parts	25,725	12,454	12,209	815	51,205	5,868	57,073	-	57,073
housing	16,816	3,415	8,030	-	28,263	1,862	30,125	-	30,125
Agricultural Machinery	4,841	1,675	1,016	7	7,541	85	7,626	-	7,626
Food & Beverage	1,908	2,238	882	-	5,029	283	5,313	-	5,313
Newspapers & Publications	4,472	0	82	-	4,556	-	4,556	-	4,556
Other	23,538	11,595	9,250	130	44,515	5,462	49,977	-	49,977
Revenue generated from customer contracts	124,339	42,201	57,648	24,569	248,759	17,927	266,686	-	266,686
Other Earnings	-	775	-	-	775	2,400	3,175	-	3,175

Revenues from external customers	124,339	42,976	57,648	24,569	249,534	20,327	269,862	-	269,862
Transactions with other segments	385	295	510	24	1,216	2,559	3,775	(3,775)	-
Total	124,724	43,272	58,159	24,594	250,750	22,887	273,637	(3,775)	269,862
Segment profit (loss)	7,523	8,826	4,429	4,016	24,794	(1,064)	23,730	87	23,818
Segment Assets	133,966	139,725	64,230	18,253	356,177	79,257	435,434	960	436,395
Other items
Depreciation and amortization (Note 2)	4,773	7,684	1,493	1,093	15,044	2,379	17,424	-	17,424
Investments in entities accounted for using equity method	2,860	-	190	-	3,050	1,541	4,592	-	4,592
Increase in property, plant and equipment and intangible assets (Note 2)	6,343	10,249	2,876	853	20,322	4,274	24,597	-	24,597

Note: 1. The "Other" category refers to business segments that are not included in the reporting segments, and includes customs clearance and the manufacturing and sales of packaging materials. 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 87 million yen in segment profit is the difference between the elimination of business transactions and non-operating transactions.
The adjusted amount of 960 million yen in segment assets consists of surplus 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, 2024 to March 31, 2025)

(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	-	5,809	9,804

Note: In the current fiscal year, the provisional accounting treatment for the business combination was finalized, and the undepreciated balance for the previous fiscal year is the amount after the significant revision of the initial allocation of acquisition costs due to the finalization of the provisional accounting treatment is reflected.

The current fiscal year (April 1, 2025 to March 31, 2026)

(Millions of yen)

	Transportation segment	Warehouse segment	Packaging segment	Test segment	Other	Total
Depreciation for the period	594	36	19	-	645	1,296
Balance at the end of the current fiscal year	3,116	109	57	-	5,164	8,447