Summary of Financial Results

As for the business environment surrounding the Yamato Group, the global inflationary trend became more stable, but in Japan, it remains hard to anticipate a full-fledged economic recovery. Costs are expected to rise as a result of changes in the external environment, such as the application of upper limits to overtime for the driving of vehicles, which started in April 2024 (the “2024 issue”). Moreover, in the medium- to long-term, we are anticipating the expansion of EC, heightened geopolitical risks, the acceleration of the decline in birth rate and aging of society, the depopulation of rural areas, as well as the intensifying of labor shortage and climate change.
Under these circumstances, Yamato Group has set a “value-creating company that contributes to the realization of a sustainable future” as its aspiration for 2030, and set the medium-term management plan "Sustainability Transformation 2030 ~1st Stage~", with the fiscal year ending March 2027 as the final year, in order to realize sustainable corporate value enhancement by “Helping to enrich our society”, which is part of our Management Philosophy. In accordance with this plan, the Group will work to reinforce the TA-Q-BIN network and enhance the value provided, expand the Corporate business domain by providing solutions that cover the entire supply chain, commercialize new business models that cater to the needs of diversifying customers and society, and strengthen the Group’s business platform, thereby generating “economic value”, as well as creating “environmental value” and “social value” through our initiatives to achieve social sustainability.

For the fiscal year ending March 2025, we will bring operating revenues back to a growth trajectory, based on the strategies outlined in the medium-term management plan, and by addressing the various needs and expectations of customers, while promptly implementing new initiatives for future growth, such as our facilities strategy to reinforce the TA-Q-BIN network, utilizing digital technologies to reform "sorting operations", "transportation", and "work styles", and the starting of freighter operations, thereby achieving further growth in the second year of the medium-term plan and onwards.

As for the consolidated earnings forecast for the full year, we are anticipating operating revenues of 1,820 billion yen, operating profit of 50 billion yen, ordinary profit of 50 billion yen, and profit attributable to owners of parent of 32 billion yen.