Summary of Financial Results

In the business environment surrounding the Yamato Group, the future outlook remains uncertain, due to factors such as the instability in global affairs, as well as fluctuations in the financial markets. Meanwhile, cost hikes are expected to continue due to changes in the external environment, such as the impact of inflation, as well as the regulation to set a “cap to overtime work (the 2024 issue)" for drivers. Moreover, we are anticipating medium- to long-term changes including the further expansion of EC, the heightening of geopolitical risks, the declining birthrate and the aging society, the depopulation of rural areas, as well as labor shortage and climate change intensifying.

Against this backdrop, the Yamato Group has set our aspiration for 2030 as becoming a “value-creating company that contributes to the realization of a sustainable future”, to realize the sustainable enhancement of corporate value through "helping to enrich our society" as stated in our management philosophy. We are positioning the medium-term management plan “Sustainability Transformation 2030 ~1st Stage~” which lasts until the fiscal year ending March 2027, as the “three years to strengthen the TA-Q-BIN network and transforming the business portfolio”, and will work on initiatives such as reinforcing the TA-Q-BIN network and enhancing value provided, expanding the corporate business domain by providing solutions that cover the entire supply chain, commercializing new business models that address the diversifying needs of customers and society, and strengthening our Group management platform, in order to create “economic value”, as well as “environmental value” and “social value” to make our society more sustainable.

For the fiscal year ending March 31, 2026, in the core TA-Q-BIN business, we will focus on transforming the revenue structure and implementing appropriate pricing in accordance with the value-add. In the corporate business, we will put operating revenue back on a growth trend by making proposals and winning mandates leveraging the corporate transportation & delivery network and our operational expertise. At the same time, we will reinforce the TA-Q-BIN network by making it more efficient and sustainable through our facilities strategy,
while will enhancing transportation and loading efficiency in response to customer needs, optimizing operating costs by controlling fixed costs and managing variable costs in line with volume fluctuations, thereby contributing to further profit growth.

The consolidated full-year forecast includes operating revenues of 1,880,000 million yen, operating profit of 40,000 million yen, ordinary profit of 40,000 million yen, and profit attributable to owners of parent of 24,000 million yen.