Ait Corporation announces financial results of LOGISTEED, Ltd. affiliate

Ait Corporation (TSE:9381) announced the financial results of its non-listed affiliated company, LOGISTEED, Ltd., for the fiscal year ending March 31, 2025. LOGISTEED, a comprehensive logistics services provider, reported total assets of JPY 1,755,000 million, up from JPY 1,559,976 million in the previous year. Equity rose to JPY 642,485 million from JPY 557,700 million. Revenues climbed to JPY 910,742 million, with net income reported at JPY 31,952 million. This growth is underpinned by increases in trade receivables and contract assets, as well as significant rises in goodwill and property, plant and equipment. Simultaneously, Ait Corporation also shared details on LOGISTEED's ownership structure, board members, and key financials, providing a comprehensive overview of its affiliated company's performance and governance.