Mitsubishi Logistics revises forecast, boosts profit on asset sales

Mitsubishi Logistics Corporation has revised its full-year consolidated financial results forecast for the fiscal year ending March 31, 2026. The company now expects Revenue of JPY280,000 million (down from JPY290,000 million), Operating profit of JPY16,000 million (down from JPY20,000 million), and Ordinary profit of JPY20,600 million (down from JPY24,400 million). However, Profit attributable to owners of parent is projected to increase to JPY45,000 million (up from JPY40,400 million), primarily due to an increase in gain on sales of investment securities.

To enhance shareholder value, the company is introducing a shareholder benefits program, providing electronic money based on shareholding size and continuous holding period, effective March 31, 2026. Separately, Mitsubishi Logistics will implement a restricted stock incentive plan for its employee shareholding association, disposing of 1,019,970 treasury shares at JPY1,110.5 per share, totaling JPY1,132,676,685. This aims to foster long-term stock ownership and align employee incentives with company growth.

The estimated gain on sale of investment securities, approximately JPY7.4 billion, will be reported as extraordinary income in the fiscal year ending March 31, 2026, and is already incorporated into the revised consolidated financial results forecast. These strategic moves are part of the company's plan to reduce cross-held shares to less than 20% of net assets by the end of FY2025.