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Inui Global Logistics, Ordinary Profit Forecast for the Fiscal Year Revised Downward by 12%, Dividend Revised down by 0.46 Yen

Tue Nov 11, 2025 3:00 pm JST Earnings

9308 Inui Global Logistics Co., Ltd. 【J-GAAP】

Earnings Report

Inui Global Logistics Co., Ltd. <9308> [TSE Std] announced its financial results in the afternoon session on November 11th (15:00). The consolidated ordinary profit/loss for the cumulative second quarter of the fiscal year ending March 2026 (April to September) turned into a loss of 0.13 billion yen (compared to a profit of 2.70 billion yen in the same period last year).

In addition, the full-year forecast for consolidated ordinary profit has decreased 12.1%, from the previous forecast of 0.67 billion yen to 0.59 billion yen (compared to 3.83 billion yen in the previous period), leading to an increase in the profit decline rate from 82.3% to 84.5%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to drop 35.4% from the same period last year to 0.72 billion yen.

Due to a decline in performance, the company has reduced its planned annual dividend for the current fiscal year from the original plan of 7.25 yen to 6.79 yen (compared to 76 yen in the previous period).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit/loss turned to a loss of 0.18 billion yen (compared to a profit of 1.09 billion yen in the same period last year). The operating profit/loss margin drastically worsened from 14.7% in the same period last year to -2.3%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 14,943 852 1,097 299 12.0 57.2 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 16,696 2,824 2,709 3,261 129.9 70.6 Nov 8, 2024 J-GAAP
Apr - Sep, 2025 15,692 -71 -132 -9 -0.4 ー Nov 11, 2025 J-GAAP
YoY -6.0% － － － －

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance 16,286 -122 -205 -220 -8.7 3 Aug 8, 2025 J-GAAP
Apr - Sep, 2025 Results 15,692 -71 -132 -9 -0.4 3 Nov 11, 2025 J-GAAP
Revision Rate -3.6% +41.8% +35.6% +95.9% +95.8%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 32,424 870 678 607 24.1 7.25 Aug 8, 2025 J-GAAP
Mar, 2026 New 32,340 810 596 570 22.6 6.79 Nov 11, 2025 J-GAAP
Revision Rate -0.3% -6.9% -12.1% -6.1% -6.1%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 15,074 832 1,127 1,760 70.1 70 May 13, 2025 J-GAAP
Oct - Mar, 2025 Guidance 16,648 881 728 579 23.0 3.79 Nov 11, 2025 J-GAAP
YoY +10.4% +5.9% -35.4% -67.1% -67.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 29,494 1,678 1,917 1,194 47.6 14.28 May 13, 2024 J-GAAP
Mar, 2025 31,770 3,656 3,836 5,021 199.9 76 May 13, 2025 J-GAAP
Mar, 2026 Guidance 32,340 810 596 570 22.6 6.79 Nov 11, 2025 J-GAAP
YoY +1.8% -77.8% -84.5% -88.6% -88.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 8,278 1,217 1,092 2,379 94.8 14.7 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 7,741 941 1,238 1,063 42.3 12.2 Feb 13, 2025 J-GAAP
Jan - Mar, 2025 7,333 -109 -111 697 27.8 -1.5 May 13, 2025 J-GAAP
Apr - Jun, 2025 7,357 121 53 269 10.7 1.6 Aug 8, 2025 J-GAAP
Jul - Sep, 2025 8,335 -192 -185 -278 -11.4 -2.3 Nov 11, 2025 J-GAAP
YoY +0.7% － － － －

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