Message from the President
To Our Shareholders
Thank you for your continued support.
Results for the Fiscal Year Ended March 2025
Net sales for the fiscal year ended March 2025 amounted to ¥344,987 million, an increase of 9.5% year on year. This result was due to a recovery in air cargo rates, higher volume at overseas locations, and subsidiary consolidations in Mexico and Canada in the International-Related Business. Additional contributing factors included increased Airport-Related Business volume driven by the recovery of international passenger flights and the receipt of higher unit prices stemming from the shift to larger aircrafts; the acquisition of large-scale contracts in the Engineering-Related Business; and higher warehousing and transportation volumes in the Food Products-Related Business stemming from steady customer growth and the operation of a new warehouse.
Operating income amounted to ¥21,385 million (up 28.6% year on year), ordinary income amounted to ¥21,295 million (up 25.0%), and profit attributable to owners of parent amounted to ¥14,050 million (up 23.8%). In addition to a recovery driven by Airport-Related volume, we continued to improve profitability, streamlining operations and collecting appropriate unit prices.
Medium-Term Business Plan 2027
Our 2030 Vision is People, leveraging technology to reach for new heights. To achieve this vision, we launched a new medium-term business plan from the fiscal year ending March 2026 through the fiscal year ending March 2028.
Under a basic policy to maximize employee happiness and corporate value through investments in growth and infrastructure investments in people, technology, and ICT, the KONOIKE Group pursues a plan founded on three pillars of business strategy: (1) Overseas business expansion, (2) Strengthening businesses in Japan, and (3) Reforming business structure.
Our Overseas Business focuses on North and Central America and India, which are our priority regions. Our Domestic Business focuses on existing businesses in Japan and on investing for growth, including M&A.
We continue to invest in human capital, including improved pay, and our investments in technology and ICT aim to improve productivity with AI, software, and other advancements.
Shareholder Returns
As announced previously, we plan to pay a ¥61.0 per share year-end dividend for the fiscal year ended March 2025, which will result in a total annual dividend of ¥96.0 per share for the year. Under our Medium-Term Management Plan 2027, we follow a policy to return profits to shareholders through ongoing stable dividends, aiming for a payout ratio of at least 40%. We will also consider share buybacks, balancing our preference for stock liquidity improvement with the business environment and financial condition.
I ask for your continued support as we strive to move forward.
Representative Director, Chairman, President and Chief Executive Officer 