Maru-un (9067) announced on the 8th its consolidated financial results for the second quarter of the fiscal year ending March 2025 (April-September 2024). Operating revenue increased by 1.8% year-on-year to 22.568 billion yen, operating profit rose by 164.7% to 0.496 billion yen, recurring profit increased by 119.6% to 0.557 billion yen, and interim net profit attributable to shareholders of the parent company was 307.6% higher at 0.509 billion yen.

Operating revenue from freight trucking decreased by 1.5% year-on-year to 11.091 billion yen, while recurring profit increased by 0.165 billion yen to 0.238 billion yen compared to the same period last year. Although there were revenue decreases due to a decline in aluminum transport and distribution processing business, improvements in financial conditions due to changes in freight rates and increased handling in rail container transportation led to decreased revenue but increased profits.

Operating revenue from energy transport increased by 4.3% year-on-year to 7.747 billion yen, and recurring profit grew by 0.097 billion yen to 0.159 billion yen. Despite wage increases for drivers and higher payments to partner companies, increased operating revenue accompanied by freight rate changes from major clients resulted in increased revenue and profits.

Operating revenue from overseas logistics increased by 7.4% year-on-year to 2.768 billion yen, although recurring losses increased by 0.013 billion yen to 0.007 billion yen. Despite decreased transport volume from major clients due to poor sales of Japanese and European auto manufacturers in china, increased export volumes due to soaring air freight rates in international business and recovery of semiconductor demand, as well as rate changes, resulted in increased revenue and profits.

Operating revenue from tech support increased by 6.5% year-on-year to 0.943 billion yen, and recurring profit increased by 0.031 billion yen to 0.057 billion yen. Although there was a decrease in revenue from the review of service fees related to oil tank facilities, increased revenue and profits were achieved in refinery-related services due to changes in fees for internal work and greening work, as well as an increase in handling volume for delivery operations.

Regarding the full-year performance for the fiscal year ending March 2025, a revision of the financial estimates was announced on the same day. Operating revenue is expected to increase by 0.7% from the previous period to 45.3 billion yen (a decrease of 1.1% from the previous estimate), operating profit is forecasted to rise by 76.7% (7.1% increase) to 0.9 billion yen, recurring profit is anticipated to increase by 43.3% (7.4% increase) to 1.01 billion yen, and net income attributable to shareholders of the parent company is expected to grow by 80.1% (31.6% increase) to 0.75 billion yen.

Additionally, it was announced that the year-end dividend would be revised from the previous estimate of 5.00 yen per share to 8.00 yen (ordinary dividend of 5.00 yen and special dividend of 3.00 yen). As a result, the dividend per share for the fiscal year ending March 2025 will be 13.00 yen (an increase of 4.00 yen from the previous period).