Message from the President


Message from the President

We would like to hereby express our deep gratitude for your generous support and cooperation.

Under the philosophy of Eiichi Shibusawa, we has sought to contribute to the
society through our corporate activities, developed through 2 pillars of
business, logistics business that is mainly based on the warehousing and
transportation covering land, sea and air, and real estate business
centering on real estate rental business.

In the first half of 172nd fiscal term of our Group
(from April 1, 2018 to September 30, 2018), we continued to proceed with the
business strategy in line with the Group’s medium-term management plan
“Step Up 2019” and actively promoted sales activities.
In the logistics business, we strived to manage logistics centers centered on consumer goods,
expand high value-added businesses as well as new sales activities at domestic and overseas bases.
In the real estate business, we have implemented systematic maintenance and improvement work on existing
facilities and strived to maintain and strengthen a stable earnings base.

As a result, regarding consolidated business results for the first half of the fiscal year, consolidated operating
revenue rose from the previous period due to increased handling of warehousing, land transportation services of
especially consumer goods in the logistics business, and increase of real estate business revenue,
Operating income, ordinary income, and profit attributable to owners of parent increased the previous period
due to increase in income.

With respect to the dividend at the end of the first half of the fiscal year, considering the business results
for the period under review and business development in the future,
it has been decided 23 yen per share as foreseen.

We will continue to strive to enhance our enterprise value, and under the management motto “Challenge, Create,
Cooperate, All for our customers”, we will carry out our policy “customer first”, ” field first”, “safety first”
to aim to continue to be a company that can achieve sound trust from customers and society, by all of our
executives and employees.

We look forward to your continued support and encouragement.

Takeshi Osumi, President