Summary of Consolidated Financial Results for FY 3/23（YoY）
Revenue increased due to factors that included generally strong production at clients, gains in unit price revisions (mainly in production contract work), an increase in transaction volume in Airport-Related Business in connection with the return of domestic and international passengers, an increase in transaction volume in connection with the recovery of economic conditions in various countries, and the acquisition of large-scale projects.
Despite a decrease of ¥1,056 million in gains on sales of strategically held stocks (extraordinary income) and a steep rise in fuel prices, profit rose from higher revenue and efforts to improve profitability, which is the basic policy of our new FY3/2023 - FY3/2025 medium-term management plan launched in April 2022. Our efforts to improve profitability included receiving appropriate unit prices and improving operational efficiencies.
Konoike Transport Co. Ltd. published this content on 07 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 June 2023 03:09:01 UTC.
Konoike Transport Co., Ltd. engages in the transportation business. The Company operates in three segments. Its Composite Solution segment operates production process businesses, such as materials receiving, manufacturing contracts, factory in-yard transporting and product inspection, the distribution businesses, such as product loading and unloading, delivery and distributive processing, the other specialty businesses, such as sterilization of medical machines, cleaning and delivery of hospital machines, collection and delivery of industrial waste and recycling in iron mills. Domestic Logistics segment operates constant-temperature logistics businesses based on frozen and refrigerated warehouses held in Japan and general logistics businesses based on dry warehouses. Overseas Logistics segment involves in the maritime and air freight-handling business, and the warehouse operation of export and import cargoes.
KONOIKE TRANSPORT CO.,LTD. 
