Cash flow Mitsubishi Logistics Corporation Deutsche Boerse AG

Stocks

MIB

JP3902000003

Air Freight & Logistics

Real-time Estimate Tradegate 10:17:50 2026-10-05 EDT			5-day change	1st Jan Change
8.275 ^EUR	+2.16%		-4.12%	+27.34%

10-02	Tranche Update on Mitsubishi Logistics Corporation's Equity Buyback Plan announced on February 27, 2026.	CI
08-19	Mitsubishi Logistics Plans $40 Million Investment in Two New Distribution Centers in US	MT

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Published financial data: MITSUBISHI LOGISTICS CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Revenues	223B	270B	225B	247B	247B
Other Revenues, Total	34.33B	30.29B	29.56B	36.8B	26.55B
Total Revenues	257B	301B	255B	284B	273B
Cost of Goods Sold, Total	229B	266B	222B	248B	240B
Gross Profit	28.63B	34.7B	32.24B	36.44B	33.54B
Selling General & Admin Expenses, Total	9.96B	11.14B	12.49B	13.93B	15.4B
Provision for Bad Debts	-	2M	3M	7M	15M
Depreciation & Amortization - (IS)	448M	441M	646M	1.54B	1.56B
Amortization of Goodwill and Intangible Assets - (IS)	82M	87M	158M	645M	631M
Other Operating Expenses, Total	10.49B	11.67B	13.29B	16.12B	17.61B
Operating Income	18.14B	23.03B	18.94B	20.31B	15.93B
Interest Expense, Total	-577M	-532M	-710M	-873M	-1.15B
Interest And Investment Income	3.98B	5.72B	4.8B	4.57B	4.12B
Net Interest Expenses	3.4B	5.18B	4.09B	3.7B	2.97B
Income (Loss) On Equity Invest.	721M	1.42B	970M	-5.6B	2.64B
Currency Exchange Gains (Loss)	569M	330M	-	-	-313M
Other Non Operating Income (Expenses)	314M	80M	353M	204M	343M
EBT, Excl. Unusual Items	23.15B	30.04B	24.36B	18.62B	21.56B
Gain (Loss) On Sale Of Investments	3.49B	8.83B	15.33B	30B	66.59B
Gain (Loss) On Sale Of Assets	-556M	1.92B	-695M	678M	-1.25B
Asset Writedown	-36M	-173M	-	-197M	-5.41B
Legal Settlements	-	-	-	-	-443M
Other Unusual Items	-124M	329M	178M	123M	-973M
EBT, Incl. Unusual Items	25.92B	40.95B	39.17B	49.22B	80.07B
Income Tax Expense	7.56B	13.2B	11.02B	17B	25B
Earnings From Continuing Operations	18.36B	27.75B	28.14B	32.22B	55.07B
Net Income to Company	18.36B	27.75B	28.14B	32.22B	55.07B
Minority Interest	-467M	-522M	-357M	-358M	-293M
Net Income - (IS)	17.89B	27.23B	27.79B	31.86B	54.77B
Net Income to Common Incl Extra Items	17.89B	27.23B	27.79B	31.86B	54.77B
Net Income to Common Excl. Extra Items	17.89B	27.23B	27.79B	31.86B	54.77B
Per Share Items
Net EPS - Basic	43.89	68.4	71.89	85.92	155.84
Basic EPS - Continuing Operations	43.89	68.4	71.89	85.92	155.84
Basic Weighted Average Shares Outstanding	408M	398M	387M	371M	351M
Net EPS - Diluted	43.89	68.4	71.89	85.92	155.84
Diluted EPS - Continuing Operations	43.89	68.4	71.89	85.92	155.84
Diluted Weighted Average Shares Outstanding	408M	398M	387M	371M	351M
Normalized Basic EPS	34.35	45.86	38.46	30.41	37.51
Normalized Diluted EPS	34.35	45.86	38.46	30.41	37.51
Dividend Per Share	16	18	24	32	38
Payout Ratio	31.54	24.21	27.73	35.27	22.05
Supplemental Items
EBITDA	33.61B	38.74B	34.98B	38.01B	33.63B
EBITA	18.14B	23.03B	18.94B	20.31B	15.93B
EBIT	18.14B	23.03B	18.94B	20.31B	15.93B
Effective Tax Rate - (Ratio)	29.18	32.24	28.15	34.54	31.23
Normalized Net Income	14B	18.26B	14.87B	11.28B	13.18B
Non-Cash Pension Expense	50M	139M	281M	-203M	-299M

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Assets
Cash And Equivalents	50.96B	62B	59.02B	63.39B	63.03B
Short Term Investments	2B	2B	2B	-	-
Total Cash And Short Term Investments	52.96B	64B	61.02B	63.39B	63.03B
Accounts Receivable, Total	39.24B	44.39B	41.2B	49.6B	53.51B
Total Receivables	39.24B	44.39B	41.2B	49.6B	53.51B
Inventory	9.87B	8.04B	9.89B	3.97B	13.43B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	7.82B	7.89B	7.3B	8.92B	9.97B
Total Current Assets	110B	124B	119B	126B	140B
Net Property Plant And Equipment	284B	282B	293B	282B	288B
Long-term Investments	153B	152B	224B	175B	175B
Goodwill	82M	-	6.16B	5.83B	-
Other Intangibles, Total	12.85B	12.6B	32.84B	34.51B	33.92B
Loans Receivable Long-Term	325M	172M	160M	147M	13M
Deferred Tax Assets Long-Term	2.71B	2.96B	3.2B	3.18B	3.22B
Other Long-Term Assets, Total	2M	1M	2M	1M	2M
Total Assets	562B	574B	679B	626B	640B
Liabilities
Accounts Payable, Total	19.7B	24.84B	24.2B	22.18B	26.04B
Accrued Expenses, Total	-	-	-	-	-
Short-term Borrowings	48.3B	40.31B	29.95B	35.58B	39.69B
Current Portion of Long-Term Debt	-	5B	8B	-	-
Current Income Taxes Payable	4.02B	6.93B	8.04B	11.7B	15.29B
Other Current Liabilities	19.23B	13.31B	23.63B	23.7B	25.24B
Total Current Liabilities	91.24B	90.4B	93.83B	93.16B	106B
Long-Term Debt	54.6B	59.97B	72.14B	66.45B	63.55B
Long-Term Leases	-	-	7.28B	8.04B	11.65B
Pension & Other Post Retirement Benefits	7.94B	8.48B	7.71B	7.26B	10.17B
Deferred Tax Liability Non Current	37.27B	36.35B	61.02B	46.48B	37.91B
Other Non Current Liabilities	23.38B	24.06B	25.47B	25.4B	25.73B
Total Liabilities	214B	219B	267B	247B	255B
Common Stock, Total	22.39B	22.39B	22.39B	22.39B	22.39B
Additional Paid In Capital	19.6B	19.06B	19.32B	19.11B	19.07B
Retained Earnings	251B	253B	273B	277B	294B
Treasury Stock	-20.75B	-12.29B	-22.19B	-25.48B	-18.76B
Comprehensive Income and Other	72.31B	68.87B	113B	81.78B	63.2B
Total Common Equity	344B	351B	405B	375B	380B
Minority Interest	3.67B	3.64B	6.28B	4.61B	4.98B
Total Equity	348B	354B	412B	379B	385B
Total Liabilities And Equity	562B	574B	679B	626B	640B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	404M	391M	379M	360M	342M
ECS Total Common Shares Outstanding	406M	391M	379M	360M	344M
Book Value / Share	847.77	897.8	1.07K	1.04K	1.1K
Tangible Book Value	331B	338B	366B	334B	346B
Tangible Book Value Per Share	815.9	865.55	966.83	928.53	1K
Total Debt	103B	105B	117B	110B	115B
Net Debt	49.94B	41.28B	56.35B	46.68B	51.86B
Debt Equivalent of Unfunded Proj. Benefit Obligation	7.86B	8.41B	8.27B	5.77B	2.33B
Minority Interest, Total (Incl. Fin. Div)	3.67B	3.64B	6.28B	4.61B	4.98B
Inventories - Finished Goods, Total	9.87B	8.04B	9.89B	3.97B	13.43B
Full Time Employees	4.73K	4.71K	4.92K	5K	4.99K
Accumulated Allowance for Doubtful Accounts (Supple)	39M	43M	26M	41M	79M

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Net Income	25.92B	40.95B	39.17B	49.22B	80.07B
Depreciation & Amortization - CF	15.46B	15.71B	16.04B	17.69B	17.7B
Depreciation & Amortization, Total	15.46B	15.71B	16.04B	17.69B	17.7B
(Gain) Loss From Sale Of Asset	71M	-2.14B	274M	-1.26B	5.66B
(Gain) Loss on Sale of Investments - (CF)	-3.49B	-8.83B	-15.33B	-30B	-66.59B
(Income) Loss On Equity Investments - (CF)	-721M	-1.42B	-970M	5.6B	-2.64B
Other Operating Activities, Total	-1.3B	-7.49B	-9.38B	-12.3B	-19.71B
Change In Accounts Receivable	-1.91B	-4.02B	6.38B	1.48B	-3.33B
Change In Inventories	5.28B	1.83B	-1.85B	5.92B	-9.46B
Change In Accounts Payable	-1.63B	4.28B	-2.22B	-2.6B	3.61B
Change in Other Net Operating Assets	-1.46B	1.62B	9.65B	-4.15B	1.21B
Cash from Operations	36.22B	40.49B	41.77B	29.62B	6.53B
Capital Expenditure	-38.01B	-20.42B	-18.26B	-13.16B	-19.13B
Sale of Property, Plant, and Equipment	2.16B	1.51B	136M	7.48B	511M
Cash Acquisitions	-	-	-20.25B	-	-
Investment in Marketable and Equity Securities, Total	6.61B	1.11B	6.75B	21.17B	44.88B
Net (Increase) Decrease in Loans Originated / Sold - Investing	10M	36M	141M	16M	8M
Other Investing Activities, Total	1M	3.38B	1M	-1M	-20M
Cash from Investing	-29.22B	-14.38B	-31.48B	15.5B	26.25B
Short Term Debt Issued, Total	17B	10.4B	21.89B	1.51B	26.06B
Long-Term Debt Issued, Total	650M	17.5B	20.88B	-	4.44B
Total Debt Issued	17.65B	27.9B	42.77B	1.51B	30.51B
Short Term Debt Repaid, Total	-16.36B	-13.09B	-26.05B	-730M	-23.68B
Long-Term Debt Repaid, Total	-5.83B	-12.6B	-12.1B	-8.83B	-5.71B
Total Debt Repaid	-22.19B	-25.69B	-38.16B	-9.56B	-29.38B
Repurchase of Common Stock	-5.02B	-10.03B	-10.03B	-20.05B	-20.05B
Common Dividends Paid	-5.64B	-6.59B	-7.7B	-11.24B	-12.08B
Common & Preferred Stock Dividends Paid	-5.64B	-6.59B	-7.7B	-11.24B	-12.08B
Other Financing Activities, Total	-1.31B	-2.65B	-1.74B	-4.84B	-2.64B
Cash from Financing	-16.52B	-17.07B	-14.86B	-44.19B	-33.64B
Foreign Exchange Rate Adjustments	662M	750M	714M	1.63B	398M
Miscellaneous Cash Flow Adjustments	-	-	-	1M	2M
Net Change in Cash	-8.86B	9.79B	-3.85B	2.56B	-457M
Supplemental Items
Cash Interest Paid	585M	523M	578M	875M	1.15B
Cash Income Tax Paid (Refund)	7.42B	8.32B	10.35B	13.36B	22.02B
Levered Free Cash Flow	-569M	8.09B	21.91B	14.27B	2.38B
Unlevered Free Cash Flow	-208M	8.42B	22.35B	14.82B	3.1B
Change In Net Working Capital	-10.99B	1.27B	-12.74B	2.4B	5.42B
Net Debt Issued / Repaid	-4.54B	2.2B	4.61B	-8.05B	1.13B

Fiscal Period: March	2022 (JPY)	2023 (JPY)	2024 (JPY)	2025 (JPY)	2026 (JPY)
Profitability
Return on Assets	2.07	2.53	1.89	1.95	1.57
Return on Total Capital	2.56	3.16	2.39	2.49	2.01
Return On Equity %	5.44	7.9	7.35	8.15	14.42
Return on Common Equity	5.36	7.84	7.35	8.17	14.52
Margin Analysis
Gross Profit Margin %	11.13	11.54	12.67	12.83	12.26
SG&A Margin	3.87	3.7	4.91	4.9	5.63
EBITDA Margin %	13.07	12.89	13.74	13.38	12.3
EBITA Margin %	7.05	7.66	7.44	7.15	5.83
EBIT Margin %	7.05	7.66	7.44	7.15	5.83
Income From Continuing Operations Margin %	7.14	9.23	11.06	11.34	20.14
Net Income Margin %	6.96	9.06	10.92	11.22	20.03
Net Avail. For Common Margin %	6.96	9.06	10.92	11.22	20.03
Normalized Net Income Margin	5.44	6.07	5.84	3.97	4.82
Levered Free Cash Flow Margin	-0.22	2.69	8.61	5.02	0.87
Unlevered Free Cash Flow Margin	-0.08	2.8	8.78	5.22	1.14
Asset Turnover
Asset Turnover	0.47	0.53	0.41	0.44	0.43
Fixed Assets Turnover	0.96	1.06	0.88	0.99	0.96
Receivables Turnover (Average Receivables)	5.85	6.46	5.26	5.45	4.79
Inventory Turnover (Average Inventory)	18.27	29.69	24.79	35.73	27.58
Short Term Liquidity
Current Ratio	1.2	1.38	1.27	1.35	1.32
Quick Ratio	1.01	1.2	1.09	1.21	1.1
Operating Cash Flow to Current Liabilities	0.4	0.45	0.45	0.32	0.06
Days Sales Outstanding (Average Receivables)	62.36	56.46	69.63	67.02	76.22
Days Outstanding Inventory (Average Inventory)	19.97	12.29	14.76	10.21	13.23
Average Days Payable Outstanding	33.34	30.79	40.05	35.02	35.29
Cash Conversion Cycle (Average Days)	48.99	37.97	44.35	42.21	54.16
Long Term Solvency
Total Debt/Equity	29.59	29.7	28.51	29.02	29.88
Total Debt / Total Capital	22.83	22.9	22.18	22.49	23.01
LT Debt/Equity	15.7	16.92	19.29	19.64	19.56
Long-Term Debt / Total Capital	12.12	13.04	15.01	15.22	15.06
Total Liabilities / Total Assets	38.14	38.22	39.38	39.42	39.9
EBIT / Interest Expense	31.45	43.29	26.68	23.27	13.8
EBITDA / Interest Expense	58.25	72.83	49.27	43.53	29.14
(EBITDA - Capex) / Interest Expense	-7.62	34.44	23.55	28.45	12.56
Total Debt / EBITDA	3.06	2.72	3.36	2.9	3.42
Net Debt / EBITDA	1.49	1.07	1.61	1.23	1.54
Total Debt / (EBITDA - Capex)	-23.41	5.75	7.02	4.43	7.92
Net Debt / (EBITDA - Capex)	-11.36	2.25	3.37	1.88	3.58
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	20.35	16.86	-15.33	11.62	-3.74
Gross Profit, 1 Yr. Growth %	31.01	21.18	-7.09	13.03	-7.96
EBITDA, 1 Yr. Growth %	26.37	15.27	-9.72	8.65	-11.51
EBITA, 1 Yr. Growth %	54.61	26.92	-17.75	7.23	-21.58
EBIT, 1 Yr. Growth %	54.61	26.92	-17.75	7.23	-21.58
Earnings From Cont. Operations, 1 Yr. Growth %	-53.4	51.14	1.43	14.49	70.9
Net Income, 1 Yr. Growth %	-54.31	52.17	2.06	14.67	71.9
Normalized Net Income, 1 Yr. Growth %	43.3	30.38	-18.57	-24.13	16.88
Diluted EPS Before Extra, 1 Yr. Growth %	-52.52	55.83	5.1	19.51	81.39
Accounts Receivable, 1 Yr. Growth %	6.25	13.14	-7.19	20.39	7.88
Inventory, 1 Yr. Growth %	-34.86	-18.52	22.99	-59.86	238.24
Net Property, Plant and Equip., 1 Yr. Growth %	11.54	-0.65	4.05	-3.97	2.17
Total Assets, 1 Yr. Growth %	4.93	2.05	18.38	-7.82	2.19
Tangible Book Value, 1 Yr. Growth %	6.78	2.13	8.35	-8.76	3.38
Common Equity, 1 Yr. Growth %	6.33	1.95	15.57	-7.59	1.3
Cash From Operations, 1 Yr. Growth %	-9.86	11.8	3.16	-29.08	-77.95
Capital Expenditures, 1 Yr. Growth %	-4.33	-46.27	-10.58	-27.89	45.32
Levered Free Cash Flow, 1 Yr. Growth %	-97.53	-1.52K	170.86	-34.85	-83.31
Unlevered Free Cash Flow, 1 Yr. Growth %	-99.08	-4.14K	165.44	-33.7	-79.06
Dividend Per Share, 1 Yr. Growth %	33.33	12.5	33.33	33.33	18.75
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	5.97	18.59	-0.53	-2.79	3.65
Gross Profit, 2 Yr. CAGR %	11.78	26	6.11	2.48	2
EBITDA, 2 Yr. CAGR %	12.73	20.69	2.02	-0.96	-1.94
EBITA, 2 Yr. CAGR %	21.98	40.08	2.17	-6.08	-8.3
EBIT, 2 Yr. CAGR %	21.98	40.08	2.17	-6.08	-8.3
Earnings From Cont. Operations, 2 Yr. CAGR %	23.53	-16.08	23.81	7.76	39.88
Net Income, 2 Yr. CAGR %	22.87	-16.62	24.62	8.18	40.4
Normalized Net Income, 2 Yr. CAGR %	16.41	36.69	3.04	-21.4	-5.83
Diluted EPS Before Extra, 2 Yr. CAGR %	26.43	-13.99	27.98	12.07	47.23
Accounts Receivable, 2 Yr. CAGR %	3.89	9.64	2.47	5.71	13.96
Inventory, 2 Yr. CAGR %	-18.57	-27.15	0.11	-29.73	16.52
Net Property, Plant and Equip., 2 Yr. CAGR %	10.35	5.27	1.67	-0.04	-0.95
Total Assets, 2 Yr. CAGR %	9.57	3.48	9.91	4.46	-2.94
Tangible Book Value, 2 Yr. CAGR %	10.99	4.43	5.19	-0.57	-2.88
Common Equity, 2 Yr. CAGR %	10.2	4.12	8.55	3.35	-3.25
Cash From Operations, 2 Yr. CAGR %	43.35	0.39	7.39	-14.46	-60.46
Capital Expenditures, 2 Yr. CAGR %	26.99	-28.31	-30.69	-19.7	2.37
Levered Free Cash Flow, 2 Yr. CAGR %	-64.15	-40.78	520.52	32.84	-67.02
Unlevered Free Cash Flow, 2 Yr. CAGR %	-77.12	-39.11	935.72	32.66	-62.74
Dividend Per Share, 2 Yr. CAGR %	15.47	22.47	22.47	33.33	25.83
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	4.23	9.48	5.99	3.36	-3.11
Gross Profit, 3 Yr. CAGR %	7.02	14.83	13.83	8.37	-1.13
EBITDA, 3 Yr. CAGR %	9.42	13.57	9.56	4.18	-4.61
EBITA, 3 Yr. CAGR %	12.74	23.6	17.3	3.83	-11.56
EBIT, 3 Yr. CAGR %	12.74	23.6	17.3	3.83	-11.56
Earnings From Cont. Operations, 3 Yr. CAGR %	15.89	32.12	-10.61	20.62	25.67
Net Income, 3 Yr. CAGR %	15.66	31.95	-10.81	21.21	26.24
Normalized Net Income, 3 Yr. CAGR %	9.72	20.89	15.01	-6.95	-10.28
Diluted EPS Before Extra, 3 Yr. CAGR %	18.46	35.55	-8.04	25.09	31.58
Accounts Receivable, 3 Yr. CAGR %	-1.1	6.89	3.72	8.13	6.42
Inventory, 3 Yr. CAGR %	-11.69	-18.55	-13.25	-26.18	18.64
Net Property, Plant and Equip., 3 Yr. CAGR %	8.94	6.55	4.86	-0.24	0.69
Total Assets, 3 Yr. CAGR %	5.22	7	8.23	3.65	3.7
Tangible Book Value, 3 Yr. CAGR %	5.57	7.95	5.72	0.32	0.73
Common Equity, 3 Yr. CAGR %	5.13	7.38	7.8	2.88	2.66
Cash From Operations, 3 Yr. CAGR %	15.75	31.95	1.3	-6.48	-45.56
Capital Expenditures, 3 Yr. CAGR %	24.1	-4.67	-22.83	-29.77	-2.15
Levered Free Cash Flow, 3 Yr. CAGR %	-26.85	22.24	-1.7	192.74	-33.47
Unlevered Free Cash Flow, 3 Yr. CAGR %	-50.9	28.36	-0.53	314.32	-28.3
Dividend Per Share, 3 Yr. CAGR %	21.14	14.47	25.99	25.99	28.28
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	4.27	6.89	2.3	4.4	5.05
Gross Profit, 5 Yr. CAGR %	4.35	8.75	6.65	9.72	8.94
EBITDA, 5 Yr. CAGR %	5.53	9.01	6.4	7.52	4.81
EBITA, 5 Yr. CAGR %	7.31	13.14	8.39	10.74	6.3
EBIT, 5 Yr. CAGR %	7.31	13.14	8.39	10.74	6.3
Earnings From Cont. Operations, 5 Yr. CAGR %	11.27	21.06	19	21.78	6.93
Net Income, 5 Yr. CAGR %	10.9	20.95	19.16	21.87	6.94
Normalized Net Income, 5 Yr. CAGR %	7.1	12.92	6.99	1.77	6.17
Diluted EPS Before Extra, 5 Yr. CAGR %	12.51	23.29	22.18	25.62	11.01
Accounts Receivable, 5 Yr. CAGR %	3.21	3.38	0.31	6.41	7.7
Inventory, 5 Yr. CAGR %	0.05	-7.25	-7.15	-23.22	-2.39
Net Property, Plant and Equip., 5 Yr. CAGR %	6.48	5.53	5.97	3.86	2.5
Total Assets, 5 Yr. CAGR %	5.25	4.37	7.07	5.98	3.61
Tangible Book Value, 5 Yr. CAGR %	5.09	4.13	5.42	4.46	2.19
Common Equity, 5 Yr. CAGR %	4.64	3.76	6.48	5.75	3.24
Cash From Operations, 5 Yr. CAGR %	11.03	13.52	12.33	10.94	-30.47
Capital Expenditures, 5 Yr. CAGR %	10.12	-2.19	-1.69	-10.99	-13.59
Levered Free Cash Flow, 5 Yr. CAGR %	31.13	-0.25	72.04	26.38	-36.5
Unlevered Free Cash Flow, 5 Yr. CAGR %	-3.59	1.51	66.25	30.06	-32.84
Dividend Per Share, 5 Yr. CAGR %	27.23	26.3	21.67	21.67	25.93