Consolidated Statements of Income

swipe

(Millions of yen)
	FY2021 (2021/3)	FY2022 (2022/3)	FY2023 (2023/3)	FY2024 (2024/3)	FY2025 (2025/3)
Revenues from operations	568,900	746,217	968,300	997,611	1,106,854
Costs of revenues from operations
Operating expenses and costs of sales of transportation	542,159	679,865	849,136	859,149	962,406
Selling，general and administrative expenses	24,674	27,139	29,813	32,772	33,568
Total costs of revenues from operations	566,833	707,005	878,949	891,921	995,975
Operating profit	2,066	39,212	89,350	105,689	110,879
Non-operating income
Interest income	122	179	314	794	1,179
Dividends income	980	928	957	999	1,009
Gain on foreign exchange	656	-	-	-	-
Equity in income of affiliates	-	7,167	8,325	14,615	15,451
Miscellaneous income	1,813	2,609	2,547	2,992	2,078
Total non-operating income	3,572	10,885	12,145	19,402	19,719
Non-operating expenses
Interest expenses	8,885	8,516	8,768	10,382	12,065
Equity in loss of affiliates	1,622	-	-	-	-
Loss on disposal of property and equipment	-	1,034	1,784	-	-
Miscellaneous expenses	2,754	2,097	2,510	5,295	7,291
Total non-operating expenses	13,262	11,648	13,063	15,677	19,356
Ordinary profit	(7,623)	38,450	88,432	109,413	111,242
Extraordinary income
Gain on contributions for construction works	3,485	28,239	2,530	31,344	3,984
Gain on sale of businesses	-	-	-	-	1,136
Gain on sale of property and equipment	-	366	1,394	-	-
Gain on sale of investment securities	222	3,702	1,942	-	-
Employment adjustment subsidies	8,715	9,234	-	-	-
Other	743	1,426	2,060	1,794	831
Total extraordinary income	13,167	42,969	7,927	33,138	5,953
Extraordinary losses
Loss on reduction of property and equipment	3,568	28,302	4,986	31,277	4,032
Loss on impairment of fixed assets	-	631	12,672	24,277	3,399
Provision for loss on removal of property and equipment	-	-	-	-	1,992
Loss on change in equity	-	-	-	-	2,036
COVID-19-related losses	19,382	9,518	-	-	-
Structural reform-related loss	18,618	-	-	-	-
Loss on valuation of investment securities	-	-	-	-	-
Other	4,989	4,374	3,689	2,751	2,939
Total extraordinary losses	46,557	42,827	21,348	58,306	14,399
Profit before income taxes	(41,013)	38,592	75,012	84,246	102,795
Income taxes
Income taxes－current	4,205	9,963	18,249	22,955	31,568
Income taxes－deferred	(10,683)	3,292	5,173	(9,758)	2,367
Total income taxes	(6,478)	13,256	23,422	13,197	33,935
Profit	(34,535)	25,335	51,589	71,048	68,859
Profit attributable to non-controlling interests	2,166	3,916	4,636	3,273	1,473
Profit attributable to owners of parent	(36,702)	21,418	46,952	67,774	67,386

swipe

(a part of breakdown for costs of revenues from operations)
Depreciation and amortization	55,733	59,107	62,223	62,582	64,475
Amortization of goodwill	2,508	2,366	2,326	2,292	2,590

Fact Book