Note: This document has been translated from the Japanese original for reference purposes only. In the event of any
discrepancy between this translated document and the Japanese original, the original shall prevail.

August 6, 2024

Consolidated Financial Results
for the Three Months Ended June 30, 2024
(Under Japanese GAAP)
Company name:
Listing:
Securities code:
URL:
Representative:
Inquiries:

Mitsubishi Logisnext Co., Ltd.
Tokyo Stock Exchange
7105
https://www.logisnext.com/en/
Yuichi Mano, Representative Director and President
Hiroki Mochizuki, Division Head, General Manager, Corporate Finance andAccounting Division, Corporate Finance and Accounting Headquarters
Telephone:+81-75-951-7171
Scheduled date to commence dividend payments:–
Preparation of supplementary material on financial results:
None
Holding of financial results briefing:
None(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Consolidated financial results for the three months ended June 30, 2024 (April 1, 2024 to June 30,2024)(1) Consolidated operating results (cumulative)
Net sales
Three months ended
June 30, 2024
June 30, 2023

Operating profit

Millions of yen

165,885
166,127

Note: Comprehensive income% Millions of yen

(0.1)
22.8

Reference:

7,008
10,322

Profit attributable toowners of parent

Ordinary profit% Millions of yen(32.1)–For the three months ended June 30, 2024:
For the three months ended June 30, 2023:

Basic earnings
per share
Three months ended
June 30, 2024
June 30, 2023

(Percentages indicate year-on-year changes.)

5,809
9,629

% Millions of yen(39.7)–¥17,036 million¥15,007 million

7,781
6,608

%

17.8
–

[13.5%][112.9%]Diluted earnings
per share
Yen

Yen

73.00
61.96

72.78
61.76

Operating profit before amortization of goodwill
For the three months ended June 30, 2024:¥9,679 million[(24.6)%]
For the three months ended June 30, 2023:¥12,829 million[–%]
Mitsubishi Logisnext Co., Ltd. (the “Company”) uses operating profit before amortization of goodwill as a key
management indicator.
Note: The year-on-year change in operating profit before amortization of goodwill for the three months ended June 30,2023 was 1,077.3%, and because the rate of increase exceeds 1,000% is shown as “–.”(2) Consolidated financial position
Total assets
As ofJune 30, 2024
March 31, 2024
Reference:

EquityNet assets

Equity-to-asset ratio

Net assets per share

Millions of yen

Millions of yen%

Yen

551,594
531,495

132,044
117,33323.8
22.0

1,233.67
1,094.53

As of June 30, 2024:
As of March 31, 2024:¥131,436 million¥116,740 million

2. Cash dividends
Annual dividends per shareFirst quarter-end Second quarter-end Third quarter-end
Yen

Fiscal year ended
March 31, 2024
Fiscal year ending
March 31, 2025

Yen–

Fiscal year-end

Yen

Total

Yen

Yen

–

–

20.00

20.00

–

–

24.00

24.00

–

Fiscal year ending
March 31, 2025
(Forecast)

Note: Revisions to the forecast of cash dividends most recently announced: None

3. Forecasts of consolidated financial result for the fiscal year ending March 31, 2025 (April 1, 2024
to March 31, 2025)
Net sales
Millions of yen

Fiscal year ending
March 31, 2025

680,000(Percentages indicate year-on-year changes.)
Basic
Profit attributable toOrdinary profit
earnings
owners of parent
per share

Operating profit% Millions of yen(3.1)

38,000% Millions of yen(10.8)

33,000% Millions of yen(12.0)

Note: Revisions to the earnings forecasts most recently announced: None
Reference: Operating profit before amortization of goodwill¥48,000 million

29,000[(9.2)%]

%

Yen

5.4

271.94

* Notes(1) Significant changes in the scope of consolidation during the period: None
(2) Adoption of accounting treatment specific to the preparation of quarterly consolidated financial
statements: None
(3) Changes in accounting policies, changes in accounting estimates, and restatement(i) Changes in accounting policies due to revisions to accounting standards and other regulations: Yes(ii) Changes in accounting policies due to other reasons: None(iii) Changes in accounting estimates: None(iv) Restatement: None
Note: For details, please see “2. Quarterly consolidated financial statements and significant notes
thereto, (3) Notes to quarterly consolidated financial statements, Notes on changes in accounting
policies” on page 9 of the attached material.
(4) Number of issued shares (common stock)(i) Total number of issued shares at the end of the period (including treasury stock)
As of June 30, 2024

106,743,013 shares

As of March 31, 2024

106,739,013 shares(ii) Number of treasury stock at the end of the period
As of June 30, 2024

201,985 shares

As of March 31, 2024

81,275 shares(iii) Average number of shares outstanding during the period (cumulative from the beginning of the
fiscal year)
Three months ended June 30, 2024

106,600,385 shares

Three months ended June 30, 2023

106,649,872 shares* Review of the Japanese-language originals of the attached quarterly consolidated financial statements bycertified public accountants or an audit corporation: None
* Proper use of earnings forecasts, and other special matters
Caution regarding forward-looking statements
The forward-looking statements, including the financial forecasts shown in this document are based on
information currently available to the Company and on certain assumptions deemed to be reasonable. As
such, they do not constitute guarantees by the Company of future performance. Actual performance andother results may differ materially from these forecasts due to various factors. For matters related to theearnings forecasts, please see “1. Overview of operating results and others, (3) Explanation of
consolidated earnings forecasts and other forward-looking statements” on page 4 of the attachedmaterial.

Mitsubishi Logisnext Co., Ltd.

Attached Material
Index
1. Overview of operating results and others ................................................................................................. 2(1) Overview of operating results during the period under review .......................................................... 2(2) Overview of financial position during the period under review ......................................................... 3(3) Explanation of consolidated earnings forecasts and other forward-looking statements ..................... 4
2. Quarterly consolidated financial statements and significant notes thereto ............................................... 5(1) Quarterly consolidated balance sheet ................................................................................................. 5(2) Quarterly consolidated statement of income and quarterly consolidated statement ofcomprehensive income ....................................................................................................................... 7
Quarterly consolidated statement of income (cumulative) ................................................................. 7
Quarterly consolidated statement of comprehensive income (cumulative) ........................................ 8(3) Notes to quarterly consolidated financial statements ......................................................................... 9
Notes on changes in accounting policies ............................................................................................ 9
Notes on segment information, etc. .................................................................................................... 9
Notes on significant changes in the amount of shareholders’ equity ................................................ 10
Notes on premise of going concern .................................................................................................. 10
Notes on quarterly consolidated statement of cash flows ................................................................. 10
3. Other ....................................................................................................................................................... 12
Supplementary Information .............................................................................................................. 12-1-

Mitsubishi Logisnext Co., Ltd.

1. Overview of operating results and others(1) Overview of operating results during the period under review
The global economy in the three months ended June 30, 2024 experienced stalled growth as disinflation
slowed. The pace of economic expansion in the U.S.A. has slowed, and China’s economy, which had
temporarily picked up, has once again stagnated amid the prolonged slump in real estate. In addition,
there were prolonged geopolitical risks including aggression in Ukraine and the situation in the Middle
East, so the economic trends vary between regions. On the other hand, the Japanese economy remained
flat due to sluggish personal consumption as real wages do not seem to be rising in line with rising
prices, despite a good level of business confidence among companies, which was partly due to progressin passing on prices, and a solid appetite for capital expenditure.
Against this backdrop, the domestic market for forklifts and other material handling equipment
remained stable and firm. Overseas, demand in the Americas, which had been firm, is weakening, andEurope, which had exhibited a temporary recovery trend, is now showing a downward trend. Asia,
which had shown strength, has also weakened recently, and the economic stagnation in China has
dramatically changed the market environment with respect to the demand for material handlingequipment.
At the Company, the major challenge of longer lead times has been resolved by the progress in
shortening lead time through production improvements, and they are virtually at appropriate levels. In
addition, progress has been made in improving business performance through price optimization in the
inflationary environment. While responding to the growing needs of the market for material handlingequipment for safety and security, automated and autonomous services, and decarbonization, we haverecently resumed shipments of certain models as a result of coordination with the U.S. environmental
authorities and are working to recover from the suspension of shipments of certain models offered in
North America since May due to delays in the process of obtaining U.S. emissions certifications.
However, amid slowing global economic growth, the outlook for the global economy is becoming, andthe situation is unclear and unpredictable due to factors including the future outcome of the U.S.
presidential election, risks to supply chains including those involving China, interest rate and foreignexchange trends, and prolonged geopolitical risks.
Under these circumstances, net sales for the period under review totaled ¥165,885 million (down 0.1%
year on year) due to the suspension of shipments of certain models caused by delays in the process ofobtaining U.S. emissions certifications and a slowdown in the market, despite the effects of priceoptimization and yen depreciation.
Operating profit was ¥7,008 million (down 32.1% year on year) and ordinary profit was ¥5,809 million(down 39.7% year on year) due to lower sales and market slowdown in the Americas. On the other
hand, profit attributable to owners of parent was ¥7,781 million (up 17.8% year on year), partly due tothe recording of a gain on sales of non-current assets as extraordinary income.
Operating profit before amortization of goodwill was ¥9,679 million (down 24.6% year on year), andthe operating profit margin was 5.8% (down 1.9 percentage points year on year).
(Billions of yen)
Net sales
Operating profit before
amortization of goodwill(%)

Three months ended
June 30, 2023

Three months ended
June 30, 2024

Change(Billions of yen)(%)

166.12165.88(0.24)

(0.1)

12.82

9.67

(3.15)(24.6)

7.7

5.8

Operating profit
(%)

10.32
6.2

7.00
4.2

(3.31)(32.1)

Ordinary profit
(%)

9.62
5.8

5.80
3.5

(3.81)(39.7)

6.60

7.78

1.17

17.8

4.0

4.7

Profit attributable to ownersof parent(%)-2-Mitsubishi Logisnext Co., Ltd.

Operating results by segment are as follows.
Japan
Net sales in Japan were ¥46,447 million (up 3.9% year on year) as orders remained steady, and theeffects of price optimization also contributed. Segment profit was ¥272 million (down 84.5% year onyear) due to lower sales to the Americas in the export business and an increase in research anddevelopment expenses and other expenses.
Segment profit before amortization of goodwill was ¥1,490 million (down 49.9% year on year).
Japan(Billions of yen)
Net sales
Operating profit before
amortization of goodwill(%)
Operating profit(%)

Three months ended
June 30, 2023

Three months ended
June 30, 2024

Change(Billions of yen)

(%)

44.70

46.44

1.74

3.9

2.97

1.49

(1.48)(49.9)(1.48)(84.5)

6.7

3.2

1.76
3.9

0.27
0.6

Overseas
Net sales in Overseas were ¥119,438 million (down 1.6% year on year) mainly due to the suspension of
shipments of certain models offered in North America due to delays in the process of obtaining U.S.
emissions certifications and a market slowdown in some regions, despite the impact of yen depreciation
on exchange rates. Segment profit was ¥6,735 million (down 21.3% year on year) due to a decrease in
net sales and an increase in expenses mainly as a result of inflation.
Especially in the same period of the previous fiscal year, in Overseas, as the gradual elimination ofcomponents shortages led to increased production and accelerated shipments, and the effects of priceoptimization also contributed, net sales and segment profit increased significantly. In contrast, in thecurrent fiscal year, both net sales and segment profit decreased mainly due to delays in shipments ofcertain models offered in North America and a slowdown in the market.
Segment profit before amortization of goodwill was ¥8,188 million (down 16.9% year on year).
Overseas(Billions of yen)
Net sales
Operating profit before
amortization of goodwill(%)
Operating profit(%)

Three months ended
June 30, 2023

Three months ended
June 30, 2024

Change(Billions of yen)(%)

121.42

119.43(1.98)

(1.6)

9.85

8.18

(1.66)(16.9)

8.1

6.9

8.56
7.1

6.73
5.6

(1.82)(21.3)(2) Overview of financial position during the period under review
As of June 30, 2024, total assets were ¥551,594 million, an increase of ¥20,098 million from the end of
the previous fiscal year, due to an increase in foreign exchange translated amounts mainly from theimpact of yen depreciation. Current assets increased by ¥11,363 million due to an increase ininventories, despite a decrease in accounts receivables. Non-current assets increased by ¥8,734 million
due to an increase in machinery, equipment and vehicles.
Total liabilities were ¥419,549 million, an increase of ¥5,387 million from the end of the previous fiscal
year, due to an increase in foreign exchange translated amounts from the impact of yen depreciation,
despite a decrease in accounts payable - trade.

-3-

Mitsubishi Logisnext Co., Ltd.

Net assets, excluding share acquisition rights and non-controlling interests, were ¥131,436 million, an
increase of ¥14,696 million from the end of the previous fiscal year. The main factors were an increase
in retained earnings from profit attributable to owners of parent and an increase in foreign currencytranslation adjustment.
(3) Explanation of consolidated earnings forecasts and other forward-looking statements
There are no changes to the consolidated earnings forecasts announced on May 8, 2024. During theperiod under review, shipments of certain models were suspended due to delays in the process ofobtaining U.S. emissions certifications, but shipments of certain models have resumed as a result of
coordination with the U.S. environmental authorities, and we will strive to achieve a recovery inproduction and shipments by the end of the current fiscal year.

-4-Mitsubishi Logisnext Co., Ltd.

2. Quarterly consolidated financial statements and significant notes thereto(1) Quarterly consolidated balance sheet(Millions of yen)
As of March 31, 2024
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade, and contract
assetsElectronically recorded monetary claims - operating
Merchandise and finished goods
Work in process
Raw materials and supplies
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Machinery, equipment and vehicles, net
Land
Leased assets, net
Other, net
Total property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets
Investment securities
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets-5-

As of June 30, 2024

20,166

19,545100,196

94,814

2,605
76,935
13,58735,02744,184(1,847)
290,856

2,256
79,282
22,55338,72947,015(1,978)302,220

22,76297,85821,67527,4689,389
179,155

23,221
103,187
21,94029,631
9,655
187,636

19,401
14,41533,81618,10814,18732,296

7,961
19,753(47)
27,667
240,639
531,495

7,945
21,543(47)
29,440249,374
551,594

Mitsubishi Logisnext Co., Ltd.
(Millions of yen)
As of March 31, 2024
Liabilities
Current liabilities
Accounts payable - trade
Short-term borrowings
Lease liabilities
Income taxes payable
Provision for bonuses
Provision for bonuses for directors (and otherofficers)
Provision for product warranties
Provision for loss on liquidation of subsidiaries andassociates
Other interest-bearing liabilities
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Lease liabilities
Provision for product warranties
Provision for retirement benefits for directors (andother officers)
Retirement benefit liability
Other interest-bearing liabilities
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders’ equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Share acquisition rights
Non-controlling interests
Total net assets
Total liabilities and net assets-6-

As of June 30, 2024

78,894
46,766
7,811
2,901
6,401

66,10545,494
8,317
6,519
2,707

102

30

4,272

4,235

75

75

7,709
58,437
213,374

8,512
67,025
209,023

118,402
19,615405

123,092
20,898408

5

816,484
40,665
5,208
200,787
414,162

16,83744,228
5,051
210,526
419,549

4,949
34,79343,265(92)
82,915

4,950
34,795
48,913(285)
88,374

2,705
30,977
141
33,824
255
337
117,333
531,495

2,722
40,196143
43,061
252
355
132,044551,594

Mitsubishi Logisnext Co., Ltd.

(2) Quarterly consolidated statement of income and quarterly consolidated statement ofcomprehensive income
Quarterly consolidated statement of income (cumulative)(Millions of yen)Three months ended
June 30, 2023
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Share of profit of entities accounted for using equity
methodForeign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
Share of loss of entities accounted for using equity
methodOther
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of non-current assets
Gain on sale of investment securities
Insurance claim income
Total extraordinary income
Extraordinary losses
Loss on disposal of non-current assets
Impairment losses
Business restructuring expenses
Total extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitProfit attributable to non-controlling interests
Profit attributable to owners of parent-7-

Three months ended
June 30, 2024

166,127
123,71442,41332,090
10,322

165,885
123,458
42,42735,418
7,008

276
41

455
45

4

–

279
96
698

31
147
679

1,353

1,760

–

30

37
1,391
9,629

87
1,877
5,809

235
0
54
290

5,811
84
–
5,895

5
29
104
139
9,780
4,148
(986)
3,161
6,618
10
6,608

44
–
–
44
11,661
5,791(1,916)
3,874
7,786
4
7,781

Mitsubishi Logisnext Co., Ltd.

Quarterly consolidated statement of comprehensive income (cumulative)(Millions of yen)Three months ended
June 30, 2023
ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax
Share of other comprehensive income of entities
accounted for using equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controllinginterests-8-

Three months ended
June 30, 2024

6,618

7,786

306
8,118
(26)

18
9,213
1

(9)

16

8,388
15,0079,250
17,036

14,98917,01817

17

Mitsubishi Logisnext Co., Ltd.

(3) Notes to quarterly consolidated financial statements
Notes on changes in accounting policies
Application of Accounting Standard for Current Income Taxes
The Company has applied the “Accounting Standard for Current Income Taxes” (Accounting Standards
Board of Japan (ASBJ) Statement No. 27, October 28, 2022; the “Revised Accounting Standard of2022”) and other relevant ASBJ regulations from the beginning of the first quarter of the fiscal year
ending March 31, 2025.
Revisions to categories for recording current income taxes (taxation on other comprehensive income)conform to the transitional treatment in the proviso of paragraph 20-3 of the Revised AccountingStandard of 2022 and the transitional treatment in the proviso of paragraph 65-2(2) “Guidance on
Accounting Standard for Tax Effect Accounting of 2022” (ASBJ Guidance No. 28, October 28, 2022,
ASBJ). This change in accounting policy has no impact on the quarterly consolidated financial
statements.
In addition, for revisions related to the review of the treatment in consolidated financial statements
when a gain or loss on sale arising from the sale of shares of subsidiaries, etc. among consolidated
companies is deferred for tax purposes, the Company has applied the Guidance on AccountingStandard for Tax Effect Accounting of 2022 from the beginning of the first quarter of the fiscal year
ending March 31, 2025. The change in accounting policy has been applied retrospectively. Therefore,
regarding the same period of the previous fiscal year and the previous fiscal year, the new accounting
policy was reflected in the quarterly consolidated financial statements and the consolidated financial
statements. This change in accounting policy has no impact on the quarterly consolidated financial
statements for the same period of the previous fiscal year or the consolidated financial statements forthe previous fiscal year.
Notes on segment information, etc.
I.

Three months ended June 30, 2023

1. Information on the amounts of net sales and profit or loss by reportable segment(Millions of yen)
Reportable segment

Japan

Net sales(1) Sales to externalcustomers(2) Intersegment sales
or transfers
Total
Segment profit

Overseas

Adjustments(Note 1)

Total

Amount reported
on the quarterly
consolidated
statement ofincome(Note 2)44,701

121,426

166,127–

166,127

13,503506

14,009(14,009)–58,205

121,932

180,137(14,009)

166,127

1,762

8,560

10,322–

10,322

Notes: 1. Adjustments to segment net sales represent elimination of intersegment sales.
2. Total segment profit is consistent with operating profit on the quarterly consolidated statement of income.
3. The difference between segment profit and operating profit before amortization of goodwill, which theCompany uses as a key management indicator, is depreciation and amortization of identifiable assets(valuation difference) and amortization of goodwill acquired on the date of business combination.
Japan

Overseas

Total

Segment profit

1,762

8,560

10,322

Amortization of goodwill

1,000

876

1,876

210

420

630

2,972

9,857

12,829Depreciation and amortization ofvaluation difference
Operating profit before
amortization of goodwill-9-Mitsubishi Logisnext Co., Ltd.

2. Information on impairment losses of non-current assets or goodwill, etc. by reportable segment
There are no material matters to report.
II. Three months ended June 30, 2024
1. Information on the amounts of net sales and profit or loss by reportable segment(Millions of yen)
Reportable segment

Japan

Net sales(1) Sales to externalcustomers(2) Intersegment sales
or transfers

Overseas

Adjustments(Note 1)

Total

Amount reported
on the quarterly
consolidated
statement ofincome(Note 2)

46,447

119,438

165,885–

165,885

11,812515

12,327(12,327)–

Total

58,259119,953

178,213(12,327)

165,885

Segment profit

272

6,735

7,008

–

7,008

Notes: 1. Adjustments to segment net sales represent elimination of intersegment sales.
2. Total segment profit is consistent with operating profit on the quarterly consolidated statement of income.
3. The difference between segment profit and operating profit before amortization of goodwill, which theCompany uses as a key management indicator, is depreciation and amortization of identifiable assets(valuation difference) and amortization of goodwill acquired on the date of business combination.
Japan
Segment profit
Amortization of goodwill
Depreciation and amortization ofvaluation difference
Operating profit before
amortization of goodwill

Overseas

Total

272

6,735

7,008

1,000

978

1,978

217

474

692

1,490

8,188

9,679

2. Information on impairment losses of non-current assets or goodwill, etc. by reportable segment
There are no material matters to report.
Notes on significant changes in the amount of shareholders’ equity
Not applicable.
Notes on premise of going concern
Not applicable.
Notes on quarterly consolidated statement of cash flows
Quarterly consolidated statement of cash flows has not been prepared for the three months ended June30, 2024. Depreciation (including amortization related to intangible assets excluding goodwill) andamortization of goodwill for the three months ended June 30, 2023 and 2024 are as follows.

- 10 -

Mitsubishi Logisnext Co., Ltd.
(Millions of yen)Three months ended June 30, 2023

Three months ended June 30, 2024

Depreciation

6,320

8,479

Amortization of goodwill

1,876

1,978

- 11 -

Mitsubishi Logisnext Co., Ltd.

3. Other
Supplementary Information
Reference: Consolidated financial results for the three months ended June 30, 2024
1. Financial highlights(Billions of yen)
Fiscal year ending March 31, 2025

Fiscal year ended March 31, 2024
Q1
(Apr.Jun.)

Q2(Jul.Sep.)

Q3(Oct.Dec.)

Q4(Jan.Mar.)

Total

Q1
(Apr.Jun.)

166.12

177.64177.18180.81701.77165.88165.88

12.82

14.98

15.82

9.23

52.87

9.67

9.67

7.7

8.4

8.9

5.1

7.5

5.8

5.8

(2.50)(2.56)(2.59)(2.60)(10.27)(2.67)(2.67)

Operating profit(Operating profit
margin) (%)

10.32

12.41

13.23

6.63

42.60

7.00

7.00

6.2

7.0

7.5

3.7

6.1

4.2

4.2

Ordinary profit(Ordinary profit
margin) (%)

9.62

11.43

11.78

4.63

37.47

5.80

5.80

5.8

6.4

6.7

2.6

5.3

3.5

3.5

6.60

9.95

8.02

2.93

27.52

7.78

7.78

4.0

5.6

4.5

1.6

3.9

4.7

4.7

Net sales
Operating profit before
amortization of
goodwill(Operating profit
margin) (%)
Amortization of
goodwill

Profit attributable toowners of parent(Net profit margin)(%)

Q2(Jul.Sep.)

Q3(Oct.Dec.)

Q4(Jan.Mar.)

Exchange rates

Total

(Yen)

USD

137.37141.00143.29144.62155.83EUR

149.47153.39155.29156.80167.83

2. Segment information(Billions of yen)
Fiscal year ending March 31, 2025

Fiscal year ended March 31, 2024

Net sales
OperatingprofitQ1(Apr.Jun.)

Q2(Jul.Sep.)

Q3(Oct.Dec.)

Q4(Jan.Mar.)

Total

Q1
(Apr.Jun.)

Japan

44.70

48.18

48.63

48.91

190.44

46.44

46.44

Overseas121.42129.45128.54131.89511.32

119.43

119.43

Japan

2.97

2.58

3.86

0.48

9.90

1.49

1.49

Overseas

9.85

12.40

11.96

8.75

42.97

8.18

8.18

* Operating profit represents operating profit before amortization of goodwill- 12 -

Q2(Jul.Sep.)

Q3(Oct.Dec.)

Q4(Jan.Mar.)

Total

Mitsubishi Logisnext Co., Ltd.
Net sales by region(Billions of yen)
Fiscal year ended March 31, 2024

Fiscal year ending March 31, 2025

RegionQ1(Apr.Jun.)

Q2(Jul.Sep.)

Q3(Oct.Dec.)

Q4(Jan.Mar.)

Total

Q1
(Apr.Jun.)

Q2(Jul.Sep.)

Q3(Oct.Dec.)

Q4(Jan.Mar.)

Total

Japan

44.70

48.18

48.63

48.91

190.44

46.44

46.44

Americas

86.69

94.40

93.44

95.33

369.86

85.81

85.81

Europe

25.69

25.25

26.20

28.10

105.26

26.18

26.18

China & Asia

9.03

9.80

8.89

8.46

36.19

7.43

7.43

Total

166.12

177.64177.18180.81701.77165.88165.88

3. Units sold of forklifts(Thousands of units)
Fiscal year ending March 31, 2025

Fiscal year ended March 31, 2024
Q1
(Apr.Jun.)

Q2(Jul.Sep.)

Q3(Oct.Dec.)

Q4(Jan.Mar.)

Total

Q1
(Apr.Jun.)

Japan

7

7

7

7

28

6

6

Overseas

21

21

20

20

82

16

16

Total

28

29

27

27

110

22

22

- 13 -

Q2(Jul.Sep.)

Q3(Oct.Dec.)

Q4(Jan.Mar.)

Total