Yasuda Logistics reports sharp rise in full-year net profit
Updated
Updated · MarketWatch · May 8
Yasuda Logistics reports sharp rise in full-year net profit
6 articles · Updated · MarketWatch · May 8
For the year ended 31 March, net profit reached Y6.73 billion from Y2.80 billion, while revenue rose to Y80.03 billion from Y75.12 billion.
Operating profit increased to Y4.29 billion from Y3.52 billion, pretax profit climbed to Y5.82 billion from Y4.98 billion, and earnings per share rose to Y232.33 from Y96.76.
The Japanese company said the results were prepared under Japanese accounting standards, marking broad year-on-year improvement across its income statement.
With Japan's logistics sector facing a labor crisis, can Yasuda's record-breaking profit growth be sustained?
How is Yasuda using technology and acquisitions to navigate the global supply chain 'permacrisis'?