Improved Full Year Forecast
The revenue forecast for the full year was increased by JPY 60 billion to JPY 2,340 billion, and recurring profit was revised up by JPY 10 billion to JPY 245 billion.
Steady Demand in Automotive and Energy Sectors
The automotive transportation demand remained strong, supported by production recovery and firm sales in key countries. The Energy business, especially LNG and offshore, showed favorable results due to long-term contracts.
Resilient E-commerce Demand
E-commerce-related cargo for North America showed steady demand, contributing positively to the Air Cargo Transportation business.
Positive Market Conditions in VLCC and VLGC
VLCC market improved during its peak season, and VLGC also recorded increased revenues due to favorable market conditions.