
I would like to begin by expressing my sincere gratitude to the Company's shareholders and investors for their ongoing support.
The business environment in the fiscal year ended March 31, 2026 remained uncertain, reflecting factors such as rising prices, developments in the Middle East, and concerns about the outlook due to U.S. trade policy.
Against this backdrop, in the logistics business, we promoted the expansion and enhancement of our logistics facilities. Specifically, renovation work was carried out at the Medical Logistics Unit Tokyo Logistics Center in Yoshikawa City, Saitama Prefecture, which commenced operations as the Yoshikawa Logistics Center in July 2025. In addition, the Haneda Logistics Center, a logistics warehouse in Ota-ku, Tokyo primarily handling medical devices, commenced operations in June 2026. We also worked to further expand our transportation and delivery network by entering into a share transfer agreement for all shares of TEIJIN LOGISTICS CO., LTD. and proceeding with the share transfer procedures in phases, as well as by acquiring all shares of Toyama-ken Truck Co., Ltd. and making it a Group company. In the real estate business, we further strengthened our stable earnings base through the maintenance and management of our owned properties, initiatives to enhance their value, and the provision of real estate solutions leveraging our high level of expertise.
The Yasuda Logistics Group has also been committed to sustainability management, including efforts to achieve the CO₂ emissions reduction targets set forth under our material issues, while actively promoting logistics DX through the use of cutting-edge technologies such as AI and robotics, as well as other digital technologies.
Based on the basic policy set forth in our Medium-Term Management Plan, “YASDA GROUP CHALLENGE 2027” — “We aim to provide ‘YASDA Value’ that surpasses the expectations of society and our customers by evolving our cutting-edge technology, diverse human resources, and domestic and international network as the collective strength of the Yasuda Logistics Group.” — our Group will work with full commitment toward achieving its goals and further enhancing corporate value.
We sincerely ask for the continued support of the Company’s shareholders and investors.
June 2026
Kazunari Ogawa
Representative Director, President & CEO
Yasuda Logistics Corporation