HITACHI TRAN : Presentation Material of financial results for FY2023

June 28, 2024

FY2023

(Year Ended March 31, 2024)

Financial Results Briefing

© LOGISTEED, Ltd. 2024. All Rights Reserved.

Contents

FY2023 Financial Results

■Overview

■Breakdown by Segment

■Overseas Results by Region

■＜Reference＞Results by Business Category

© LOGISTEED, Ltd. 2024. All Rights Reserved.

1

FY2023 (Year Ended March 31, 2024)

Overview of Financial Results

*1. The Company has taken over all of LOGISTEED, Ltd.'s (after changing its name on March 1, 2024 to L-management) business through an absorption-type split effective on March 1, 2024. The actual figures for FY2023 in this document are the consolidated performance figures with LOGISTEED Group, Ltd. (after changing its name on March 1, 2024 to LOGISTEED, Ltd. (hereinafter: LD)) at the top, and the actual figures for FY2022 are presented with reference to the figures for L-management.

*2. In order to more appropriately reflect the actual business results, from the Fiscal Year ended March 31, 2024, Adjusted operating profit will be calculated by subtracting other income from Operating profit and adding Other expenses, Amortization of intangible assets identified through business combinations, and Stock-based compensation expenses (excluding those related to performance-based stock compensation plans). The actual figures for the Fiscal Year ended March 31, 2023 reflect this change.

© LOGISTEED, Ltd. 2024. All Rights Reserved.

2

FY2023 Results (Overview)

(Unit: 100 million yen, rounded off to the nearest integer. < >: profit ratios (%).)

	(Reference)FY2022	FY2023
	Results	Results
Revenues	8,143	8,002

Adjusted operating	<5.9>	480.0	<4.9>	389.0
income		(*443.1)
EBIT	<5.6>	452.9	<2.4>	191.2
(Earnings before interest
and taxes)
Net income attributable	<3.1>	255.2	<7.3>	582.5
to stockholders of the
parent company
*The figures except for increasing impact of the amortization by valuation of fixed Asset following
company merger(hereinafter: impact by measure)
				© LOGISTEED, Ltd. 2024. All Rights Reserved.	３

FY2023 Results (Breakdown by Segment)

(Unit: 100 million yen, rounded off to the nearest integer. < >: profit ratios (%).)

	(Reference)FY2022		FY2023
	Revenues	Adjusted	Revenues	Adjusted operating income
	operating		Except for imact of
		income
				Measure, etc. *
Domestic logistics	4,240	240.0	<53> 4,275	199.7	273.5

	Overseas	3,261	191.0	<40>	3,222		146.3		132.2
Global
Allocated to	498	31.6	<4>	352		21.2		17.1
logistics	Domestic companies
(Freight Forwarding, etc.)
		3,759	222.6	<45>45%	3,574	43%	167.5	34%	149.3
Other (Logistics-related business, etc.)	144	17.4	<2>	153		21.9		20.4
	Total	8,143	480.0 <100>	8,002		389.0		443.1

Indicates a ratio of Global logistics.

*Excluding the impact of measures and changes to company-wide cost allocation rates.

© LOGISTEED, Ltd. 2024. All Rights Reserved.

4

FY2023 Results (Overseas results by Region)

(Unit: 100 million yen, rounded off to nearest integer. < >: composition ratio (%). )

	(Reference)FY2022		FY2023
		Adjusted		Adjusted operating income
	Revenues	operating	Revenues
		income			Except for the imact of
				measure, etc. * 3
North Amercia	836	43.2	833	32.5	35.3

Overseas	Europe * 1	1,198	87.2	1,456	82.1	72.0
Consolidated	696	43.9	577	28.9	26.0
	Asia * 2
	China	532	24.4	358	7.3	3.3
	adjustment, etc.	-1	-7.6	-1	-4.4	-4.4
	Total		<5.9%>		<4.5%>	<4.1%>
	3,261	191.0	3,222	146.3	132.2

*1. Including Turkey. *2. Including Oceania and others. *3. Excluding the impact of measures and changes to company-wide cost allocation rates.

© LOGISTEED, Ltd. 2024. All Rights Reserved.

5

FY2023 Results（Breakdown by Business category）

Reference

Results by Business Category (Estimated)

(Unit: 100 million yen)

		Revenues
	FY2021(Results)	FY2022(Results)	FY2023(Results)
Domestic	3,653	3,696	3,682
Overseas	939	1,283	1,617

	3PL	4,593	4,979	5,299
	Domestic	434	492	346
	Overseas	1,262	1,236	782
Freight Forwarding	1,696	1,728	1,128
	Domestic	520	557	606
	Overseas	499	737	817
	Automobile	1,019	1,293	1,423
Other services	129	142	153
	Total	7,436	8,143	8,002
						© LOGISTEED, Ltd. 2024. All Rights Reserved.	6

June 28, 2024

FY2023

(Year Ended March 31, 2024)

Financial Results Briefing

© LOGISTEED, Ltd. 2024. All Rights Reserved.