Yusen Logistics : Earnings Report for the Fiscal Year Ended March 31, 2016(Summary)(Disclosed o...

Microsoft Word - Earnings Report for the Fiscal Year Ended March 31, 2016 (Summary).docx Earnings Report for the Fiscal Year Ended March 31, 2016 (Summary)

Company Name: Yusen Logistics Co., Ltd.

Stock Exchange Listing: The First Section of Tokyo Stock Exchange Code Number: 9370

URL: http://www.yusen-logistics.com

Representative (Title) President and Representative Director (Name) Hiromitsu Kuramoto

April 28, 2016

Inquiries (Title) GeneralManager,

Corporate Communication Department

(Name) Ken Takano Phone +81-3-6703-8298

Scheduled date of ordinary general meeting of shareholders: June 24, 2016 Scheduled date of dividend payment: June 27, 2016 Scheduled date of submission of financial reports: June 24, 2016

Supplementary material for quarterly financial results: Yes

Briefing on quarterly financial results: Yes (for Institutional Investors, Analysts and Media)

(Figures are rounded to the nearest million yen)

1. Consolidated Business Results and Financial Position for the Fiscal Year Ended March 31, 2016 (from April 1, 2015 to March 31, 2016)

2. Consolidated Business Results

   (%: year-on-year change)

   Net Sales		Operating Income		Ordinary Income		Profit Attributable to Owners of Parent
   Year Ended March 31, 2016	Million yen	%	Million yen	%	Million yen	%	Million yen	%
   	469,816	1.9	9,057	△2.6	10,003	△0.0	2,699	△2.7
   Year Ended March 31, 2015	460,968	13.5	9,303	105.7	10,007	102.5	2,775	111.1

   Note) Comprehensive income

   Year Ended March 31, 2016: △3,608 million yen (-％) Year Ended March 31, 2015: 13,957 million yen (53.9%)

   Net Income per Share	Fully Diluted Net Income per Share	Return on Equity	Ordinary Income to Total Assets	Operating Income to Net Sales
   Year Ended March 31, 2016 Year Ended March 31, 2015	yen 64.01 65.81	yen - -	% 3.6 3.8	% 4.7 4.8	% 1.9 2.0

   Note) Equity in earnings of affiliated companies

   Year Ended March 31, 2016: 38 million yen Year Ended March 31, 2015: 99 million yen

3. Consolidated Financial Position

   Total Assets	Equity	Shareholders' Equity Ratio	Equity per Share
   Year Ended March 31, 2016	Million yen	Million yen	%	yen
   	200,409	109,642	36.4	1,731.87
   Year Ended March 31, 2015	222,736	113,904	34.6	1,825.21

   Note) Shareholders' Equity

   Year Ended March 31, 2016: 73,032 million yen Year Ended March 31, 2015: 76,968 million yen

4. Consolidated Cash Flow

   Cash Flows from Operating Activities	Cash Flows from Investing Activities	Cash Flows from Financing Activities	Cash and Cash Equivalents at the end of the period
   Year Ended March 31, 2016 Year Ended March 31, 2015	Million yen 13,751 9,345	Million yen △6,166 △8,504	Million yen △4,304 672	Million yen 32,911 32,107

5. Dividends

   Dividends per share					Total amount of dividends (Total)	Dividend propensity (Consolidated)	Dividend on equity ratio (Consolidated)
   (Base Date)	1Q	2Q	3Q	Year End				Total
   Year Ended March 31, 2015	yen - -	yen	yen - -	yen	yen	Million yen	%	%
   		9.00		10.00	19.00	801	28.9	1.1
   Year Ended March 31, 2016		10.00		10.00	20.00	844	31.2	1.1
   Year Ending March 31, 2017 (Forecast)	-	10.00	-	10.00	20.00	21.1

6. Consolidated Forecast for the Fiscal Year Ending March 31, 2017 (from April 1, 2016 to March 31, 2017)

7. (%: full year/ year-on-year change, interim period/compared to the same period of the previous fiscal year)

   Net Sales		Operating Income		Ordinary Income		Profit Attributable to Owners of Parent		Net Income per Share
   Interim period Full year	Million yen 233,000 470,000	% △1.9 0.0	Million yen 3,750 10,000	% △18.4 10.4	Million yen 3,900 10,200	% △29.3 2.0	Million yen 1,200 4,000	% △49.4 48.2	yen 28.46 94.86

   ※Notes

8. Changes in important subsidiaries during the term under review (changes in specified subsidiaries requiring a change in the scope of consolidation): None

9. Changes in accounting policies, changes in accounting estimates, and restatement

   ① Changes in accounting policies related to the revision of accounting standards : Yes

   ② Changes other than the changes set out in ① above : None

   ③ Changes in accounting estimates : None

   ④ Restatement : None

   As of March 31,2016	42,220,800 shares	As of March31,2015	42,220,800 shares
   As of March 31,2016	51,726 Shares	As of March31,2015	51,566 shares
   Year ended March 31,2016	42,168,957 shares	Year ended March31,2015	42,169,325 shares

10. Total number of outstanding shares (common shares)

    ① Number of outstanding shares at the end of term (including treasury stock)

    ② Number of treasury stock at the end of term

    ③ Average number of shares during the period

    [References] Non-Consolidated Business Results and Financial Position

    1．Non-Consolidated Business Results and Financial Position for the Fiscal Year Ended March 31, 2016

    (from April 1, 2015 to March 31, 2016)

11. Non-Consolidated Business Results (%: year-on-year change)

    Net Sales		Operating Income		Ordinary Income		Net Income
    Year Ended March 31, 2016 Year Ended March 31, 2015	Million yen 73,830 85,393	% △13.5 23.4	Million yen △1,028 1,159	% - 312.5	Million yen 134 2,410	% △94.4 131.8	Million yen △370 164	% - △79.6

    Net Income per Share	Fully Diluted Net Income per Share
    Year Ended March 31, 2016 Year Ended March 31, 2015	yen △8.78 3.88	yen - -

12. Non-Consolidated Financial Position

13. Total Assets	Equity	Shareholders' Equity Ratio	Equity per Share
    Year Ended March 31, 2016	Million yen	Million yen	%	yen
    	57,417	25,021	43.6	593.35
    Year Ended March 31, 2015	63,104	26,426	41.9	626.65

    Note) Shareholders' Equity

    Year Ended March 31, 2016: 25,021 million yen Year Ended March 31, 2015: 26,426 million yen

    • Audit Procedures

      This earnings report is not subject to auditing procedures under the Financial Instruments and Exchange Act, and auditing procedures for financial statements are in place at the time this earnings report is disclosed.

    • Explanation about the appropriate use of earnings forecasts and other comments

    The above projections are based on information available at the time of the release of this report and contain uncertainties. Actual results could differ materially from the projections due to changes in business conditions and other factors.