Yusen Logistics : GO FORWRD, Yusen Logistics -Next Challenges- (2014-2016)revision -2016.04.28-

Microsoft PowerPoint - 【HP掲載用・英語版】新中期経営計画見直し（2016.04.30）.ppt [互換モード] Medium-Term Business Plan-Revision

（from FY2014 to FY2016）

April 28, 2016 Yusen Logistics Co., Ltd.

Revision of Financial and Handling Targets for Medium-Term Business Plan

Numerical targets for last year of Medium-Term Business Plan were announced in "Earnings Report for the Fiscal Year Ended March 31, 2016". As for FY2016, Financial targets and Handling targets have been revised as shown below, in consideration of the situation that the business environment has been deviated from what we initially expected. We recognize that achieving the targets by steadily implementing the basic strategy stated in Medium-Term Business Plan is a major management challenge, and will keep trying to increase our handling volume and working hard on operational reforms.

FY2014			FY2015			FY2016
Target	Actual result	Achievement Ratio	Target	Actual result	Achievement Ratio	Target	Forecast
Net Sales	430,000	460,968	107%	500,000	469,816	94%	530,000	470,000
Operating Income	6,500	9,303	143%	9,500	9,057	95%	12,000	10,000
Ordinary Income	6,500	10,007	154%	10,000	10,003	100%	12,000	10,200
Profit Attributable to Owners of Parent	2,100	2,775	132%	3,300	2,699	82%	4,000	4,000

Target Performance (Consolidated)

FY2014			FY2015			FY2016
Target	Actual result	Achievement Ratio	Target	Actual result	Achievement Ratio	Target	Forecast
Ocean Freight (Exports)	650,000 TEU	550,000 TEU	85%	660,000 TEU	670,000 TEU	102%	770,000 TEU	770,000 TEU
Air Freight (Exports)	330,000 Tons	340,000 Tons	103%	350,000 Tons	330,000 Tons	94%	370,000 Tons	370,000 Tons

Handling Targets (YLK Group Total)

(Million yen)

1

Handling Results for FY2014-2015 & Targets for FY2016

Numerical Targets ：	Ocean Freight Forwarding：	770,000 TEU
for FY2016 (Group total)	Air Freight Forwarding ： 370,000 Tons

Ocean Freight

(unit : TEU)

Air Freight

(unit : Tons)

670,000

770,000

340,000

330,000

370,000

550,000

FY2014 FY2015 FY2016 FY2014 FY2015 FY2016

(result)

(result)

(result)

(result)

2

Financial Results for FY2014-2015 & Targets for FY2016 Numerical Targets ： Consolidated net sales ： JPY470.0 billion for FY2016 Consolidated operating income： JPY 10.0 billion Consolidated ordinary income ： JPY 10.2 billion

Net sales Operating income Profit attributable to owners of parent Ordinary income

461.0 billion

469.8 billion

470.0 billion

10.0 billion 10.0 billion

10.2 billion

10.0 billion

Ordinary income

Operating income

9.3 billion

2.8 billion

9.1 billion

2.7 billion

4.0 billion

FY2014

(result)

FY2015

(result)

FY2016

3