Revenues decreased by ¥44.8 billion, or 2.3%, year on year to ¥1,864.3 billion.
In the Logistics segment, revenues in South Asia & Oceania increased ¥0.1 billion, or 0.2%, year on year, due in part to the addition of new consolidated subsidiaries, but revenues decreased ¥2.6 billion, or 0.2%, in Japan and, due in part to the impact of exchange rates, fell ¥10.8 billion, or 11.5%, in the Americas, ¥5.2 billion, or 6.3%, in Europe and ¥13.3 billion, or 11.6%, in East Asia. Revenues increased ¥0.9 billion, or 1.8%, in the Security Transportation segment, but decreased ¥4.4 billion, or 8.6%, in the Heavy Haulage & Construction segment and ¥6.9 billion, or 1.7%, in the Logistics Support segment.
Operating costs came to ¥1,702.0 billion, a decrease of ¥53.4 billion, or 3.0%, from the previous fiscal year. Gross profit increased ¥8.6 billion, or 5.7%, year on year to ¥162.2 billion, and the ratio of gross profit to revenues rose 0.7 of a percentage point to 8.7%. The decrease in operating costs was mainly due to the decreases in purchases of oil for sale and fuel oil costs as a result of the drop in crude oil prices.