Financial Highlights (Consolidated) millions Operating Margin 1,5, 12 1,25, Operating Revenues Operating Margin 1 1,, 8 75, 6 5, 4 25, 2 932,12 972,135 1,11,343 1,71,93 1,144,96 1,161,567 1,225,973 1,251,921 1,2,834 1,236,52 1,26,832 Operating Revenues ( millions) 53,189 56,818 46,658 51,23 68,721 67,161 68,18 55,72 61,388 64,314 66,65 Operating Income ( millions) 54,431 58,492 48,547 53,516 71,194 69,148 7,594 57,821 63,313 65,951 67,92 Ordinary Income ( millions) 27,512 48,51 49,783 33,848-23,968 33,813 35,352 25,523 32,282 33,27 19,786 5.7 5.8 4.6 4.8 6. 5.8 5.6 4.5 5.1 5.2 5.3 Operating Margin (%) Capital Ratio millions 6, 1 Capital Ratio Tangible Net Worth 45, 75 3, 5 15, 25 678,939 655,877 652,792 676,155 793,221 829,721 874,219 869,65 878,641 899,363 919,294 Total Assets ( millions) 364,85 46,36 443,715 458,792 423,689 445,262 465,81 475,814 512,91 515,62 514,996 Tangible Net Worth ( millions) 53.7 61.9 68. 67.9 53.4 53.7 53.3 54.7 58.4 57.3 56. Capital Ratio (%)
Business Groups at a Glance Delivery: Small-parcel delivery services such as Takkyubin (door-to-door parcel delivery) and Kuroneko Mail BIZ-Logistics: B2B logistics business centered on international forwarding and domestic logistics businesses (product warehouse storage, logistics processing, goods inspection, packaging, dispatch agent services etc.) Home Convenience: Lifestyle support services tailored to each specific region mainly consisting of pickup, delivery and installation services for household goods and electrical appliances. e-business: Information service business that supports the streamlining of business processes through IT. Financial: Financial service businesses offering payment settlement for companies and general consumers Truck Maintenance: Business aimed at transportation business, particularly vehicle maintenance. Other: Broad range of shared services such as arterial route transportation business and staff placement business etc. 1 8 6 4 2 Growth and Profit Potential of Each Business Size of circles shows the volume of operating revenues. (Delivery) 1,14,564 (BIZ-Logistics) 82,478 (Truck Maintenance) 21,188 millions (e-business) 35,54 (Financial) 54,114-2 (Home Convenience) 47,715 Exclude Other -4-5 5 1 15 2 Operating Margin (%) Operating Revenues ( millions) 934,67 981,141 997,898 966,48 995,651 1,14,564 Delivery 91,392 95,692 92,947 78,927 82,7 82,478 BIZ-Logistics 44,982 48,938 53,315 5,35 48,997 47,715 Home Convenience 3,713 32,795 32,272 32,93 32,798 35,54 e-business 48,43 51,458 53,67 52,658 52,392 54,114 Financial 11,396 17,554 16,1 19,696 21,188 Truck Maintenance 4,551 4,326 4,321 4,975 5,267 Other Note:Operating revenues and operating income of Takkyubin at overseas are included in the Delivery Business. Note: Accounting for air freight was changed from 1/3. Note:Other business operating income includes dividends received from each Group company. Operating (Loss) Income ( millions) 43,31 39,872 31,123 38,7 4,577 4,964 Delivery 3,794 5,148 3,194 2,656 3,664 3,662 BIZ-Logistics 1,347 656-339 -71-618 -43 Home Convenience 5,29 6,227 6,59 6,16 6,79 6,73 e-business 9,49 1,924 1,56 1,26 9,938 9,938 Financial 2,58 1,711 1,649 2,133 2,513 Truck Maintenance 3,151 22,92 18,633 19,862 11,876 Other
Main Products 1 thousands parcels 25, 225, 2, 175, 15, Delivery Volume of Small Parcels Takkyubin Kuroneko Mail 125, 1, 75, 5, 25, 94,789 98,393 11,114 16,35 112,899 117,459 123,625 123,28 126,259 134,876 142,36 Takkyubin (1 thousands parcels) 11,22 11,594 12,264 12,917 13,752 14,541 15,591 15,76 16,25 16,943 17,489 Cool Takkyubin (1 thousands parcels) 5,27 5,82 6,349 6,85 7,86 8,368 8,933 9,466 1,5 1,372 1,796 Takkyubin Collect (1 thousands parcels) 6,643 99,436 143,239 173,479 197,18 22,612 223,16 226,289 231,219 218,741 Kuroneko Mail (1 thousands units) Note:Delivery volume of Takkyubin only indicates the Delivery Business (in Japan) of the Yamato Group. The delivery volume of Takkyubin at overseas (exclude japan) is not included. millions 9, 8, 7, Operating Revenues from Small Parcels Takkyubin Kuroneko Mail 6, 5, 4, 3, 2, 1, 683,588 698,498 69,87 78,53 737,398 76,53 795,872 795,747 787,768 821,293 854,49 Operating Revenues from Takkyubin ( millions) 6,492 62,535 83,668 13,958 12,549 129,676 141,617 145,54 147,14 147,89 136,17 Operating Revenues from Kuroneko Mail ( millions) Unit Price 721 71 682 666 653 647 644 645 624 69 6 Takkyubin ( ) 13 84 73 69 66 64 65 65 64 62 Kuroneko Mail ( ) Note:Operating revenues of Takkyubin sector from 9/3 include the revenues of consigned business from the Domestic Air-Freight business as a result of the business s in-house split-up.unit Price calculated by the same method as the previous year was 643. Note:Operating revenues of Takkyubin include that of Takkyubin at overseas.the unit price is the Takkyubin unit price in Japan.
Market million parcels 3,5 3, Takuhaibin (Door-to-Door Parcel Delivery) Delivery Volume Takkyubin Excluding Takuhaibin by air Perikanbin Hikyaku Takuhaibin Yu-Pack Other 2,5 2, 1,5 1, 5 2,787 2,887 2,986 3,58 3,143 3,175 3,197 3,177 3,17 3,193 Total Volume (million parcels) 944 98 1,6 1,58 1,124 1,169 1,233 1,23 1,26 1,348 Takkyubin 818 878 925 943 993 1,28 1,49 1,61 1,124 1,194 Hikyaku Takuhaibin 419 383 367 349 328 33 336 327 192 46 Perikanbin 161 165 182 214 246 267 271 277 264 346 Yu-Pack 33.9 34. 33.7 34.6 35.8 36.8 38.6 38.7 4.6 42.2 Yamato s Market Share The source: Ministry of Land, Infrastructure and Transport of Japan / Japan Post Note: The above table only refers to the delivery volume of small parcels until 211 since the delivery volume of Takuhaibin by truck for 212 is not disclosed from the Ministry of Land, Infrastructure and Transport of Japan as of May 31, 212. in millions of ton-km 35, Vehicles for Private use 3, 25, 2, 15, 1, 5, Volume of Freight Transport Vehicles for Business use 53,31 49,723 47,498 45,481 44,26 44,352 44,615 43,64 41,44 3,645 Vehicles for Private use (in millions of ton-km) 259,771 262,35 274,364 282,151 29,773 32,182 31,185 32,816 293,227 223,434 Vehicles for Business use (in millions of ton-km) The source:ministry of Land, Infrastructure and Transport of Japan Note: The survey method and data collation method was changed in October 21. There is no guarantee of continuity with respect to the released figures and time periods for September 21 and earlier. Note: Figures for the 211 fiscal year do not include the march-211 figures from Hokkaido District Transport Bureau and Tohoku District Transport Bureau.
Profitability (Consolidated) Return on Equity and Return on Revenues 7.8 12.6 11.7 7.5 7.8 7.8 5.4 6.5 6.5 3.8 Return on Equity (%) 3. 5. 4.9 3.2 2.9 2.9 2. 2.7 2.7 1.6 Return on Revenues (%) 932,12 972,135 1,11,343 1,71,93 1,144,96 1,161,567 1,225,973 1,251,921 1,2,834 1,236,52 1,26,832 Operating Revenues ( millions) 878,93 915,317 964,685 1,2,7 1,76,239 1,94,46 1,157,793 1,196,2 1,139,445 1,172,25 1,194,181 Operating Expenses ( millions) 489,87 53,827 526,882 542,35 563,266 58,187 69,994 621,115 621,188 637,512 656,64 Personnel Expenses ( millions) 291,57 318,89 311,348 357,23 387,955 42,64 43,22 49,94 446,737 466,715 471,636 Subcontracting Expenses ( millions) 17,832 18,441 23,345 27,277 31,52 34,968 38,946 41,663 36,596 4,25 43,315 Vehicle Expenses ( millions) 186,83 198,925 217,142 235,162 25,462 243,424 256,668 248,257 242,39 246,28 248,649 Other Expenses ( millions) -15,912-124,686-114,34-141,69-156,947-166,777-177,837-25,776-27,116-218,57-226,23 Eliminations ( millions) 53,189 56,818 46,658 51,23 68,721 67,161 68,18 55,72 61,388 64,314 66,65 Operating Income ( millions) 27,512 48,51 49,783 33,848-23,968 33,813 35,352 25,523 32,282 33,27 19,786 354,57 385,556 425,1 451,253 441,24 434,476 455,532 47,88 494,362 514,256 515,299 Tangible Net Worth (average) ( millions) 2.6 2.5 2.4 2.4 2.6 2.7 2.7 2.7 2.4 2.4 2.4 Tangible Net Worth Turnover (times) 4.1 7.3 7.6 5.1 4.2 4.2 2.9 3.7 3.7 2.2 Return on Assets (%) 674,592 667,48 654,334 664,474 734,688 811,471 851,97 871,912 874,123 889,2 99,329 Total Assets (average) ( millions) 1.4 1.5 1.5 1.6 1.6 1.4 1.4 1.4 1.4 1.4 1.4 Total Assets Turnover (times) ROE is calculated by dividing net income by average tangible net worth. ROA is calculated by dividing net income by average total assets.
Financial Soundness (Consolidated) times 3 Interest Coverage Ratio 25 2 15 1 5 53,189 56,818 46,658 51,23 68,721 67,161 68,18 55,72 61,388 64,314 66,65 Operating Income ( millions) 65 547 435 492 559 785 94 858 55 559 65 Interest and Dividends Received ( millions) 2,154 1,564 722 496 499 258 37 955 696 873 737 Interest Expense ( millions) 25. 36.7 65.2 14.2 138.6 262.7 224.9 59.2 89. 74.2 91.2 Interest Coverage Ratio (times) 2 Current Ratio 18 16 14 12 1 261,173 248,18 251,26 269,488 45,67 425,12 44,593 435,78 443,199 45,255 464,455 Current Assets ( millions) 168,28 17,594 176,458 188,646 282,125 284,726 279,239 275,772 277,39 264,332 282,343 Current Liabilities ( millions) 155.4 145.4 142.4 142.9 143.8 149.3 144.9 158. 159.8 17.3 164.5 Current Ratio (%)
Productivity (Consolidated) thousands 14, Operating Revenue per Employee 12, 1, 8, 6, 4, 2, 932,12 972,135 1,11,343 1,71,93 1,144,96 1,161,567 1,225,973 1,251,921 1,2,834 1,236,52 1,26,832 Operating Revenues ( millions) 15,242 11,824 122,461 136,788 147,194 155,22 163,744 17,249 169,18 169,598 174,471 Average Number of Employees 12,635 12,93 11,352 11,95 11,173 1,924 11,24 1,852 1,44 1,673 1,658 Operating Revenue per Employee ( thousands) Note:When calculating operating revenue per employee, the number used for part-time employees was the number after conversion to full-time employees. employee 2, 175, 15, Part-Time Employees Number of Employees by Type Full-Time Employees 125, 1, 75, 5, 25, 55,65 67,858 69,398 74,571 75,552 77,17 8,843 82,61 82,395 83,427 84,293 Full-Time Employees 53,95 45,9 62,576 67,31 77,235 8,483 88,993 88,61 85,16 88,215 93,8 Part-Time Employees 18,7 112,948 131,974 141,62 152,787 157,653 169,836 17,662 167,555 171,642 177,31 Total Employees Note:The numbers of employees above include the numbers of employees engaged in Takkyubin at overseas.
Cash Flow (Consolidated) millions 12, 1, Cash Flow Cash Flow from Operations 8, 6, 4, 2, -2, -4, -6, -8, -1, Cash Flow from Investments -12, Cash Flow from Financial Activities 69,723 86,35 41,64 76,642 84,674 8,762 116,895 84,462 77,64 87,899 71,843 Cash Flow from Operations ( millions) -46,467-39,375-4,684-39,99-54,27-6,898-112,39-23,94-34,242-51,678-41,92 Cash Flow from Investments ( millions) -26,947-73,594-16,44-33,911-25,355-15,171 7,31-28,83-28,124-2,152-32,916 Cash Flow from Financial Activities ( millions) millions 14, Capital Expenditures and Depreciation 12, 1, 8, 6, 4, Depreciation Capital Expenditures 2, 38,624 4,139 45,898 39,85 47,725 47,524 123,591 49,16 35,322 44,274 5,19 Capital Expenditures ( millions) 31,764 31,731 35,662 37,146 35,2 4,149 44,772 42,75 39,877 39,582 38,682 Depreciation ( millions) Note:Total capital expenditures for 8/3 include the expenditures related to Haneda Logistics Terminal of 81,19 million.
Performance Indicators 12 Earnings per Share (Consolidated) 1 8 6 4 2-2 -4-6 27,512 48,51 49,783 33,848-23,968 33,813 35,352 25,523 32,282 33,27 19,786 461,319 462,67 461,597 455,77 449,623 447,349 443,22 443,139 449,334 452,36 43,181 Common Stock Outstanding (average)(thousands of stocks) 59.64 14.51 17.51 74.2-53.47 75.59 79.8 57.6 71.84 73.42 46. Earnings (Loss) per Share ( ) Notes: The average number of shares over the term does not include treasury stock. 24 22 2 18 16 14 12 1 8 6 4 2 Cash Dividend per Share 3,229 3,253 3,713 4,17 4,5 4,48 4,432 4,874 4,991 4,991 4,731 Interim Dividends ( millions) 6,459 6,966 8,277 8,158 8,949 8,98 9,751 9,748 9,982 9,824 9,463 Cash Dividends Paid ( millions) 14. 15. 18. 18. 2. 2. 22. 22. 22. 22. 22. Cash Dividend per Share( ) [Non-consolidated] 19,313 43,796 44,638 33.4 15.9 18.6 Payout Ratio (%) [Consolidated] 33,848-23,968 33,813 35,352 25,523 32,282 33,27 19,786 24.1 26.5 27.6 38.2 3.6 3. 47.8 Payout Ratio (%)
Stock Information 4, Stock Price and Stock Volume thousands of stocks 8, 3,5 7, 3, 6, 2,5 5, 2, 4, 1,5 3, 1, 2, 5 1, Year 22 23 24 25 26 27 28 29 21 211 212 Individuals and Others Foreign Companies Other Japanese Companies Securities Companies 1 8 6 Stock Breakdown by Percentage of Total Shares Financial Institutions 4 2 61.95 56.9 45.75 39.72 42.53 39.79 38.81 44.44 37.97 36.6 36.13 Financial Institutions (%).69.87 1.17 1.49 1.45 2.9 1.62 1.73 2.62 2.8 2.97 Securities Companies (%) 8.57 8.22 6.25 5.98 6.41 7.19 7.29 6.94 6.72 6.77 6.82 Other Japanese Companies (%) 14.29 18.28 26.82 31.87 31.53 32.15 33.54 27.45 32.45 31.67 28.66 Foreign Companies (%) 14.5 15.73 2.1 2.94 18.8 18.78 18.74 19.44 2.24 23.42 25.42 Individuals and Others (%)
11-Year Summary (Consolidated) Operating Results 932,12 972,135 1,11,343 1,71,93 1,144,96 1,161,567 1,225,973 1,251,921 1,2,834 1,236,52 1,26,832 Operating Revenues ( millions) 861,774 896,23 945,2 998,785 1,43,372 1,64,43 1,129,7 1,167,763 1,11,971 1,143,5 1,163,777 Operating Costs ( millions) 17,156 19,294 19,484 21,914 32,867 3,362 28,786 28,437 28,474 29,2 3,44 Selling, General and Administrative Expenses ( millions) 53,189 56,818 46,658 51,23 68,721 67,161 68,18 55,72 61,388 64,314 66,65 Operating Income ( millions) 54,431 58,492 48,547 53,516 71,194 69,148 7,594 57,821 63,313 65,951 67,92 Ordinary Income ( millions) 683 46,51 44,796 14,829 1,427 714 1,33 966 362 414 123 Extraordinary Income ( millions) 5,211 13,94 6,51 6,64 64,911 3,37 4,32 9,792 3,242 4,529 22,27 Extraordinary Expenses ( millions) 49,94 91,63 87,292 61,74 7,711 66,825 67,595 48,996 6,434 61,835 45,817 Income (Loss) before Income Taxes ( millions) 27,512 48,51 49,783 33,848-23,968 33,813 35,352 25,523 32,282 33,27 19,786 97,981 118,894 163,483 26,876 232,151 199,972 224,226 25,71 266,35 288,48 311,569 Retained Earnings at Beginning of Year ( millions) 118,894 163,483 26,876 232,151 199,972 224,226 25,71 266,35 288,48 311,569 321,862 Retained Earnings at End of Year ( millions) Financial Position 678,939 655,877 652,792 676,155 793,221 829,721 874,219 869,65 878,641 899,363 919,294 Total Assets ( millions) 261,173 248,18 251,26 269,488 45,67 425,12 44,593 435,78 443,199 45,255 464,455 Current Assets ( millions) 155,625 132,56 117,31 12,36 125,511 13,156 147,569 179,753 189,657 29,177 29,179 Cash on Hand and in Bank ( millions) 32,335 318,794 326,995 324,541 277,629 283,142 367,336 358,84 355,192 368,155 375,179 Property, Plant and Equipment ( millions) 168,28 17,594 176,458 188,646 282,125 284,726 279,239 275,772 277,39 264,332 282,343 Current Liabilities ( millions) 144,585 78,527 32,454 28,62 83,781 93,3 118,996 17,574 77,858 11,525 113,167 Long-Term Liabilities ( millions) 1,519 449 164 97 3,624 6,431 1,182 1,443 1,562 8,92 8,787 Minority Interests ( millions) 364,85 46,36 443,715 458,792 423,689 445,262 465,81 475,814 512,91 515,62 514,996 Tangible Net Worth ( millions) Cash Flow 69,723 86,35 41,64 76,642 84,674 8,762 116,895 84,462 77,64 87,899 71,843 Cash Flow from Operations ( millions) -46,467-39,375-4,684-39,99-54,27-6,898-112,39-23,94-34,242-51,678-41,92 Cash Flow from Investments ( millions) -26,947-73,594-16,44-33,911-25,355-15,171 7,31-28,83-28,124-2,152-32,916 Cash Flow from Financial Activities ( millions) 95-93 -81-11 263 46-22 -457 16-467 -182 Effect of Exchange Rate Changes on Cash and Cash Equivalents ( millions) 158,898 155,32 132,393 117,31 12,29 125,53 13,145 142,321 174,52 189,351 28,791 Cash and Cash Equivalents at Beginning of Year ( millions) 155,32 132,393 117,31 12,29 125,53 13,145 142,321 174,52 189,351 28,791 28,393 Cash and Cash Equivalents at End of Year ( millions) Per Share Data 59.64 14.51 17.51 74.2-53.47 75.59 79.8 57.6 71.84 73.42 46. Earnings (Loss) per Share ( ) 79.58 875.8 971.84 1,19.2 951.8 1,5.63 1,5.99 1,73.86 1,13.33 1,173.6 1,197.26 Net Asset Value per Share ( ) 14. 15. 18. 18. 2. 2. 22. 22. 22. 22. 22. Cash Dividend per Share ( ) Other Data 38,624 4,139 45,898 39,85 47,725 47,524 123,591 49,16 35,322 44,274 5,19 Capital Expenditures ( millions) 31,764 31,731 35,662 37,146 35,2 4,149 44,772 42,75 39,877 39,582 38,682 Depreciation ( millions) 95,46 3,838 3,57 15,458 97,894 96,425 112,221 17,427 81,598 11,373 92,779 Interest-Bearing Debt ( millions) 461,443 464,13 456,48 45,119 445,48 442,769 443,23 443,88 453,77 439,335 43,146 Number of Shares Outstanding (thousands of stocks) 18,7 112,948 131,974 141,62 152,787 157,653 169,836 17,662 167,555 171,642 177,31 Number of Employees