2019_2q_anahd_e
22/23 - International Cargo Operations



【ノート】
◎This is the status of our International Cargo Operations. ◎Please see the figures on the left, which show an analysis of the factors for the 9.3 billion yen increase in first half revenues. ◎Weight factors resulted in decreased revenues of 2.0 billion yen due to the implementation of sales strategies focused on unit price, such as prioritizing capturing import and export cargo to/from Japan. ◎Unit price factors resulted in increased revenues of 11.5 billion yen. Due to firm demand trends, we focused on increasing the share of import and export cargo, which has a relatively higher unit price, and we implemented price raise. ◎The graph on the right shows transitions in total demand for import/export cargo and our Group results. The light blue plotted line shows year-on-year comparisons in unit price. Since the first quarter of fiscal 2017, unit price has increased by approximately 20 percent for six consecutive quarters. During the first half of this fiscal year, unit price grew by 21.1 percent year on year. ◎Please see page 31.