Mitsubishi Logisnext Co., Ltd. (7105) Stock Price

Mitsubishi Logisnext is primarily engaged in the manufacturing, sales, and maintenance services of logistics equipment, centered on forklifts. The company operates through 60 subsidiaries (56 of which are consolidated subsidiaries) and 9 affiliated companies (6 of which are accounted for using the equity method). This structure enables the company to leverage a global network and meet diverse customer needs.

The company's parent company is Mitsubishi Heavy Industries, Ltd. In addition to manufacturing logistics equipment, Mitsubishi Logisnext focuses on providing maintenance parts and after-sales services. Through these offerings, the company enhances customers' logistics efficiency and builds long-term business relationships.

Mitsubishi Logisnext formulated its medium-term management plan "Logisnext Transform 2026" in March 2024. This plan was built using a backcasting approach from its long-term management vision toward 2035, aiming for growth.

The company's growth strategy is based on three core strategies. First, it will drive growth in the industrial vehicle sector by accelerating the introduction of new products for a decarbonized society and expansion into new markets. Second, it will pursue a breakthrough in its logistics solutions business by advancing automation and autonomous product offerings.

Additionally, the company will continue improving its corporate structure and undertake business restructuring. It will enhance fixed and variable costs, build a global management framework, and promote management that prioritizes employee engagement. This will enable efficient business operations.

Mitsubishi Logisnext has set financial targets for fiscal year 2026 of 700 billion yen in revenue, 56 billion yen in operating profit, an 8.0% operating profit margin, a shareholders' equity ratio of 30% or above, and ROE of 20% or above. Through these targets, the company aims for sustainable growth.

The company will address decarbonization and labor shortage challenges through electrification of logistics equipment and the introduction of automation and autonomous products. This will contribute to realizing a sustainable society.

Mitsubishi Logisnext's purpose is to "realize safe, automated, and decarbonized logistics through pioneer spirit and the power of technology, bringing smiles to people around the world." The company conducts its business activities based on this mission.