The Sumitomo Warehouse (9303) Q4 2025 earnings summary

Executive summary

• Operating revenue rose 4.7% year-over-year to ¥193,398 million, driven by growth in all logistics segments despite higher personnel costs and limited real estate revenue.

• Operating profit increased 0.7% to ¥13,275 million, while ordinary profit grew 3.7% to ¥17,497 million, supported by higher dividend income.

• Profit attributable to owners of parent surged 60.6% to ¥20,065 million, mainly due to extraordinary income from compensation for property relocation.

Financial highlights

• Net income: ¥20,065 million, up 60.6% year-over-year.

• Operating revenue: ¥193,398 million, up 4.7% year-over-year.

• Operating profit: ¥13,275 million, up 0.7% year-over-year.

• Ordinary profit: ¥17,497 million, up 3.7% year-over-year.

• Basic earnings per share: ¥257.32, up from ¥158.00.

Outlook and guidance

• Fiscal year ending March 31, 2026 forecast: operating revenue ¥197,000 million (+1.9%), operating profit ¥12,000 million (–9.6%), ordinary profit ¥16,300 million (–6.8%), profit attributable to owners of parent ¥17,400 million (–13.3%).

• Real estate segment revenue expected to rise 19.7% next year, while logistics revenue growth moderates.

• Dividend forecast maintained at ¥103 per share.