The Sumitomo Warehouse (9303) investor relations material

Executive summary

• Operating revenue rose 1.5% year-over-year to ¥196,244 million, driven by increases in warehouse and harbor transportation income.

• Operating profit declined 14.0% year-over-year to ¥11,413 million due to higher personnel costs, cost of sales, and real estate acquisition taxes.

• Profit attributable to owners of parent decreased 11.9% year-over-year to ¥17,668 million, despite gains from investment securities sales and compensation income.

• Comprehensive income surged 191.2% year-over-year to ¥62,852 million, mainly from valuation gains on available-for-sale securities.

Financial highlights

• Operating revenue: ¥196,244 million (+1.5% YoY); Operating profit: ¥11,413 million (–14.0% YoY); Ordinary profit: ¥15,808 million (–9.7% YoY).

• Profit attributable to owners of parent: ¥17,668 million (–11.9% YoY); Basic EPS: ¥230.86.

• Total assets: ¥513,098 million (+16.7% YoY); Net assets: ¥325,072 million (+18.6% YoY).

• Cash and cash equivalents at year-end: ¥39,070 million.

Outlook and guidance

• FY2027 forecast: Operating revenue ¥200,000 million (+1.9% YoY), operating profit ¥12,200 million (+6.9% YoY), ordinary profit ¥16,100 million (+1.8% YoY), profit attributable to owners of parent ¥17,200 million (–2.6% YoY).

• Dividend forecast for FY2027: ¥103 per share, with planned treasury share purchases up to ¥7,000 million.