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Sumitomo Warehouse, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 9%, Oct-Dec Ordinary Profit Decreases by 12%
9303 The Sumitomo Warehouse Co.,Ltd. 【J-GAAP】
Earnings ReportThe Sumitomo Warehouse Co.,Ltd. <9303> [TSE Prime] announced its financial results in the afternoon session on February 3rd (13:20). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 9.4% from the same period last year to 12.8 billion yen. However, Progress toward the full-year plan of 16.3 billion yen was 79.0%, almost the same as the five-year average of 79.5%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to grow 4.1% from the same period last year, reaching 3.42 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 5.22 billion yen, a 12.0% decrease compared to the same period last year. The operating profit margin worsened from 7.7% in the same period last year to 6.3%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 140,734 | 10,283 | 14,031 | 9,216 | 116.4 | 83.1 | Feb 7, 2024 | J-GAAP |
| Apr - Dec, 2024 | 143,753 | 10,124 | 14,206 | 9,275 | 118.7 | 81.2 | Feb 5, 2025 | J-GAAP |
| Apr - Dec, 2025 | 146,780 | 8,565 | 12,874 | 10,447 | 136.3 | 79.0 | Feb 3, 2026 | J-GAAP |
| YoY | +2.1% | -15.4% | -9.4% | +12.6% | +14.9% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 98,112 | 6,907 | 9,221 | 14,908 | 191.2 | 52.50 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 100,310 | 6,576 | 8,646 | 10,500 | 137.8 | 51.50 | Nov 6, 2025 | J-GAAP |
| YoY | +2.2% | -4.8% | -6.2% | -29.6% | -27.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 184,661 | 13,187 | 16,880 | 12,490 | 158.0 | 101 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 193,398 | 13,275 | 17,497 | 20,065 | 257.3 | 103 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 197,000 | 12,000 | 16,300 | 17,400 | 228.4 | 103 | May 9, 2025 | J-GAAP |
| YoY | +1.9% | -9.6% | -6.8% | -13.3% | -11.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 48,467 | 3,756 | 5,930 | 4,118 | 52.7 | 7.7 | Feb 5, 2025 | J-GAAP |
| Jan - Mar, 2025 | 49,645 | 3,151 | 3,291 | 10,790 | 138.4 | 6.3 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 47,875 | 2,739 | 4,756 | 3,155 | 40.9 | 5.7 | Aug 5, 2025 | J-GAAP |
| Jul - Sep, 2025 | 48,815 | 2,685 | 2,898 | 3,745 | 48.7 | 5.5 | Nov 6, 2025 | J-GAAP |
| Oct - Dec, 2025 | 50,090 | 3,141 | 5,220 | 3,547 | 46.3 | 6.3 | Feb 3, 2026 | J-GAAP |
| YoY | +3.3% | -16.4% | -12.0% | -13.9% | -12.1% |
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