SG Holdings Co. Reports Mixed Q2 2025 Results

SG Holdings Co ( (SGHHF) ) has released its Q1 earnings. Here is a breakdown of the information SG Holdings Co presented to its investors.

SG Holdings Co., Ltd., a prominent player in the logistics industry, operates across various segments including delivery, logistics, global logistics, and real estate. The company recently released its earnings report for the three months ending June 30, 2025, showcasing a mixed financial performance amidst a challenging business environment.

For the reported period, SG Holdings experienced a 9.8% increase in operating revenues, reaching 367,404 million yen. However, the company faced declines in operating income, ordinary income, and net income attributable to owners of the parent, which fell by 10.5%, 8.2%, and 18.2% respectively. The delivery business saw a slight increase in revenues but a significant drop in operating income, while the logistics business benefited from the consolidation of Meito Transportation Co., Ltd., resulting in substantial revenue and income growth. The global logistics segment maintained stability despite currency fluctuations, and the real estate business remained steady.

The company’s financial position was impacted by the acquisition of Morrison Express Worldwide Corporation, leading to an increase in total assets and liabilities. Notably, the acquisition contributed to a significant rise in goodwill and short-term bank loans. Despite these challenges, SG Holdings continues to focus on strategic expansions and efficiency improvements across its business segments.

Looking ahead, SG Holdings remains cautiously optimistic, with management emphasizing the importance of adapting to the evolving logistics landscape. The company aims to expand its domestic and global logistics infrastructure while pursuing sustainable management practices as outlined in its medium-term management plan, SGH Story 2027.