Sumitomo Warehouse Posts Lower FY2026 Profit but Keeps Dividend Steady

Sumitomo Warehouse Co., Ltd. ( (JP:9303) ) has provided an update.

Sumitomo Warehouse reported a modest 1.5% increase in operating revenue to ¥196.2 billion for the fiscal year ended March 31, 2026, but saw double-digit declines in profitability, with operating profit down 14.0% and profit attributable to owners of parent falling 11.9% to ¥17.7 billion. Despite weaker earnings and lower earnings per share, the company’s financial position strengthened, as total assets rose to ¥513.1 billion and the equity ratio improved to 61.2%, supported by significantly higher comprehensive income.

The company maintained its annual dividend at ¥103 per share, though the payout ratio climbed to 44.6%, indicating a stronger return of profits to shareholders even as net income declined. For the year ending March 31, 2027, management forecasts further revenue growth and a modest recovery in operating and ordinary profit, but expects a slight drop in profit attributable to owners of parent, signaling cautious optimism amid cost pressures and a focus on maintaining shareholder returns.

The most recent analyst rating on (JP:9303) stock is a Sell with a Yen3000.00 price target. To see the full list of analyst forecasts on Sumitomo Warehouse Co., Ltd. stock, see the JP:9303 Stock Forecast page.

More about Sumitomo Warehouse Co., Ltd.

Sumitomo Warehouse Co., Ltd. is a Japan-based logistics and warehousing company listed on the Tokyo Stock Exchange, operating in storage, transportation and related services. The group focuses on integrated logistics solutions in domestic and international markets, leveraging assets such as warehouses and distribution networks to support industrial and commercial supply chains.

Average Trading Volume: 127,582

Technical Sentiment Signal: Buy

Current Market Cap: Yen282B

See more data about 9303 stock on TipRanks’ Stock Analysis page.