SG Holdings Co (9143) AI Stock Analysis

• Market Cap: $1.02T
• Dividend Yield: 3.21%
• Average Volume (3M): 1.80M
• Price to Earnings (P/E): 18.0
• Beta (1Y): 0.19
• Revenue Growth: 13.44%
• EPS Growth: -4.41%
• Country: JP
• Employees: 52,309
• Sector: Industrials
• Sector Strength: 72
• Industry: Integrated Freight & Logistics
• EPS (TTM): 16.69
• Shares Outstanding: 640,394,400
• 10 Day Avg. Volume: 1,249,860
• 30 Day Avg. Volume: 1,801,963
• PEG Ratio: -249.49
• Price to Book (P/B): 1.61
• Price to Sales (P/S): 0.63
• P/FCF Ratio: 13.40
• Enterprise Value/Market Cap: 1.22
• Enterprise Value/Revenue: 0.87
• Enterprise Value/Gross Profit: 7.57
• Enterprise Value/Ebitda: 9.15
• 1Y Price Target: $1,689.46
• Price Target Upside: 4.90% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 3

• Rating: 69 Neutral
• Price Target: ¥1,771.00 ▲(9.97% Upside)

SG Holdings Co's overall stock score is driven by its strong financial performance and reasonable valuation. The company's robust cash flow and solid balance sheet underpin its strategic growth objectives. Technical analysis presents mixed signals, with short-term weakness but longer-term support. The absence of earnings call data and corporate events does not impact the score.

SG Holdings Co Business Overview & Revenue Model

Company Description

SG Holdings Co.,Ltd., through its subsidiaries, engages in the delivery, logistics, and real estate businesses in Japan and internationally. It offers domestic or international delivery services; logistics solutions, including warehouse storage, needle and product inspection, and logistics processing to sea, air, and land transport; and international transport, customs clearance, and regional transport and delivery services. The company also operates, manages, and leases real estate facilities; and engages in renewable energy business. In addition, it develops, operates, and maintains in IT systems; operates temporary staffing business; and operates casualty insurance agency for transport operations and truck fuel sales. The company was founded in 1957 and is headquartered in Kyoto, Japan.

How the Company Makes Money

SG Holdings Co. generates revenue primarily through its Delivery and Logistics segments. The Delivery segment, which includes Sagawa Express, is the largest revenue contributor, providing parcel and freight transportation services to businesses and individuals. The Logistics segment offers supply chain management, warehousing, and distribution solutions, catering to various industries' needs for efficient and reliable logistics operations. Additionally, SG Holdings earns income from its Real Estate segment by managing and leasing properties that support its logistics infrastructure. The company also benefits from strategic partnerships and collaborations with other businesses to expand its service offerings and enhance its market presence.

SG Holdings Co Financial Statement Overview

Summary

SG Holdings Co's financial performance is commendable across income, balance sheet, and cash flow metrics. The company demonstrates solid growth and profitability, with a robust balance sheet supporting its strategic objectives. While some profitability metrics have shown slight declines, the overall financial health remains strong, positioning the company well within the Integrated Freight & Logistics industry.

Income Statement

SG Holdings Co has demonstrated a stable growth trajectory with a consistent increase in revenue, achieving a notable revenue growth rate of 12.32% in 2025. The company maintains healthy profitability metrics, including a gross profit margin of 10.85% and a net profit margin of 3.93% for 2025. Despite a slight decline in EBIT margin to 5.94% and EBITDA margin to 9.10% compared to previous years, the company's ability to sustain growth amidst challenging market conditions reflects strong operational efficiency.

Balance Sheet

The company's balance sheet shows a strong equity position with a debt-to-equity ratio of 0.35, indicating a conservative leverage strategy. The equity ratio of 55.74% highlights a solid equity base relative to total assets. While return on equity (ROE) at 10.02% is lower than in previous years, it remains competitive within the industry. The overall stability of the balance sheet is reinforced by an increase in stockholders' equity and a manageable level of total debt.

Cash Flow

SG Holdings Co's cash flow performance is robust, with a significant increase in free cash flow to JPY 69,830 million, reflecting a growth rate of 94.74% from the previous year. The operating cash flow to net income ratio is strong at 2.04, indicating efficient conversion of earnings into cash flow. Additionally, the free cash flow to net income ratio of 1.20 signifies effective cash management and supports future growth initiatives.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.44T	1.48T	1.43T	1.32T	1.59T	1.31T
Gross Profit	164.53B	160.43B	197.04B	153.99B	212.09B	148.89B
EBITDA	136.16B	134.58B	221.86B	126.88B	192.95B	139.43B
Net Income	61.33B	58.12B	126.51B	58.28B	106.73B	74.34B
Balance Sheet
Total Assets	1.08T	1.04T	904.96B	897.05B	921.79B	790.26B
Cash, Cash Equivalents and Short-Term Investments	131.29B	116.86B	178.25B	147.27B	87.40B	69.17B
Total Debt	213.40B	205.37B	97.24B	84.80B	135.29B	123.77B
Total Liabilities	496.08B	456.02B	337.55B	306.79B	409.89B	385.41B
Stockholders Equity	576.84B	580.15B	553.86B	577.51B	496.34B	398.34B
Cash Flow
Free Cash Flow	0.00	69.83B	133.99B	35.85B	22.36B	56.32B
Operating Cash Flow	0.00	118.60B	165.38B	77.63B	81.82B	121.29B
Investing Cash Flow	0.00	-164.73B	28.03B	-41.36B	-45.27B	504.00M
Financing Cash Flow	0.00	13.99B	-105.47B	-70.31B	-25.37B	-121.93B

SG Holdings Co Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1610.50
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9143, the sentiment is Neutral. The current price of 1610.5 is below the 20-day moving average (MA) of 1621.68, below the 50-day MA of 1641.97, and above the 200-day MA of 1531.86, indicating a neutral trend. The MACD of -10.38 indicates Positive momentum. The RSI at 44.73 is Neutral, neither overbought nor oversold. The STOCH value of 45.31 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:9143.

SG Holdings Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9301	78 Outperform	445.59B	11.65	10.19%	2.67%	11.50%	13.32%
9065	72 Outperform	400.39B	13.84	10.49%	2.35%	8.55%	36.36%
9143	69 Neutral	$1.02T	18.03	10.55%	3.21%	13.44%	-4.41%
9147	67 Neutral	884.94B	30.26	3.72%	2.94%	10.30%	27.58%
9364	63 Neutral	427.51B	17.04	7.03%	2.85%	6.04%	11.68%
9072	63 Neutral	421.84B	28.10	6.85%	0.79%	12.74%	-9.89%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

SG Holdings Co Corporate Events

SG Holdings Transfers Equity in Runbow to Focus on Growth

SG Holdings Co., Ltd. announced the transfer of its equity interest in Shanghai Runbow Logistics & Technology Co., Ltd., a second-tier subsidiary, to Shanghai Globot Intelligent Technology Co., Ltd. This decision aligns with SG Holdings’ strategic vision to improve capital efficiency and focus resources on areas with higher growth potential, following the acquisition of Morrison Express Worldwide Corporation. The transfer is expected to enhance the company’s overall corporate value by reallocating resources to more synergistic and profitable ventures.

The most recent analyst rating on (JP:9143) stock is a Hold with a Yen1520.00 price target. To see the full list of analyst forecasts on SG Holdings Co stock, see the JP:9143 Stock Forecast page.

SG Holdings Revises Earnings Forecast for FY 2026

SG Holdings Co., Ltd. has revised its earnings forecast for the fiscal year ending March 31, 2026, due to the early consolidation of Morrison Express Worldwide Corporation and the transfer of equity interests in Shanghai Runbow Logistics & Technology Co., Ltd. The revisions reflect an upward adjustment in operating revenue and income, driven by the early inclusion of Morrison’s performance and better-than-expected results in the domestic logistics sector. Despite an extraordinary loss from the RUNBOW equity transfer, net income projections remain unchanged, balancing increased operating income and foreign exchange gains.

The most recent analyst rating on (JP:9143) stock is a Hold with a Yen1520.00 price target. To see the full list of analyst forecasts on SG Holdings Co stock, see the JP:9143 Stock Forecast page.

SG Holdings Co. Reports Increased Revenue but Declining Profitability in Q2 2025

SG Holdings Co. reported a 9.8% increase in operating revenues for the three months ended June 30, 2025, despite a decline in operating and ordinary income. The company’s net income attributable to owners of the parent decreased by 18.2%, reflecting challenges in maintaining profitability. The financial results indicate a cautious outlook for stakeholders, with revisions to earnings forecasts and a slight increase in the forecasted annual dividend per share.

The most recent analyst rating on (JP:9143) stock is a Hold with a Yen1520.00 price target. To see the full list of analyst forecasts on SG Holdings Co stock, see the JP:9143 Stock Forecast page.

SG Holdings Reports Mixed Financial Results for Q1 2025

SG Holdings Co., Ltd. reported its consolidated financial results for the three months ending June 30, 2025, showing a 9.8% increase in operating revenues compared to the previous year. However, there was a decline in operating income, ordinary income, and net income attributable to owners of the parent, with decreases of 10.5%, 8.2%, and 18.2% respectively. The company also revised its earnings forecasts for the fiscal year ending March 31, 2026, indicating a cautious outlook with expected growth in operating revenues but a decrease in net income. This financial performance may impact SG Holdings’ market positioning and stakeholder confidence.

The most recent analyst rating on (JP:9143) stock is a Hold with a Yen1520.00 price target. To see the full list of analyst forecasts on SG Holdings Co stock, see the JP:9143 Stock Forecast page.

SG Holdings Announces Treasury Share Acquisition

SG Holdings Co., Ltd. has announced the acquisition of 2,896,500 of its common stock shares, valued at JPY 4,668,027,500, during July 2025 as part of a broader plan approved by its Board of Directors. This move is part of a larger strategy to acquire up to 55 million shares, potentially impacting the company’s share value and market positioning.

The most recent analyst rating on (JP:9143) stock is a Hold with a Yen1520.00 price target. To see the full list of analyst forecasts on SG Holdings Co stock, see the JP:9143 Stock Forecast page.

SG Holdings Completes Treasury Share Disposal to Support Disaster Prevention

SG Holdings Co., Ltd. has completed the payment procedures for the disposal of 20 million treasury shares at 1 yen per share, raising 20 million yen. This move, approved at the company’s 19th Ordinary General Meeting of Shareholders, aims to support the SGH Disaster Prevention Support Foundation, highlighting the company’s commitment to social responsibility and disaster prevention efforts.

The most recent analyst rating on (JP:9143) stock is a Hold with a Yen1520.00 price target. To see the full list of analyst forecasts on SG Holdings Co stock, see the JP:9143 Stock Forecast page.