SG Holdings Co (9143) AI Stock Analysis

• Market Cap: ¥931.28B
• Dividend Yield: 3.54%
• Average Volume (3M): 1.56M
• Price to Earnings (P/E): 16.2
• Beta (1Y): 0.15
• Revenue Growth: 12.46%
• EPS Growth: -3.12%
• Country: JP
• Employees: 52,309
• Sector: Industrials
• Sector Strength: 72
• Industry: Integrated Freight & Logistics
• EPS (TTM): N/A
• Shares Outstanding: 640,394,400
• 10 Day Avg. Volume: 2,067,800
• 30 Day Avg. Volume: 1,559,733
• 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: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: ¥1,720.00 ▲(17.33% Upside)

SG Holdings Co's overall stock score is driven primarily by its strong financial performance, which is supported by solid growth and profitability metrics. The valuation is favorable with a reasonable P/E ratio and attractive dividend yield. However, technical analysis indicates bearish momentum, which slightly offsets the positive financial and valuation aspects.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective business strategies, which can drive long-term expansion and competitiveness.

Cash Flow Performance

Strong cash flow growth enhances financial flexibility, enabling the company to invest in growth opportunities and sustain operations during economic fluctuations.

Balance Sheet Strength

A solid balance sheet with low leverage provides stability and resilience, allowing the company to weather economic downturns and invest in strategic initiatives.

Negative Factors

Profitability Decline

Declining profitability margins may indicate rising costs or competitive pressures, potentially impacting future earnings and requiring strategic adjustments.

Earnings Per Share Decline

A decline in EPS growth suggests challenges in maintaining profitability, which could affect investor confidence and limit capital for reinvestment.

Return on Equity

A lower ROE indicates reduced efficiency in generating profits from shareholders' equity, which may necessitate operational improvements to enhance returns.

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 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.51T	1.48T	1.32T	1.43T	1.59T	1.31T
Gross Profit	161.03B	160.43B	153.99B	197.04B	212.09B	148.89B
EBITDA	105.04B	134.58B	126.88B	221.86B	192.95B	139.43B
Net Income	55.87B	58.12B	58.28B	126.51B	106.73B	74.34B
Balance Sheet
Total Assets	1.15T	1.04T	897.05B	904.96B	921.79B	790.26B
Cash, Cash Equivalents and Short-Term Investments	98.86B	116.86B	147.27B	178.25B	87.40B	69.17B
Total Debt	364.11B	205.37B	84.80B	97.24B	135.29B	123.77B
Total Liabilities	627.30B	456.02B	306.79B	337.55B	409.89B	385.41B
Stockholders Equity	522.11B	580.15B	577.51B	553.86B	496.34B	398.34B
Cash Flow
Free Cash Flow	0.00	69.83B	35.85B	133.99B	22.36B	56.32B
Operating Cash Flow	0.00	118.60B	77.63B	165.38B	81.82B	121.29B
Investing Cash Flow	0.00	-164.73B	-41.36B	28.03B	-45.27B	504.00M
Financing Cash Flow	0.00	13.99B	-70.31B	-105.47B	-25.37B	-121.93B

SG Holdings Co Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1466.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• 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 1466 is above the 20-day moving average (MA) of 1453.03, below the 50-day MA of 1479.73, and below the 200-day MA of 1518.04, indicating a neutral trend. The MACD of -6.84 indicates Negative momentum. The RSI at 50.46 is Neutral, neither overbought nor oversold. The STOCH value of 74.77 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	77 Outperform	¥471.63B	9.40	12.56%	2.81%	8.22%	48.07%
9364	75 Outperform	¥489.98B	18.59	7.13%	3.35%	6.71%	15.51%
9065	74 Outperform	¥429.46B	14.85	10.92%	2.55%	6.45%	24.72%
9072	73 Outperform	¥434.12B	24.72	7.15%	1.86%	10.70%	17.58%
9143	68 Neutral	¥931.28B	16.18	9.97%	3.54%	12.46%	-3.12%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
9147	60 Neutral	¥836.56B	35.59	―	2.99%	4.96%	1.67%

SG Holdings Co Corporate Events

SG Holdings Co. Completes Significant Treasury Share Acquisition

SG Holdings Co., Ltd. announced the acquisition of 2,528,300 treasury shares valued at JPY 3,819,219,100 as part of a larger plan approved in May 2025 to acquire up to 55,000,000 shares. This strategic move is aimed at optimizing the company’s capital structure and enhancing shareholder value, reflecting a significant commitment to financial management and market positioning.

The most recent analyst rating on (JP:9143) stock is a Hold with a Yen1720.00 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. announced the acquisition of 3,185,500 shares of its common stock, valued at JPY 4,666,507,950, through market purchases on the Tokyo Stock Exchange during October 2025. This move is part of a broader strategy approved by the Board of Directors to acquire up to 55,000,000 shares, with a total value of up to JPY 75 billion, aimed at enhancing shareholder value and optimizing capital structure.

The most recent analyst rating on (JP:9143) stock is a Hold with a Yen1720.00 price target. To see the full list of analyst forecasts on SG Holdings Co stock, see the JP:9143 Stock Forecast page.

SG Holdings Expands Logistics Network with Strategic Acquisition

SG Holdings Co., Ltd. announced that its subsidiary, SD Transline Co., Ltd., has acquired D-Line Co., Ltd. and its six group companies, making them second-tier subsidiaries. This acquisition aims to strengthen SG Holdings’ service infrastructure and ensure business continuity by stabilizing its transportation and delivery networks, particularly in collaboration with major partners like Sagawa Express Co., Ltd. The acquisition underscores SG Holdings’ commitment to maintaining its role as a key player in social infrastructure by enhancing partnerships and operational efficiency.

The most recent analyst rating on (JP:9143) stock is a Hold with a Yen1720.00 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 Interim Dividend Consistent with Shareholder Return Policy

SG Holdings Co., Ltd. announced an interim dividend of 26 yen per share, consistent with previous forecasts and results, with a total payout of 15,827 million yen. This decision aligns with their shareholder return policy under the ‘SGH Story 2027’ plan, which emphasizes stable dividends and a cumulative shareholder return ratio of 60% or more over three years.

The most recent analyst rating on (JP:9143) stock is a Hold with a Yen1720.00 price target. To see the full list of analyst forecasts on SG Holdings Co stock, see the JP:9143 Stock Forecast page.

SG Holdings Adjusts Earnings Forecast Amid Mixed Business Performance

SG Holdings Co., Ltd. has revised its earnings forecast for the fiscal year ending March 31, 2026, with a slight decrease in operating revenue but an increase in net income attributable to owners. The revisions reflect changes in various business segments, including a downward adjustment in the Global Logistics Business due to lower freight rates and volumes, while the Delivery and Logistics Businesses saw upward revisions due to improved productivity and increased package volumes.

The most recent analyst rating on (JP:9143) stock is a Hold with a Yen1720.00 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., Ltd. Reports Mixed Q2 Results Amid Global Logistics Challenges

SG Holdings Co., Ltd. reported mixed financial results for FY2026/3 Q2, with operating revenue slightly below expectations but operating income exceeding forecasts due to strong performance in transportation management services. The express package delivery segment showed growth, while logistics income increased due to productivity and pricing improvements. However, global logistics faced challenges from declining freight rates and demand, impacting air and ocean cargo markets.

The most recent analyst rating on (JP:9143) stock is a Hold with a Yen1720.00 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 Revenue Growth Amid Profit Decline

SG Holdings Co., Ltd. reported its consolidated financial results for the six months ended September 30, 2025, showing a 10.5% increase in operating revenues to 782,582 million yen. Despite the revenue growth, the company experienced a decline in operating and ordinary income by 1.5% and 1.6% respectively, and a notable 8.8% decrease in net income attributable to owners of the parent. The equity ratio also dropped from 55.8% to 45.0%, indicating a change in financial stability. The company has revised its earnings forecasts for the fiscal year ending March 31, 2026, projecting a 10.5% increase in operating revenues and a slight decline in net income by 1.5%, reflecting ongoing challenges in maintaining profitability.

The most recent analyst rating on (JP:9143) stock is a Hold with a Yen1720.00 price target. To see the full list of analyst forecasts on SG Holdings Co stock, see the JP:9143 Stock Forecast page.