Worth reading
61In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
180.9
% (year-on-year change in operating profit)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 January 2026–30 June 2026ConsolidatedJapanese GAAPNet Sales294,258¥ millionYear on year +28.8%Progress 50.7%
Operating profit17,948¥ millionYear on year +180.9%Progress 67.7%
Ordinary income17,955¥ millionYear on year +182.1%Progress 69.1%
Net income attributable to owners of the parent10,898¥ millionYear on year +294.8%Progress 75.2%
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share¥274.39
Financial position at period-end
Total assets357,321¥ million
of which net assets 135,133 ¥ millionEquity ratio 29.3%vs. prior year-end +1.4pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Segment revenueLogistics ¥269,087 million (YoY +21.7%), Real Estate Business ¥19,094 million (YoY +698.9%), Other Businesses ¥6,076 million (YoY +21.4%)
Segment profitLogistics ¥8,334 million (YoY +71.6%), Real Estate Business ¥9,084 million (YoY +513.5%), Other Businesses ¥463 million (YoY +77.8%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥580,000 million (YoY +18.3%)
Operating profit¥26,500 million (YoY +24.4%)
Ordinary income¥26,000 million (YoY +23.0%)
Net income¥14,500 million (YoY +23.1%)
Revision to Earnings ForecastNet Sales ¥560,000 million → ¥580,000 million（+3.5%） / Operating profit ¥24,000 million → ¥26,500 million（+10.4%） / Ordinary income ¥24,000 million → ¥26,000 million（+8.3%） / Net income ¥13,500 million → ¥14,500 million（+7.4%）
Annual Dividend Forecast¥90 → ¥120
Factors Behind Changes in Business Performance
Progress in various initiatives set out in "Harmonized Growth 2030," the contribution from the new consolidation of companies that recently joined the group, and the larger scale of logistics real estate securitization compared with the results for the previous interim period, among other factors.
Disclosure regarding the going concern assumption
No applicable matters ("There are no applicable matters")
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew Number of companies 1 / Company name ＳＢＳリアルエステート株式会社 / Excluded Number of companies 0 / Company name Not disclosed
Impairment loss¥262 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥73 million, Gain on sale of investment securities ¥39 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥61 million, Impairment Losses ¥262 million, Other ¥14 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and analysts
Issued Shares at Period-End39,718,200 Shares
Treasury Shares at Period-End833 Shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–30 June 2026 |
| Net Sales | ¥294,258 million (YoY +28.8%) |
| Operating profit | ¥17,948 million (YoY +180.9%) |
| Ordinary income | ¥17,955 million (YoY +182.1%) |
| Profit attributable to owners of the parent | ¥10,898 million (YoY +294.8%) |
| Net income per share | ¥274.39 |
| Equity ratio | End of the current fiscal period 29.3 / End of previous period 27.9 |
| Total assets | ¥357,321 million |
| Net assets | ¥135,133 million |
| Full-year earnings forecast | Net Sales ¥580,000 million (YoY +18.3%) / Operating profit ¥26,500 million (YoY +24.4%) / Ordinary income ¥26,000 million (YoY +23.0%) / Net income ¥14,500 million (YoY +23.1%) |
| Revision to Earnings Forecast | Net Sales ¥560,000 million → ¥580,000 million（+3.5%） / Operating profit ¥24,000 million → ¥26,500 million（+10.4%） / Ordinary income ¥24,000 million → ¥26,000 million（+8.3%） / Net income ¥13,500 million → ¥14,500 million（+7.4%） |
| Annual Dividend Forecast | ¥90 → ¥120 |
| Segment revenue | Logistics ¥269,087 million (YoY +21.7%), Real Estate Business ¥19,094 million (YoY +698.9%), Other Businesses ¥6,076 million (YoY +21.4%) |
| Segment profit | Logistics ¥8,334 million (YoY +71.6%), Real Estate Business ¥9,084 million (YoY +513.5%), Other Businesses ¥463 million (YoY +77.8%) |
| Impairment loss | ¥262 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥73 million, Gain on sale of investment securities ¥39 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥61 million, Impairment Losses ¥262 million, Other ¥14 million |
| Disclosure regarding the going concern assumption | No applicable matters ("There are no applicable matters") |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New Number of companies 1 / Company name ＳＢＳリアルエステート株式会社 / Excluded Number of companies 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and analysts |
| Issued Shares at Period-End | 39,718,200 Shares |
| Treasury Shares at Period-End | 833 Shares |
| Factors Behind Changes in Business Performance | Progress in various initiatives set out in "Harmonized Growth 2030," the contribution from the new consolidation of companies that recently joined the group, and the larger scale of logistics real estate securitization compared with the results for the previous interim period, among other factors. |
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogDepreciation and amortizationMaterial subsequent events
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The company cited progress in various initiatives set out in "Harmonized Growth 2030," the contribution from the new consolidation of companies that recently joined the group, and the larger scale of logistics real estate securitization compared with the previous interim period. The revision to the full-year forecast reflects the acquisition of new customers, solid logistics volumes from existing customers, appropriate pricing, and progress in improving the profitability of unprofitable locations.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.