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Revision of earnings forecasts9313Maruhachi Warehouse Company LimitedTransportation and Logistics

Notice Regarding Differences Between the Consolidated Earnings Forecast and Actual Results for the Second Quarter (Interim Period) of the Fiscal Year Ending November 2026, Revisions to the Full-Year Earnings Forecast and Year-End Dividend Forecast

Consolidated interim results exceeded the previous forecasts for both net sales and each profit measure. Interim net income was particularly strong, increasing by ¥65 million (32.9%). The full-year forecasts for net sales and operating income remain unchanged, while ordinary income has been revised upward by ¥10 million and net income by ¥40 million. The year-end dividend forecast has also been raised from ¥26 to ¥28 per share.

Worth reading
70In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
65
¥ million
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending November 2026 · Second quarter (interim period) and full yearPrevious forecast published 9 January 2026
Reason for the revision

In the logistics business, utilization rates at existing warehouses remained stable and high, and pricing for storage, cargo handling and other services was optimized. In the real estate business, the benefits of capital investment contributed over the full year. The Company also recorded extraordinary income from the partial sale of investment securities. As a result, interim results exceeded the forecasts, and the full-year forecasts have been revised upward to reflect those results and the factors behind them.

Previous-period resultsInterim period Net Sales ¥2,454 million / Operating profit ¥277 million / Ordinary income ¥240 million / Interim net income attributable to owners of the parent ¥160 million / Interim net income per share 27.02 yen / Full year Net Sales ¥4,931 million / Operating profit ¥497 million / Ordinary income ¥480 million / Profit attributable to owners of the parent ¥311 million / Net income per share 52.53 yen
Dividend forecast revisionThe year-end dividend forecast has been increased from ¥26.00 to ¥28.00 per share. The total annual dividend has also been increased from ¥26.00 to ¥28.00 per share.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesInterim period ¥2,500 million → ¥2,525 million(+1.0%) / Full year ¥5,100 million → ¥5,100 million(0.0%)
Operating profitInterim period ¥300 million → ¥320 million(+6.7%) / Full year ¥650 million → ¥650 million(0.0%)
Ordinary incomeInterim period ¥300 million → ¥332 million(+10.8%) / Full year ¥650 million → ¥660 million(+1.5%)
Profit attributable to owners of the parentInterim period ¥200 million → ¥265 million(+32.9%) / Full year ¥440 million → ¥480 million(+9.1%)
Net income per shareInterim period 33.78 yen → 44.89 yen / Full year 74.31 yen → 81.06 yen
Fiscal Period CoveredFiscal year ending November 2026
Period CoveredSecond quarter (interim period) and full year
Publication date of previous forecast9 January 2026
Previous-period resultsInterim period Net Sales ¥2,454 million / Operating profit ¥277 million / Ordinary income ¥240 million / Interim net income attributable to owners of the parent ¥160 million / Interim net income per share 27.02 yen / Full year Net Sales ¥4,931 million / Operating profit ¥497 million / Ordinary income ¥480 million / Profit attributable to owners of the parent ¥311 million / Net income per share 52.53 yen
Reason for the revisionIn the logistics business, utilization rates at existing warehouses remained stable and high, and pricing for storage, cargo handling and other services was optimized. In the real estate business, the benefits of capital investment contributed over the full year. The Company also recorded extraordinary income from the partial sale of investment securities. As a result, interim results exceeded the forecasts, and the full-year forecasts have been revised upward to reflect those results and the factors behind them.
Dividend forecast revisionThe year-end dividend forecast has been increased from ¥26.00 to ¥28.00 per share. The total annual dividend has also been increased from ¥26.00 to ¥28.00 per share.
Consolidated / non-consolidatedConsolidated
Items this document does not state (1)
Details and amount of extraordinary loss

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.

In the logistics business, utilization rates at existing warehouses remained stable and high, while pricing for storage, cargo handling and other services was optimized. In the real estate business, the benefits of capital investment contributed over the full year, and the Company also recorded extraordinary income from the partial sale of investment securities.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Differences Between the Consolidated Earnings Forecast and Actual Results for the Second Quarter (Interim Period) of the Fiscal Year Ending November 2026, Revisions to the Full-Year Earnings Forecast and Year-End Dividend Forecast | Maruhachi Warehouse Company Limited (9313) timely disclosure | Komori