Maruhachi Warehouse Company, Limited Revises Earnings & Dividend — Net Profit Up 9.1%
Maruhachi Warehouse Company, Limited (TSE:9313) raised its full-year earnings and dividend guidance for the fiscal year ending November 2026, citing stronger-than-expected operational performance and special gains from asset sales.
| Item | Before | After | Change | Change % |
|---|---|---|---|---|
| Revenue | 5,100M | 5,100M | 0 | 0.0% |
| Operating Profit | 650M | 650M | 0 | 0.0% |
| Ordinary Income | 650M | 660M | +10M | +1.5% |
| Net Profit | 440M | 480M | +40M | +9.1% |
| EPS | JPY 74.31/share | JPY 81.06/share | +JPY 6.75/share | +9.1% |
| Year-end Dividend | JPY 26.00/share | JPY 28.00/share | +JPY 2.00/share | +7.7% |
| Annual Dividend | JPY 26.00/share | JPY 28.00/share | +JPY 2.00/share | +7.7% |
The warehouse operator attributed the revision to stable, high-capacity utilization rates across its logistics segment, coupled with successful rate optimization in storage and handling fees. The real estate business segment also contributed stronger earnings through capital investment returns realized over the full year. Additionally, the company recognized special gains from partial divestment of investment securities. Second-quarter results exceeded prior forecasts, prompting management to raise full-year expectations.
The revision reflects improved profitability across core operations and demonstrates management confidence in sustained revenue momentum. The year-end dividend increase to JPY 28.00/share aligns with the company’s stated dividend payout target of 30% or higher, signaling enhanced shareholder returns. Investors should note that ordinary income (keijo rieki)—a Japan-specific metric encompassing operating profit plus non-operating items—rose 1.5%, while net profit expanded 9.1%, indicating favorable non-operating performance from the securities sale.
Source: Original filing (TDnet) | 日本語版
This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.