Sugimura Warehouse (9307) Earnings: Operating Income Up 1.4% YoY to 308 Million Yen, Net Income Increased by 9.2%

Sentiment Analysis
Sugimura Warehouse (9307) announced its latest financial results, reporting operating income of 308 million yen, a 1.4% increase year-on-year. Operating revenue was 2,745 million yen (a 0.9% increase compared to the same period of the previous year). Furthermore, ordinary income increased by 4.5% to 347 million yen, and net income attributable to owners of the parent grew by 9.2% to 248 million yen, demonstrating steady profit growth. Meanwhile, comprehensive income decreased by 21.3% to 218 million yen.
From a financial and valuation perspective, the company maintains a robust equity ratio of 78.3%, highlighting exceptional financial stability. Retained earnings stand at 12.18 billion yen against interest-bearing debt of 2.33 billion yen, keeping financial risk at a low level. Regarding profitability metrics, the Return on Equity (ROE) is 1.45%, the Return on Assets (ROA) is 1.09%, and EBITDA for the first quarter (calculated as operating profit plus depreciation and amortization, including goodwill) reached 538 million yen. Market participants will continue to monitor how the company leverages its solid financial foundation for future business expansion and capital efficiency improvement.
(Correction, September 20, 2026: interest-bearing debt was restated as the total of borrowings, bonds and related items in the original disclosure, 2027年3月期 第1四半期決算短信〔日本基準〕(連結).)
Correction (September 29, 2026): Corrected the specified amounts, rates or reporting periods against the original company disclosure; the verified changes are recorded in the correction ledger. Source
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