New Risk • Jun 02
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.7b (US$98.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Board Change • May 17
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Outside Director Shigeru Chikamoto was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 01
Full year 2026 earnings released: EPS: JP¥59.18 (vs JP¥56.09 in FY 2025) Full year 2026 results: EPS: JP¥59.18 (up from JP¥56.09 in FY 2025). Revenue: JP¥11.2b (flat on FY 2025). Net income: JP¥967.0m (up 5.5% from FY 2025). Profit margin: 8.6% (up from 8.2% in FY 2025). Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 14% per year. Announcement • Apr 30
Sugimura Warehouse Co., Ltd., Annual General Meeting, Jun 24, 2026 Sugimura Warehouse Co., Ltd., Annual General Meeting, Jun 24, 2026. New Risk • Mar 23
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.3b (US$96.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥7.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 08 June 2026. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.0%). New Risk • Feb 03
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.5b (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Reported Earnings • Jan 30
Third quarter 2026 earnings released: EPS: JP¥16.21 (vs JP¥12.78 in 3Q 2025) Third quarter 2026 results: EPS: JP¥16.21 (up from JP¥12.78 in 3Q 2025). Revenue: JP¥2.86b (up 3.5% from 3Q 2025). Net income: JP¥265.0m (up 27% from 3Q 2025). Profit margin: 9.3% (up from 7.6% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Nov 07
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.3b (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.03% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$100m (JP¥15.3b market cap, or US$99.7m). Reported Earnings • Nov 02
Second quarter 2026 earnings released: EPS: JP¥13.65 (vs JP¥14.68 in 2Q 2025) Second quarter 2026 results: EPS: JP¥13.65 (down from JP¥14.68 in 2Q 2025). Revenue: JP¥2.83b (down 1.2% from 2Q 2025). Net income: JP¥223.0m (down 7.1% from 2Q 2025). Profit margin: 7.9% (down from 8.4% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Oct 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.6% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (5.7% average weekly change). Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,085, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 13x in the Commercial Services industry in Japan. Total returns to shareholders of 79% over the past three years. Announcement • Sep 27
Sugimura Warehouse Co., Ltd. to Report Q2, 2026 Results on Oct 31, 2025 Sugimura Warehouse Co., Ltd. announced that they will report Q2, 2026 results on Oct 31, 2025 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.1%). Reported Earnings • Aug 02
First quarter 2026 earnings released: EPS: JP¥13.91 (vs JP¥13.41 in 1Q 2025) First quarter 2026 results: EPS: JP¥13.91 (up from JP¥13.41 in 1Q 2025). Revenue: JP¥2.72b (flat on 1Q 2025). Net income: JP¥227.0m (up 3.7% from 1Q 2025). Profit margin: 8.3% (up from 8.0% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 8% per year and the company’s share price has also increased by 8% per year. Announcement • Jun 27
Sugimura Warehouse Co., Ltd. to Report Q1, 2026 Results on Jul 31, 2025 Sugimura Warehouse Co., Ltd. announced that they will report Q1, 2026 results on Jul 31, 2025 Reported Earnings • May 01
Full year 2025 earnings released: EPS: JP¥56.09 (vs JP¥52.81 in FY 2024) Full year 2025 results: EPS: JP¥56.09 (up from JP¥52.81 in FY 2024). Revenue: JP¥11.2b (up 3.5% from FY 2024). Net income: JP¥917.0m (up 6.3% from FY 2024). Profit margin: 8.2% (up from 8.0% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 1% per year. Announcement • May 01
Sugimura Warehouse Co., Ltd. (TSE:9307) announces an Equity Buyback for 85,000 shares, representing 0.52% for ¥60 million. Sugimura Warehouse Co., Ltd. (TSE:9307) announces a share repurchase program. Under the program, the company will repurchase up to 85,000 shares, representing 0.52% of its issued share capital (excluding treasury stock), for ¥60 million. The purpose of the program is to allocate to restricted stocks to be issued to directors, employees and executive officers of the Company and its subsidiaries. The program will run until June 16, 2025. As of March 31, 2025, the company had 16,358,004 shares in issue (excluding treasury stock) and 61,106 shares in treasury. Announcement • Apr 30
Sugimura Warehouse Co., Ltd., Annual General Meeting, Jun 25, 2025 Sugimura Warehouse Co., Ltd., Annual General Meeting, Jun 25, 2025. New Risk • Apr 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.8% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Market cap is less than US$100m (JP¥10.2b market cap, or US$69.9m). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥620, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 12x in the Commercial Services industry in Japan. Total loss to shareholders of 4.7% over the past three years. Announcement • Mar 27
Sugimura Warehouse Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2025 Sugimura Warehouse Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 06 June 2025. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.1%). Reported Earnings • Jan 31
Third quarter 2025 earnings released: EPS: JP¥12.78 (vs JP¥12.17 in 3Q 2024) Third quarter 2025 results: EPS: JP¥12.78 (up from JP¥12.17 in 3Q 2024). Revenue: JP¥2.76b (up 3.4% from 3Q 2024). Net income: JP¥209.0m (up 5.0% from 3Q 2024). Profit margin: 7.6% (up from 7.5% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 3% per year. Announcement • Nov 30
Sugimura Warehouse Co., Ltd. to Report Q2, 2025 Results on Jan 30, 2025 Sugimura Warehouse Co., Ltd. announced that they will report Q2, 2025 results on Jan 30, 2025 Reported Earnings • Nov 02
Second quarter 2025 earnings released: EPS: JP¥14.68 (vs JP¥12.42 in 2Q 2024) Second quarter 2025 results: EPS: JP¥14.68 (up from JP¥12.42 in 2Q 2024). Revenue: JP¥2.86b (up 5.6% from 2Q 2024). Net income: JP¥240.0m (up 18% from 2Q 2024). Profit margin: 8.4% (up from 7.5% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Sep 27
Sugimura Warehouse Co., Ltd. to Report Q2, 2025 Results on Oct 31, 2024 Sugimura Warehouse Co., Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.0%). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥491, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 12x in the Commercial Services industry in Japan. Total loss to shareholders of 3.6% over the past three years. Reported Earnings • Jul 28
First quarter 2025 earnings released: EPS: JP¥13.41 (vs JP¥13.05 in 1Q 2024) First quarter 2025 results: EPS: JP¥13.41 (up from JP¥13.05 in 1Q 2024). Revenue: JP¥2.73b (up 1.9% from 1Q 2024). Net income: JP¥219.0m (up 2.8% from 1Q 2024). Profit margin: 8.0% (up from 7.9% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 3% per year. Announcement • Jun 28
Sugimura Warehouse Co., Ltd. to Report Q1, 2025 Results on Jul 26, 2024 Sugimura Warehouse Co., Ltd. announced that they will report Q1, 2025 results on Jul 26, 2024 Reported Earnings • May 01
Full year 2024 earnings released: EPS: JP¥52.81 (vs JP¥43.84 in FY 2023) Full year 2024 results: EPS: JP¥52.81 (up from JP¥43.84 in FY 2023). Revenue: JP¥10.9b (up 2.8% from FY 2023). Net income: JP¥863.0m (up 21% from FY 2023). Profit margin: 8.0% (up from 6.8% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Apr 29
Sugimura Warehouse Co., Ltd., Annual General Meeting, Jun 27, 2024 Sugimura Warehouse Co., Ltd., Annual General Meeting, Jun 27, 2024. Announcement • Apr 27
Sugimura Warehouse Co., Ltd. (TSE:9307) announces an Equity Buyback for 50,000 shares, representing 0.31% for ¥30 million. Sugimura Warehouse Co., Ltd. (TSE:9307) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 0.31% of its issued share capital (excluding treasury stock), for ¥30 million. The purpose of the program is to allocate to restricted shares to be delivered to the directors and executive officers of the Company and its subsidiaries, improve capital efficiency, and implement agile capital policies. The program will run until June 14, 2024. As of March 31, 2024, the company had 16,351,334 shares in issue (excluding treasury stock) and 67,776 shares in treasury. Announcement • Mar 28
Sugimura Warehouse Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2024 Sugimura Warehouse Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (1.8%). Reported Earnings • Jan 27
Third quarter 2024 earnings released: EPS: JP¥12.17 (vs JP¥11.51 in 3Q 2023) Third quarter 2024 results: EPS: JP¥12.17 (up from JP¥11.51 in 3Q 2023). Revenue: JP¥2.67b (up 3.2% from 3Q 2023). Net income: JP¥199.0m (up 5.9% from 3Q 2023). Profit margin: 7.5% (up from 7.3% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Dec 28
Sugimura Warehouse Co., Ltd. to Report Q3, 2024 Results on Jan 26, 2024 Sugimura Warehouse Co., Ltd. announced that they will report Q3, 2024 results on Jan 26, 2024 Reported Earnings • Oct 29
Second quarter 2024 earnings released: EPS: JP¥12.42 (vs JP¥11.08 in 2Q 2023) Second quarter 2024 results: EPS: JP¥12.42 (up from JP¥11.08 in 2Q 2023). Revenue: JP¥2.71b (up 1.4% from 2Q 2023). Net income: JP¥203.0m (up 12% from 2Q 2023). Profit margin: 7.5% (up from 6.8% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 5% per year. Announcement • Sep 28
Sugimura Warehouse Co., Ltd. to Report Q2, 2024 Results on Oct 27, 2023 Sugimura Warehouse Co., Ltd. announced that they will report Q2, 2024 results on Oct 27, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥3.00 per share at 1.3% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (1.9%). Reported Earnings • Jul 29
First quarter 2024 earnings released: EPS: JP¥13.05 (vs JP¥9.81 in 1Q 2023) First quarter 2024 results: EPS: JP¥13.05 (up from JP¥9.81 in 1Q 2023). Revenue: JP¥2.68b (up 4.1% from 1Q 2023). Net income: JP¥213.0m (up 33% from 1Q 2023). Profit margin: 7.9% (up from 6.2% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Announcement • Jun 29
Sugimura Warehouse Co., Ltd. to Report Q1, 2024 Results on Jul 28, 2023 Sugimura Warehouse Co., Ltd. announced that they will report Q1, 2024 results on Jul 28, 2023 Reported Earnings • Apr 29
Full year 2023 earnings released: EPS: JP¥43.84 (vs JP¥49.02 in FY 2022) Full year 2023 results: EPS: JP¥43.84 (down from JP¥49.02 in FY 2022). Revenue: JP¥10.6b (up 3.6% from FY 2022). Net income: JP¥716.0m (down 11% from FY 2022). Profit margin: 6.8% (down from 7.9% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥703, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 13x in the Commercial Services industry in Japan. Total returns to shareholders of 89% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥5.00 per share at 1.3% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 08 June 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.2%). Reported Earnings • Jan 28
Third quarter 2023 earnings released: EPS: JP¥11.51 (vs JP¥11.45 in 3Q 2022) Third quarter 2023 results: EPS: JP¥11.51 (up from JP¥11.45 in 3Q 2022). Revenue: JP¥2.59b (up 3.7% from 3Q 2022). Net income: JP¥188.0m (flat on 3Q 2022). Profit margin: 7.3% (down from 7.5% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 3% per year. Announcement • Dec 28
Sugimura Warehouse Co., Ltd. to Report Q3, 2023 Results on Jan 27, 2023 Sugimura Warehouse Co., Ltd. announced that they will report Q3, 2023 results on Jan 27, 2023 Reported Earnings • Nov 20
Second quarter 2023 earnings released: EPS: JP¥11.08 (vs JP¥8.64 in 2Q 2022) Second quarter 2023 results: EPS: JP¥11.08 (up from JP¥8.64 in 2Q 2022). Revenue: JP¥2.67b (up 6.5% from 2Q 2022). Net income: JP¥181.0m (up 28% from 2Q 2022). Profit margin: 6.8% (up from 5.6% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 5% per year. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 3 highly experienced directors. No independent directors (9 non-independent directors). Director Mitsuhiko Nose was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Oct 30
Second quarter 2023 earnings released: EPS: JP¥11.08 (vs JP¥8.64 in 2Q 2022) Second quarter 2023 results: EPS: JP¥11.08 (up from JP¥8.64 in 2Q 2022). Revenue: JP¥2.67b (up 6.5% from 2Q 2022). Net income: JP¥181.0m (up 28% from 2Q 2022). Profit margin: 6.8% (up from 5.6% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 5% per year. Announcement • Sep 28
Sugimura Warehouse Co., Ltd. to Report Q2, 2023 Results on Oct 28, 2022 Sugimura Warehouse Co., Ltd. announced that they will report Q2, 2023 results on Oct 28, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥3.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.3%). Reported Earnings • Jul 31
First quarter 2023 earnings released: EPS: JP¥9.81 (vs JP¥12.33 in 1Q 2022) First quarter 2023 results: EPS: JP¥9.81 (down from JP¥12.33 in 1Q 2022). Revenue: JP¥2.58b (up 5.4% from 1Q 2022). Net income: JP¥160.0m (down 20% from 1Q 2022). Profit margin: 6.2% (down from 8.2% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 3% per year. Announcement • Jun 29
Sugimura Warehouse Co., Ltd. to Report Q1, 2023 Results on Jul 29, 2022 Sugimura Warehouse Co., Ltd. announced that they will report Q1, 2023 results on Jul 29, 2022 Announcement • May 02
Sugimura Warehouse Co., Ltd., Annual General Meeting, Jun 29, 2022 Sugimura Warehouse Co., Ltd., Annual General Meeting, Jun 29, 2022. Reported Earnings • Apr 30
Full year 2022 earnings released: EPS: JP¥49.02 (vs JP¥61.04 in FY 2021) Full year 2022 results: EPS: JP¥49.02 (down from JP¥61.04 in FY 2021). Revenue: JP¥10.2b (flat on FY 2021). Net income: JP¥800.0m (down 20% from FY 2021). Profit margin: 7.9% (down from 9.8% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 6% per year and the company’s share price has also fallen by 6% per year. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 2 highly experienced directors. No independent directors (9 non-independent directors). Director Mitsuhiko Nose was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 08
Sugimura Warehouse Co., Ltd. to Report Fiscal Year 2022 Results on Apr 28, 2022 Sugimura Warehouse Co., Ltd. announced that they will report fiscal year 2022 results on Apr 28, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥4.50 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 08 June 2022. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.1%). Reported Earnings • Jan 30
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥11.45 (down from JP¥13.55 in 3Q 2021). Revenue: JP¥2.50b (flat on 3Q 2021). Net income: JP¥187.0m (down 15% from 3Q 2021). Profit margin: 7.5% (down from 8.9% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 6% per year and the company’s share price has also fallen by 6% per year. Reported Earnings • Jan 30
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥11.45 (down from JP¥13.55 in 3Q 2021). Revenue: JP¥2.50b (flat on 3Q 2021). Net income: JP¥187.0m (down 15% from 3Q 2021). Profit margin: 7.5% (down from 8.9% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 6% per year and the company’s share price has also fallen by 6% per year. Reported Earnings • Oct 29
Second quarter 2022 earnings released: EPS JP¥8.64 (vs JP¥17.86 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥2.51b (down 4.9% from 2Q 2021). Net income: JP¥141.0m (down 52% from 2Q 2021). Profit margin: 5.6% (down from 11% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Oct 04
Investor sentiment deteriorated over the past week After last week's 15% share price decline to JP¥739, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 16x in the Commercial Services industry in Japan. Total loss to shareholders of 24% over the past three years. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥3.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (1.9%). Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥713, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 16x in the Commercial Services industry in Japan. Total loss to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥621, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 15x in the Commercial Services industry in Japan. Total loss to shareholders of 23% over the past three years. Reported Earnings • Aug 03
First quarter 2022 earnings released: EPS JP¥12.33 (vs JP¥13.63 in 1Q 2021) The company reported a poor first quarter result with weaker earnings and profit margins, although revenues were flat. First quarter 2022 results: Revenue: JP¥2.45b (flat on 1Q 2021). Net income: JP¥201.0m (down 9.5% from 1Q 2021). Profit margin: 8.2% (down from 9.0% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Reported Earnings • May 02
Full year 2021 earnings released: EPS JP¥61.04 (vs JP¥56.90 in FY 2020) The company reported a decent full year result with improved earnings, although revenues and profit margins were flat. Full year 2021 results: Revenue: JP¥10.2b (flat on FY 2020). Net income: JP¥995.0m (up 7.7% from FY 2020). Profit margin: 9.8% (in line with FY 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings. Announcement • May 01
Sugimura Warehouse Co., Ltd. (TSE:9307) announces an Equity Buyback for 60,000 shares, representing 0.37% for ¥30 million. Sugimura Warehouse Co., Ltd. (TSE:9307) announces a share repurchase program. Under the program, the company will repurchase 60,000 shares, representing 0.37% of its share capital, for ¥30 million. The purpose of the program is to implement agile capital policies in response to changes in the business environment. The program will run until June 18, 2021. As of March 31, 2021, the company had 16,323,365 shares issued (excluding treasury shares) and 72,745 shares in treasury. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥4.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 05 June 2021. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (1.8%). Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment improved over the past week After last week's 20% share price gain to JP¥634, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 17x in the Commercial Services industry in Japan. Total loss to shareholders of 41% over the past three years. Announcement • Mar 04
Sugimura Warehouse Co., Ltd. to Report Fiscal Year 2021 Results on Apr 30, 2021 Sugimura Warehouse Co., Ltd. announced that they will report fiscal year 2021 results on Apr 30, 2021 Reported Earnings • Feb 03
Third quarter 2021 earnings released: EPS JP¥13.55 (vs JP¥12.67 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥2.49b (down 2.1% from 3Q 2020). Net income: JP¥221.0m (up 7.3% from 3Q 2020). Profit margin: 8.9% (up from 8.1% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Dec 22
New 90-day low: JP¥528 The company is down 20% from its price of JP¥659 on 23 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is down 2.0% over the same period. Announcement • Nov 29
Sugimura Warehouse Co., Ltd. to Report Q3, 2021 Results on Jan 29, 2021 Sugimura Warehouse Co., Ltd. announced that they will report Q3, 2021 results on Jan 29, 2021 Announcement • Oct 10
Sugimura Warehouse Co., Ltd. to Report Q2, 2021 Results on Oct 30, 2020 Sugimura Warehouse Co., Ltd. announced that they will report Q2, 2021 results on Oct 30, 2020