According to the third-quarter financial results for the fiscal year ending March 2026, announced by Shibusawa Warehouse on February 7, net sales were 60.34 billion yen (up 2.8% year-on-year), operating profit was 3.152 billion yen (down 19.9%), ordinary profit was 3.923 billion yen (down 14.5%), and net profit attributable to parent company shareholders was 6.032 billion yen (up 11.5%).
Sales in the logistics business were as follows: warehousing: 4.934 billion yen (down 0.5%), port transportation: 1.665 billion yen (up 2.4%), land transportation: 9.107 billion yen (up 5.3%), international transportation: 2.098 billion yen (up 8.8%), and other: 798 million yen (down 5.7%).
While new operations launched in the previous period contributed to warehouse operations, overall handling decreased due to the withdrawal of operations at some locations as customers became self-operated or as locations were consolidated.
In the land transportation business, the handling of beverages and food products performed well, and the cosmetics e-commerce business, which was newly introduced in the previous period, contributed to increased revenue.
Port transportation operations are performing well due to increased handling of cargo, primarily onboard cargo handling and automotive parts.
International transportation operations performed well, with strong handling of imported air cargo and export sea cargo destined for Asia, primarily consisting of automotive parts.
For the full year, the company projects net sales of 790 billion yen (up 0.5%), operating profit of 42 billion yen (down 10.0%), ordinary profit of 51 billion yen (down 8.7%), and net profit attributable to parent company shareholders of 51 billion yen (up 3.9%).
