According to the third-quarter financial results for the fiscal year ending December 2025, announced by SBS Holdings on November 12, net sales were 364.36 billion yen (up 10.3% year-on-year), operating profit was 17.338 billion yen (up 31.1%), ordinary profit was 17.382 billion yen (up 27.9%), and net profit attributable to parent company shareholders was 9.625 billion yen (up 27.4%).
By segment, in the core logistics business, in addition to expanding transactions with existing customers, the company focused on acquiring new customers who demand high-level logistics capabilities, capturing demand for e-commerce logistics, and expanding its service lineup, including the full-scale introduction of last-mile delivery services. As a result, sales reached 338.038 billion yen (up 8.9%) and operating profit reached 8.278 billion yen (up 29.5%).
The real estate business consists of development and leasing. In the development business, the company handles everything from land acquisition to construction of large warehouses tailored to customers' logistics needs. In the leasing business, the group earns rental income from warehouses, office buildings, residences, etc., that it owns.
Revenue generated from the securitization of logistics real estate for future investments is included in the real estate business, and in the third quarter, a portion of the trust beneficiary rights of a sales property (Noda Seto Logistics Center Building A) owned by a consolidated subsidiary was transferred. As a result, sales in the real estate business amounted to 18.662 billion yen (up 46.6%), and operating profit was 9.03 billion yen (up 41.4%).
For the full year, the company projects net sales of 4850 billion yen (up 8.2%), operating profit of 205 billion yen (up 15.8%), ordinary profit of 201 billion yen (up 8.9%), and net profit attributable to parent company shareholders of 112 billion yen (up 16.4%).
