The Sumitomo Warehouse Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Earnings and Dividend Guidance for the Full Year Ending March 31, 2020
February 04, 2020
Share
The Sumitomo Warehouse Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2019. For the nine months, the company reported operating revenue was JPY 143,565 million against JPY 139, 474 million a year ago. Operating income was JPY 8,473 million against JPY 6,555 million a year ago. Profit was JPY 7,497 million compared with JPY 2,142 million a year ago. Net income per basic share were JPY 81.56 compared with JPY 46.25 a year ago. Diluted net income per share were JPY 81.31 compared with JPY 46.12 a year ago.
For the full year ending March 31, 2020, the company expects to report, operating revenue of JPY 192,000 million, operating income of JPY 10,850 million, profit attributable to owners of parent of JPY 8,800 million, net income per share of JPY 102.92 million.
For the year ending March 31, 2020, the company expects to pay a dividend of JPY 28 per share.
Sumitomo Warehouse Co Ltd is a Japan-based company mainly engaged in the integrated logistics business. The Company operates through three business segments. The Logistics segment is engaged in the warehousing, harbor transportation, international transportation and land transportation, as well as the development of software related to its logistics business. The Marine Transportation segment is engaged in the freight transportation using ships, and the operation of marine transportation agents. The Real Estate segment is engaged in the trading, leasing and management of business offices and lands.
The Sumitomo Warehouse Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Earnings and Dividend Guidance for the Full Year Ending March 31, 2020