sugimura warehouse co.,ltd. (9307) Stock Price

Market cap
¥17.6B
P/E ratio
19.3x
Sugimura Warehouse provides cargo storage, handling and truck transportation services while also leasing real estate properties in Japan.

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Business Overview

Sugimura Warehouse operates through three main business segments: logistics, real estate, and other operations. In logistics, the company focuses on cargo storage, cargo handling, and truck transportation services. Sugimura Transport Co., Ltd. handles automotive transportation operations, with Sugimura Warehouse outsourcing a portion of these services.

In the real estate business, Sugimura Warehouse leases land and buildings, with some properties leased to Sugimura Kosan Co., Ltd. Sugimura Kosan operates parking lot services using these facilities.

As other operations, Sugimura Kosan runs a golf practice range at a facility leased from Sugimura Warehouse. Additionally, Sugimura Warehouse operates a solar power generation business, having installed solar panels on the rooftop of its warehouse in Minato Ward, Osaka.

Nomura Holdings Inc., the parent company of Sugimura Warehouse, operates in the financial sector, while Nomura Properties Co., Ltd. engages in real estate leasing and management. Sugimura Warehouse pursues logistics and real estate leasing as its core businesses, cooperating with Nomura Properties while maintaining distinct business operations.

Management Policy

Sugimura Warehouse is actively pursuing a growth strategy to adapt to changes in the logistics industry. In particular, anticipating the expansion of e-commerce and labor shortages due to population decline, the company is expanding its logistics facilities and diversifying its services. This approach aims to provide flexible solutions tailored to customer needs.

The company has established a medium-term management plan covering fiscal years 2022 through 2026, with targets of 11.1 billion yen in consolidated operating revenue and 1.3 billion yen in consolidated operating profit by fiscal 2026. Under this plan, the company is expanding cargo handling volumes and increasing facilities while broadening its logistics outsourcing service offerings to strengthen its long-term revenue base.

Sugimura Warehouse is also prioritizing productivity improvements. To enhance operational efficiency and reduce labor requirements, the company is considering internal digital transformation initiatives and the introduction of new logistics equipment. These efforts aim to streamline logistics operations and improve customer satisfaction.

Human resource development is positioned as a critical priority. Through on-the-job training utilizing CS meetings and external training programs, the company is cultivating autonomous employees and working to secure talent that supports sustainable growth. This approach focuses on developing employees who proactively tackle challenges rather than waiting for instructions.

The company also places emphasis on sustainability initiatives. Through business activities based on environmental protection policies and the provision of safe and secure working environments, Sugimura Warehouse seeks to achieve sustainable growth. These efforts are directed toward becoming a company trusted by society.

Sugimura Warehouse's management philosophy is to anticipate customer needs and contribute to society through logistics operations. Based on this philosophy, the company is advancing its growth strategy to become a "better company" for all stakeholders.

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