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AZ-COM MARUWA (9090) investor relations material
AZ-COM MARUWA Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary5 Nov, 2025
Executive summary
Net sales for FY2026/3 2Q rose 11.4% year-over-year to ¥113,054 million, with operating income up 40.2% to ¥6,068 million and profit attributable to owners of the parent up 40.2% to ¥3,991 million.
Growth was driven by full-year operation of new logistics centers, strong performance in e-commerce, ordinary-temperature, cold chain food, and medicine & medical logistics, and a decrease in one-time expenses related to a prior tender offer.
The company launched its Medium-term Management Plan 2028, focusing on transforming into a highly profitable, resilient 3PL & Platform Company.
Financial highlights
Gross profit increased 14.0% year-over-year to ¥11,181 million, while SG&A expenses decreased by 6.8%.
Ordinary income rose 36.0% to ¥6,269 million, and profit margin improved from 4.3% to 5.4%.
Comprehensive income for the six months was ¥6,072 million, up 93.0% year-over-year.
Earnings per share increased to ¥29.64 from ¥21.11 a year earlier.
Total assets increased to ¥158,551 million as of September 30, 2025, up from ¥138,550 million at the previous fiscal year-end.
Outlook and guidance
Full-year FY2026/3 net sales forecast is ¥220,000 million (+5.6% YoY), with operating income projected at ¥11,900 million (+8.6% YoY), ordinary income ¥12,000 million (+3.2% YoY), profit attributable to owners of the parent at ¥7,300 million (+0.3% YoY), and EPS ¥54.21.
Second half expected to see one-time expenses for stabilizing and consolidating logistics centers and productivity improvements.
Dividend per share forecast maintained at ¥32.00, targeting a payout ratio of approximately 40%.
Detail H2 expenses impacting full-year forecast
How will new logistics centers impact future growth?
Strategy for Last One Mile business decline
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Next AZ-COM MARUWA earnings date
Q3 20264 Feb, 2026
Next AZ-COM MARUWA earnings date
Q3 20264 Feb, 2026
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Frequently asked questions
AZ-COM MARUWA Holdings Inc is a Japan-based holding company operating through subsidiaries in the logistics, construction, and staffing sectors. Its logistics segment provides transportation, warehousing, and distribution services. The construction segment offers civil engineering and construction management services, while the staffing segment supplies human resource solutions, including temporary staffing and outsourcing. AZ-COM MARUWA Holdings Inc is headquartered in Tokyo, Japan, and its shares are listed on the TSE.
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