SENKO Group Holdings Co (9069) Q4 2026 earnings summary

Executive summary

• Operating revenue for FY ended March 31, 2026 was ¥899.6 billion, up 5.3% year-over-year, with operating profit at ¥37.0 billion (+5.9%) and net profit at ¥19.3 billion (+3.8%).

• Growth was driven by sales expansion, M&A, and price/tariff revisions, despite higher personnel and purchase costs and an uncertain economic environment.

• Major logistics centers and relay stations were launched, and several companies were added to the group across logistics, trading, and business support segments.

• The company expects continued growth in FY ending March 31, 2027, forecasting operating revenue of ¥1,020.0 billion (+13.4%), operating profit of ¥43.0 billion (+16.2%), and net profit of ¥23.4 billion (+21.1%).

• Annual dividend for FY2026 is ¥50 (44.0% payout), with a forecast of ¥56 (40.1% payout) for FY2027.

Financial highlights

• Operating revenue exceeded plan by ¥1.62 billion; operating profit matched plan; net profit exceeded plan by ¥120 million.

• Comprehensive income was ¥28.78 billion (+15.3% YoY).

• Cash and cash equivalents at year-end were ¥89.36 billion, up ¥22.05 billion from prior year.

• Interest-bearing debt rose to ¥332.84 billion, with net D/E ratio at 1.05x.

• Equity ratio was 27.6%, down from 30.2% last year.

Outlook and guidance

• FY2027 guidance projects 24th consecutive year of revenue growth and 18th consecutive year of ordinary profit growth.

• All business segments are expected to contribute to revenue and profit growth, with logistics and chemicals logistics showing strong expansion.

• Capital investment plan for FY2027 is ¥38.78 billion, focusing on vehicles, equipment, and large-scale facilities.

• Annual dividend forecast for FY2027 is ¥56.00 per share (interim ¥28.00, year-end ¥28.00).