Maruhachi Warehouse Company, Limited

9313・Standard Market・Warehousing & Harbor Transportation Services

9313・Standard Market・Warehousing & Harbor Transportation Services

Maruhachi Warehouse Company, Limited9313

Reference Indicators

Market Cap

80¥100M

P/E (Forecast)

13.4x

P/B

0.5x

Dividend Yield (Forecast)

2.57%

ROE

2.5%

EV/EBITDA

11.9x

Financial Summary

Unit: ¥M

Item	2021Nov 2021	2022Nov 2022	2023Nov 2023	2024Nov 2024	2025Nov 2025
Net Sales	4,823	4,763	4,972	4,991	4,931
Cost of Sales	3,526	3,593	3,813	3,782	3,739
Gross Profit	1,297	1,170	1,158	1,208	1,191
SG&A Expenses	555	598	584	589	694
Operating Income	741	572	574	619	497
Non-operating Income	33	43	45	45	67
Non-operating Expenses	40	37	34	30	84
Ordinary Income	733	577	585	634	480
Extraordinary Income	10	0	31	697	7
Extraordinary Losses	1	47	0	7	0
Pre-tax Income	742	530	616	1,324	488
Income Taxes	235	169	203	421	175
Net Income	506	360	412	901	311
EBITDA	1,199	1,119	1,155	1,191	1,072
Gross Margin	26.9%	24.6%	23.3%	24.2%	24.2%
Operating Margin	15.4%	12.0%	11.6%	12.4%	10.1%
ROA	2.8%	2.0%	2.3%	4.8%	1.5%
ROE	5.0%	3.4%	3.8%	7.8%	2.5%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
物流事業	4,260	698	16.4%
不動産事業	670	331	49.4%

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