KAWANISHI WAREHOUSE CO.,LTD.

9322・Standard Market・Warehousing & Harbor Transportation Services

9322・Standard Market・Warehousing & Harbor Transportation Services

KAWANISHI WAREHOUSE CO.,LTD.9322

Reference Indicators

Market Cap

200¥100M

P/E (Forecast)

—

P/B

0.8x

Dividend Yield (Forecast)

5.45%

ROE

2.9%

EV/EBITDA

9.2x

Financial Summary

Unit: ¥M

Item	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Net Sales	23,618	27,107	24,993	25,542	26,400
Gross Profit	3,065	3,538	3,799	3,847	4,253
SG&A Expenses	2,281	2,644	2,640	2,820	3,137
Operating Income	784	893	1,159	1,027	1,115
Non-operating Income	134	118	125	200	144
Non-operating Expenses	56	54	52	48	217
Ordinary Income	862	958	1,233	1,179	1,042
Extraordinary Income	13	1,771	12	96	64
Extraordinary Losses	23	452	143	115	47
Pre-tax Income	852	2,277	1,101	1,160	1,059
Income Taxes	305	722	238	437	409
Net Income	523	1,492	796	746	636
EBITDA	1,860	2,090	2,514	2,403	2,554
Gross Margin	13.0%	13.1%	15.2%	15.1%	16.1%
Operating Margin	3.3%	3.3%	4.6%	4.0%	4.2%
ROA	1.4%	3.9%	2.1%	1.9%	1.6%
ROE	3.0%	8.1%	4.0%	3.6%	2.9%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
国内物流	21,484	1,824	8.5%
国際物流	4,532	163	3.6%
その他	383	249	65.0%

Disclaimer