Sumitomo Warehouse reported a sharp rise in consolidated profit for the April-June quarter of fiscal 2026, with net profit attributable to owners of the parent climbing 89% year on year to yen 5.9 billion from yen 3.1 billion. The increase was supported by steady logistics operations, especially international transport, and by a yen 2.2 billion gain from selling investment securities as the company reduced policy-held shareholdings. Operating revenue rose 5% to yen 50.4 billion, operating profit increased 28% to yen 3.5 billion, and recurring profit grew 26% to yen 6 billion. In the logistics division, international transport revenue rose 10% to yen 14.2 billion as demand expanded for international intermodal transport (cargo moved using multiple transport modes) and air cargo handling volumes increased, while land transport and domestic logistics also held firm. Total assets were broadly unchanged and the equity ratio stayed high at 61.7%. The company left unchanged its full-year forecast for the fiscal year ending March 2027, projecting operating revenue of yen 200 billion, up 2% from the previous year, and net profit attributable to owners of the parent of yen 17.2 billion, down 3%, with the absence of relocation compensation booked in the previous fiscal year expected to produce a second straight annual decline in net profit. Its annual dividend plan was also maintained at yen 103 per share. TipRanks shows the most recent analyst rating as "Sell" with a target price of yen 3,000, suggesting a cautious market view at current share price levels.