SBS Holdings Inc

SBS Holdings Inc

TTSE:2384
5,820.00
JPY
+220.00
(+3.93%)
171.58BMarket Cap
Nov 13Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3,436.3
3,622.93
4,010.19
3,752.83
3,848.91
5,124.06
6,434.11
6,475.51
10,158.85
11,468.02
10,874.6
11,283.53
12,346.61
- -
Basic EPS, GAAP
40.83
69.75
-96.83
128.68
111.94
111.01
153.06
171.86
271.67
295.39
253.19
242.19
296.69
- -
Free Cash Flow per Basic Share
-20.35
-108.94
-68.23
71.2
61.74
33.49
154.01
135.36
367.77
134.07
108.26
67.91
563.79
- -
Dividend per Share
13.26
13.52
15.1
15.99
16.99
21
21.98
29.99
35
54.99
60.98
64.99
70
- -
Book Value per Share
744.06
811.98
707.57
818.53
916.47
1,001.01
1,136.2
1,277.87
1,527.54
1,772.02
2,003.53
2,221.12
2,435.18
2,632.7
Tangible Book Value per Share
698.52
641.01
675.21
792.29
889.68
728.64
873.44
434.54
629.92
907.03
1,173.54
1,378.36
1,186.63
1,403.32
Basic Weighted Avg Shares
38
39
39
40
40
40
40
40
40
40
40
40
40
40
Sales/Revenue/Turnover
132,205
141,535
157,996
149,054
152,870
203,516
255,548
257,192
403,485
455,481
431,911
448,145
490,344
- -
Operating Margin (%)
3.13
2.9
3.38
5.04
4.07
4.05
3.98
4.26
5.13
4.8
4.57
3.95
4.34
- -
Depreciation Expense
3,876
3,757
3,992
4,291
4,594
5,699
7,334
7,341
10,114
11,074
10,955
11,963
13,305
- -
Net Income, GAAP
1,571
2,725
-3,815
5,111
4,446
4,409
6,079
6,826
10,790
11,732
10,056
9,619
11,783
- -
Effective Tax Rate (%)
45.28
41.14
- -
28.18
30.89
36.04
32.75
35.48
34.55
34.46
39.27
39.77
34.05
- -
Profit Margin (%)
1.19
1.93
-2.41
3.43
2.91
2.17
2.38
2.65
2.67
2.58
2.33
2.15
2.4
- -
Working Capital
-4,306
-1,143
-1,393
4,916
5,027
3,482
1,480
-6,572
15,459
31,391
47,118
41,856
25,125
32,262
LT Debt
23,755
28,837
31,876
33,497
33,709
49,628
47,438
47,399
60,142
58,924
64,295
57,487
57,230
53,070
Total Equity
29,264
35,090
29,944
34,532
38,509
48,172
54,075
68,144
80,705
92,171
102,588
112,945
126,550
135,131
Return on Invested Capital (%)
2.78
2.61
- -
5.69
4.47
4.68
5.26
4.59
7.52
7.41
5.78
4.87
6.01
- -
Return on Capital (%)
2.34
3.35
- -
5.66
4.9
4.02
4.7
4.58
5.16
5.23
4.7
4.45
4.92
- -
Return on Common Equity (%)
5.57
8.96
-12.73
16.86
12.9
11.58
14.32
14.24
19.37
17.9
13.41
11.47
12.74
- -

Capital Structure

JPY

•

in mil. unless spec.
Jun'24
Mar'26
Jun'26
ST Debt
36,250
- -
47,771
LT Borrowings
66,117
- -
53,070
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
40
40
40
Market Capitalization
106,443
168,004
171,579

Working Capital

JPY

•

in mil. unless spec.
Jun'24
Mar'26
Jun'26
Total Current Assets
157,250
- -
160,896
Cash, Cash Equivalents & STI
34,084
- -
39,172
Accounts Receivable, Net
63,013
- -
69,971
Inventories
40,838
- -
33,853
Total Current Liabilities
103,741
- -
128,634
Payables & Accruals
- -
- -
- -
ST Debt
36,250
- -
47,771
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.63%
13.22%
12.05%
Free Cash Flow
86.54%
156.37%
730.22%
Net Income, GAAP
-12.7%
14.13%
22.5%
Sales/Revenue/Turnover
13.4%
15.56%
9.42%
Total Cash Common Dividend
17.67%
19.8%
7.71%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
113,814
107,925
- -
- -
448,145
2025
- -
- -
- -
- -
490,344
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
122.99
39.55
- -
- -
242.19
2025
- -
- -
- -
- -
296.69
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
64.99
2025
- -
- -
- -
- -
70
2026
- -
- -
- -
- -
- -

Company Description

CEO
Masahiko Kamata
Full Time Employees
11,772
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
Sumitomo Realty & Development Shinjuku Grand Tower Tokyo TY Japan 160-6125
IPO Date
Dec 15, 2003
Business
SBS Holdings, Inc. is a Japan-based holding company engaged primarily in comprehensive logistics services, including third-party logistics (3PL), food distribution, precision equipment transportation, same-day delivery, international logistics, and logistics consulting; property management encompassing the leasing of offices, residential properties, and warehouses as well as the development and sale of logistics facilities; and other services such as human resource solutions including personnel dispatch and employment agency, environmental services covering waste collection, transportation, and recycling, marketing and e-commerce fulfillment, fuel and tire purchasing, insurance agency, and solar power generation. The company operates through a network of subsidiaries handling specialized logistics for industries ranging from electronics, heavy goods, and automotive products including tire logistics to pharmaceuticals, apparel, and consumer goods, with capabilities in truck, rail, and multimodal transportation; low-temperature logistics across dry, chilled, and frozen categories; customs clearance and forwarding; facility relocation; on-site logistics; packaging design; and EC logistics solutions like the "EC Logistics Omakase-kun" service. Geographically, SBS Holdings maintains extensive operations in Japan with nationwide logistics centers, trucking networks, and cold chain facilities, alongside international presence through subsidiaries in Asia, Europe, and North America focused on global supply chain management. Founded in 1987 and headquartered in Sumitomo Fudosan Shinjuku Grand Tower, Tokyo, the company, formerly known as SBS Co., Ltd. until its name change in April 2006, lists on the Tokyo Stock Exchange Prime Market under ticker 2384 and reported consolidated sales of 448.1 billion yen for the fiscal year ended December 2024 with approximately 23,513 employees. In recent developments, SBS Holdings completed the acquisition of a 66.6% stake in Bridgestone Logistics Co., Ltd., a specialized tire logistics provider and former wholly-owned subsidiary of Bridgestone Corporation, on October 1, 2025, enhancing its automotive logistics capabilities and enabling synergies in joint delivery systems to address driver shortages, rising costs, and environmental goals while preserving Bridgestone Group relationships; the company also transitioned to the Tokyo Stock Exchange Prime Market in April 2022 following market recategorization and consolidated group head office functions in Nishi-Shinjuku in early 2022.