| Valuation method | Value, ¥ | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 812.96 | -15 |
| Intrinsic value (DCF) | 472.38 | -51 |
| Graham-Dodd Method | 1126.62 | 17 |
| Graham Formula | 649.41 | -32 |
Sugimura Warehouse Co., Ltd. (9307.T) is a Japan-based logistics and warehousing company with a rich history dating back to 1895. Headquartered in Osaka, the company specializes in warehousing, customs clearance, port transport, freight forwarding, and real estate rental services. Additionally, Sugimura offers storage management, logistics processing, document management, and transport services, supported by its logistics information system. Operating in the Industrials sector under Specialty Business Services, Sugimura plays a crucial role in Japan's supply chain infrastructure. With a market capitalization of approximately ¥12.7 billion, the company serves as a key player in domestic logistics, leveraging its long-standing expertise and integrated service offerings. Its diversified operations, including real estate leasing, provide stability amid fluctuating logistics demand. Investors looking for exposure to Japan's industrial and logistics sector may find Sugimura an interesting candidate due to its niche market positioning and steady financial performance.
Sugimura Warehouse presents a stable investment opportunity within Japan's logistics sector, supported by consistent revenue (¥10.85 billion in FY 2024) and net income (¥863.8 million). The company maintains a conservative financial profile with a low beta (0.211), indicating lower volatility relative to the market. Its strong operating cash flow (¥2.1 billion) and healthy cash reserves (¥4.26 billion) provide liquidity for operations and potential growth initiatives. However, the company operates in a competitive and capital-intensive industry, with modest dividend payouts (¥12 per share). While its long-standing market presence and diversified services offer resilience, investors should consider Japan's economic conditions and logistics demand trends when evaluating Sugimura's growth prospects.
Sugimura Warehouse holds a niche position in Japan's logistics and warehousing market, differentiating itself through integrated services such as customs clearance, freight forwarding, and real estate leasing. Its competitive advantage lies in its long-established reputation (founded in 1895) and localized expertise in port logistics, which creates barriers to entry for new competitors. The company's diversified revenue streams, including logistics processing and document management, reduce reliance on any single service line. However, Sugimura faces competition from larger logistics firms with broader geographic reach and advanced technological capabilities. Its relatively small market cap (¥12.7 billion) limits its ability to compete on scale compared to global logistics giants. The company's focus on Japan may insulate it from international competition but also caps growth potential. Its low beta suggests stability, but investors should monitor Japan's economic trends, as sluggish domestic demand could impact logistics volumes. Sugimura's real estate rental business provides an additional revenue cushion, though it remains secondary to core logistics operations.