Shibusawa Logistics raises dividends, revises forecasts on strong performance

Shibusawa Logistics Corporation announced on November 7, 2025, an increase in its interim dividend for the fiscal year ending March 31, 2026, to JPY96.00 per share, up from the previously forecasted JPY90.00. This decision aligns with the company's progressive dividend policy and a dividend payout ratio of 50% or more, supported by strong business performance and future outlook.

The company also revised its full-year consolidated financial forecast for the fiscal year ending March 31, 2026. Operating revenue is now projected to be JPY80,000 million, up from JPY79,000 million, driven by robust land transportation and new facilities. Profit attributable to owners of parent is revised upwards to JPY5,500 million from JPY5,100 million, primarily due to accelerated sales of investment securities under a cross-shareholding reduction policy.

Concurrently, the full-year dividend forecast was also increased to JPY48.00 per share (post-stock split), reflecting the improved earnings outlook and a minimum annual dividend target of JPY140 (JPY35 post-split). The company had a 4-for-1 stock split effective October 1, 2025, impacting per-share calculations.