SBS Holdings sees strong Q3 2025 growth, led by logistics and real estate

SBS Holdings recorded a significant increase in its consolidated results for the third quarter of 2025, with net sales reaching JPY 364,360 million, a 10.3% rise year-on-year. Operating income surged by 31.1% to JPY 17,338 million, while ordinary income grew 27.9% to JPY 17,382 million. Net income attributable to owners of the parent company increased by 27.4% to JPY 9,625 million.

The logistics segment's net sales rose 8.9% to JPY 338,038 million, with operating income up 29.5% to JPY 8,278 million, benefiting from new customer acquisition and expanded services. The real estate segment saw an impressive 46.6% increase in net sales to JPY 186,620 million and a 41.4% rise in operating income to JPY 9,030 million, largely due to the partial transfer of trust beneficiary rights for the Noda Seto Logistics Center A building.

Total assets for the period stood at JPY 335,626 million, an increase of JPY 18,339 million from the previous fiscal year-end. This growth was primarily driven by an increase in fixed assets due to new subsidiary consolidations, even as current assets like accounts receivable and inventories decreased. Net assets increased by JPY 8,182 million to JPY 121,131 million.