9324 Yasuda Warehouse
- Jul 20, 2025
- 1 min read
A semi-major warehouse company of a former conglomerate. It handles many foreign-affiliated companies. It operates mainly in the Tokyo metropolitan area and has a partnership with Chuo Warehouse, which has a strong presence in the Kansai region.
hiking dividend consecutively since 2019
and on May 7, the mgmt released plan setting total payout ration at 45% thru 2027
Nikkei compares JP warehouse companies in the context of Oasis going activist on 9301 Mitsubishi Warehouse
Almost 3 yrs old, but informational
https://www.nikkei.com/article/DGXZQOUC031S50T00C22A1000000/
current asset: 35 bil yen
investment securities: 63 bil yen
total debt: 116 bil yen
at 1815 yen/share, 55.1 bil yen mkt cap
15.93x per / 0.56x pbr / 3.20% yield
Unrealized realty gain: 32.6 bil yen
https://diamond.jp/articles/-/357822?page=2