The Sumitomo Warehouse Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2016. For the period, the company reported operating revenue of JPY 41,122 million compared to JPY 43,029 million a year ago. Operating income was JPY 2,509 million compared to JPY 2,548 million a year ago. Ordinary income was JPY 3,623 million compared to JPY 3,471 million a year ago. Profit attributable to owners of parent was JPY 2,372 million or 13.26 per diluted share compared to JPY 2,099 million a year ago. Profit before income taxes was JPY 3,604 million compared to JPY 3,447 million a year ago. Net cash provided by operating activities was JPY 3,387 million compared to JPY 1,671 million a year ago. Purchase of property, plant and equipment was JPY 5,402 million compared to JPY 3,218 million a year ago. Purchase of intangible assets was JPY 143 million compared to JPY 91 million a year ago.

For the six months ending September 30, 2016, the company expects consolidated operating revenue of JPY 86,000 million, operating income of JPY 5,300 million, ordinary income of JPY 6,200 million and profit attributable to owners of parent of JPY 3,900 million or JPY 21.82 per share.

For the year ending March 31, 2017, the company expects consolidated operating revenue of JPY 173,000 million, operating income of JPY 10,800 million, ordinary income of JPY 12,600 million and profit attributable to owners of parent of JPY 8,100 million or JPY 45.32 per share.