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TYO:9064

2 stories mentioning TYO:9064Updated 41d ago

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Asia

Yamato Widens Attributable Loss in Fiscal Q1

Yamato's (TYO:9064) loss attributable to owners of the parent widened to 5.89 billion yen for the fiscal first quarter from 5.42 billion yen a year earlier.The logistics firm's basic loss per share widened to 18.59 yen from 17.01 yen a year ago, according to a Tokyo bourse filing on Monday.Operating revenue rose 1.4% to 443.3 billion yen in the three months ended June 30 from 437.4 billion yen in the year-ago period.It declared a second-quarter dividend of 23 yen per share.For the fiscal year ending March 31, 2027, the company expects attributable income of 16 billion yen, basic EPS of 50.52 yen, and operating revenue of 1.918 trillion yen.The company expects to pay a year-end dividend of 23 yen per share for the current fiscal year.Shares of Yamato fell over 1% at market close.

TYO:9064
Asia

Market Chatter: Japanese Corporate Real Estate Sales Hit 18-Year High as Firms Boost Efficiency

Corporate property sales in Japan rose 9% to 1.23 trillion yen in 2025, marking the highest level in nearly two decades, as listed companies shed assets to improve profitability, Nikkei reported on Sunday.Food maker Ajinomoto (TYO:2802) sold its Tokyo headquarters and will relocate functions this summer, while Yamato Holdings (TYO:9064) offloaded four properties, including its Ginza office, the news daily said.Engineering firm IHI (TYO:7013) planned three sales in Koto ward, expected to generate 56.8 billion yen in capital gains, over 80% of which will be booked this fiscal year, the publication said.The trend reflects growing pressure on Japanese firms to streamline operations and raise return on equity, aligning with broader shareholder-driven governance reforms, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Nikkei 225TYO:2802TYO:7013TYO:9064

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