TOHBU NETWORK CO.,LTD.
9036・Standard Market・Land Transportation
Motor Truck Transportation Business
The core business accounting for approximately 91% of Group sales. Operates a transportation network across Honshu and Shikoku, centered on the Kanto region.
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment Sales | ¥9,168 million (FY2026 (ending March 2026)) | ¥9,472 million (FY2025 (ended March 2025)) | ↓ |
| Segment Profit | ¥347 million (FY2026 (ending March 2026)) | ¥171 million (FY2025 (ended March 2025)) | ↑ |
| Segment Assets | ¥11,060 million (FY2026 (ending March 2026)) | ¥11,236 million (FY2025 (ended March 2025)) | ↓ |
| Depreciation | ¥374 million (FY2026 (ending March 2026)) | ¥481 million (FY2025 (ended March 2025)) | ↓ |
| Increase in Tangible/Intangible Fixed Assets | ¥671 million (FY2026 (ending March 2026)) | ¥720 million (FY2025 (ended March 2025)) | ↓ |
| Impairment Loss | ¥27 million (FY2026 (ending March 2026)) | ¥153 million (FY2025 (ended March 2025)) | ↓ |
Business Details
The core segment operated by Tohbu Network Co., Ltd. and its subsidiaries (Uozu Unyu Co., Ltd., TS Unyu Co., Ltd., etc.). Maintains a transportation network across Honshu and Shikoku, centered on the Kanto region, providing transportation services for various products such as beverages, cement, and industrial gas. Also operates 3PL-type comprehensive outsourcing services such as cargo storage and logistics center operations tailored to customer needs. Major customers include Coca-Cola Bottlers Japan Inc., Nippon Air Liquide S.a.s., and Hokuriku Coca-Cola Bottling Co., Ltd.
Recent Overview
Sales decreased 3.2% year-on-year, but segment profit improved significantly, up 103.3% year-on-year, due to revenue structure reforms.
In FY2026 (ending March 2026), sales in the Motor Truck Transportation Business decreased to ¥9,168 million (down 3.2% year-on-year), while segment profit increased significantly to ¥347 million (up 103.3% year-on-year). TS Unyu Co., Ltd.'s revenue structure reform has progressed steadily two years after joining the Group, driving overall performance. Uozu Unyu Co., Ltd. was made a wholly owned subsidiary in December 2025 (acquisition cost of ¥35 million). While profitability improvement is progressing in special freight transportation, general freight such as beverage transportation continues to see declining order volumes. The 3PL business was affected by the expiration of certain tenant contracts.
Key Products
Growth Drivers
- Continued contribution to Group performance from progress in TS Unyu Co., Ltd.'s revenue structure reform
- Strengthened governance and synergy creation in industrial gas and special transportation fields through the full consolidation of Uozu Unyu Co., Ltd. as a wholly owned subsidiary
- Expansion of the 3PL business into the Kyushu and Hokkaido areas and building storage/transportation systems for industrial gas used in semiconductor manufacturing
- Accelerated investment in specialized personnel development and business expansion in special freight transportation
- Normalization of the revenue base through improvement measures based on thorough analysis of transportation profitability
- Operational efficiency through DX promotion and restructuring of the Transport Service sales organization
Risks
- Continued decline in order volume due to progress in shippers' logistics rationalization in general freight such as beverage transportation
- Risk of revenue concentration with major shippers (Coca-Cola Bottlers Japan Inc., etc.) and prolonged freight rate negotiations
- Risk of profit pressure as increases in logistics costs, such as personnel and fuel costs, outpace freight rate increases
- Constraints on transportation capacity due to worsening driver and labor shortages
- Risk of vacancies arising from the expiration of tenant contracts at 3PL facilities
- Risk of increased fuel costs due to energy price surges stemming from the situation in the Middle East
Last updated: June 25, 2026