HAMAKYOREX CO., LTD.
9037・Prime Market・Land Transportation
Logistics Center Business
Hamakyorex's core segment, centered on 3PL Logistics Center Operations.
| Period | Current | Previous | Change |
|---|---|---|---|
| Operating revenue (external customers) | ¥100,937 million | ¥94,599 million | ↑ |
| Segment profit (operating profit) | ¥13,068 million | ¥11,734 million | ↑ |
| Segment assets | ¥91,315 million | ¥83,515 million | ↑ |
| Depreciation and amortization | ¥3,534 million | ¥3,030 million | ↑ |
| Number of logistics centers | 194 centers | 193 centers | ↑ |
| Increase in property, plant and equipment and intangible assets | ¥8,668 million | ¥8,645 million | — |
Business Details
A 3PL (third-party logistics) business handling center operations (receiving/shipping, storage, distribution processing) and center-based delivery. Services are provided through the parent company as well as multiple consolidated subsidiaries. The segment responds to diverse shipper needs including EC logistics, small-lot high-frequency delivery, and through-type logistics, accounting for approximately 65% of the group's total operating revenue as the mainstay segment. As of the end of FY2026 (ending March 2026), the total number of logistics centers reached 194.
Recent Overview
Increased revenue and profit driven by 15 new client acquisitions and M&A effects; center count expanded to 194
In the Logistics Center Business for FY2026 (ending March 2026), operating revenue rose to ¥100,937 million (up 6.7% year on year), and segment profit rose to ¥13,068 million (up 11.4% year on year), achieving growth in both revenue and profit. The main drivers were the sequential launch of new centers and effects from M&A. Of the 15 new clients secured in the current period, 15 (out of 16 including 1 client secured in the prior period) are currently operational, with the remaining 1 scheduled to begin operations in FY2027. The total number of logistics centers expanded to 194.
Key Products
Growth Drivers
- Expansion of new logistics center contracts (15 new clients secured in the current period, contributing to results as they sequentially become operational)
- Expansion of group subsidiaries through M&A and effects of increased consolidated subsidiaries
- Responding to expanding demand for EC logistics and small-lot high-frequency delivery
- Improvement in the profit and loss of existing centers through thorough implementation of 'daily profit-and-loss management, full participation, and communication'
- Addition of new capacity through capital investment (increase in property, plant and equipment of ¥8,668 million)
Risks
- Profit pressure from labor shortages and rising labor costs
- Increased operating costs due to price inflation and rising crude oil prices
- Risk of declining utilization rates due to deteriorating business conditions or termination of transactions with shipper companies
- Initial cost burden when launching new centers and uncertainty regarding early stabilization of operations
- Impairment risk related to fixed assets (continued increase in property, plant and equipment balance)
Last updated: June 16, 2026