Japan Oil Transportation Co., Ltd.
9074・Standard Market・Land Transportation
Petroleum Transportation Business
The Group's largest core segment, handling rail and motor vehicle transportation of petroleum products
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment Sales (External Customers) | ¥18,698 million | ¥17,568 million | ↑ |
| Segment Profit | ¥1,491 million | ¥1,095 million | ↑ |
| Segment Assets | ¥8,995 million | ¥8,235 million | ↑ |
| Depreciation and Amortization | ¥1,149 million | ¥979 million | ↑ |
| Capital Expenditures (Increase in Tangible and Intangible Fixed Assets) | ¥1,766 million | ¥1,056 million | ↑ |
Business Details
This business transports petroleum products such as gasoline and kerosene by railway tank car and cargo truck (tank truck). Its main customers are petroleum wholesalers, and its competitive advantage lies in operating two modes of transportation: railway, which excels at long-distance, high-volume transport, and motor vehicles, which offer high mobility. In FY2026 (ending March 2026), sales to external customers were ¥18,698 million, accounting for approximately 49% of the Group's total sales of ¥38,537 million, making it the largest segment. Amid the structural headwind of a long-term decline in domestic petroleum demand, the segment significantly improved profitability through freight rate revisions and securing transportation volumes.
Recent Overview
Significant improvement with sales up 6.4% and profit up 36.1%, driven by freight rate revisions and tank car usage fee revisions
In FY2026 (ending March 2026), the revision of tank car usage fees in railway transportation and the revision of freight rates with major customers in motor vehicle transportation, among other factors, were successful, resulting in significant improvement, with sales to external customers of ¥18,698 million (up 6.4% year on year) and segment profit of ¥1,491 million (up 36.1% year on year). In addition, consolidated subsidiary Enex Co., Ltd. absorbed New J's Co., Ltd. through a merger effective April 1, 2025, consolidating and improving the efficiency of management resources in the motor vehicle transportation division.
Key Products
Growth Drivers
- Improved profitability through revision of tank car usage fees in railway transportation
- Progress in freight rate revisions with major customers in motor vehicle transportation
- Measures to maintain and expand transportation volume and market share based on the Medium-Term Management Plan (FY2024-FY2026)
- Consolidation and efficiency improvement of management resources through the merger of New J's Co., Ltd. into Enex Co., Ltd.
- Ongoing efforts to ensure appropriate freight rate and fee collection
Risks
- Long-term decline in domestic petroleum product demand (due to energy structure transformation and progress toward decarbonization)
- Worsening labor shortage due to aging drivers (a structural challenge in the logistics industry)
- Increased costs due to rising raw material and energy prices
- Uncertainty in petroleum product prices and supply-demand trends due to escalating tensions in the Middle East
- Deterioration of the business environment due to sharp exchange rate fluctuations and U.S. tariff policy, among other factors
- Risk of revenue concentration among major customers
Last updated: June 25, 2026