Daiwa Motor Transportation Co., Ltd.
9082・Standard Market・Land Transportation
Passenger Automobile Transportation Business
Core business of the Yamato Kotsu Group. Operates taxi and hire car services.
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (Passenger Automobile Transportation Business, full year) | ¥14,837 million | ¥13,914 million | ↑ |
| Operating income/loss (Passenger Automobile Transportation Business, full year) | ¥350 million | -¥38 million | ↑ |
| Taxi segment sales (full year) | ¥11,875 million | Up 7.1% year on year | ↑ |
| Hire car segment sales (full year) | ¥2,962 million | Up 4.6% year on year | ↑ |
| Depreciation and amortization (Passenger Automobile Transportation Business, full year) | ¥432 million | ¥441 million | ↓ |
| Segment assets (end of fiscal year) | ¥7,096 million | ¥6,377 million | ↑ |
Business Details
Operates the Taxi Business (multiple subsidiaries including Yamato Kotsu Fuchu Co., Ltd.) and the Hire Car Business (including Yamato Kotsu Hire Co., Ltd.), centered mainly in Tokyo. Accounts for approximately 74.5% (¥14,837 million) of consolidated net sales in FY2026 (ending March 2026). Improving profitability by establishing the revised taxi fares and boosting utilization rates through driver recruitment activities, while promoting a business structure transformation with an eye toward MaaS, AI, and autonomous driving.
Recent Overview
The consolidation of a subsidiary, an increase in drivers, and fare revisions combined to boost sales and achieve a turnaround to operating profit.
In addition to Yamato Kotsu Fuchu Co., Ltd. (formerly Jussen Kotsu Co., Ltd., acquired in December 2024) being consolidated from the beginning of the fiscal year, utilization rates rose due to the results of ongoing driver recruitment activities and the acceptance of drivers from partner companies. Furthermore, with the implementation of the Tama area taxi fare revision on March 16, 2026, sales in the Passenger Automobile Transportation Business reached ¥14,837 million (up 6.6% year on year), and operating income turned positive at ¥350 million (compared to an operating loss of ¥38 million in the prior year).
Key Products
Growth Drivers
- Expansion of sales scale through the consolidation of Yamato Kotsu Fuchu Co., Ltd. (formerly Jussen Kotsu Co., Ltd.), acquired in December 2024
- Improved vehicle utilization rates resulting from ongoing taxi driver recruitment activities
- Securing an immediately effective workforce through the acceptance of drivers from partner companies
- Unit price improvement through taxi fare revisions in the Tama area in March 2026 and in the Tokyo special wards and Musashi area in April 2026
- Increased usage by inbound travelers following the start of integration between the ride-hailing app "S.RIDE" and the overseas ride-hailing app "Uber" (planned for June 2026)
- Increased travel demand due to the recovery of inbound demand and expansion of personal consumption
Risks
- Cost increase pressure due to chronic driver shortages and persistently high recruitment expenses
- Increased expenses due to rising prices across the board, including higher fuel unit costs
- Risk of intensifying competition due to the spread and expansion of Japan's ride-sharing system
- The need to respond to major changes in business structure driven by the advancement of MaaS, AI, and autonomous driving
- Damage compensation negotiations (currently under settlement negotiation) related to a personal injury accident that occurred in October 2022 at a subsidiary, Yamato Kotsu Kichijoji Co., Ltd.
- Structural changes in travel demand due to the entrenchment of telework, etc.
- Rising fuel prices due to the prolonged situation in Iran
Last updated: June 24, 2026