ENVALITH
東陽倉庫株式会社 logo

Toyo Logistics Co.,Ltd.

9306Standard MarketWarehousing & Harbor Transportation Services

東陽倉庫株式会社 logo
Toyo Logistics Co.,Ltd.9306

Logistics Business

The core segment of the Toyo Warehouse Group, accounting for approximately 98% of total operating revenue, comprising integrated logistics operations

PeriodCurrentPreviousChange
Operating Revenue (Logistics Business, FY2026 (ending March 2026))¥29,545 million¥28,518 million
Segment Profit (Logistics Business, FY2026 (ending March 2026))¥1,816 million¥1,640 million
Segment Profit Margin (Logistics Business, FY2026 (ending March 2026))6.1%5.8%
Segment Assets (Logistics Business, FY2026 (ending March 2026))¥29,898 million¥29,681 million
Depreciation (Logistics Business, FY2026 (ending March 2026))¥1,434 million¥1,323 million
Increase in Tangible and Intangible Fixed Assets (Logistics Business, FY2026 (ending March 2026))¥1,946 million¥2,303 million

Business Details

An integrated logistics segment whose main operations consist of cargo storage, cargo handling, transportation, customs clearance, international multimodal transport, and related services. The segment operates across the Warehousing (Storage & Cargo Handling), Port Transportation Business, Land Transportation Business, Distribution Processing & Distribution Center Business, and International Transportation Business (3PL & Global), serving a diverse customer base. With the promotion of 3PL logistics and the expansion of overseas bases as core strategic pillars, the business network extends from Nagoya as its hub into the Kanto and Kansai regions and overseas. The logistics facility opened in Chita City in July 2025 achieved early full-scale operation, contributing to revenue growth.

Recent Overview

Increased revenue and profit driven by early full-scale operation of the new Chita City logistics facility and strong performance in port and international transportation

In the Logistics Business for FY2026 (ending March 2026), operating revenue increased by ¥1,026 million (up 3.6%) year on year to ¥29,545 million, and segment profit increased by ¥176 million (up 10.8%) year on year to ¥1,816 million. The main factors behind the revenue increase were the early full-scale operation of the Chita City logistics facility opened in July 2025, solid performance in port transportation due to an increase in aluminum ingot and export cargo handling, and an increase in air cargo on the back of the weak yen. On the other hand, warehousing handling of food industrial products and other goods trended sluggishly.

Key Products

service
Warehousing (Storage & Cargo Handling)

Storage balances trended solidly due to an increase in nonferrous metals and other goods from the Middle East and South America. Meanwhile, overall handling volume was sluggish due to a decline in food industrial products and other items. The logistics facility opened in Chita City in July 2025 achieved early full-scale operation, becoming a contributing factor to the increase.

service
Land Transportation Business

The Land Transportation Business trended in line with the same period of the previous fiscal year. In the breakdown of operating costs on a non-consolidated basis, transportation costs accounted for 36.58% of operating costs, the largest cost item, indicating the scale of the business.

service
Port Transportation Business

The business trended solidly due to an increase in aluminum ingot handling and an increase in export cargo, among other factors. The business operates port cargo handling and customs clearance operations centered around the Port of Nagoya.

service
Distribution Processing & Distribution Center Business

The Distribution Processing Business and the Distribution Center Business each trended in line with the same period of the previous fiscal year. As part of 3PL logistics, the business responds to customers' logistics outsourcing needs.

service
International Transportation Business (3PL & Global)

The business trended solidly as air cargo increased due to the impact of the weak yen. The company is expanding its overseas network centered on Asia and working to enhance the sophistication of its global operational structure.

Growth Drivers

  • Expansion of handling volume through full-scale operation of the Chita City logistics facility opened in July 2025
  • Solid trend in storage balances of nonferrous metals and other goods from the Middle East and South America
  • Increase in international transportation (air cargo) against the backdrop of the weak yen
  • Expansion of the Port Transportation Business due to increased aluminum ingot and export cargo handling
  • Strengthening of the transportation network and distribution bases through the promotion of 3PL logistics
  • Enhancement of global operations through the expansion of the overseas network centered on Asia

Risks

  • Downward pressure on storage and cargo handling revenue due to sluggish warehousing handling volume of food industrial products and other goods
  • Rising transportation costs due to labor shortages and increases in fuel and labor costs
  • Fluctuations in cargo movement due to shifts in US trade policy and geopolitical risks
  • Cost pressure from increased rental expenses for warehouses and other facilities (up ¥205 million year on year)
  • Impact on the International Transportation Business from the slowdown in the automotive industry in Thailand and other overseas markets
  • Increased capital expenditure burden for carbon neutrality initiatives

Last updated: June 22, 2026