ASAGAMI CORPORATION
9311・Standard Market・Warehousing & Harbor Transportation Services
ASAGAMI CORPORATION
9311・Standard Market・Warehousing & Harbor Transportation Services
Logistics Business
The core segment of the Asagami Group, accounting for approximately 58% of sales composition.
| Period | Current | Previous | Change |
|---|---|---|---|
| Sales (full year) | ¥22,758 million | ¥21,776 million | ↑ |
| Segment profit (full year) | ¥2,221 million | ¥1,977 million | ↑ |
| Segment assets (full year) | ¥12,512 million | ¥12,217 million | ↑ |
| Depreciation (full year) | ¥815 million | ¥788 million | ↑ |
| Capital expenditures (full year) | ¥913 million | ¥799 million | ↑ |
Business Details
Comprised of three divisions: the Warehousing Division (storage and inbound/outbound handling of deposited cargo), the Port Forwarding Division (shipping and air transport procedures and port cargo handling), and the Transportation Division (freight trucking and forwarding). Handles industrial cargo such as steel and construction machinery as its main products, providing integrated logistics services from ports to inland transport. Key affiliated companies include Asagami Logistics Co., Ltd., Asagami Heavy Equipment Operations Co., Ltd., Kouun Yuso Kogyo Co., Ltd., and White Transport Co., Ltd.
Recent Overview
Driven by the Transportation and Port Forwarding Divisions, both sales and profit increased year on year.
In FY2026 (ending March 2026), the Logistics Business posted sales of ¥22,758 million (up 4.5% year on year) and operating profit of ¥2,221 million (up 12.3% year on year). The Transportation Division benefited from price revisions and increased crane work volume for steel pipe materials, achieving sales of ¥13,972 million (up 5.4%), while the Port Forwarding Division saw sales of ¥6,931 million (up 4.5%) driven by increases in steelmaking-related work and construction machinery exports. Meanwhile, the Warehousing Division posted sales of ¥1,855 million (down 1.4%) due to a decline in storage handling volume at logistics centers. Fuel prices rose sharply toward the end of the fiscal year, and downward cost pressure continues.
Key Products
Growth Drivers
- Improved unit prices through price revisions implemented in response to rising logistics costs (the '2024 problem')
- Increase in steelmaking-related work volume and steel pipe material crane work volume
- Increase in export handling volume of construction machinery (Port Forwarding Division)
- Improved management efficiency through consolidation of the 3PL division into the Transportation Division
Risks
- Chronic labor shortage, with the effective job openings-to-applicants ratio for driver positions remaining at high levels
- Cost pressure from fuel prices remaining elevated, including a sharp spike toward the end of the fiscal year
- Demand fluctuations in key products such as declining domestic transport volume of construction machinery and reinforcing steel bars
- Risk of decreased air cargo handling volume due to the impact of US tariff policy
- Sluggish profitability in the Warehousing Division due to declining storage handling volume at logistics centers
Last updated: June 24, 2026