Maruhachi Warehouse Company, Limited
9313・Standard Market・Warehousing & Harbor Transportation Services
Maruhachi Warehouse Company, Limited
9313・Standard Market・Warehousing & Harbor Transportation Services
Logistics Business
Core business comprising warehousing, transportation, and freight forwarding, accounting for approximately 86% of consolidated net sales
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment net sales (H1 cumulative) | ¥2,175 million | ¥2,136 million | ↑ |
| Segment profit (H1 cumulative) | ¥347 million | ¥373 million | ↓ |
| Share of consolidated net sales (H1) | approx. 86% | approx. 87% | — |
Business Details
Composed of three businesses: Warehousing Operations (Storage & Cargo Handling), General Motor Truck Transportation Business (operated by Tohoku Maruhachi Unyu Co., Ltd., based in the Tohoku region), and freight forwarding operations. The segment's strength lies in its "logistics concierge"-type solution proposals leveraging 3PL know-how, driving both expansion of transactions with existing customers and acquisition of new customers. The new warehouse in Tokorozawa City, Saitama Prefecture, and the new document storage center in Yachimata City, Chiba Prefecture, are operating smoothly, contributing to increased storage capacity.
Recent Overview
Net sales increased, but segment profit declined year on year due to large-scale repair work
In the first half of FY2026 (ending November 2026) (December 2025 to May 2026), net sales in the Logistics Business increased by ¥39 million year on year to ¥2,175 million, driven by increases in storage fee income, cargo handling fee income, and warehouse rental fee income. On the other hand, segment profit came to only ¥347 million, down ¥25 million year on year, due to increased expenses associated with large-scale repair work on existing facilities. In addition, an impairment loss of ¥61 million (extraordinary loss) was recorded in the Logistics Business segment due to a change in the estimate of restoration costs associated with real estate lease agreements.
Key Products
Growth Drivers
- Improved earnings from the continued penetration of fee optimization effects for storage fees, cargo handling fees, and warehouse rental fees
- Increased storage capacity from the smooth operation of the new warehouse in Tokorozawa City, Saitama Prefecture, and the new document storage center in Yachimata City, Chiba Prefecture
- Strengthened sales base through expansion of transactions with existing customers and acquisition of new customers
- Improved cost structure through continued cost reduction measures of various kinds
- Stable earnings secured through maintenance of high utilization rates at each business office
Risks
- General cost increases due to labor shortages and rising prices of various goods
- Price pressure and sluggish growth in storage volume due to intensifying competition
- Impact on domestic freight movement stemming from trends in U.S. trade policy, etc.
- Pressure on segment profit due to repair costs incurred from large-scale repair work on existing facilities
- Risk of recording impairment losses due to changes in estimates of restoration costs associated with real estate lease agreements
- Risk of impairment of fixed assets (decline in recoverable amount due to market price fluctuations)
Last updated: February 25, 2026