Azuma Shipping Co.,Ltd.

9380・Standard Market・Warehousing & Harbor Transportation Services

9380・Standard Market・Warehousing & Harbor Transportation Services

Azuma Shipping Co.,Ltd.9380

Reference Indicators

Market Cap

120¥100M

P/E (Forecast)

—

P/B

0.6x

Dividend Yield (Forecast)

2.16%

ROE

4.0%

EV/EBITDA

7.6x

Financial Summary

Unit: ¥M

Item	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Net Sales	39,613	41,467	39,746	39,399	40,148
Gross Profit	3,729	3,869	3,574	4,023	4,300
SG&A Expenses	3,044	3,203	3,286	3,335	3,431
Operating Income	684	666	288	688	868
Non-operating Income	336	428	290	249	280
Non-operating Expenses	130	153	426	198	168
Ordinary Income	889	941	152	739	981
Extraordinary Income	680	62	563	412	263
Extraordinary Losses	569	471	173	314	280
Pre-tax Income	1,001	532	542	837	964
Income Taxes	346	288	206	244	231
Net Income	635	197	317	578	722
EBITDA	1,956	1,917	1,509	2,001	2,375
Gross Margin	9.4%	9.3%	9.0%	10.2%	10.7%
Operating Margin	1.7%	1.6%	0.7%	1.7%	2.2%
ROA	1.7%	0.5%	0.8%	1.4%	1.6%
ROE	4.0%	1.2%	1.9%	3.4%	4.0%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
物流事業	29,977	1,819	6.1%
海運事業	9,132	481	5.3%
不動産事業	777	632	81.3%
その他事業	260	-34	-13.1%
その他	0	0	0.0%

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