Mitsuuroko Group Holdings

Basic Information

Stock Code
8131
Industry
Wholesale
Category Detail
Building Materials, Electrical Equipment & Metal Wholesalers
Prefecture
Tokyo
Establishment Year
May 1926
Listing Year
August 1962
Official Website
https://www.mitsuuroko.com/
TSE Information
TSE Information
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Overview

Mitsuuroko Group Holdings is a holding company established in 1926, representing one of Japan's leading household fuel trading companies with strengths in LP gas wholesale and residential equipment sales.

Current Situation

Mitsuuroko Group Holdings recorded consolidated net sales of approximately 309.1 billion yen, ordinary income of 13.3 billion yen, and net income of 9.1 billion yen for the fiscal year ended March 2024, maintaining a solid financial base. Its main business is LP gas wholesale, and it operates as a comprehensive energy trading company also involved in gas stations, city gas, and electricity businesses. In recent years, centered on Mitsuuroko Vessel, it has undertaken restructuring of energy operations and regional subsidiary spin-offs, expanding its business areas into construction, logistics, real estate leasing, and food and beverage sectors. It is actively participating in renewable energy fields such as wind power, solar power, and biomass power generation operations that consider the environment. Additionally, it operates bottled water businesses and restaurants within the group, promoting diversified management. In the 2020s, it is expanding overseas operations and forming capital alliances with EV charging infrastructure, aiming for sustainable growth. It plans to focus on logistics efficiency improvements and strengthening sustainable businesses to respond to environmental changes.

Trivia

Interesting Facts

  • Founded in 1886 starting from transportation business, a company with a long history.
  • The 'three scales' logo derives from the alliance of three companies.
  • Long-term sponsor of the TV anime 'Chibi Maruko-chan'.
  • Holds a powerful nationwide sales network as a major LP gas wholesaler.
  • Group operates over 400 gas stations domestically.
  • Mitsuuroko Green Energy supports renewable energy.
  • Motomachi Coffee restaurants are popular as regional community cafes.
  • Operates self-storage business in Singapore.
  • Logistics division overseen by core company Logitri Holdings.
  • Inheriting and growing the Katsumizu brand in bottled water business.
  • Mitsuuroko Group HD pursues diversification and environmental consideration as strategies.
  • New entry into EV charging station field in 2023.
  • Implemented restructuring of restaurant business in 2024.
  • Carl's Jr. Japan business sold in 2024.
  • Diverse regional capitals and major corporations listed as major shareholders.

Hidden Connections

  • The three scales logo represents the alliance of three companies and symbolizes transportation roots.
  • Mitsuuroko Foods and Mitsubishi Pencil logos are completely unrelated and independent.
  • Holding company structure oversees operations of diverse business types.
  • Restaurants and energy businesses are managed strategically in separate systems.
  • Logistics business segmentation and integration promote efficiency by region.
  • Multifaceted expansion in Asia through Singapore investment company.
  • Major shareholders include major insurance companies and ENEOS Group.
  • Pro sports-related business developed by Mitsuuroko Sports.

Future Outlook

Growth Drivers

  • Expansion of renewable energy demand in response to decarbonization society
  • Acceleration of charging infrastructure development with EV proliferation
  • Increased demand for LP gas-related equipment in housing renovation market
  • Efficiency improvements in fuel delivery through logistics rationalization
  • Growth in bottled water and restaurant businesses due to rising health consciousness

Strategic Goals

  • Raise renewable energy sales ratio to over 30%
  • Expand EV charging station installations in major domestic cities
  • Continuously strengthen efforts to reduce group environmental impact by 5% annually
  • Expand overseas revenue ratio to 20% and deepen diversification
  • Expand market share in regional community-focused restaurant and provisions business

Business Segments

Fuel Wholesale and Supply

Overview
Handles wide-area wholesale supply of LP gas and petroleum products, collaborating with regional companies.
Competitiveness
Strong nationwide regional sales network
Customers
  • Residential LP gas companies
  • Industrial fuel operators
  • Gas sales companies
  • Energy-related corporations
  • Facility management companies
Products
  • LP gas wholesale
  • Petroleum products wholesale
  • City gas supply
  • Gasoline and light oil wholesale
  • Related equipment

Energy-Related Equipment

Overview
Expands sales, installation, and maintenance of gas and electricity-related equipment.
Competitiveness
Abundant product range and service network
Customers
  • Gas supply operators
  • Electricity companies
  • Residential equipment sales companies
  • Commercial facility managers
Products
  • Gas appliance sales
  • Water heaters and heating equipment
  • Electrical equipment installation
  • Maintenance services

Logistics and Transportation

Overview
Provides efficient fuel and integrated logistics services.
Competitiveness
Promotion of logistics efficiency within and outside the group
Customers
  • Fuel delivery companies
  • Retail stores
  • Manufacturing
  • Trading company logistics divisions
Products
  • Fuel logistics services
  • Delivery vehicle management
  • Warehouse management
  • Transportation optimization

Bottled Water OEM and Sales

Overview
Strengthens bottled water manufacturing OEM, sales, and delivery.
Competitiveness
Regional closeness and collaboration with major manufacturers
Customers
  • Beverage manufacturers
  • Sales agents
  • Convenience stores
  • Restaurant chains
Products
  • Mineral water
  • Soft drinks
  • OEM production
  • Bottled water delivery services

Restaurant Operations Support

Overview
Expands restaurant operations and FC business support.
Competitiveness
Expertise in operating multiple formats
Customers
  • Cafe chains
  • Food service industry
  • Franchise stores
  • Commercial facility management
Products
  • Restaurant management
  • FC operations management
  • Food and beverage product planning
  • Sales promotion support

Real Estate Management and Leasing

Overview
Implements real estate leasing and mixed-use commercial facility operations management.
Competitiveness
Strength in central urban locations
Customers
  • Commercial building owners
  • Tenant companies
  • Investors
  • Facility management companies
Products
  • Commercial facility leasing
  • Office building management
  • Mixed-use facility operations
  • Real estate planning

Leasing and Financing Services

Overview
Focuses on corporate leasing and financial support.
Competitiveness
Flexibility responsive to customer needs
Customers
  • Small and medium enterprises
  • Manufacturing
  • Services
  • Distribution
Products
  • Equipment leasing
  • Business financing
  • Fundraising support
  • Financing

Printing and Digital Marketing

Overview
Provides printing and digital marketing services.
Competitiveness
Integration of diverse marketing methods
Customers
  • Distribution
  • Advertising agencies
  • Manufacturing
  • EC operators
Products
  • Printed materials production
  • Web marketing
  • EC site operations
  • Digital advertising

Sports and Wellness Facility Operations

Overview
Contributes to sports facility operations and regional wellness promotion.
Competitiveness
Regional diversified management
Customers
  • Local residents
  • Corporate groups
  • Sports teams
  • Tourism operators
Products
  • Bowling alley operations
  • Hot spring facility management
  • Wellness programs
  • Event operations

Overseas Investment and Business Management

Overview
Expands overseas operations centered on Singapore and manages investments.
Competitiveness
Multinational operations framework
Customers
  • Local operators
  • Investors
  • Logistics companies
  • Real estate management companies
Products
  • Self-storage business
  • Investment fund operations
  • Local management
  • Overseas investment

Environment and Renewable Energy

Overview
Promotes renewable energy businesses aimed at reducing environmental impact.
Competitiveness
Integration of multiple energy technologies
Customers
  • Local governments
  • Operators
  • Investors
  • Local companies
Products
  • Wind power plant operations
  • Solar power installations
  • Mega solar operations
  • Biomass power generation

Competitive Advantage

Strengths

  • Domestic major LP gas wholesale network
  • Diversified business expansion rooted in regions
  • Promotion of renewable energy business
  • Holding company structure with diverse related businesses
  • Solid financial base and high profit margins

Competitive Advantages

  • Strong LP gas distribution network across wide regions for competitive superiority
  • Broad business expansion from energy to beverages and restaurants
  • Active entry into renewable energy field with technological capabilities
  • Efficient management structure utilizing group companies
  • Cost advantages from logistics and supply chain efficiency

Threats

  • Risk of profit pressure from fuel price fluctuations
  • Intensifying competition in renewable energy market
  • Burden of responding to stricter regulations and changing environmental standards
  • Concerns over declining housing demand due to population decrease
  • Challenges in rapidly responding to technological innovations in the energy industry

Innovations

2023: EV Charging Station Business Expansion

Overview
Capital and business alliance with Your Stand, an EV charging station operator.
Impact
Market expansion in EV facilities and securing new revenue sources.

2022: Furniture Subscription Business Launch

Overview
Began collaboration with Social Interior, a furniture subscription company.
Impact
Strengthening entry into new lifestyle infrastructure businesses.

2021: Entry into Self-Storage Business

Overview
Overseas expansion by acquiring all shares of a Singapore self-storage company.
Impact
Diversification of Asian business base and strengthening stable revenue.

2020: Establishment of Overseas Business Management Company

Overview
Accelerated overseas expansion by establishing TRIFORCE Investments in Singapore.
Impact
Strengthening investment management system for overseas markets.

Sustainability

  • Expansion and promotion of renewables such as wind and solar power
  • Introduction of fuel efficiency technologies to reduce environmental impact
  • Implementation of environmental conservation activities in coordination with local communities
  • Adoption of energy-saving equipment and awareness campaigns
  • Strengthening measures to reduce environmental impact in group logistics