Konoike Transport

Basic Information

Stock Code
9025
Industry
Land Transportation Industry
Category Detail
Warehousing & Logistics
Prefecture
Osaka Prefecture
Establishment Year
May 1945
Listing Year
March 2013
Official Website
https://www.konoike.net/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
SBS Holdings, Area Link, Sankyu, AZ-COM Maruwa Holdings, NIPPON EXPRESS HOLDINGS, Mitsubishi Warehouse, Mitsui Warehouse Holdings, Sumitomo Warehouse, Shibusawa Warehouse, Nippon Transcity, Yasuda Warehouse, Toyo Tech

Overview

Konoike Transport is a comprehensive logistics company established in 1945, with strengths in temperature-controlled logistics and port transportation both at home and abroad, providing high-quality logistics services mainly in the food and steel sectors.

Current Situation

Konoike Transport achieved consolidated sales of approximately 301.4 billion yen and operating profit of approximately 10.3 billion yen in the fiscal year ended March 2022, maintaining solid performance. Its mainstay temperature-controlled logistics business continues to expand both domestically and internationally, with high warehouse ownership rates in the US and China serving as a source of competitiveness. It is also expanding bases in Southeast Asian countries and building refrigerated and frozen logistics networks, focusing on emerging market development. At the same time, it is engaged in manufacturing outsourcing and in-factory work outsourcing to meet diverse customer needs. It is actively introducing advanced technologies such as robotization and relay base installations to reduce environmental impact and labor burden. It is exploring new revenue pillars through entry into medical-related logistics and airport/air cargo fields. It is promoting growth strategies toward 2030 through the construction of sustainable logistics networks.

Trivia

Interesting Facts

  • Konoike Transport is a long-established transportation company founded in 1880.
  • Holds about 60% share of frozen warehouses in the Los Angeles area of the US.
  • First Japanese logistics company to establish a base in Vietnam.
  • Permanently exhibits its in-house developed robot arms at Grand Front Osaka.
  • Established a joint venture with a local company in India in the medical logistics field.
  • First Japanese logistics company to enter Bangladesh.
  • Focusing on building temperature-controlled logistics networks in Southeast Asia.
  • Subsidiary operates JAL Group's Kansai area ground support operations.
  • Forms a strong network in refrigerated and frozen logistics domestically and internationally.
  • Labor burden reduction through relay base installations for long-distance truck transportation.
  • Deploys a wide range of logistics services through group subsidiaries.
  • Thorough quality management with ISO9002 and ISO14001 certifications.
  • Operating environmentally considerate recycling equipment RC resource recycling furnace.
  • Promoting advanced IT and robotization initiatives in the domestic logistics industry.
  • Originated from Konoike-gumi, with the logistics division becoming independent to the present.

Hidden Connections

  • Sekisui House and parent holding company Ho Holdings have business and capital alliance.
  • Subsidiary undertakes most of JAL Group's Kansai Airport ground operations.
  • Leading market development as the first Japanese logistics company in Bangladesh.
  • Strengthening collaboration with local companies in the medical logistics field in India.
  • Holds high share in port logistics, especially on the US West Coast.
  • Directly exhibits its own logistics robot technology at Grand Front Osaka.
  • Has subsidiaries covering a wide range including air ground support and warehouse operations.
  • Active M&A activities toward building temperature-controlled logistics networks across Southeast Asia.

Future Outlook

Growth Drivers

  • Expansion of frozen/refrigerated logistics demand in food sector domestically and internationally
  • Increasing logistics infrastructure demand in Southeast Asia and South Asia markets
  • Growth of specialized services in medical logistics field
  • Acceleration of logistics efficiency through IoT and AI utilization
  • Expansion of eco-logistics demand in response to strengthened environmental regulations
  • Promotion of robot technology introduction to address labor shortages
  • Increasing needs for diversification of international cargo transportation
  • Opportunity creation from restructuring of global supply chains
  • Advanced value-added manufacturing outsourcing operations
  • Economic growth and consumption expansion in emerging countries

Strategic Goals

  • Achieve 20% increase in total logistics volume domestically and internationally
  • Strengthen global deployment and share expansion of temperature-controlled logistics network
  • 50% improvement in operation efficiency through latest robot technology
  • CO2 emission reduction target of 30% for environmental impact reduction
  • Develop medical and airport logistics businesses into major revenue pillars
  • Promote employee satisfaction improvement and diverse talent utilization
  • Raise logistics digitalization rate to over 80%
  • Expand sustainable certified logistics facilities to 30 locations
  • Establish bases in new overseas markets and regional closeness through M&A
  • Global standardization of safety management system

Business Segments

Food Logistics

Overview
Provides safe and efficient refrigerated/frozen logistics services specialized for the food industry.
Competitiveness
Stable supply through temperature-controlled logistics network spanning Japan and overseas
Customers
  • Food Manufacturers
  • Supermarkets & Chain Stores
  • Food Wholesalers
  • Food Service Industry
  • Frozen Food Manufacturers
Products
  • Low-Temperature Warehouse Storage
  • Refrigerated/Frozen Delivery
  • Temperature-Controlled Logistics Network Construction
  • Quality Management Support
  • Food Safety Response Services

Steel & Manufacturing Outsourcing

Overview
Services that undertake logistics and work management at manufacturing sites to support efficiency.
Competitiveness
High-precision on-site support based on years of track record
Customers
  • Steel Manufacturers
  • Machinery Manufacturers
  • Automotive Parts Manufacturers
  • Construction-Related Companies
  • Factory Operation Management Companies
Products
  • In-Factory Logistics Management
  • Manufacturing Line Work Outsourcing
  • Equipment Maintenance Support
  • Heavy Cargo Transportation
  • Material Management

International Logistics & Port Transportation

Overview
Deploys global logistics services such as port cargo handling and transportation arrangements.
Competitiveness
Ownership of warehouses at major overseas bases such as in the US and China
Customers
  • Importers/Exporters
  • Port Operators
  • Customs Brokers
  • Shipping Companies
  • Manufacturers
Products
  • Port Cargo Handling
  • International Cargo Transportation
  • Customs Clearance Operations
  • Warehouse Management
  • Transportation Arrangements

Airport Ground Support & International Cargo

Overview
Support services for airport cargo and ground operations centered on Kansai International Airport, etc.
Competitiveness
Stable operations through collaboration with JAL Group
Customers
  • Airlines
  • Airport Operators
  • Logistics Companies
  • Importers/Exporters
Products
  • Airport Ground Support Services
  • Air Cargo Handling
  • Customs Procedure Support
  • Cargo Packing & Delivery
  • Cargo Tracking Management

Medical Logistics & Related Services

Overview
Provides logistics and data services specialized for the medical field.
Competitiveness
Specialized knowledge in medical materials and collaboration with local companies
Customers
  • Medical Device Manufacturers
  • Medical Institutions
  • Pharmaceutical Companies
  • Medical Supply Suppliers
Products
  • Medical Materials Logistics
  • Sterilization and Cleaning Services
  • Medical Information Database Construction
  • Logistics Network
  • Pharmaceutical Transportation

Worker Dispatch & Manufacturing Outsourcing

Overview
Deploys personnel services for logistics and manufacturing sites.
Competitiveness
Extensive personnel network specialized for the logistics industry
Customers
  • Warehouse Operators
  • Manufacturing Factories
  • Transportation Companies
  • Logistics-Related Companies
Products
  • Worker Dispatch
  • Manufacturing Outsourcing
  • Logistics Support Staff Provision
  • Training & Education Support
  • Personnel Management

Overseas Logistics Base Construction Support

Overview
Supports construction of logistics networks in Southeast Asia, the US, China, etc.
Competitiveness
Network enhancement through local corporation operations and M&A
Customers
  • Overseas Expansion Companies
  • Trading Companies
  • Manufacturers
  • Local Partner Companies
Products
  • Logistics Network Construction
  • Warehouse Establishment Support
  • Local Corporation Establishment
  • Transportation Consulting
  • Local Operation Management

Frozen & Temperature-Controlled Logistics Systems

Overview
Covers all logistics services for products requiring temperature control.
Competitiveness
Advanced temperature control technology and network strengths
Customers
  • Food Processing Companies
  • Distribution Companies
  • Agricultural Product Exporters
  • Pharmaceutical Companies
Products
  • Low-Temperature Warehouse Equipment
  • Temperature-Controlled Delivery Services
  • Quality Monitoring Systems
  • Temperature-Controlled Truck Transportation
  • Logistics IT Support

Heavy & Special Cargo Transportation

Overview
Provides specialized transportation and safety management for heavy cargo.
Competitiveness
Experienced on-site operation management system
Customers
  • Construction Companies
  • Manufacturers
  • Infrastructure Businesses
  • Heavy Machinery Manufacturers
Products
  • Heavy Cargo Transportation Services
  • Special Vehicle Arrangements
  • Material Delivery Planning
  • Loading/Unloading Operations
  • Safety Management

Logistics IT & Automation Support

Overview
Implements technology support for automation and efficiency at warehouses and delivery sites.
Competitiveness
Unique solutions through in-house developed technologies
Customers
  • Warehouse Operators
  • Logistics Companies
  • Manufacturers
  • Distribution Companies
Products
  • Warehouse Automation Equipment
  • Robot Arm Development
  • Conveyor System Introduction Support
  • IT Management Systems
  • Data Analysis Services

Global Transportation Consulting

Overview
Global logistics consulting aimed at transportation efficiency and cost reduction.
Competitiveness
Advanced local situation analysis and optimization proposals
Customers
  • Manufacturers
  • Trading Companies
  • Logistics Companies
  • Importers/Exporters
Products
  • Transportation Route Optimization
  • International Cargo Handling
  • Customs Consulting
  • Logistics Cost Reduction Support
  • Risk Management

Environmentally Friendly Logistics Business

Overview
Deploys sustainable logistics services with consideration for environmental impact.
Competitiveness
Promotion of environmental technologies such as RC resource recycling furnaces
Customers
  • Eco-Promoting Companies
  • Manufacturers
  • Distribution Companies
  • Warehouse Operators
Products
  • Low-Environmental Impact Logistics
  • Recyclable Resource Transportation
  • Eco-Vehicle Introduction Support
  • Waste Management Logistics
  • CO2 Reduction Plans

Competitive Advantage

Strengths

  • Extensive temperature-controlled logistics network domestically and internationally
  • High track record in port logistics
  • In-factory manufacturing outsourcing expertise
  • One-stop provision of diverse logistics services
  • Reliability backed by long history
  • Overseas local subsidiaries and expansion through M&A
  • Efficiency improvements through advanced robotics introduction
  • Specialized entry into medical logistics field
  • Strong partnership system for airport ground support operations
  • Systematic personnel dispatch service deployment
  • Broad customer base and stable business relationships
  • Flexible response to diverse market needs
  • Comprehensive strength in transportation and warehouse management
  • High safety management capabilities
  • Promotion of environmentally considerate logistics

Competitive Advantages

  • Owns nearly 60% of refrigerated/frozen warehouses in the Los Angeles area of the US
  • Possesses the latest temperature-controlled logistics center in Jiangsu Province, China
  • Deploys local subsidiaries in multiple Southeast Asian countries
  • Diversified services including in-factory work outsourcing and manufacturing support
  • Stable operations of air cargo and airport ground support through subsidiaries
  • In-house development of advanced robot arm technology
  • Establishment of joint ventures in medical materials logistics and medical field
  • Labor burden reduction through relay base installations for long-distance truck transportation
  • Airport ground services in collaboration with JAL Group
  • Construction of international logistics network spanning multiple industries
  • Stable employee collaboration through employee stock ownership programs
  • Quality assurance through ISO9002 and ISO14001 certifications
  • Stable financial base with net assets exceeding 100 billion yen
  • Expansion of group structure through subsidiary acquisition of multiple logistics-related companies
  • 対応 to diverse industrial sectors in Japan and overseas

Threats

  • Labor shortage across the logistics industry and difficulty securing drivers
  • Uncertainty in global economy and exchange rate risks
  • Potential impact from international trade friction and regulatory strengthening
  • Technological innovation pressure from emerging logistics and IT companies
  • Employee securing and technology succession issues due to aging population
  • Risks to ports and transportation from climate change
  • Intensifying competition domestically and internationally leading to price competition
  • Cost increases due to strengthened environmental regulations
  • Expanding cybersecurity risks
  • Risk of logistics network disruption due to natural disasters
  • Potential impact from political instability or pandemics
  • Increased operational burden from strengthened compliance

Innovations

2024: Permanent Exhibition of Next-Generation Robot Arms Begins

Overview
Installed a permanent exhibition booth for the latest robot arms at Grand Front Osaka.
Impact
Contributes to improved logistics operation efficiency and reduced labor burden.

2023: Partnership with German Company for Warehouse Automation

Overview
Entered into a strategic partnership with a German automated warehouse system company to promote automation.
Impact
Succeeded in warehouse operation efficiency and labor reduction.

2022: Establishment of Medical Materials Logistics Joint Venture (India)

Overview
Established a joint venture for medical logistics and database business with a local partner.
Impact
Successfully entered the medical logistics market.

2021: Relay Base Installation to Reduce Truck Driver Burden

Overview
Opened a relay base in Shizuoka Prefecture for long-distance transportation to promote driver shifts.
Impact
Contributes to improved working environment and delivery quality.

2020: New Temperature-Controlled Logistics Center in Jiangsu Province, China Begins Operations

Overview
Newly constructed and started operations of a temperature-controlled logistics center with the latest equipment.
Impact
Successfully strengthened competitiveness in local food logistics.

Sustainability

  • Promotion of eco-vehicle introduction to reduce environmental impact of logistics operations
  • Operation start of waste recycling equipment RC resource recycling furnace
  • Strengthening employee health management and labor environment improvement activities
  • Promotion of warehouse energy-saving for green logistics
  • Promotion of CSR activities conscious of coexistence with local communities
  • Enrichment of training and education programs for labor safety
  • Setting CO2 emission reduction targets in the supply chain
  • Efforts to reduce food loss through new temperature-controlled technologies
  • Promotion of women's active roles and diverse work styles
  • Thorough compliance with environmental standards and monitoring at overseas bases
  • Strengthening safety management and maintaining sustainable logistics quality
  • Promoting efficiency through digital transformation