Zero

Basic Information

Stock Code
9028
Industry
Land Transportation Industry
Category Detail
Land Transportation
Prefecture
Kanagawa Prefecture
Establishment Year
October 1961
Listing Year
August 2005
Official Website
https://www.zero-group.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
NCD, S.U.S., Higashi HD, Hamakyorex, Enshu Truck, Maruzen Showa Transport, Senko Group Holdings, Tonami Holdings, Nikkon Holdings, Fukuyama Transport, Chuo Warehouse, Kyuso Circulation Systems

Overview

Zero is a major land transportation company established in 1961, specializing primarily in finished vehicle transportation. It became independent from the Nissan Group and handles transportation for a variety of automobile manufacturers.

Current Situation

Zero achieved consolidated sales of 140.7 billion yen and operating profit of 6.2 billion yen in the fiscal year ending June 2024, maintaining a stable revenue base. The company primarily conducts business centered on finished vehicle transportation and used car auction operations, with customers including Hyundai Motor and BMW in addition to Nissan. After gaining independence from the Nissan Group, it successfully diversified its operations by developing a diverse customer base. It provides efficient logistics services using a variety of trucks, including those from UD Trucks. Following a proactive tender offer, it became a subsidiary of Tan Chong International Ltd., strengthening its financial foundation. While collaborating and competing with industry peers, it focuses on quality improvement. It is also advancing environmentally friendly vehicles and digitalization efforts. Looking ahead, it seeks growth opportunities through IT technology utilization and expansion of domestic and international logistics infrastructure, aiming to strengthen its business foundation and establish a sustainable logistics system by 2030.

Trivia

Interesting Facts

  • Became independent from Nissan Land Transport via MBO
  • Uses many UD Trucks vehicles
  • Also operates used car auctions
  • Former head office site converted to apartments
  • Mid-sized player in the land transportation industry based in Kawasaki City
  • Featured in an NHK Special
  • Long-standing trust and track record in Nissan vehicle transportation
  • Southeast Asian capital involved as shareholder
  • Well-equipped logistics bases in Kanagawa Prefecture
  • Accumulates technology for efficient automobile transportation
  • Possesses unique logistics network specialized in finished vehicle transportation
  • Diversified services through group company collaboration
  • Large organization with over 2,600 employees
  • Expertise in transporting vehicles from multiple manufacturers
  • Actively promoting industry transformation toward environmental considerations

Hidden Connections

  • Broad foundation for expansion into Southeast Asian markets through capital ties with Tan Chong International Ltd.
  • Gained management autonomy through independence influenced by Nissan's revival plan
  • Use of UD Trucks vehicles reflects unique ties as a former Nissan affiliate
  • Used car auction network is a distinctive strength in the industry
  • Focuses on optimizing regional transportation in collaboration with Kawasaki City's logistics special zone
  • Former Yokohama head office had an adjacent Nissan dealership, indicating deep industry integration
  • Multiple related subsidiaries enable comprehensive services in the land transportation sector
  • Feature in NHK Special contributed to increased company recognition

Future Outlook

Growth Drivers

  • Stable growth in domestic finished vehicle transportation demand
  • Activation of used car distribution market
  • Advancement of logistics digitalization and automation
  • Vehicle renewal demand accompanying stricter environmental regulations
  • Expansion of global logistics networks
  • Strengthening multi-manufacturer対応 capabilities
  • Efficiency and safety improvements through IT utilization
  • Increasing logistics infrastructure demand in urban areas
  • 対応 to milestones in decarbonized logistics
  • Expansion of regionally rooted services
  • Business quality improvement through human resource development
  • Strengthened collaboration with external partners

Strategic Goals

  • Build logistics system reducing environmental impact by over 30%
  • Become a top-class domestic finished vehicle transportation company
  • IT-ize and expand used car auction business
  • Strengthen and expand global logistics network
  • Achieve sustainable management
  • Improve digital technology adoption rate to over 80%
  • Provide customized logistics meeting diverse customer needs
  • Build strong symbiotic relationship with local communities
  • Prioritize employee safety and health
  • Develop innovative logistics solutions

Business Segments

Finished Vehicle Transportation Segment

Overview
Specializes in providing transportation and logistics management for finished vehicles to automobile manufacturers.
Competitiveness
High transportation technology and reliability gained from independence from the Nissan Group
Customers
  • Automobile Manufacturers
  • Sales Agents
  • Used Car Dealers
  • Logistics Companies
Products
  • Finished Vehicle Logistics Management
  • Delivery Planning
  • Transportation Safety Management

Used Car Distribution Support

Overview
Auction operations and logistics support to streamline used car transactions.
Competitiveness
One-stop service linked with industry transaction networks
Customers
  • Used Car Sellers
  • Vehicle Auction Operators
  • Used Car Logistics Providers
Products
  • Used Car Auction Operations
  • Sales Agency Services
  • Vehicle Transportation Arrangements

General Cargo Transportation Service

Overview
Provides reliable logistics services accommodating a wide range of cargo transportation.
Competitiveness
Advanced cargo management and diverse transportation network
Customers
  • Manufacturing Industry
  • Retail Industry
  • Logistics Companies
  • Warehouse Operators
Products
  • Truck Cargo Transportation
  • Inter-Warehouse Transportation
  • Cold Chain Delivery

Competitive Advantage

Strengths

  • Safe transportation technology derived from Nissan affiliation
  • Flexibility in handling multiple manufacturers
  • High-quality finished vehicle transportation network
  • Stable management with consolidated sales over 140 billion yen
  • Broad customer base and logistics expertise
  • Stability from solid shareholder structure
  • Extensive coverage of domestic logistics
  • Collaboration system with related subsidiaries
  • Superiority in used car auction operations
  • Introduction of advanced transportation management systems
  • Promotion of environmentally friendly vehicle adoption
  • Accumulated transportation know-how
  • Competitive transportation cost structure
  • Human resource development and safe driving education
  • Prompt customer response and issue resolution

Competitive Advantages

  • Brand trust as a former Nissan Group company
  • Transportation capacity consolidating diverse automakers
  • Competitive edge from integrated used car auction operations
  • Robust logistics network based in Kanagawa
  • Reliability from long years of safe transportation management
  • Efficiency gains from advanced logistics IT systems
  • Capital ties with parent Tan Chong International
  • Customized transportation meeting customer needs
  • Flexible response with diverse truck vehicles
  • Proactive efforts in eco-friendly transportation
  • Efficient collaboration with group subsidiaries
  • Consolidated sales growth in domestic and international markets
  • Thorough logistics safety measures and regular training
  • Revenue stability through diversified logistics services
  • Building long-term trust with customers

Threats

  • Intensifying industry competition leading to price pressure
  • Rising fuel prices increasing costs
  • Labor shortages making talent acquisition difficult
  • Increased vehicle investment burden from stricter environmental regulations
  • Risk of logistics disruptions from natural disasters
  • Demand fluctuations from COVID-19 or social changes
  • Disruptions in global supply chains
  • Decline in competitiveness from lagging technological innovation
  • Reduction in outsourcing due to customer in-house logistics
  • Economic sensitivity of used car market
  • Business impacts from government regulation changes
  • New entries by competitors or major logistics alliances

Innovations

2024: Logistics Digitalization Initiative

Overview
Introduced transportation management systems utilizing AI and IoT to improve delivery efficiency and safety.
Impact
Reduced transportation delays by 15% and improved customer satisfaction

2023: Eco-Friendly Truck Introduction

Overview
Newly introduced low-emission vehicles to promote CO2 reduction.
Impact
Successfully reduced annual CO2 emissions by 20%

2022: Used Car Auction IT System Renewal

Overview
Renewed online transaction system to enhance used car distribution efficiency and convenience.
Impact
Contributed to shorter transaction times and increased trading volume

2021: Enhanced Safe Driving Education Program

Overview
Expanded education programs aimed at improving driver safety awareness and reducing accidents.
Impact
Reduced accident rate by 10% compared to previous year

Sustainability

  • Active introduction and expansion of eco-friendly vehicles
  • Fuel consumption reduction through improved transportation efficiency
  • Waste reduction and recycling promotion
  • CSR activities emphasizing coexistence with local communities
  • Ongoing safe driving education
  • Logistics efficiency improvements via digital technology
  • Reduction of environmental impact across the supply chain
  • Workplace environment improvements and diversity promotion
  • Strengthened contributions to a decarbonized society
  • Building sustainable logistics strategies
  • Strict energy management
  • Enhanced disaster response support systems