Hamakyorex

Basic Information

Stock Code
9037
Industry
Land Transportation Industry
Category Detail
Land Transportation
Prefecture
Shizuoka Prefecture
Establishment Year
February 1971
Listing Year
September 1997
Official Website
https://www.hamakyorex.co.jp/
TSE Information
TSE Information
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Overview

Hamakyorex is a comprehensive logistics company that has grown as a major player in the land transportation industry's 3PL business since its founding in 1971, featuring a nationwide logistics network and diverse group of subsidiaries.

Current Situation

Hamakyorex boasts consolidated sales of approximately 103.5 billion yen (fiscal year ended March 2018), maintaining stable levels of operating and net profit. In addition to its core 3PL business, it provides a wide range of logistics services including automobile transportation, warehousing, and inspection through subsidiaries. The company has expanded its nationwide route network by acquiring Kintetsu Logistics as a subsidiary and multiple other logistics firms, enhancing its industry competitiveness. In recent years, it has promoted global expansion by establishing local entities in Bangladesh, China, and Hong Kong for inspection operations. In response to labor issues, it is improving labor management and building a stable work environment. On the environmental front, it prioritizes logistics efficiency and energy-saving operations, aiming to expand sustainable logistics services going forward. In the mid-to-long term, it focuses on advancing logistics operations via IT technologies and differentiating sales services as strategic pillars to pursue ongoing growth.

Trivia

Interesting Facts

  • Steadily expanded logistics business after 1971 founding to become a major 3PL player.
  • Expanded nationwide network by acquiring former Kintetsu Logistics subsidiary.
  • Operates multiple Asian bases for overseas inspection business.
  • Involved in court case over labor condition disparities.
  • One of few Japanese logistics firms with local entities in Bangladesh and China.
  • Capable of integrated logistics management for diverse industries as 3PL provider.
  • Proactive in introducing AI and automation for logistics efficiency.
  • Rare logistics company also operating convenience stores.
  • Extensive experience in logistics for major retailers, with strong transaction base.
  • Long-term contributor to local economy, recognized as community-rooted enterprise.
  • Highly evaluated for corporate activities advancing digitalization in logistics industry.
  • Focuses on reducing environmental impact with numerous new low-fuel vehicles.
  • Consolidated employee count of approx. 4,150, comparable to major logistics firms.
  • Diverse logistics subsidiaries enabling multifaceted business expansion.
  • Noted as constituent of JPX Nikkei Mid and Small Cap Index.

Hidden Connections

  • Historical ties to former Kintetsu Group provide strength in Kansai region logistics network.
  • Strengthened ties with postal logistics via share acquisition from Japan Post.
  • Built extensive partnerships with various firms in the logistics industry.
  • Local networks in Bangladesh and China utilized for international logistics inspection.
  • Representative directors from Osuga family lineage, fostering strong founding family culture.
  • Multiple subsidiaries operate unique regional brands to meet local logistics needs.
  • Business alliances with prominent Japanese logistics tech firms for latest tech adoption.
  • Collaborates with local governments and industry groups on improving truck driver conditions.

Future Outlook

Growth Drivers

  • Advances and promotion of labor-saving logistics technologies.
  • Increasing logistics demand from e-commerce expansion.
  • Strengthening one-stop solutions in 3PL services.
  • Growing demand for high-quality logistics in pharmaceuticals and food.
  • Overseas business expansion and deepening of global logistics services.
  • Eco-transport technology development to meet stricter environmental regulations.
  • New service creation through logistics industry digitalization.
  • Enhanced adaptability to diversifying customer industry needs.
  • Improved stable supply capacity via talent development and labor environment enhancements.
  • Competitive strengthening through local embedding and nationwide collaboration.

Strategic Goals

  • Double current 3PL business sales.
  • Further strengthen domestic and international networks to advance global expansion.
  • Complete zero-environmental-impact logistics operation system.
  • Mature advanced logistics services via automation and AI technologies.
  • Establish sustainable labor environment and improve employee satisfaction.
  • Achieve 100% renewable energy use at logistics bases.
  • Diversify revenue through creation of new BtoB services.
  • Establish industry-leading safety standards and quality assurance systems.
  • Expand symbiotic relationships with local communities and active social contributions.
  • Optimize customer experience and strengthen partnerships via DX initiatives.

Business Segments

3PL Logistics Operations

Overview
Streamlines customer delivery and inventory management through integrated logistics contracting.
Competitiveness
Nationwide logistics network and multi-industry対応 capability
Customers
  • Distribution Industry
  • Retail Industry
  • Pharmaceuticals Industry
  • Manufacturing Industry
  • Food Industry
Products
  • Logistics Center Operations
  • Integrated Logistics Contracting
  • Inventory Management
  • Delivery Services
  • Quality Inspection

Corporate Truck Transportation

Overview
Truck delivery services tailored to inter-company transportation needs.
Competitiveness
Comprehensive route network and advanced temperature control technology
Customers
  • Manufacturers
  • Wholesalers
  • Retail Chains
  • Food Manufacturers
Products
  • Refrigerated/Frozen Transportation
  • General Cargo Transportation
  • Charter Services
  • Regular Delivery

Warehousing & Storage Services

Overview
Storage for diverse cargo and provision of ancillary logistics services.
Competitiveness
Temperature-controlled warehouses and specialized storage systems
Customers
  • Manufacturing Industry
  • Food Industry
  • Pharmaceutical Companies
  • Distribution Companies
Products
  • Warehouse Storage
  • Packing & Picking
  • Logistics Facility Leasing
  • Quality Management

International Logistics Inspection Services

Overview
Provides inspection and quality assurance services on a global scale.
Competitiveness
Strength in local bases across major Asian regions
Customers
  • Importers
  • Manufacturing Industry
  • Import/Export Agents
Products
  • On-Site Inspection
  • Quality Management
  • Delivery Scheduling
  • Report Preparation

Logistics-Related Store Operations

Overview
Regional service business through convenience store management.
Competitiveness
Store operations leveraging logistics expertise
Customers
  • Retail Industry
  • Restaurants
  • Local Communities
Products
  • Convenience Store Operations
  • Logistics Support
  • Store Management

Competitive Advantage

Strengths

  • Extensive logistics network deployed nationwide
  • Comprehensive logistics services via diverse subsidiaries
  • Advanced temperature control and quality management capabilities
  • Specialized expertise and track record in 3PL business
  • Stable financial base and asset scale
  • Overseas business strengthening through global expansion
  • Flexibility to handle diverse industries
  • Improved labor management systems
  • Broad logistics center operation capabilities
  • Active adoption of latest logistics technologies

Competitive Advantages

  • Robust domestic route network and subsidiary group
  • Rich customer base and know-how in 3PL business
  • Advanced overseas inspection operations covering domestic and international
  • Strength in food industry via refrigerated transport technology
  • Efficient and reliable medium- to long-distance truck transportation
  • Rapid delivery system through coordinated multiple logistics bases
  • Risk diversification achieved through diverse client base
  • Employee satisfaction improvement via labor environment enhancements
  • Service quality enhancement through IT-logistics integration
  • Environmental initiatives toward sustainable logistics

Threats

  • Labor shortages making workforce securing difficult
  • Cost increases from fuel price fluctuations
  • Intensifying price competition with major rivals
  • Reputation risks from logistics accidents or delays
  • Rising operational costs from stricter regulations
  • Risk of logistics network disruptions from natural disasters
  • Risk of information leaks from IT cyber attacks
  • Heightened competition from emerging logistics providers
  • Potential demand decline from economic downturns
  • Increased capital investment from stricter environmental regulations

Innovations

2023: Introduction of AI-Based Logistics Management System

Overview
Introduced latest AI technology for delivery optimization system to promote efficiency.
Impact
10% reduction in delivery costs, improved on-time delivery rate

2022: Introduction of Environmentally Friendly Refrigerated Trucks

Overview
Introduced numerous new low-fuel refrigerated trucks that reduce CO2 emissions.
Impact
5% reduction in greenhouse gas emissions

2021: Strengthening Inspection Services via Overseas Subsidiaries

Overview
Expanded inspection capabilities using local entities in China and Bangladesh.
Impact
30% increase in inspection volume, improved customer satisfaction

2024: Company-Wide Business Efficiency Project via IT Integration

Overview
Improving overall business efficiency through system integration and digital tools.
Impact
15% reduction in work hours, productivity improvement

2020: Trial Introduction of Drone-Based Logistics Monitoring Technology

Overview
Conducted trials of drone operations for monitoring logistics facilities and routes.
Impact
Enhanced safety and improved anomaly detection accuracy

2023: Development of Warehouses Utilizing Renewable Energy

Overview
Newly constructed eco-friendly warehouses equipped with solar power generation.
Impact
20% reduction in warehouse energy costs

2022: Wearable Devices Introduced to Strengthen Labor Safety Management

Overview
Introduced wearable devices to support employee health and work safety.
Impact
25% decrease in work accident rate

2024: Expansion Plan for Automated Warehouses

Overview
Nationwide expansion of warehouse automation via picking robots.
Impact
30% improvement in operational efficiency

2021: Development of Supply Chain Visibility Tool

Overview
Developed system allowing real-time logistics status checks for customers.
Impact
Improved customer satisfaction and reduced inquiries

2020: Introduction of Low-Environmental-Impact Packing Materials

Overview
Adopted numerous eco-friendly packing materials to reduce waste.
Impact
10% annual reduction in waste volume

Sustainability

  • Introduction and optimization of energy-saving vehicles
  • Expansion of renewable energy utilization
  • Waste reduction and recycling promotion
  • Enhanced safety and health management and labor environment improvements
  • Cooperation with local communities on environmental conservation
  • Paperless operations and digital business promotion
  • Development of eco-logistics services in collaboration with customers
  • Promotion of greening activities at logistics sites
  • SDGs education in talent development
  • Setting targets for reducing waste plastics