Enshu Truck

Basic Information

Stock Code
9057
Industry
Land Transportation
Category Detail
Land Transportation
Prefecture
Shizuoka Prefecture
Establishment Year
August 1965
Listing Year
April 1995
Official Website
https://www.enshu-truck.co.jp/
TSE Information
TSE Information
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Other Companies
Zero, Higashi Holdings, Hamakyo, Kanda, Maruzen Showa Transport, Senko Group Holdings, Tonami Holdings, Nikkon Holdings, Nisseki Transport, Fukuyama Transport, Chuo Warehouse, Kyuso Logistics System

Overview

Enshu Truck is a core land transportation company based in Shizuoka Prefecture, founded in 1965. As a member of the Sumitomo Warehouse Group, it centers on industrial logistics and provides logistics services between Japan and China.

Current Situation

Enshu Truck maintained solid performance in the fiscal year ended March 2023, with consolidated sales of 44.8 billion yen and net profit of 2.2 billion yen. In addition to its mainstay industrial logistics, it develops a wide range of domestic and international logistics services and a moving business, backed by a network of regionally focused sales offices. Leveraging the financial strength of the Sumitomo Warehouse Group, it focuses on integrated Japan-China logistics to differentiate from competitors. While strengthening negotiation power with customers through logistics digitalization and DVD distribution for appropriate freight rates, it also emphasizes reducing environmental impact and promoting sustainable logistics systems. In the medium to long term, it will strengthen expansion in the Kansai market and introduce environmentally compatible vehicles while aiming for stable revenue and improved customer satisfaction. From fiscal 2024 onward, it aims for sustainable growth by continuing to reinforce its management foundation through efficient resource utilization, business improvements, and more.

Trivia

Interesting Facts

  • Moving service 'Shimau-ma' is a popular locally focused brand
  • Affiliated with Sumitomo Warehouse Group, with stable management foundation
  • One of the few land transport companies engaged in Japan-China integrated logistics from early on
  • Extensive regional sales office network centered in Shizuoka Prefecture
  • Produces its own promotional DVDs for appropriate freight rates
  • Strength in precision equipment transport, owns specialized vehicles
  • Already introduced environmentally considerate hybrid trucks
  • Achieves stable profits through strengthened negotiations with shippers
  • Founded in 1965, relatively new among companies from the 1950s
  • Representative example of a regionally focused mid-sized logistics company

Hidden Connections

  • As a member of Sumitomo Warehouse Group, plays a central role in capital-intensive strategies in the logistics industry.
  • Partnering with local Chinese companies to strengthen Japan-China logistics network.
  • Collaborates with Enshu Truck Kansai in the Kansai area for nationwide expansion.
  • Provides locally focused services to individual customers via moving business, achieving business diversification.
  • Enhances price adjustment capabilities with shippers via freight rate DVDs, gaining competitive edge.

Future Outlook

Growth Drivers

  • Expansion of Japan-China international logistics leveraging group foundation
  • Operational efficiency via further introduction of eco-vehicles
  • Advanced digital logistics systems
  • Customer base strengthening through local sales
  • New business expansion via diversification
  • Increased demand for mid-sized firms amid logistics market restructuring
  • Profit stability via appropriate freight rate measures
  • Recovery and growth in international trade
  • Business efficiency improvements via new technologies
  • Competitive strengthening through environmental regulation compliance

Strategic Goals

  • Achieve 30% CO2 emissions reduction
  • International logistics sales ratio over 40%
  • Further regional expansion of moving business
  • Strengthen nationwide sales office network
  • Stabilize performance via appropriate freight rates
  • Full introduction of latest logistics technologies
  • Promote coexistence with local communities
  • Maximize group synergies
  • Strengthen talent development and recruitment
  • Establish sustainable logistics model

Business Segments

Industrial Logistics

Overview
Specializes in logistics for industrial products centered on manufacturing, achieving optimal logistics for production processes.
Competitiveness
Sumitomo Warehouse Group network and extensive transport experience
Customers
  • Manufacturing
  • Automotive parts manufacturers
  • Electronics manufacturers
  • Precision equipment manufacturers
  • Construction materials manufacturers
Products
  • Product transport
  • Parts supply
  • Production logistics
  • Inspection and sorting services
  • Just-in-time delivery

Procurement Logistics

Overview
Efficient procurement of parts and materials, with stable supply to manufacturing lines via logistics services.
Competitiveness
Advanced logistics management system for inventory control
Customers
  • Parts manufacturers
  • Subcontractors
  • Materials suppliers
Products
  • Materials transport
  • Centralized management logistics
  • Procurement-related logistics optimization

Commercial Logistics

Overview
Integrated goods delivery and inventory management services for retail and trading companies.
Competitiveness
Locally focused sales office network
Customers
  • Retail
  • Trading companies
  • Distributors
Products
  • Store delivery
  • Inter-center transport
  • Product management services

Competitive Advantage

Strengths

  • Financial strength of Sumitomo Warehouse Group
  • Experience in Japan-China integrated logistics
  • Locally focused sales office deployment
  • Diverse logistics service provision
  • Extensive industrial logistics expertise
  • Initiatives to promote appropriate freight rates
  • Solid financial base
  • Skilled transport management technology
  • Efforts to reduce environmental impact
  • Strong relationship building with customers

Competitive Advantages

  • Strength in Japan-China international logistics
  • Specialization in just-in-time logistics for industrial products
  • Flexible services for local SMEs
  • Persuasive power with shippers via freight rate DVDs
  • Logistics efficiency through group collaboration
  • Development of diverse transport and delivery networks
  • Acquisition of general customers via specialized moving services
  • Sales expansion through partnerships with local companies
  • Promotion of latest logistics system introductions
  • Service provision focused on quality management

Threats

  • Price offensives from major competitors
  • Logistics restrictions due to international situations
  • Cost increases from fuel price fluctuations
  • Driver shortages due to labor scarcity
  • Equipment investment burden from stricter environmental regulations
  • Delays in adopting new logistics technologies
  • Demand fluctuations from economic changes
  • Expansion of in-house logistics by shipper companies
  • Delay risks from disasters and traffic disruptions
  • Stricter regulations in the logistics industry

Innovations

2023: Production and distribution of freight rate appropriateness DVD

Overview
Produced and began distributing educational DVDs to facilitate smoother negotiations with shippers on appropriate freight rates.
Impact
Improved price negotiation power with shippers, contributing to profit enhancement

2022: Introduction of low-emission trucks

Overview
Introduced hybrid vehicles and fuel-efficient trucks to reduce CO2 emissions.
Impact
Improved truck fuel efficiency, reducing annual CO2 emissions by 10%

2021: Overhaul of digital logistics management system

Overview
Introduced the latest logistics management system to improve operational efficiency.
Impact
Reduced delivery errors and improved work efficiency by 15%

2020: Strengthening Japan-China integrated logistics

Overview
Strengthened collaboration with local Chinese partner companies to expand Japan-China transport network.
Impact
International logistics sales increased 20% year-over-year

Sustainability

  • Active introduction of energy-saving vehicles
  • Thorough eco-driving training
  • Waste reduction and recycling promotion
  • Adoption of energy-saving designs for logistics bases
  • Cooperation with local communities on environmental conservation activities