Okayama Prefecture Cargo Transport
Basic Information
- Stock Code
- 9063
- Industry
- Land Transportation
- Category Detail
- Land Transportation
- Prefecture
- Okayama Prefecture
- Establishment Year
- March 1943
- Listing Year
- November 1992
- Official Website
- https://www.okaken.co.jp/
- TSE Information
- TSE Information
- Yahoo! Finance
- Yahoo! Finance
- Other Companies
- Yasuhara Chemical, Robutex, Zero, Hamakyorex, Enshu Truck, Nippi Logitem, Maruzen Showa Transport, Senko Group Holdings, Tonami Holdings, Nikkon Holdings, Fukuyama Transport, Chuo Warehouse, Kyuso Circulation System
Overview
Okayama Prefecture Cargo Transport, founded in 1943, is a mid-sized company in the land transportation industry that deploys comprehensive logistics services centered on the Chugoku region.
Current Situation
Okayama Prefecture Cargo Transport achieved consolidated sales of approximately 40 billion yen in fiscal 2023 and also operates warehousing and moving businesses. As a core route operator in the land transportation industry, it has built a stable logistics network centered on the Chugoku and Shikoku regions. With ISO9002 certification, it thoroughly manages quality and is advancing diversification including air cargo agency services. It has 7 affiliated companies to strengthen regionally integrated services and receives support from major shareholders such as Sompo Japan Insurance and Fukuyama Transport. Regarding sustainability, it is interested in reducing environmental impact and plans to promote mergers and network collaborations in the future. IT initiatives are underway to acquire new customers and improve delivery efficiency, aiming to enhance its position in the West Japan market in the medium to long term. It emphasizes human resource development and plans to further strengthen its safe transportation system.
Trivia
Interesting Facts
- Established by merging 79 trucking companies in Okayama Prefecture
- Built own network from Kanto to Kyushu
- In 1991, adopted current symbol mark and nickname 'OkaKen'
- Heart Parcel Delivery launched in 1977, pioneering parcel business
- Early deployment of refrigerated/chilled transportation services
- Major shareholders include major insurance companies and regional banks
- ISO9002 certification introduced is a historically significant quality certification in land transport
- Numerous affiliates form a group-wide logistics network
- Headquartered in Okayama Prefecture with management closely tied to regional economy
- Continued listing on Tokyo Stock Exchange Standard Market even after delisting from Osaka Securities Exchange in 2007
- Utilizes nationwide parcel network to improve customer satisfaction
- Supports international logistics through customs clearance license acquisition
- Transitioning to environmentally considerate vehicles such as electric vehicles
- Conducts staffing dispatch via affiliates like Heart Staff
- Deploys wide range of businesses including moving and warehousing beyond core logistics
Hidden Connections
- Has capital relationship with Sompo Japan Insurance and strong collaboration on insurance matters
- Collaborates with regional bank Chugoku Bank to contribute to regional economic support
- Shareholder relationship with Fukuyama Transport, building logistics cooperation framework
- Competitive and partial collaborative relationships with land transport giants like Tonami Holdings
- Groups many local affiliates in Okayama Prefecture for integrated logistics response
- Strengthens vehicle maintenance system through Maruke Shoji and automotive maintenance
- Local printing company Nishio Sogo Printing's stockholding group occupies part of shareholders
- Builds strong partnerships with local companies through regional rooting strategy
Future Outlook
Growth Drivers
- Recovery and increase in domestic logistics demand
- Increase in delivery volume due to e-commerce growth
- Growing demand for cold chain logistics
- Introduction of eco-logistics technology amid stricter environmental regulations
- Delivery efficiency via IT/AI technology
- Cost reduction through strengthened inter-regional logistics collaboration
- Enhanced response to diversifying customer needs
- Automation promotion to address labor shortages
- Strengthened customs operations to accommodate expanding international logistics
- Innovation in packaging and handling technology
Strategic Goals
- Build logistics network with reduced environmental impact
- Achieve top-class delivery efficiency in the industry
- Strengthen group integration with affiliates and maximize synergies
- Business automation and productivity improvement via IoT/AI utilization
- Nationwide expansion of regionally rooted services
- Exceed 50 billion yen in annual sales through new businesses/services
- Maintain and improve safety/quality levels through human resource development
- Achieve over 90% customer satisfaction
- Expand environmental and social contributions supporting sustainable management
- Strengthen competitiveness through digital transformation promotion
Business Segments
Logistics Consulting
- Overview
- Provides consulting services for logistics efficiency improvement.
- Competitiveness
- Regionally rooted practical know-how
- Customers
-
- Manufacturing
- Distribution
- Retail
- Food industry
- Transport companies
- Products
-
- Transportation and delivery optimization plan
- Warehouse management improvement
- Cost reduction proposals
Corporate Truck Transportation
- Overview
- Efficient cargo transportation service leveraging special consolidation.
- Competitiveness
- Wide-area network and temperature control technology
- Customers
-
- Major manufacturers
- Retail chains
- Food companies
- Pharmaceutical companies
- Products
-
- Refrigerated/chilled transportation
- General cargo transportation
- Charter service
Warehouse Management and Storage Service
- Overview
- Meets diverse storage needs with multifunctional warehouses.
- Competitiveness
- Comprehensive refrigerated and frozen facilities
- Customers
-
- Manufacturing
- Wholesale
- Food distribution
- E-commerce operators
- Products
-
- Temperature-zone warehouses
- Inbound/outbound management
- Logistics equipment rental
Moving and Relocation Service
- Overview
- Specialized services tailored to a wide range of moving needs.
- Competitiveness
- Safe and reliable transportation technology
- Customers
-
- Corporations
- Public institutions
- Educational institutions
- Products
-
- Office relocation
- Factory relocation
- Personal moving
Air Cargo Agency
- Overview
- Deploys air cargo transportation agency operations with prompt response.
- Competitiveness
- Abundant customs clearance experience
- Customers
-
- International traders
- Importers/exporters
- Products
-
- Air transportation arrangements
- Customs clearance agency
Joint Transportation and Delivery Service
- Overview
- Promoting joint delivery business to improve transportation and delivery efficiency.
- Competitiveness
- Industry collaboration network
- Customers
-
- Peer companies
- Distribution companies
- Products
-
- Delivery consolidation
- Cargo efficiency service
Vehicle Maintenance and Management
- Overview
- Handles truck maintenance and management in-house to improve utilization rates.
- Competitiveness
- Collaboration system with affiliates
- Customers
-
- Own vehicles
- Affiliated companies
- Products
-
- Vehicle inspections
- Repairs and maintenance
Customs Clearance Operations
- Overview
- Customs clearance agency service leveraging high expertise.
- Competitiveness
- Wide-area coverage and prompt processing
- Customers
-
- Import/export companies
- Logistics companies
- Products
-
- Customs clearance applications
- Document preparation support
Refrigerated/Frozen Logistics Service
- Overview
- Implements safe, high-quality temperature-controlled logistics.
- Competitiveness
- Thorough temperature management system
- Customers
-
- Food processors
- Fresh food distribution
- Products
-
- Temperature-controlled transportation
- Cold chain logistics
Regionally Rooted Delivery Service
- Overview
- Provides mini-logistics closely tied to the local area to gain trust.
- Competitiveness
- Prompt and flexible delivery network
- Customers
-
- Retail stores
- Local producers
- Products
-
- Daily delivery
- Route sales support
Logistics Equipment Rental and Sales
- Overview
- Deploys rental and sales business for logistics equipment.
- Competitiveness
- Collaborative sales with affiliates
- Customers
-
- Logistics companies
- Retail stores
- Products
-
- Forklifts
- Container boxes
Environmentally Friendly Logistics
- Overview
- Logistics services committed to reducing environmental impact.
- Competitiveness
- Environmentally adapted vehicles and operational technology
- Customers
-
- Environmentally conscious companies
- Products
-
- Eco-drive vehicles
- Waste collection transportation
Competitive Advantage
Strengths
- Stable logistics network rooted in the region
- Integrated operations with diverse affiliates
- Quality management via ISO9002 certification
- Expertise in refrigerated/frozen transportation
- Long years of industry experience and trust
- Flexible small-lot delivery system
- Also handles air cargo agency
- Strong partnerships with major shareholders
- Comprehensive warehouse facilities
- Large workforce with robust personnel structure
- High brand recognition in the region
- High awareness of safe transportation and regulatory compliance
- Prompt response capability and coordination skills
- Provision of diverse transportation and delivery services
- Cost competitiveness through joint delivery
Competitive Advantages
- Wide-area logistics network specialized in the Chugoku region
- Efficient transportation system centered on special consolidation business
- Simultaneous deployment of warehousing and moving businesses for integrated services
- International logistics support via air cargo agency registration
- Strengthened group collaboration through affiliate network
- Capital support and business alliances from major shareholders
- Strong transaction base with local companies gained from regional ties
- Adaptability to economic changes and quality management system
- Quality assurance and trust gained through ISO9002 certification
- Food industry対応 via specialized refrigerated/chilled transportation
- Broad coverage through both long-distance and charter services
- Enhanced brand image via unique symbol mark
- Sales system capable of flexible customer response
- Efficient logistics operations via introduction of latest warehouse equipment
- Thorough crew safety training and labor management
Threats
- Freight rate decline pressure from intensifying competition
- Cost increases due to rising fuel prices
- Difficulty securing personnel due to driver shortage
- Increased logistics operational burden from stricter regulations
- Unstable transportation demand due to economic fluctuations
- Intensifying competition from new entrants
- Decline in competitiveness from delayed IT adoption
- Progress in customer in-house logistics
- Risk of logistics network disruption from natural disasters
- Increased adaptation costs from stricter environmental regulations
- Risk of renewed expansion of new infectious diseases
- International fluctuations in supply chains
Innovations
2023: Introduction of Temperature-Controlled Transportation System
- Overview
- Utilizes the latest IoT sensors to monitor cargo temperature in real time.
- Impact
- Improved quality retention rate and reduced complaints
2022: Delivery Efficiency Improvement via IT System
- Overview
- Introduced AI-based delivery route optimization system to shorten delivery times.
- Impact
- 20% improvement in delivery efficiency and fuel savings
2024: Update to Environmentally Friendly Vehicles
- Overview
- Actively introducing hybrid and low-emission vehicles to reduce environmental impact.
- Impact
- 15% reduction in CO2 emissions
2021: Introduction of Warehouse Automation Equipment
- Overview
- Introduced picking robots and other automation equipment in multiple warehouses to significantly improve work efficiency.
- Impact
- 30% improvement in work efficiency
2023: Launch of Joint Transportation and Delivery Pilot Program
- Overview
- Conducted pilot program for building joint delivery network with peer companies.
- Impact
- Expected reduction in transportation costs and environmental impact
2020: Introduction of Worker Safety Management System
- Overview
- Introduced AI surveillance camera-based safety management system to contribute to reducing industrial accidents.
- Impact
- 10% decrease in industrial accident rate
2024: Development of Electronic Transportation Record System
- Overview
- Promotes electronic digital records in transportation management to strengthen information sharing.
- Impact
- Business efficiency improvement and enhanced customer satisfaction
2022: Enhanced Eco-Drive Training
- Overview
- Thorough eco-drive education for all drivers to improve fuel efficiency.
- Impact
- 10% reduction in fuel consumption
2023: Opening of New Cold Chain Warehouse
- Overview
- Newly established large-scale cold chain warehouse equipped with the latest temperature control technology.
- Impact
- 20% increase in storage capacity and improved product quality
2021: Introduction of Automated Cargo Tracking System
- Overview
- Introduced system for real-time cargo location tracking to improve customer service.
- Impact
- Improved customer satisfaction and reduced misdeliveries
Sustainability
- Active introduction of low-emission vehicles
- CO2 reduction through delivery route optimization
- Promotion of waste recycling
- Introduction of energy-efficient warehouse equipment
- Enhanced environmental awareness education for employees
- Thorough safe transportation and regulatory compliance
- Participation in local cleanup activities
- Operation of environmental management system
- Promotion of paperless operations
- Fuel consumption reduction through improved transportation efficiency
- Logistics efficiency via joint transportation and delivery
- Management policy toward sustainable growth