Yamato Holdings

Basic Information

Stock Code
9064
Industry
Land Transportation
Category Detail
Land Transportation
Prefecture
Tokyo
Establishment Year
November 1919
Listing Year
May 1949
Official Website
https://www.yamato-hd.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Japan Post, Seino Holdings, SGHD, NXHD

Overview

Yamato Holdings is a leading company in the land transportation industry founded in 1919, providing high-quality logistics services and an extensive network centered on parcel delivery.

Current Situation

Yamato Holdings achieved consolidated sales of approximately 1.7 trillion yen in the fiscal year ending March 2021, with operating profit of about 92.1 billion yen, maintaining a stable revenue base. Its core parcel delivery business leverages a nationwide network to respond to the growth of the e-commerce market while securing its position as the industry leader. The company continues to invest in logistics efficiency improvements both domestically and internationally, promoting technological innovations such as the introduction of the latest IT system, the NEKO system. It emphasizes sustainable logistics and social responsibility, with initiatives like fan-equipped vests for heatstroke prevention and CO2 reduction efforts receiving high evaluation. Toward 2030, it has set strategic goals of accelerating digital transformation and strengthening international logistics, focusing on new business developments such as dedicated cargo flight operations with JAL. While responding to intensifying competition with rivals, it fulfills its role as social infrastructure and actively engages in regional contribution activities.

Trivia

Interesting Facts

  • The cat logo for TA-Q-BIN was established in 1957
  • Began Japan's first route truck business in 1929
  • TA-Q-BIN Sunday and holiday operations started in 1982
  • TA-Q-BIN covers the entire country including remote islands
  • Yamato Transport founded in 1919 with over 100 years of history
  • Has partnered with United Parcel Service
  • Kuroneko Mail Service discontinued in 2015
  • Deploys numerous regionally limited moving services
  • NEKO system has been refined since the 1980s
  • Domestic air service business transferred to group company

Hidden Connections

  • Toyota Motor Corporation as a major shareholder contributes to joint development of automotive-related logistics
  • Strategic partnership with Nippon Yusen for collaboration in ocean shipping logistics
  • High share of stock held by Yamato Group employee stock ownership association
  • Featured in NHK's 'Project X' for TA-Q-BIN logistics revolution
  • Yamato appears as image character in manga 'Section Chief Shima Kosaku'
  • Has built logistics partnerships with many major retail companies
  • Actively expanding TA-Q-BIN business into overseas markets
  • Develops and operates advanced IT logistics systems in-house

Future Outlook

Growth Drivers

  • Significant growth in e-commerce market and increasing parcel demand
  • Cost reductions through introduction of logistics efficiency technologies
  • High customer trust in Kuroneko brand
  • Expansion of international logistics network
  • Increasing demand for environmental measures toward sustainable society
  • Service innovations through digital technology and AI utilization
  • Flexible response to diversifying consumer needs
  • Delivery services corresponding to aging society
  • Strengthened new collaborations with government and public projects
  • Acceleration of overseas market expansion

Strategic Goals

  • Reduce CO2 emissions in logistics by 50%
  • 100% nationwide coverage of parcel delivery services
  • Completion of digital logistics platform construction
  • Environment improvement for better employee work-life balance
  • Expansion of share in international logistics market
  • Introduction rate of low-environmental-load vehicles over 80%
  • Promotion of delivery operation efficiency through AI utilization
  • Building corporate culture emphasizing diversity and inclusion
  • Strengthening supply chain security
  • Achieve new business sales double current levels

Business Segments

Corporate Logistics Services

Overview
Provides customizable logistics solutions for a wide range of industries to achieve efficient transportation.
Competitiveness
Logistics optimization through integration of optimal delivery routes and advanced IT operations
Customers
  • Retail industry
  • Manufacturing industry
  • Food industry
  • E-commerce operators
  • Pharmaceutical industry
  • Government and public offices
  • Telecommunications industry
  • IT companies
  • Distribution industry
  • Logistics center operations
Products
  • Delivery agency
  • Warehouse management
  • Transportation services
  • Delivery planning
  • Logistics system development
  • Cold chain
  • Value chain development
  • Air cargo handling
  • International logistics
  • Comprehensive logistics solutions

Leasing and Rental Services

Overview
Improves corporate asset efficiency through leasing and rental services for various equipment and facilities.
Competitiveness
Comprehensive maintenance system and support network
Customers
  • Small and medium enterprises
  • Logistics-related companies
  • Local governments
  • Manufacturing industry
  • Construction industry
Products
  • Vehicle leasing
  • Equipment rental
  • IT equipment leasing
  • Equipment maintenance services

Warehouse and Logistics Facility Operations

Overview
Supports efficient storage and delivery preparation, centered on urban-type logistics facilities.
Competitiveness
Stable service provision through advanced logistics facilities and latest systems
Customers
  • Retail and distribution operators
  • Manufacturing industry
  • E-commerce companies
Products
  • Storage services
  • Inventory management
  • Picking and packing
  • Delivery arrangements
  • Logistics facility leasing

International Cargo Transportation Services

Overview
Provides transportation and customs clearance services meeting diverse needs in international logistics.
Competitiveness
High-quality services through international network and multilingual support
Customers
  • Import/export companies
  • Manufacturing industry
  • Trading companies
Products
  • Air cargo handling
  • Ocean freight forwarding
  • Customs clearance agency
  • International logistics consulting

IT Solution Development

Overview
Develops cutting-edge systems and software to support logistics operation efficiency.
Competitiveness
Specialized system development capabilities leveraging long years of logistics experience
Customers
  • Group companies
  • Logistics operators
  • General companies
Products
  • Logistics management systems
  • Accounting and ERP software development
  • Order processing systems
  • Digitalization consulting

Competitive Advantage

Strengths

  • Possesses nationwide parcel delivery network
  • High-quality and diverse logistics services
  • Efficiency improvements through advanced IT system introductions
  • Strong brand image
  • Wide range of service lineup
  • Continuous investment in logistics efficiency
  • Ability to serve diverse customer segments
  • Stable financial base
  • Sustainability promotion structure
  • Expansion of international logistics network
  • High employee retention rate
  • Industry-first transition to holding company structure
  • Diversity of strategic partners
  • Innovative parcel delivery service deployments

Competitive Advantages

  • Largest-scale delivery network covering all of Japan
  • Optimization of delivery management through proprietary NEKO system
  • Top market share position in parcel delivery
  • Comprehensive convenience store pickup network nationwide
  • Flexible response to customer needs with diverse delivery services
  • Deployment of fast, environmentally considerate delivery solutions
  • Strong brand power and long-term reliability
  • Comprehensive international cargo transportation services across multiple countries
  • Long-term contractual relationships with major customers
  • High employee expertise and customer service quality
  • Strategic management capabilities as a holding company
  • R&D investments promoting technological innovation
  • Strong commitment to social responsibility and sustainability
  • Track record of delivery efficiency improvements through collaborations with other companies

Threats

  • Price pressure from intensifying e-commerce market competition
  • Talent acquisition difficulties due to labor environment issues
  • Risk of rising fuel costs and logistics expenses
  • Impact of climate change on transportation infrastructure
  • Increased business operation costs due to regulatory strengthening
  • Market share erosion by new entrants
  • Competitive disadvantage from delays in technology transformation
  • Uncertainty in logistics demand due to COVID-19
  • International logistics disruptions from geopolitical risks
  • Delays in responding to diversifying customer needs
  • Increasing IT security risks
  • Logistics network disruptions from natural disasters

Innovations

2024: Launch of dedicated cargo flights

Overview
Begins operation of dedicated cargo flights in collaboration with Japan Airlines and Spring Japan, achieving efficiency in domestic cargo transportation.
Impact
Contributes to improved delivery speeds and logistics cost reductions

2023: Proof-of-concept for battery-swappable EV

Overview
Conducts proof-of-concept for battery-swappable electric trucks in collaboration with Mitsubishi Fuso and Mitsubishi Motors, challenging environmental load reduction.
Impact
Promotes decarbonization of logistics and operation efficiency

2022: Sale of majority stake in Yamato Home Convenience

Overview
Sells majority stake in moving business subsidiary to Art Moving Center, implementing business structure reorganization.
Impact
Review of business focus and concentration of management resources

2021: 8th phase introduction of NEKO system

Overview
Introduces latest IT logistics management system across the group, significantly improving delivery quality and efficiency.
Impact
Business efficiency and customer satisfaction improvements

2021: New CI refresh

Overview
Refreshes corporate identity for the first time in 64 years to enhance brand value.
Impact
Strengthened corporate image and employee unity

2020: Introduction of 'fan-equipped vests'

Overview
Procures and distributes 75,000 fan-equipped vests to drivers as heatstroke countermeasures.
Impact
Improved working environment and strengthened employee health management

2020: Enhanced package tracking and notification services

Overview
Improves tracking system and convenience through multichannel notifications for customers.
Impact
Improved customer satisfaction and reduced call center burden

Sustainability

  • Promotion of delivery vehicle electrification
  • Logistics efficiency measures for environmental load reduction
  • Safety and health measures aimed at improving working environment
  • CSR activities aiming for coexistence with local communities
  • Building sustainable logistics networks
  • Promotion of renewable energy use
  • Reduction of plastic packaging materials
  • Waste reduction and recycling reinforcement
  • Promotion of diversity and inclusion
  • Business efficiency through digital technology utilization