Shibusawa Warehouse

Basic Information

Stock Code: 9304
Industry: Warehousing and Transportation Related Industries
Category Detail: Warehousing & Logistics
Prefecture: Tokyo
Establishment Year: July 1909
Listing Year: December 1950
Official Website: https://www.shibusawa.co.jp/
TSE Information: TSE Information
Yahoo! Finance: Yahoo! Finance
Other Companies: SBS Holdings, Area Link, Konoike Transport, AZ-COM Maruwa Holdings, NIPPON EXPRESS HOLDINGS, Mitsubishi Warehouse, Mitsui Warehouse Holdings, Sumitomo Warehouse, Japan Transcity, Chuo Warehouse, Yasuda Warehouse

Overview

Shibusawa Warehouse is a mid-tier company in the warehousing and logistics industry founded in 1909. It operates bases in Japan and overseas, providing comprehensive logistics services utilizing advanced technologies, with logistics operations and real estate as its main pillars.

Current Situation

Shibusawa Warehouse recorded consolidated net sales of ¥73.4 billion, operating income of ¥4.2 billion, and net income of ¥3.7 billion for the fiscal year ended March 2024. In its logistics business, it offers a wide range of services including warehouse storage, land transportation, port transportation, and international shipping, with strong performance in beverage logistics and multi-variety small-lot logistics. Domestically, it has major bases in Tokyo, Yokohama, Osaka, Kobe, and other locations. Overseas, it has established local subsidiaries in Hong Kong, Shanghai, Vietnam, the Philippines, and elsewhere to strengthen its global presence. It is also expanding its real estate business, including leasing warehouse facilities and operating office buildings. The company is proactive in utilizing robotics and information systems to improve efficiency and responsiveness to customer needs. On the environmental front, it emphasizes sustainability through initiatives like carbon neutrality and new hazardous materials warehouses, and has obtained an 'A' credit rating from JCR. In the medium to long term, it is focusing on introducing cutting-edge technologies and expanding overseas markets as growth drivers, while working on changing its English company name and strengthening group subsidiaries. Its major customers span diverse industries including Suntory and P&G, maintaining solid performance.

Trivia

Interesting Facts

One of Japan's oldest warehousing companies founded by Shibusawa Eiichi
Its founding warehouse in the Fukagawa area is known as a historical building
Company crest designed based on the Shibusawa family crest
Specialized expertise in logistics for domestic and international beverage manufacturers
Pioneer in reinforced concrete construction in the warehousing industry
Has numerous subsidiaries to meet diverse logistics needs
Strong historical ties with the First Bank (now Mizuho Bank)
Also provides document management services related to warehouse storage
Realizes international logistics through local subsidiaries across Asia
Founded utilizing former Fukagawa mansion land with historical significance
Actively participates in multiple joint ventures within the logistics industry
Expanding real estate business as a complement to logistics operations
Corporate stance emphasizing safety management and environmental measures
Balances hospitality and efficiency through employee training
Actively engages in community contribution activities in Koto Ward

Hidden Connections

Important management foundation continuing from the alliance with the First Bank led by Shibusawa Eiichi
Maintains business network linked with the Furukawa Group from the Furukawa Zaibatsu lineage
Built long-term logistics partnerships with Suntory Group and P&G Group
Jointly implemented historical construction projects with Shimizu Corporation
Advancing construction of logistics bases in Southeast Asia including Vietnam and the Philippines
Major trust banks such as Japan Master Trust Bank listed as principal shareholders
Historical background of inheriting part of the former Furukawa Zaibatsu's logistics functions
Origin of company crest inspired by the Shibusawa family's indigo ball house mark

Future Outlook

Growth Drivers

Expansion of international logistics demand in Asia
Increase in multi-variety small-lot logistics in beverages and daily goods
Logistics efficiency improvement utilizing IT and robotics
Demand for environmentally responsive logistics facilities amid stricter regulations
Revenue base expansion through strengthened collaboration with real estate business
Growing demand for hazardous materials logistics services compliant with regulations
Tailwinds from global supply chain restructuring
Strengthening of disaster response and risk management logistics services
Operational capability enhancement through recruitment and development of highly skilled personnel
Service development responding to diversifying customer needs
Increased logistics demand from e-commerce market expansion
Environmentally responsive logistics driven by societal shift toward sustainability

Strategic Goals

Further expansion and revenue generation of overseas logistics bases
30% improvement in warehouse operation efficiency through advanced IT and automation
Achieve 50% reduction in CO2 emissions through carbon neutrality initiatives
Nationwide expansion and market share growth in hazardous materials warehouse services
Completion of integrated business model combining logistics and real estate
Promotion of sustainable logistics systems and strengthened R&D
Continuous improvement of employee-friendly work environment
Strengthening long-term partnerships with key customers
Expansion of service lineup to address diverse customer needs
Advanced customer touchpoints through digital platforms

Business Segments

Warehouse Storage Services

Overview

Provides safe storage and management for a wide variety of products, supporting logistics efficiency for diverse customer industries.

Competitiveness

High-level disaster prevention and safety management systems with diverse storage facilities

Customers

Beverage Manufacturers
Daily Goods Manufacturers
Apparel Companies
Manufacturing Companies
Trading Companies
Food Wholesalers

Products

General Cargo Storage
Temperature-Controlled Warehouses
Hazardous Materials Warehouses

Land Transportation Services

Overview

Provides reliable and rapid cargo transportation services leveraging a nationwide network.

Competitiveness

Specialized know-how in beverage logistics combined with local area transportation

Customers

Beverage Industry
Major Manufacturing Manufacturers
Wholesalers
Retail Chains

Products

Long-Distance Truck Transportation
Multi-Variety Transportation
Small Parcel Delivery

Port Transportation Services

Overview

Provides safe and reliable cargo handling services based at major ports.

Competitiveness

Reliability and operational strength as a Tokyo Stock Exchange-listed company at major ports

Customers

Importers/Exporters
International Logistics Companies
Manufacturing Companies

Products

Port Handling Operations
Inter-Warehouse Transportation
Forwarding

International Transportation Operations

Overview

Collaborates with overseas bases to build diverse international logistics services and transportation routes.

Competitiveness

Flexible transportation arrangements via local subsidiary network

Customers

Import/Export Businesses
Overseas Expansion Companies
Trading Companies

Products

Sea Freight Transportation
Air Freight Transportation
Customs Clearance Operations

Real Estate Business

Overview

Secures stable revenue through development and operation of logistics bases and commercial buildings.

Competitiveness

Real estate expansion leveraging synergy with warehousing business

Customers

Logistics Companies
Manufacturing Companies
Trading Companies
Investors

Products

Logistics Facility Leasing
Office Building Management and Operations

Information Systems Services

Overview

Provides logistics IT services focused on efficiency and optimization.

Competitiveness

Proven track record ensuring stable operation and customization capabilities

Customers

Logistics Operators
Manufacturing Companies
Retail Companies
Food Service Industry

Products

Warehouse Management Systems
Delivery Management Systems
Logistics Automation Solutions

Trunk Room and Document Storage Services

Overview

Provides storage solutions combining security and convenience.

Competitiveness

Detailed compliance with laws and customer requests

Customers

Corporations
Sole Proprietors
General Consumers

Products

Document Storage Services
Personal Storage
Digital Document Management Support

Moving Services

Overview

Safe and rapid moving services tailored to diverse needs.

Competitiveness

Comprehensive handling leveraging integrated logistics know-how

Customers

Corporate Offices
Personal Households
Public Institutions

Products

Office Relocation Support
Personal Moving
Large Equipment Transportation

Robotics and Automation Support

Overview

Supports the introduction of the latest technologies to promote logistics efficiency.

Competitiveness

Extensive experience in implementing advanced technologies

Customers

Warehouse Operators
Manufacturing Companies
Logistics Center Operators

Products

Robot Implementation Support
Automated Conveyor Systems
AI Logistics Management Software

Asia Region Logistics Services

Overview

Deploys locally attuned logistics services centered on Vietnam and China.

Competitiveness

Extensive local network and reliability

Customers

Overseas Expansion Companies
Japanese Manufacturing Companies
International Trading Companies

Products

Local Logistics Agency
Import/Export Customs Clearance
Supply Chain Management

Other Logistics Services

Overview

Provides ancillary logistics services to meet diverse needs.

Competitiveness

Rapid response through integrated logistics framework

Customers

Manufacturers
Trading Companies
Retailers

Products

Cargo Tracking Services
Packaging and Packing
Inventory Management

Competitive Advantage

Strengths

Long history and stable management foundation
Comprehensive strength in diverse logistics services
Base network spanning Japan and overseas
Synergy effects with real estate business
Active introduction of advanced technologies
Robust customer base and multi-industry対応
High safety management and environmental considerations
Maintains 'A' credit rating
Strong financial position
Broad service deployment across industries
Efficient supply chain operations
Reliable port transportation services
Capability to handle multi-variety small-lot logistics
Expansion of group synergies

Competitive Advantages

Trust and track record as a mid-tier player in the industry
Historical credit and brand power of the Shibusawa family
Bases in major domestic cities and key overseas ports
Specialized know-how in beverage and daily goods logistics
Advanced efficiency through IT and robotics introduction
Comprehensive solutions combining logistics and real estate
Diverse service portfolio responsive to customer needs
Capability to develop environmentally considerate logistics facilities
Strong customer relationships and long-term contracts
Management stability and robust financial support
Global expansion power utilizing overseas subsidiaries
Broad range of services covering multiple logistics fields
Resilient business portfolio against market fluctuations
High levels of safety and compliance

Threats

Intensifying competition in the logistics industry
Rising costs from fuel prices and labor expenses
Transportation risks due to international situation changes
Impact of natural disasters on facilities and transportation
Increased operating costs from stricter environmental regulations
Challenges in securing labor and talent shortages
Risk of lagging in technological innovations
Rise of emerging logistics companies
Impact of global trade frictions
Influence of economic fluctuations in customer industries
Cybersecurity risks
Frequent changes in laws and regulations

Innovations

2024: Completion of Chiba North Third Warehouse

Overview: Constructed and commenced operations of a new beverage logistics-specialized warehouse in Chiba.
Impact: Improved efficiency and responsiveness in beverage logistics

2024: New Hazardous Materials Warehouses (Kobe/Osaka)

Overview: Newly established Nanatsume Warehouse at Kobe Port and hazardous materials warehouse in Ibaraki, Osaka, to enhance safety.
Impact: Achieved regulatory compliance and service expansion

2023: Comprehensive Business Alliance with BYD Japan

Overview: Collaboration to promote carbon neutrality and circular economy.
Impact: Enhanced environmental responsiveness and new business development

2022: Establishment of TDG-Shibusawa Logistics in Manila

Overview: Established local logistics company in the Philippines through joint venture to strengthen overseas expansion.
Impact: Enhanced presence in the Southeast Asian market

2020: Expansion of Shibusawa ABC Building (Yokohama)

Overview: Constructed new building as logistics facility and R&D base to advance logistics technology research.
Impact: Improved logistics efficiency through technological innovation

2024: Obtained JCR Long-term Issuer Rating 'A'

Overview: Credit rating updated in recognition of management stability.
Impact: Reduced fundraising costs and strengthened creditworthiness

2021: Initiation of Robotics Introduction

Overview: Began trial operations of automated guided vehicles in warehouses.
Impact: Improved work efficiency and labor cost reductions

Sustainability

Setting and promoting carbon neutrality goals
Construction of low-environmental-impact logistics facilities
Enhanced safety measures for hazardous materials storage
Recycling promotion and waste reduction programs
Environmental protection activities in collaboration with local communities
Promotion of electric truck introduction
Acquisition of ISO14001 environmental management certification
Employee training for green logistics promotion
Ecological improvements in supply chains
Waste reduction and efficiency through digitalization