Maruhachi Warehouse

Basic Information

Stock Code: 9313
Industry: Warehousing and Transportation Related Business
Category Detail: Warehousing & Logistics
Prefecture: Tokyo
Establishment Year: March 1934
Listing Year: January 1963
Official Website: https://www.maru8.co.jp/
TSE Information: TSE Information
Yahoo! Finance: Yahoo! Finance
Other Companies: SBS Holdings, Kawaguchi Chemical, Nakano Refrigeration, Area Link, Konoike Transport, AZ-COM Maruwa Holdings, NIPPON EXPRESS HOLDINGS, Mitsubishi Warehouse, Mitsui Warehouse Holdings, Sumitomo Warehouse, Shibusawa Warehouse, Japan Transcity, Altech

Overview

Maruhachi Warehouse is a mid-sized company in the warehousing and logistics industry founded in 1934, specializing in logistics services and logistics real estate mainly in the Tokyo metropolitan area and Sendai City.

Current Situation

Maruhachi Warehouse achieved consolidated sales of approximately ¥4.9 billion and operating profit of approximately ¥770 million in the fiscal year ended November 2020, maintaining a stable business base. In its core logistics business, it owns warehouses in the Tokyo metropolitan area and Sendai, with a focus on 3PL and document storage services. The real estate business promotes new development of logistics properties, contributing to revenue diversification. Management is solid, with approximately 109 consolidated employees and an efficient organizational structure. In recent years, based on its medium-term management plan, it has been working to enhance logistics functions and develop services tailored to customer needs. On sustainability, it is advancing environmental impact reduction and governance strengthening. In the future, it plans to expand its logistics base in the Tokyo metropolitan area and Tohoku region to enhance regionally focused service competitiveness. Compared to competitors, it leverages flexible customer responsiveness and strengths in logistics real estate to maintain a solid presence in the mid-tier market.

Trivia

Interesting Facts

Utilizes logistics bases in Tokyo metropolitan area and Sendai City for regional closeness.
Over 90 years of history since founding.
Strategically developing logistics real estate business.
Early track record in entering 3PL business.
Established subsidiary specialized in document storage services.
¥2.5 billion in capital, stable finances despite mid-tier size.
Efficient operations with 109 employees.
Safety-focused management in the logistics industry.
Headquartered in Koto Ward, contributing to local economy.
Flexibility to meet diverse logistics needs as a strength.
Exists as an independent logistics company, not under a parent.
Advanced initiatives for reducing environmental impact.
Also has sales bases in Tohoku region.
Funded through warehouse securities since founding.
Corporate culture fostering good relations with local community.

Hidden Connections

Local major company Owariya Tsuchi is a major shareholder with strong capital ties.
Close collaboration with real estate industry through logistics real estate subsidiary Maruhachi Create.
Owns subsidiary Tohoku Maruhachi Unyu in Sendai City, forming logistics network in Tohoku.
Tokyo Marine & Nichido Fire Insurance as shareholder, enabling risk management collaboration.
Mitsubishi UFJ Trust Bank participates in capital, supporting funding and trust services.
Yomeishu Seizo as shareholder, deep ties to local industries.
Maintains unique positioning as mid-tier amid competition with logistics industry giants.
Differentiation from competitors through integrated real estate-logistics services via subsidiaries.

Future Outlook

Growth Drivers

Increasing logistics demand from e-commerce market expansion
Growing demand for domestic and international logistics real estate
Needs for advanced and diversified 3PL services
Energy-saving logistics backed by strengthened environmental regulations
Penetration of digital technologies into the logistics industry
Differentiation through strengthened regionally focused services
Expansion of third-party services
Promotion of document storage digitization and new demand
Response to workstyle reforms for labor securing
Advancement of medium- to long-term sustainability management

Strategic Goals

Achieve sales over ¥7 billion
Expand logistics real estate portfolio
Aim for over 30% reduction in environmental impact
Realize seamless 3PL services
Maximize operational efficiency through IT and IoT utilization
Strengthen coexistence and contributions with local communities
Build systems for talent development and acquisition
Promote 100% digitization of document management services
Explore overseas expansion and partner collaborations
Maintain and improve customer satisfaction over 90%

Business Segments

Warehouse Leasing Operations

Overview

Handles leasing and management of logistics facilities mainly in the Tokyo metropolitan area and Tohoku region.

Competitiveness

Regionally dense warehouse facility network

Customers

Logistics companies
Manufacturing
Retail
Trading companies
E-commerce operators

Products

Logistics warehouse leasing
Facility management
Equipment maintenance

3PL and Logistics

Overview

Provides customizable logistics services to support optimization of customers' supply chains.

Competitiveness

Flexible logistics solution provision capabilities

Customers

Manufacturing
Trading companies
E-commerce operators
Retail
Medical and pharmaceutical industry

Products

Logistics processing
Inventory management
Transportation and delivery
Cargo handling

Document Storage and Management

Overview

Deploys safe and efficient document storage services to support legal compliance.

Competitiveness

Advanced secure document management technology

Customers

Local governments
Law firms
Medical institutions
Manufacturing
Service industry

Products

Document storage services
Document retrieval and issue management
Electronic document conversion

Other Logistics-Related Services

Overview

Provides flexible logistics services tailored to diverse customer needs.

Competitiveness

Customized service development for specific customers

Customers

Event planning companies
Advertising agencies
Retail chains
Seasonal goods manufacturers

Products

Temporary storage
Transportation arrangements
Packing services

Competitive Advantage

Strengths

Strong base network in Tokyo metropolitan area and Sendai
Diverse logistics service offerings
Stable business base despite mid-tier size
Growth potential in logistics real estate business
Flexibility in responding to customer needs
Extensive experience in document storage services
Trust built in 3PL services
Regionally focused customer responsiveness
Long-standing industry trust and track record
Financial stability in capital and assets
Rational and efficient organizational operations
Competitive enhancement through appropriate investments
Established quality control systems
High employee expertise
Swift responsiveness as a mid-sized company

Competitive Advantages

Focused market deployment in Tokyo metropolitan area and Sendai City
Revenue diversification centered on logistics real estate business
Unique service provision in 3PL and document storage
Flexibility and proposal capabilities tailored to specific customer needs
Services backed by mid-tier agility and market understanding
Prompt delivery network utilizing regional bases
Long-term trust relationships and transaction networks with customers
Stable management supported by appropriate capital and asset investments
Corporate stance emphasizing environmental conservation and governance
Compliance with logistics industry laws and safety management systems
Service enhancement through collaboration with specialized subsidiaries
Organizational structure adaptable to market changes
Proactive stance toward new business development
High employee skills from focus on training
Advanced management systems for customer information protection

Threats

Intensifying price competition with major competitors
Unstable cargo volumes due to COVID-19 and similar factors
Rising delivery costs from fuel price surges
Labor shortages and difficulties in talent acquisition
Risk of aging logistics facilities
Risk of lagging behind IT technology advancements
Damage to warehouses and transportation networks from natural disasters
Cost increases from strengthened laws and regulations
Impact from economic fluctuations in customer industries
Increased operational costs from environmental regulations
Risk of cybersecurity breaches
Intensified market competition from new entrants

Innovations

2021: New Medium-Term Management Plan Formulated

Overview: Plan focusing on strengthening logistics and real estate businesses toward FY2020.
Impact: Sales target of ¥5.88 billion and improved service quality.

2022: Introduction of IT Logistics Management System

Overview: Adopted latest IT solutions to improve efficiency in warehouses and transportation/delivery.
Impact: 25% improvement in operational efficiency and accuracy.

2023: Advanced 3PL Services

Overview: Expansion of logistics services supporting overall supply chain optimization.
Impact: Expansion of new contracts and improved customer satisfaction.

2024: Introduction of Environmentally Friendly Warehouse Equipment

Overview: Installation of energy-saving and renewable energy-utilizing warehouse equipment.
Impact: Expected 15% reduction in CO2 emissions.

Sustainability

Promotion of energy-saving warehouse equipment introduction
Waste reduction and recycling promotion activities
Enhanced environmental education for employees
Strengthened safety and health management systems
Environmental conservation through collaboration with local communities