Higashi Twenty One Co., Ltd. logo

Higashi Twenty One Co., Ltd.

9029.T

JPXIndustrialsIntegrated Freight & Logistics

Latest quote

¥1,934

+¥15.00 · +0.78%

Aug 25, 9:00 AM JSTData delayed

9029.T company overview

Historical prices · Market data may be delayed.

Company profile

Company website

Higashi Twenty One Co., Ltd. is a comprehensive Japanese logistics provider headquartered in Osaka. The company's diverse services span transportation, delivery, and extensive distribution center and warehouse storage, along with logistics processing and industrial waste management. It further offers Business Process Outsourcing (BPO) solutions, which include managing in-house document logistics and mailroom operations, securely sorting and dispatching forms containing personal information, and providing secure storage and recycling for confidential documents. Additionally, Higashi Twenty One facilitates office relocation projects. Its broad portfolio also extends to providing on-site logistics support within buildings, operating retail outlets under the "Hills 21" brand, delivering PC kitting and IT-related services, and engaging in the rental and sale of welfare equipment such as beds and wheelchairs, as well as the distribution of hygiene products, including adult disposable diapers. The company's operations also encompass temporary staffing and parking lot management. Established in 1944, the firm was formerly known as Eastern Transportation Service Co., Ltd., adopting its current name, Higashi Twenty One Co., Ltd., in February 2002.

Industry
Integrated Freight & Logistics
Sector
Industrials
Headquarters
JP
CEO
Kazuhiro Kojima
Listed since
Feb 22, 2010
Employees
1,744

Market position

Day range

Current ¥1,934

52-week range

Current ¥1,934

Open
¥1,956
Previous close
¥1,919
Volume
2.9K
0.24× average
Average volume
11.88K
Average daily volume
Market cap
25.29B JPY
Beta
0.67
Market reference 1
50-day average
¥1,917.36
+0.87% above average
200-day average
¥1,915.03
+0.99% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
25.49B JPY
P/E (TTM)
9.28×
P/B (TTM)
1.55×
P/S (TTM)
0.42×
EV / EBITDA
4.58×
Earnings yield
10.66%
Free cash flow yield
17.94%
Dividend yield
3.10%

Profitability & efficiency

Gross margin
19.07%
Operating margin
7.00%
Net margin
4.52%
Return on equity
16.15%
Return on assets
7.11%
Return on invested capital
9.11%

Financial health

Debt / equity
0.58×
Current ratio
1.21×
Altman Z-score
3.34
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends22%16%9%2%Gross margin, FY2021: 20.78%Gross margin, FY2022: 20.14%Gross margin, FY2023: 19.14%Gross margin, FY2024: 18.75%Gross margin, FY2025: 19.14%Operating margin, FY2021: 5.28%Operating margin, FY2022: 5.48%Operating margin, FY2023: 5.39%Operating margin, FY2024: 5.69%Operating margin, FY2025: 6.98%Net margin, FY2021: 4.01%Net margin, FY2022: 3.64%Net margin, FY2023: 3.71%Net margin, FY2024: 3.75%Net margin, FY2025: 4.49%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 20.78%. Gross margin FY2022 20.14%. Gross margin FY2023 19.14%. Gross margin FY2024 18.75%. Gross margin FY2025 19.14%. Operating margin FY2021 5.28%. Operating margin FY2022 5.48%. Operating margin FY2023 5.39%. Operating margin FY2024 5.69%. Operating margin FY2025 6.98%. Net margin FY2021 4.01%. Net margin FY2022 3.64%. Net margin FY2023 3.71%. Net margin FY2024 3.75%. Net margin FY2025 4.49%.

Income trends

Revenue

57.97B JPY+20.46%

Operating income

4.04B JPY+47.62%

Net income

2.6B JPY+44.12%
Income trends across reported periods63.66B JPY40.92B JPY18.18B JPY−4.56B JPYRevenue, FY2021: 27.95B JPYRevenue, FY2022: 34.81B JPYRevenue, FY2023: 40.64B JPYRevenue, FY2024: 48.13B JPYRevenue, FY2025: 57.97B JPYOperating income, FY2021: 1.48B JPYOperating income, FY2022: 1.91B JPYOperating income, FY2023: 2.19B JPYOperating income, FY2024: 2.74B JPYOperating income, FY2025: 4.04B JPYNet income, FY2021: 1.12B JPYNet income, FY2022: 1.27B JPYNet income, FY2023: 1.51B JPYNet income, FY2024: 1.81B JPYNet income, FY2025: 2.6B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 27.95B JPY. Revenue FY2022 34.81B JPY. Revenue FY2023 40.64B JPY. Revenue FY2024 48.13B JPY. Revenue FY2025 57.97B JPY. Operating income FY2021 1.48B JPY. Operating income FY2022 1.91B JPY. Operating income FY2023 2.19B JPY. Operating income FY2024 2.74B JPY. Operating income FY2025 4.04B JPY. Net income FY2021 1.12B JPY. Net income FY2022 1.27B JPY. Net income FY2023 1.51B JPY. Net income FY2024 1.81B JPY. Net income FY2025 2.6B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue57.97B JPY48.13B JPY40.64B JPY34.81B JPY27.95B JPY
Cost of goods sold46.88B JPY39.1B JPY32.86B JPY27.8B JPY22.15B JPY
Gross profit11.1B JPY9.03B JPY7.78B JPY7.01B JPY5.81B JPY
Selling, general, and administrative7.05B JPY6.29B JPY5.59B JPY5.1B JPY4.33B JPY
Operating expenses7.05B JPY6.29B JPY5.59B JPY5.1B JPY4.33B JPY
Interest income2.09M JPY328K JPY66K JPY120K JPY52K JPY
Interest expense69.56M JPY32.65M JPY13.17M JPY11.1M JPY9M JPY
Depreciation and amortization1.41B JPY1.17B JPY884.87M JPY660.18M JPY548.95M JPY
Operating income4.04B JPY2.74B JPY2.19B JPY1.91B JPY1.48B JPY
Net income2.6B JPY1.81B JPY1.51B JPY1.27B JPY1.12B JPY

Company facts updated Aug 25, 2026.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥42.00

2025 complete year+133.3% since 2021

2026 partial: ¥60.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Mar 30, 2027

¥62.00

Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥60.00

Annual

Record Mar 31, 2026 · Payment Jun 15, 2026

Dividend

Ex-dividend Mar 28, 2025

¥42.00

Annual

Record Mar 31, 2025 · Payment Jun 16, 2025

Dividend

Ex-dividend Mar 28, 2024

¥36.00

Annual

Record Mar 31, 2024 · Payment Jun 17, 2024

Dividend

Ex-dividend Mar 30, 2023

¥30.00

Annual

Record Mar 31, 2023 · Payment Jun 19, 2023

Dividend

Ex-dividend Mar 30, 2022

¥26.00

Annual

Record Mar 31, 2022 · Payment Jun 22, 2022

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