Azuma Shipping Co., Ltd. logo

Azuma Shipping Co., Ltd.

9380.T

JPXIndustrialsMarine Shipping

Latest quote

¥439

+¥1.00 · +0.23%

Aug 24, 3:30 PM JST

9380.T company overview

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Company profile

Company website

Headquartered in Tokyo, Japan, Azuma Shipping Co., Ltd., established in 1917, operates a diverse portfolio of businesses both domestically and on an international scale. Its core activities revolve around logistics and maritime transportation. The company offers a full spectrum of shipping services, covering both coastal and global routes. Its comprehensive transportation solutions include road haulage (truck and car-ferry transport, ocean container trucking), specialized handling for project cargo and large construction machinery, vessel chartering, less-than-container-load (LCL) services, and air freight. Azuma Shipping also supports international trade through various export/import services, such as facilitating customs clearance, managing terminal operations, and providing warehousing and packing solutions. The company's logistics offerings extend to third-party logistics (3PL) and environmental solutions. Within harbor operations, services encompass marine cargo handling, stevedoring, barge transportation, cargo sorting, and storage. For land-based movements, Azuma Shipping provides general cargo transport, ocean container hauling, bulk cement delivery, and relocation services. Furthermore, it offers warehousing management, factory work contracting, and acts as an agent for steamship companies. The company maintains and operates its own fleet, which includes oceangoing and coastal cement tankers, alongside general cargo vessels. Beyond its primary transport and logistics functions, Azuma Shipping diversifies into real estate by leasing properties and is also involved in the production and sale of agricultural products.

Industry
Marine Shipping
Sector
Industrials
Headquarters
JP
CEO
Shinsuke Matsui
Listed since
Mar 1, 2006
Employees
753

Market position

Volume
14.6K
0.82× average
Average volume
17.78K
Average daily volume
Market cap
12.21B JPY
Beta
0.34
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
18.53B JPY
P/E (TTM)
11.42×
P/B (TTM)
0.65×
P/S (TTM)
0.3×
EV / EBITDA
7.79×
Earnings yield
6.36%
Free cash flow yield
-16.69%
Dividend yield
1.82%

Profitability & efficiency

Gross margin
11.38%
Operating margin
3.10%
Net margin
2.61%
Return on equity
3.91%
Return on assets
1.64%
Return on invested capital
1.80%

Financial health

Debt / equity
0.64×
Current ratio
1.23×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends12%8%4%-1%Gross margin, FY2021: 9.17%Gross margin, FY2022: 9.14%Gross margin, FY2023: 8.81%Gross margin, FY2024: 10.07%Gross margin, FY2025: 10.58%Operating margin, FY2021: 1.73%Operating margin, FY2022: 1.61%Operating margin, FY2023: 0.73%Operating margin, FY2024: 1.57%Operating margin, FY2025: 2.17%Net margin, FY2021: 1.61%Net margin, FY2022: 0.48%Net margin, FY2023: 0.80%Net margin, FY2024: 1.47%Net margin, FY2025: 1.80%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 9.17%. Gross margin FY2022 9.14%. Gross margin FY2023 8.81%. Gross margin FY2024 10.07%. Gross margin FY2025 10.58%. Operating margin FY2021 1.73%. Operating margin FY2022 1.61%. Operating margin FY2023 0.73%. Operating margin FY2024 1.57%. Operating margin FY2025 2.17%. Net margin FY2021 1.61%. Net margin FY2022 0.48%. Net margin FY2023 0.80%. Net margin FY2024 1.47%. Net margin FY2025 1.80%.

Income trends

Revenue

40.15B JPY+1.90%

Operating income

873.11M JPY+41.14%

Net income

722.84M JPY+25.05%
Income trends across reported periods45.59B JPY29.09B JPY12.58B JPY−3.93B JPYRevenue, FY2021: 39.61B JPYRevenue, FY2022: 41.47B JPYRevenue, FY2023: 39.75B JPYRevenue, FY2024: 39.4B JPYRevenue, FY2025: 40.15B JPYOperating income, FY2021: 684.3M JPYOperating income, FY2022: 666.33M JPYOperating income, FY2023: 288.29M JPYOperating income, FY2024: 618.61M JPYOperating income, FY2025: 873.11M JPYNet income, FY2021: 635.84M JPYNet income, FY2022: 197.71M JPYNet income, FY2023: 317.01M JPYNet income, FY2024: 578.02M JPYNet income, FY2025: 722.84M JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 39.61B JPY. Revenue FY2022 41.47B JPY. Revenue FY2023 39.75B JPY. Revenue FY2024 39.4B JPY. Revenue FY2025 40.15B JPY. Operating income FY2021 684.3M JPY. Operating income FY2022 666.33M JPY. Operating income FY2023 288.29M JPY. Operating income FY2024 618.61M JPY. Operating income FY2025 873.11M JPY. Net income FY2021 635.84M JPY. Net income FY2022 197.71M JPY. Net income FY2023 317.01M JPY. Net income FY2024 578.02M JPY. Net income FY2025 722.84M JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue40.15B JPY39.4B JPY39.75B JPY41.47B JPY39.61B JPY
Cost of goods sold35.9B JPY35.43B JPY36.25B JPY37.68B JPY35.98B JPY
Gross profit4.25B JPY3.97B JPY3.5B JPY3.79B JPY3.63B JPY
Selling, general, and administrative3.37B JPY3.35B JPY3.21B JPY3.12B JPY2.95B JPY
Operating expenses3.37B JPY3.35B JPY3.21B JPY3.12B JPY2.95B JPY
Interest income14.76M JPY7.62M JPY8.8M JPY8.57M JPY9.21M JPY
Interest expense121.03M JPY81.64M JPY91.91M JPY96.52M JPY79.23M JPY
Depreciation and amortization1.51B JPY1.31B JPY1.22B JPY1.25B JPY1.27B JPY
Operating income873.11M JPY618.61M JPY288.29M JPY666.33M JPY684.3M JPY
Net income722.84M JPY578.02M JPY317.01M JPY197.71M JPY635.84M JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
13.63

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates14.6410.035.420.81Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Oct 30, 2024: actual 6.62, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 14, 2025: actual 8.64, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 15, 2025: actual 3.09, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual 0.95, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 12, 2025: actual 4.99, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 10, 2026: actual 8.65, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 15, 2026: actual 11.17, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 12, 2026: actual 13.63, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates11.22B10.52B9.83B9.13BQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Oct 30, 2024: actual 9.86B JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 14, 2025: actual 10.15B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 15, 2025: actual 9.56B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual 9.74B JPY, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 12, 2025: actual 9.93B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 10, 2026: actual 10.2B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 15, 2026: actual 10.29B JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 12, 2026: actual 10.78B JPY, estimate —, surprise —, Comparison unavailable.

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