Overview
Land Transportation

Maruzen Showa Unyu Co.,Ltd.

Maruzen Showa Unyu is a comprehensive logistics company providing freight trucking, port transportation, warehousing, customs brokerage, and in-plant material handling services primarily to industrial clients in the steel, chemical, and manufacturing sectors. The company operates an integrated domestic network through 18 domestic subsidiaries spanning Hokkaido to Kyushu, complemented by 11 overseas subsidiaries across the US, China, Hong Kong, Singapore, Vietnam, Malaysia, Korea, and South America. Its competitive strengths lie in end-to-end supply chain solutions—from factory floor in-plant operations and bulk terminal handling to international freight forwarding—positioning the group as a specialized logistics partner for major manufacturers.

Market Cap
¥143B
US$913M
EV
¥93.7B
US$596M
Stock¥3,720▼-0.93%
US$1 = ¥157.05 (2026-10-22)
LTM EV/EBITDA
4.6
x
LTM EV/EBIT
6.0
x
LTM PER
11.4
x
LTM PBR
1.0
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-16.5%pt
10012
Oct 23, 25 – Oct 23, 26StockTOPIX
1Jan 5, 26Logistics & maintenance company acquisition plan announced
2Aug 12, 26Q1 FY2027/03 earnings announced
MC → EV Bridge
143BUS$913MMarket Cap26.2BUS$167M+ Debt18.9BUS$121M− Cash59.4BUS$378M− Inv. Sec.2.32BUS$14.8M+ NCI93.7BUS$596MEV
AI Briefing
Generating insights…
Performance & Balance
Revenue 5Y (¥B)
137US$871M'22/3141US$897M'23/3140US$893M'24/3145US$921M'25/3149US$946M'26/3
EBITDA 5Y (¥B)
16.3US$104M'22/317.6US$112M'23/318.2US$116M'24/319.6US$125M'25/320.4US$130M'26/3
Net Income 5Y (¥B)
8.58US$54.6M'22/38.93US$56.9M'23/39.74US$62.0M'24/39.80US$62.4M'25/312.7US$80.8M'26/3
Capital Structure
85%
EquityD/E 0.18xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
34.2US$218M33.0US$210M'22/335.6US$227M31.5US$201M'23/345.8US$292M30.7US$196M'24/348.7US$310M29.0US$184M'25/354.1US$344M26.6US$170M'26/3
Shareholders
Top 10 hold 46.6%
1
Marufuku Shoji Co., Ltd.
8.40%
2
The Master Trust Bank of Japan, Ltd. (Trust Account)
8.09%
3
Meiji Yasuda Life Insurance Company
6.22%
4
The Bank of Yokohama, Ltd.
4.61%
5
Maruzen Showa Unyu Co.,Ltd. Business Partners' Stock Ownership Association
4.22%
6
THE SFP VALUE REALIZATION MASTER FUND LTD. (Standing Proxy: Tachibana Securities Co., Ltd.)
4.04%
7
Mitsubishi UFJ Trust and Banking Corporation
3.33%
8
AVI JAPAN OPPORTUNITY TRUST PLC (Standing Proxy: Mizuho Bank, Ltd.)
2.98%
9
Custody Bank of Japan, Ltd. (Trust Account)
2.43%
10
Yokohama Shinko Co., Ltd.
2.25%
Management
8 officers
Toshiyuki ASAI
Representative Director, Chairman
Mar 1968 Joined the Company Oct 1996 Chubu Branch Manager Apr 2001 Kansai Branch Manager Jun 2001 Director Jun 2005 Managing Director Jun 2007 General Manager, Sales Division Jun 2009 Representative Director, Senior Managing Director Jun 2012 Representative Director, President Jun 2020 Representative Director, President and Executive Officer Jun 2022 Representative Director, Chairman (current)
1945-06-27
Hiroji OKADA
Representative Director, President and Executive Officer
Mar 1982 Joined the Company Jun 2009 Chubu Branch Manager Jun 2015 Director Oct 2015 Kansai Branch Manager Jun 2017 Managing Director Jun 2019 Representative Director, Senior Managing Director; General Manager, Sales Division Jun 2020 Representative Director, Senior Managing Executive Officer Jun 2022 Representative Director, President and Executive Officer (current)
1958-12-01
Masahiro NAKAMURA
Representative Director, Senior Managing Executive Officer
Jul 1987 Joined the Company Apr 1999 General Manager, Corporate Planning Office Jun 1999 Director Jun 2001 Managing Director Jun 2019 Representative Director and Chairman, Kokusai Futo Co., Ltd. (current) Jun 2020 Director, Managing Executive Officer Jun 2022 Representative Director, Senior Managing Executive Officer (current)
1960-08-29
Yuichi ANDO
Director, Senior Managing Executive Officer
Mar 1989 Joined the Company Apr 2013 General Manager, Sales Planning Department Apr 2016 General Manager, 3PL Business Division Jun 2017 Director Jun 2017 Representative Director and President, Marufuku Hokkaido Unso Co., Ltd. Jun 2019 Managing Director; Deputy General Manager, Sales Division Jun 2020 Director, Managing Executive Officer Apr 2021 General Manager, Sales Division Jun 2022 Director, Senior Managing Executive Officer (current)
1965-04-15
Yasuhiro SHIBUYA
Director (Audit and Supervisory Committee Member) (Full-time)
Apr 1983 Joined The Bank of Yokohama, Ltd. Apr 2010 Executive Officer; General Manager, Loan Division, The Bank of Yokohama, Ltd. May 2012 Executive Officer, The Bank of Yokohama, Ltd. Jun 2013 Director and Executive Officer, The Bank of Yokohama, Ltd. Apr 2016 Director, The Bank of Yokohama, Ltd. Jun 2016 Audit & Supervisory Board Member of the Company Nov 2016 Outside Audit & Supervisory Board Member, Yurindo Co., Ltd. Jun 2020 Director (Audit and Supervisory Committee Member) of the Company (current)
1961-02-03
Akinobu NAITO
Director (Audit and Supervisory Committee Member)
Apr 1971 Joined Mitsubishi Corporation Jul 1998 President, California Oils Corp. Jun 2002 Representative Director and President, Kokusai Futo Co., Ltd. Jun 2002 Representative Director and President, KF Co., Ltd. Jun 2011 Director of the Company Jun 2020 Chairman of the Board of Trustees, Jissen Gakuen (school corporation) Jun 2020 Director (Audit and Supervisory Committee Member) of the Company (current)
1948-12-12
Izumi KUWANO
Director (Audit and Supervisory Committee Member)
Feb 1988 Joined Tamanoyu Co., Ltd. Apr 1995 Senior Managing Director, Tamanoyu Co., Ltd. Oct 2003 Representative Director and President, Tamanoyu Co., Ltd. (current) Jun 2012 Outside Director, The Oita Bank, Ltd. Jun 2014 Outside Director, Kyushu Railway Company Jun 2022 Director (Audit and Supervisory Committee Member) of the Company (current)
1964-08-01
Etsuko KAWAGUCHI
Director (Audit and Supervisory Committee Member)
Oct 1995 Joined Tohmatsu & Co. (now Deloitte Touche Tohmatsu LLC) Mar 1999 Registered as Certified Public Accountant Jun 2000 Joined PwC Financial Advisory Services Co., Ltd. Jun 2002 Joined Chuo Aoyama Audit Corporation Jun 2011 Opened Kawaguchi CPA Office; Principal (current) Jun 2025 Outside Audit & Supervisory Board Member, Zuken Inc. (current) Jun 2026 Director (Audit and Supervisory Committee Member) of the Company (current)
1973-01-15
Large Shareholding Reports
Mitsubishi UFJ Trust and Banking Corporation
2026-06-15
4.61%→4.06%
Annual report (as of 2026-03-31): 3.33%
Symphony Financial Partners (Singapore) Pte. Ltd.
2025-10-22
5.21%→5.22%
Symphony Financial Partners (Singapore) Pte. Ltd.
2025-06-20
5.21%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-10
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-25
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-06-15
Large Shareholding Report
TDnet
2026-02-09
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-13
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-10-22
Large Shareholding Report
TDnet
2025-08-12
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-26
Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINET
2025-06-20
Large Shareholding Report
TDnet
2025-02-10
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-13
Semi-Annual Securities Report
Period: Apr 2024 – Sep 2024
TDnet
2024-08-08
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-27
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-10
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-29
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-13
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-06-29
Annual Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-11-11
Quarterly Securities Report
EDINET
2021-08-12
Quarterly Securities Report
EDINET
2021-06-29
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
Ask AI
I have this company's financials, ownership, and management on hand. Ask me anything from an M&A perspective.
End of Preview

Try the full product

Free demo (no time limit, up to 10 companies). Explore Comps, DCF, LBO, WACC on every screen. Excel export is on the paid plan.

Free Demo (No Time Limit, 10 Companies) →