Overview
Land Transportation

TOHBU NETWORK CO.,LTD.

Tobu Network Co., Ltd. is a freight trucking company headquartered in Yokohama, Japan, providing road freight transportation services across Japan with a focus on industrial goods including petroleum products, cement, glass containers, beverages, and chemical products. The company also operates logistics centers (3PL services) in key regions including Kanto, Hokuriku, Kansai, Chubu, and Tohoku, serving major clients such as Coca-Cola bottlers and glass manufacturers. In addition to its core trucking operations, the company engages in real estate leasing, sale of petroleum products and cement, and automobile maintenance services.

Market Cap
¥6.14B
US$39.2M
EV
¥-0.53B
-US$3.37M
Stock¥1,119▼-0.18%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
NM
LTM EV/EBIT
NM
LTM PER
23.6
x
LTM PBR
0.3
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-9.4%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
6.14BUS$39.2MMarket Cap0.64BUS$4.09M+ Debt4.19BUS$26.7M− Cash3.12BUS$19.9M− Inv. Sec.-0.53B-US$3.37MEV
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Performance & Balance
Revenue 5Y (¥B)
8.84US$56.4M'22/39.87US$63.0M'23/310.3US$65.7M'24/310.4US$66.1M'25/310.1US$64.3M'26/3
EBITDA 5Y (¥B)
0.96US$6.12M'22/31.01US$6.46M'23/30.99US$6.30M'24/30.82US$5.20M'25/30.80US$5.08M'26/3
Net Income 5Y (¥B)
0.27US$1.74M'22/30.41US$2.64M'23/30.08US$0.50M'24/30.11US$0.67M'25/30.30US$1.91M'26/3
Capital Structure
97%
EquityD/E 0.03xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
5.19US$33.1M'22/35.25US$33.5M0.70US$4.44M'23/36.71US$42.8M0.81US$5.20M'24/36.70US$42.8M0.75US$4.75M'25/37.29US$46.5M0.68US$4.37M'26/3
Shareholders
Top 10 hold 53.4%
1
Nobuhiro NAKAMURA
25.11%
2
Maruzen Showa Unyu Co.,Ltd.
7.80%
3
ASAGAMI CORPORATION
5.69%
4
Custody Bank of Japan, Ltd. (Trust Account)
3.45%
5
Chizuko NAKAMURA
2.12%
6
Mizuho Bank, Ltd. (Standing Proxy: Custody Bank of Japan, Ltd.)
1.96%
7
Sumitomo Mitsui Trust Bank, Limited (Standing Proxy: Custody Bank of Japan, Ltd.)
1.95%
8
Masahiro NAKAMURA
1.79%
9
Hokuriku Coca-Cola Bottling Co., Ltd.
1.77%
10
Nomura Securities Co., Ltd.
1.73%
Management
9 officers
Yoshitaka WAKAYAMA
Representative Director, President and Executive Officer
Feb 1994 Joined the Company Jun 2008 Director and Executive Officer; General Manager, Sales Division Apr 2010 Director and Executive Officer; General Manager, Sales Development Department, Sales Division Apr 2012 Director and Executive Officer; General Manager, Sales Development Department, Sales Division; in charge of Higashi Ebina Logistics Center and Harima and Saitama Sales Offices Jun 2013 Director and Executive Officer; General Manager, Sales Development Department; in charge of 1st Sales Division Jun 2015 Managing Director and Managing Executive Officer; General Manager, Sales Development Department, 1st Sales Division Jun 2016 Representative Director, President Oct 2022 Director, Uozu Unyu Co., Ltd. (current) Jun 2023 Representative Director, President and Executive Officer (current) Apr 2024 Director, TS Unyu Co., Ltd. (current)
1960-11-11
Hideyuki MISAWA
Representative Director, Senior Managing Director and Senior Managing Executive Officer
Mar 1989 Joined the Company Apr 2003 Executive Officer; General Manager, Accounting Department Jun 2006 Director and Executive Officer; General Manager, Accounting Department Oct 2008 Director and Managing Executive Officer; General Manager, Accounting Department Jun 2009 Managing Director and Managing Executive Officer; General Manager, Administration Division and General Manager, Corporate Planning Office Jun 2015 Representative Director, Senior Managing Director and Senior Managing Executive Officer (current)
1963-05-23
Satoshi ABE
Managing Director and Managing Executive Officer; General Manager, Sales Headquarters
Apr 1989 Joined Fuji Coca-Cola Bottling Co., Ltd. Oct 2006 General Manager, Logistics Department, Coca-Cola National Beverage Co., Ltd. Jan 2009 General Manager, Logistics Department, Coca-Cola East Japan Products Co., Ltd. Jul 2013 General Manager, Transportation Management Department, Coca-Cola East Japan Co., Ltd. Jan 2020 General Manager, Kanagawa/Yamanashi Logistics Department, SCM Headquarters, Coca-Cola Bottlers Japan Inc. Jun 2021 Joined the Company as Executive Officer; General Manager, East Japan Sales Department Apr 2022 Representative Director, President, Tohoku Sanko Co., Ltd. (current) Jun 2022 Director and Executive Officer; General Manager, East Japan Sales Department Oct 2023 Director and Executive Officer; in charge of Logistics Innovation and Safety Quality Nov 2023 Director, Uozu Unyu Co., Ltd. (current) Jun 2024 Managing Director and Managing Executive Officer Oct 2024 Managing Director and Managing Executive Officer; General Manager, Sales Headquarters (current)
1965-04-09
Kazuki WATANABE
Director and Executive Officer; General Manager, Corporate Planning Office
Apr 1985 Joined Nikkan Sumitomo Securities Co., Ltd. (now Mizuho Securities Co., Ltd.) Jan 1987 Seconded to Kidder Peabody (New York) and Hambros Bank (New York), U.S. investment banks Apr 1999 Transferred to Dai-Ichi Kangyo Bank, Ltd. (now Mizuho Bank, Ltd.) Sep 2004 Senior Advisor, Corporate Planning Department, Mizuho Bank, Ltd. Jul 2012 General Manager, Advisory Department VII, Mizuho Securities Co., Ltd. Apr 2015 Seconded to Nissha Printing Co., Ltd. (now NISSHA Co., Ltd.) as Manager, Business Planning Department Jan 2021 Chief Specialist, Business Planning Office, NISSHA Co., Ltd. Mar 2022 Joined the Company; General Manager, Corporate Strategy Planning Office Jun 2023 Director and Executive Officer; General Manager, Corporate Strategy Planning Office Oct 2023 Director and Executive Officer; General Manager, Corporate Planning Office (current) Jun 2026 Director, Tohoku Sanko Co., Ltd. (current)
1961-09-20
Eri IWABUCHI
Director
Apr 2016 Joined Sumitomo Mitsui Trust Bank, Limited May 2016 Registered as attorney-at-law Feb 2019 Joined Proact Law Office (current) Dec 2022 Outside Director, Seiyu Kogyo Co., Ltd. (current) Sep 2023 Outside Corporate Auditor, Pillbox Japan Inc. Nov 2023 Outside Director (Audit and Supervisory Committee Member), Pillbox Japan Inc. Jun 2024 Director of the Company (current)
1990-02-09
Rie IIJIMA
Director (Full-time Audit and Supervisory Committee Member)
Oct 2008 Joined the Company; Section Manager, Accounting Department Apr 2014 Section Manager, Sales Department Apr 2022 General Manager, Operations Department Jun 2023 Director (Full-time Audit and Supervisory Committee Member) of the Company (current) Apr 2024 Corporate Auditor, TS Unyu Co., Ltd. (current)
1961-09-29
Takafumi TSUBOI
Director (Audit and Supervisory Committee Member)
Apr 1987 Joined Fuji Bank, Ltd. (now Mizuho Bank, Ltd.) Apr 2002 Senior Advisor, London Branch, Mizuho Corporate Bank, Ltd. May 2007 Deputy General Manager, Corporate Banking Department VIII, Mizuho Corporate Bank, Ltd. Jul 2008 Deputy General Manager, Corporate Banking Department IV, Mizuho Corporate Bank, Ltd. Jul 2011 General Manager, Marunouchi Department II, Mizuho Bank, Ltd. Apr 2015 General Manager, Chemicals Department, Nippon Carlit Co., Ltd. Apr 2017 Senior Executive Officer; General Manager, Factoring Business Division, Mizuho Factor, Ltd. Dec 2018 Director and Managing Executive Officer, Mizuho Factor, Ltd. Jun 2023 Director (Audit and Supervisory Committee Member) of the Company (current) Jun 2023 Outside Corporate Auditor, Tokyo Traffic Development Co., Ltd. (current) Dec 2023 Outside Corporate Auditor, Pacific Consultants Co., Ltd. (current) Jan 2026 Outside Corporate Auditor, Padeco Co., Ltd. (current)
1962-10-23
Nobuko TAMURA
Director (Audit and Supervisory Committee Member)
Apr 1998 Registered as attorney-at-law; joined Shinkanda Law Office Oct 2004 Researcher, Institute for Legal Practice Education, Soka University Law School Apr 2007 Full-time Lecturer, Soka University Law School Apr 2019 Professor, Soka University Law School (current) Apr 2020 Assistant Dean, Soka University Law School; Director, Institute for Legal Practice Education (current) Apr 2024 Dean, Soka University Law School (current) Jun 2024 Director (Audit and Supervisory Committee Member) of the Company (current)
1972-01-07
Satoshi OTSUKA
Director (Audit and Supervisory Committee Member)
Apr 1985 Joined Sumitomo Trust & Banking Co., Ltd. (now Sumitomo Mitsui Trust Bank, Limited) Aug 2008 Deputy General Manager, Retail Planning Promotion Department (Head Office), Sumitomo Trust & Banking Co., Ltd. May 2010 Seconded to Business Next Co., Ltd. as Director; General Manager, Corporate Management Department Apr 2012 Deputy General Manager, Retail Trust Operations Department, Sumitomo Mitsui Trust Bank, Limited Jul 2013 Seconded to Sumitomo Mitsui Trust Business Service Co., Ltd. as General Manager, Human Resources Department Apr 2015 Seconded to Seibi Co., Ltd. as General Manager, General Affairs Department Apr 2016 Executive Officer and Director, Seibi Co., Ltd.; Director, Seibi Property Management Co., Ltd. Apr 2019 Executive Officer, Seibi Co., Ltd.; Representative Director, President, Seibi Property Management Co., Ltd. Mar 2025 Executive Officer, Seibi Co., Ltd. Jun 2025 Director (Audit and Supervisory Committee Member) of the Company (current) Oct 2025 Advisor, Seibi Co., Ltd. (current)
1962-10-04
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-12
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-25
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-02-12
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-08
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-25
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-12
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-14
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINETAmended
2024-09-04
Amended Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINETAmended
2024-09-04
Amended Annual Securities Report
Period: Apr 2023 – Mar 2024
TDnet
2024-08-09
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-26
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-14
Securities Registration Statement
EDINET
2023-11-13
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-14
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-27
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-14
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINETAmended
2022-11-28
Amended Annual Securities Report
EDINETAmended
2022-11-22
Amended Annual Securities Report
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-12
Quarterly Securities Report
EDINET
2022-06-28
Annual Securities Report
EDINETAmended
2022-06-09
Amended Quarterly Securities Report
EDINETAmended
2022-06-09
Amended Quarterly Securities Report
EDINETAmended
2022-06-09
Amended Quarterly Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-13
Quarterly Securities Report
EDINET
2021-06-25
Annual Securities Report
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