Overview
Warehousing and Harbor Transportation Service

KAWANISHI WAREHOUSE CO.,LTD.

Kawanishi Warehouse Co., Ltd. is a comprehensive logistics provider engaged in domestic logistics services—including warehousing, port transportation, freight forwarding, customs clearance, and distribution processing—primarily based in Japan's major port cities such as Kobe, Osaka, Nagoya, and Yokohama. The company also operates an international logistics segment centered on NVOCC (Non-Vessel Operating Common Carrier) multimodal transport services, handling import/export cargo and providing local warehousing operations across Southeast Asia and the Americas. Its competitive strengths lie in its century-long operational heritage, integrated port and inland logistics capabilities, and an expanding global network spanning Singapore, Thailand, Indonesia, and the United States.

Market Cap
¥17.8B
US$114M
EV
¥25.6B
US$163M
Stock¥2,321▼-0.98%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
10.2
x
LTM EV/EBIT
20.2
x
LTM PER
33.8
x
LTM PBR
0.8
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+48.4%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Nov 13, 25Vietnam TPL subsidiary acquisition completed
MC → EV Bridge
17.8BUS$114MMarket Cap11.6BUS$74.1M+ Debt5.49BUS$35.0M− Cash1.96BUS$12.5M− Inv. Sec.3.60BUS$23.0M+ NCI25.6BUS$163MEV
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Performance & Balance
Revenue 5Y (¥B)
23.6US$151M'22/327.1US$173M'23/325.0US$159M'24/325.5US$163M'25/326.4US$168M'26/3
EBITDA 5Y (¥B)
1.86US$11.8M'22/32.09US$13.3M'23/32.51US$16.0M'24/32.40US$15.3M'25/32.54US$16.2M'26/3
Net Income 5Y (¥B)
0.52US$3.34M'22/31.49US$9.52M'23/30.80US$5.08M'24/30.75US$4.76M'25/30.64US$4.06M'26/3
Capital Structure
65%
35%
EquityD/E 0.55xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
5.20US$33.2M10.9US$69.2M'22/36.21US$39.6M10.3US$66.0M'23/37.23US$46.1M9.48US$60.5M'24/36.91US$44.1M8.54US$54.5M'25/37.69US$49.0M9.55US$60.9M'26/3
Shareholders
Top 10 hold 52.4%
1
Yamato Scale Co.,Ltd.
16.57%
2
Tami KAWANISHI
7.22%
3
Hisaya KAWANISHI
6.25%
4
THE JAPAN WOOL TEXTILE CO.,LTD.
4.86%
5
Yasuo KAWANISHI
4.15%
6
Jiro KAWANISHI
2.85%
7
Akiko TAJIMA
2.75%
8
Keiko OTAKE
2.63%
9
Kawanishi Katsuzo Shokai Co., Ltd.
2.57%
10
Mizuho Bank, Ltd.
2.56%
Management
8 officers
Jiro KAWANISHI
Representative Director, President
Apr 1995 Joined Yasuda Fire & Marine Insurance Company, Limited (now Sompo Japan Insurance Inc.) Jun 2007 Joined Yamato Scale Co., Ltd. Apr 2010 Joined the Company; Planning Section Manager, General Affairs Department Apr 2011 General Manager, Sales Coordination Office May 2012 General Manager, President's Office Jun 2012 Director, General Manager, President's Office Jun 2014 Managing Director, General Manager, President's Office Jul 2014 Managing Director, General Manager, Corporate Planning Department May 2016 Managing Director Jun 2016 Managing Director, in charge of International Division Jun 2017 Managing Director, in charge of Administration and Planning Division Apr 2021 Representative Director, President (current)
1972-05-04
Makoto TAKASUGI
Managing Director, in charge of Administration and Planning Division
Apr 1988 Joined Fuji Bank, Ltd. (now Mizuho Bank, Ltd.) Jan 2008 Branch Manager, Senri-Chuo Branch, Mizuho Bank, Ltd. Oct 2011 Branch Manager, Higashi-Osaka Branch, Mizuho Bank, Ltd. Apr 2013 Branch Manager, Mitaka Branch, Mizuho Bank, Ltd. May 2016 Attached to Accounting Department of the Company (seconded) Jun 2016 General Manager, Accounting Department of the Company (seconded) Oct 2016 Joined the Company; General Manager, Accounting Department Apr 2017 General Manager, Corporate Planning Department Jun 2017 Director, General Manager, Corporate Planning Department Apr 2021 Managing Director, in charge of Administration and Planning Division (current)
1964-10-23
Ken KASAHARA
Director, in charge of International Division
Apr 1993 Joined the Company Jul 2004 Seconded to THAI KAWANISHI LIMITED Oct 2014 Deputy General Manager, International Department May 2016 General Manager, International Department Apr 2017 Executive Officer, General Manager, International Department Jun 2019 Director, General Manager, International Department Jun 2020 Director, in charge of International Division and General Manager, International Department Apr 2021 Director, in charge of International Division and Port Transportation Division Jun 2026 Director, in charge of International Division
1965-09-01
Satoshi NAGASHIMA
Director, in charge of Domestic Division East Japan
Apr 1989 Joined the Company Mar 2013 Deputy General Manager, Sales Department Apr 2015 General Manager, Sales Department Apr 2017 Executive Officer, General Manager, Sales Department Apr 2019 Executive Officer, General Manager, Kobe Branch Jun 2020 Director, in charge of Sales Division Apr 2021 Director, in charge of Domestic Division Jun 2026 Director, in charge of Domestic Division East Japan
1965-09-17
Masanori YOKOYAMA
Director, in charge of Domestic Division West Japan and Port Transportation Division
Apr 1994 Joined Kamigumi Co., Ltd. Jun 2002 Joined the Company Oct 2015 Deputy General Manager, Hanshin Branch May 2016 Deputy General Manager, Kobe Branch Oct 2017 Deputy Branch Manager, Kobe Branch Apr 2019 General Manager, Osaka Branch Jun 2020 General Manager, Kobe Branch Apr 2021 Executive Officer, General Manager, Kobe Branch Apr 2023 Senior Executive Officer, in charge of Domestic Division West Japan Sep 2025 Senior Executive Officer, in charge of Domestic Division West Japan and General Manager, Business Planning Department Apr 2026 Senior Executive Officer Jun 2026 Director, in charge of West Japan and Port Transportation Division
1969-09-13
Katsuhide YASUGI
Director, Audit and Supervisory Committee Member
Apr 1985 Joined The Taiyo Kobe Bank, Ltd. (now Sumitomo Mitsui Banking Corporation) Oct 2002 Branch Manager, Ota Branch, Sumitomo Mitsui Banking Corporation Jan 2005 Branch Manager, Higashi-Kakogawa Branch, Sumitomo Mitsui Banking Corporation Apr 2007 Branch Manager, Osaka Chuo Branch, Sumitomo Mitsui Banking Corporation Apr 2009 General Manager, Kyoto-Hokuriku Block Individual Business Department, Sumitomo Mitsui Banking Corporation Apr 2012 General Manager, Second Investment Trust Sales Department, Sumitomo Mitsui Asset Management Company, Limited Apr 2013 Executive Officer, Sumitomo Mitsui Asset Management Company, Limited Apr 2015 Councilor, Business Planning Department, Minato Bank, Ltd. Apr 2016 Executive Officer, General Manager, Branch Support Department, Minato Bank, Ltd. Apr 2017 Advisor, Minato Card Co., Ltd. Jun 2017 Representative Director, Executive Managing Director, Minato Card Co., Ltd. Jun 2022 Director, Senior Managing Executive Officer, Minato Card Co., Ltd. Jun 2024 Full-time Audit and Supervisory Committee Member and Outside Director of the Company (current)
1961-06-16
Masanori KUGAE
Director, Audit and Supervisory Committee Member
Oct 1996 Joined Asahi Audit Corporation (now Azsa LLC) Aug 1998 Joined Kyoritsu Audit Corporation Apr 2001 Registered as Certified Public Accountant (current) Jun 2007 Partner, Kyoritsu Audit Corporation Jul 2020 Representative Partner, Kyoritsu Audit Corporation (current) Jun 2023 Outside Director, Audit and Supervisory Committee Member of the Company (current)
1970-03-05
Goro MURATA
Director, Audit and Supervisory Committee Member
Oct 2005 Registered as Attorney-at-law; joined Kitayama & Doi Law Office (now Kobe Kyobashi Law Office LPC) Jan 2017 Partner Attorney, Kobe Kyobashi Law Office LPC (current) Jun 2026 Outside Director, Audit and Supervisory Committee Member of the Company
1978-10-01
Large Shareholding Reports
Mizuho Trust & Banking Co., Ltd.
2026-09-07
3.06%→1.46%
Tami KAWANISHI
2026-09-04
7.22%→6.83%
Annual report (as of 2026-03-31): 7.22%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-09-07
Large Shareholding Report
EDINET
2026-09-04
Large Shareholding Report
TDnet
2026-08-13
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-22
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-02-09
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-13
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-12
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-24
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-12
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-12
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-09
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-25
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-13
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-10
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-14
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINETAmended
2023-06-28
Amended Annual Securities Report
Period: Apr 2019 – Mar 2020
EDINETAmended
2023-06-28
Amended Annual Securities Report
Period: Apr 2021 – Mar 2022
EDINETAmended
2023-06-28
Amended Annual Securities Report
Period: Apr 2020 – Mar 2021
EDINET
2023-06-28
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINETAmended
2023-06-28
Amended Annual Securities Report
Period: Apr 2018 – Mar 2019
EDINET
2023-02-08
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-09
Quarterly Securities Report
EDINET
2022-08-09
Quarterly Securities Report
EDINET
2022-06-28
Annual Securities Report
EDINET
2022-02-08
Quarterly Securities Report
EDINET
2021-11-09
Quarterly Securities Report
EDINET
2021-08-10
Quarterly Securities Report
EDINET
2021-06-25
Annual Securities Report
EDINET
2021-02-09
Quarterly Securities Report
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