Overview
Warehousing and Harbor Transportation Service

RINKO CORPORATION

Rinko Corporation is a Niigata-based integrated logistics and port services company, primarily operating harbor transportation, warehousing, freight trucking, and railway freight forwarding centered on Niigata Port. The company also engages in real estate leasing, hotel operations (ANA Crowne Plaza Hotel Niigata), construction machinery sales and maintenance, and customs brokerage services. Its core competitive strength lies in its dominant position as a comprehensive sea-land integrated logistics operator at Niigata Port, one of Japan's key Sea of Japan-facing gateway ports.

Market Cap
¥5.86B
US$37.4M
EV
¥7.24B
US$46.2M
Stock¥2,224▼-1.33%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
5.3
x
LTM EV/EBIT
12.8
x
LTM PER
4.2
x
LTM PBR
0.3
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-1.1%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
5.86BUS$37.4MMarket Cap9.47BUS$60.4M+ Debt1.18BUS$7.56M− Cash6.90BUS$44.0M− Inv. Sec.0.00BUS$0.02M+ NCI7.24BUS$46.2MEV
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Performance & Balance
Revenue 5Y (¥B)
12.7US$81.0M'22/313.4US$85.7M'23/313.1US$83.6M'24/313.5US$86.4M'25/313.9US$88.4M'26/3
EBITDA 5Y (¥B)
0.86US$5.46M'22/30.96US$6.10M'23/30.85US$5.45M'24/31.20US$7.66M'25/31.30US$8.30M'26/3
Net Income 5Y (¥B)
0.46US$2.90M'22/30.68US$4.36M'23/30.36US$2.28M'24/30.53US$3.35M'25/31.06US$6.79M'26/3
Capital Structure
68%
32%
EquityD/E 0.47xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
3.60US$22.9M11.4US$72.6M'22/34.11US$26.2M10.7US$68.1M'23/36.27US$40.0M9.95US$63.5M'24/36.05US$38.6M9.57US$61.0M'25/37.36US$47.0M9.08US$57.9M'26/3
Shareholders
Top 10 hold 58.6%
1
Kawasaki Kisen Kaisha,Ltd.
24.24%
2
Mizuho Bank, Ltd.
4.99%
3
Mizuho Trust & Banking Co., Ltd.
4.99%
4
The Daishi Hokuetsu Bank, Ltd.
4.99%
5
Fukuda Ikuei Foundation (Public Interest Incorporated Foundation)
4.47%
6
Sumitomo Life Insurance Company
3.50%
7
Niigata Sogo Gakuen (School Corporation)
3.34%
8
RINKO CORPORATION Business Partners' Stock Ownership Association
2.80%
9
Nihonkai Hikisen Co., Ltd.
2.66%
10
Custody Bank of Japan, Ltd. (Trust Account E)
2.64%
Management
10 officers
Tsuneyoshi HOMMA
Representative Director, President and Executive Officer
Apr 1992 Joined the Company Jul 2014 General Manager, Rinko Branch, the Company Apr 2016 Executive Officer and General Manager, Rinko Branch, the Company Apr 2018 Executive Officer and General Manager of Operations, the Company Apr 2019 Managing Executive Officer and Deputy General Manager, Transportation Division, the Company Jun 2019 Director, the Company; Representative Director, Shinko Koun Co., Ltd. Apr 2022 Senior Managing Executive Officer, the Company Jun 2022 Representative Director, President, the Company (current); President and Executive Officer (current)
1968-10-28
Katsuki SAKAMAKI
Director, Senior Managing Executive Officer, General Manager of Transportation Division
Apr 1991 Joined the Company Apr 2011 General Manager, Safety and Health Promotion Office, and General Manager, Transportation Control Office, the Company Apr 2013 General Manager, General Affairs and Personnel Department, the Company Jul 2014 General Manager, Personnel Department, the Company Apr 2016 Executive Officer and General Manager, Personnel Department, the Company Apr 2017 Managing Executive Officer, the Company Jun 2017 Director, the Company (current) Jan 2021 Deputy General Manager, Transportation Division, the Company Apr 2022 Senior Managing Executive Officer, the Company (current); General Manager, Transportation Division (current) Apr 2026 Representative Director, Nihonkai Soko Co., Ltd. (current)
1967-06-18
Hideto MAEYAMA
Director, Managing Executive Officer
Apr 1992 Joined the Company Apr 2011 General Manager, Accounting Department, the Company Apr 2016 Executive Officer and General Manager, General Affairs Department, the Company Apr 2017 Managing Executive Officer, the Company (current) Jun 2017 Director, the Company (current) May 2022 Representative Director, Hotel Niigata Co., Ltd. (current)
1968-09-23
Naoei NAKANO
Audit and Supervisory Board Member (Full-time)
Apr 1987 Joined the Company Apr 2008 General Manager, Sales Department, the Company Apr 2010 General Manager, Sales Department, the Company Jun 2014 Director, the Company Apr 2016 Managing Executive Officer, the Company May 2018 Representative Director, Hotel Niigata Co., Ltd. Jun 2022 Audit and Supervisory Board Member, the Company (current)
1961-02-07
Hisashi NAKAYAMA
Director
Apr 1991 Joined Kawasaki Kisen Kaisha, Ltd. Jul 2007 Team Leader, LPG Carrier Team, Tanker Group, Kawasaki Kisen Kaisha, Ltd. Apr 2015 CEO, "K" Line Pte. Ltd., Singapore Apr 2017 General Manager, Tanker Group, Kawasaki Kisen Kaisha, Ltd. Apr 2020 Executive Officer, Kawasaki Kisen Kaisha, Ltd. (in charge of tankers and fuel; concurrently General Manager, Tanker Group) Apr 2021 Executive Officer, Kawasaki Kisen Kaisha, Ltd. (in charge of tankers and fuel) Mar 2025 Managing Executive Officer, Kawasaki Kisen Kaisha, Ltd. (in charge of crude oil, products and energy business strategy) Jun 2025 Director, the Company (current) Apr 2026 Managing Executive Officer, Kawasaki Kisen Kaisha, Ltd. (in charge of power business; crude oil and LPG carriers and offshore wind-related duties) (current)
1967-05-06
Masayoshi ONO
Director
Apr 1981 Joined Kawasaki Steel Corporation (now JFE Steel Corporation) Apr 2005 General Manager, No. 2 Affiliated Companies Department, JFE Steel Corporation Jun 2005 Outside Director, the Company Apr 2008 General Manager, No. 1 Affiliated Companies Department, JFE Steel Corporation Jun 2010 Director, Daiwa Steel Corporation (now JFE Bars & Shapes Corporation) Apr 2012 Director, JFE Steel Materials Co., Ltd. Apr 2014 Managing Director, JFE Steel Materials Co., Ltd. Apr 2022 Advisor, JFE Steel Materials Co., Ltd. Jun 2023 Director, the Company (current)
1957-07-17
Koichi SAKAI
Director
Apr 1978 Joined Niigata Prefectural Government Apr 2003 Chief, International Exchange Division, Niigata Prefectural Government Apr 2005 Chief, Personnel Division, Niigata Prefectural Government Apr 2007 Director, Administrative Reform Office, Niigata Prefectural Government Apr 2008 Deputy Director-General, Transportation Policy Bureau, Niigata Prefectural Government Apr 2009 Director-General, Transportation Policy Bureau, Niigata Prefectural Government Apr 2014 Chief Crisis Management Officer, Niigata Prefectural Government Jun 2016 Chairman, Niigata Credit Guarantee Association May 2022 Secretary General, Niigata Sake Brewers Association Jun 2023 Managing Director, Niigata Sake Brewers Association (current) Jun 2024 Director, the Company (current)
1955-09-07
Yasuo OHASHI
Audit and Supervisory Board Member (Full-time)
Apr 1983 Joined Kawatetsu Construction Co., Ltd. (now JFE Civil Engineering & Construction Corporation) Jul 2006 Group Manager (General Manager), Civil Engineering Works Group, Construction Division, JFE Civil Engineering & Construction Corporation Oct 2007 Group Manager, Civil Engineering Construction Group, Construction Division, JFE Civil Engineering & Construction Corporation Oct 2008 General Manager, Civil Engineering Construction Department, Construction Division, JFE Civil Engineering & Construction Corporation Apr 2009 General Manager, Construction Department, Social Infrastructure Business Division, JFE Civil Engineering & Construction Corporation Apr 2010 Head, Fukuyama Office, Steel and Civil Engineering Business Division, JFE Civil Engineering & Construction Corporation Apr 2012 Head, Fukuyama Office, Steel and Civil Engineering Business Division (Officer), JFE Civil Engineering & Construction Corporation Apr 2013 Head, Kyushu Branch, Systems and Building Business Division, JFE Civil Engineering & Construction Corporation Apr 2014 Deputy General Manager, Steel and Civil Engineering Business Division, JFE Civil Engineering & Construction Corporation Apr 2018 Director and Executive Officer, General Manager, Steel and Civil Engineering Business Division, JFE Civil Engineering & Construction Corporation Apr 2022 Managing Director and Executive Officer, JFE Civil Engineering & Construction Corporation Apr 2023 Advisor, JFE Civil Engineering & Construction Corporation Jun 2023 Audit and Supervisory Board Member, the Company (current)
1959-07-17
Takamasa ITO
Audit and Supervisory Board Member
Apr 1980 Joined Hokkaido and Tohoku Development Corporation (now Development Bank of Japan Inc.) Jun 2005 General Manager, Business Turnaround Division, Development Bank of Japan Inc. Apr 2006 General Manager, Corporate Finance Division, Development Bank of Japan Inc. Jun 2006 General Manager, Information and Telecommunications Division, Development Bank of Japan Inc. Mar 2008 General Manager, Corporate Finance Division II, Development Bank of Japan Inc. Jun 2008 General Manager, Tohoku Branch, Development Bank of Japan Inc. Oct 2008 General Manager, Tohoku Branch, Development Bank of Japan Inc. Mar 2010 Retired from Development Bank of Japan Inc. Apr 2010 Deputy Mayor, City of Sendai Apr 2018 Special Advisor, Hokkaido Tohoku Regional Economic Research Institute (General Incorporated Foundation) Jun 2018 Chairman, Hokkaido Tohoku Regional Economic Research Institute (General Incorporated Foundation) (current); Audit and Supervisory Board Member, Shin-Mutsu Ogawara Co., Ltd. Jun 2019 Audit and Supervisory Board Member, the Company (current)
1957-07-01
Senshi YAMAJI
Audit and Supervisory Board Member
Apr 1981 Joined Kawasaki Heavy Industries, Ltd. Jun 2005 General Manager, Administration Department, Kawasaki Shipbuilding Corporation Apr 2010 Officer, General Manager, Administration Department, Kawasaki Heavy Industries, Ltd. Oct 2010 Officer, General Manager, Administration Department, Marine & Offshore Company, Kawasaki Heavy Industries, Ltd. Apr 2013 Officer, Deputy General Manager, Corporate Planning Division, and General Manager, Administration Department, Marine & Offshore Company, Kawasaki Heavy Industries, Ltd. Jul 2013 Officer, General Manager, Corporate Planning Division, Marine & Offshore Company, Kawasaki Heavy Industries, Ltd. Apr 2015 Executive Officer, General Manager, Corporate Planning Division, Marine & Offshore Company, Kawasaki Heavy Industries, Ltd. Aug 2016 Executive Officer, Attached to Marine & Offshore Company (in charge of special assignments), Kawasaki Heavy Industries, Ltd. Oct 2016 Executive Officer, in charge of special assignments for the President, Kawasaki Heavy Industries, Ltd. (seconded to Kawasaki Shoji Co., Ltd.) Jun 2017 Director, Kawasaki Shoji Co., Ltd. Jun 2018 Managing Director, Kawasaki Shoji Co., Ltd. Jun 2020 President and Director, Kawasaki Shoji Co., Ltd. Jun 2023 Audit and Supervisory Board Member, the Company (current)
1957-07-22
Large Shareholding Reports
Mizuho Trust & Banking Co., Ltd.
2025-10-02
9.36%→8.28%
Annual report (as of 2026-03-31): 4.99%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-06
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-24
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-02-06
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-13
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-10-02
Large Shareholding Report
TDnet
2025-08-07
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-25
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-07
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-13
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-08
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
2023-11-13
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-14
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-22
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-13
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-10
Quarterly Securities Report
EDINET
2022-08-12
Quarterly Securities Report
EDINET
2022-06-24
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-11-11
Quarterly Securities Report
EDINET
2021-08-12
Quarterly Securities Report
EDINET
2021-06-24
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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