- JP-listed companies
- TOHBU NETWORK CO.,LTD.
TOHBU NETWORK CO.,LTD.【JP:9036】Stock Price
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Business Overview
Eastern Network Corporation operates three main business segments. First is the freight trucking business. In this segment, Eastern Network and its subsidiaries—Tohoku Sanko Corporation, Uozu Transport Corporation, and TS Transport Corporation—provide transportation services. This allows the company to deliver efficient logistics solutions to its customers.
Second is the real estate rental business. Eastern Network operates this business independently, generating stable revenue by leasing office and commercial facilities. This diversifies the company's revenue streams.
Finally, the company operates other businesses including product sales and automotive maintenance services. In product sales, the company handles petroleum products, cement, and vehicles, with Tohoku Sanko Corporation also active in this area. The automotive maintenance division is operated independently by Eastern Network and provides vehicle maintenance services. Through these operations, the company meets diverse customer needs.
Management Policy
Tobu Network Corporation aims to be a trusted company that contributes to society's development through logistics. The company has adopted three core management principles: challenge, trust, and environment. It is committed to entering new business areas, providing safe and reliable logistics services, and promoting clean energy adoption.
The company targets a return on equity (ROE) of 8.0% to enhance corporate value. Pursuing sustainable growth, it prioritizes securing appropriate profits and efficient operations. This approach supports the company's goal of continuous business expansion.
Amid ongoing uncertainty in the business environment, Tobu Network is focusing on stabilizing its management foundation. The company is pursuing logistics business expansion through active investment and human resource development. It aims to strengthen competitiveness and create future opportunities.
Recognizing the importance of safe transportation, the company believes that daily safe operations build stakeholder trust. It prioritizes establishing safe transport systems and driver training to earn stakeholder confidence through responsible management.
The company acknowledges its responsibility toward the SDGs and is considering and implementing actions toward carbon neutrality. Its real estate rental business is positioned as a stable revenue base, with efforts to maximize asset profitability.
As it approaches its 100th anniversary, Tobu Network continues to pursue growth and development even in times of rapid change. The company remains committed to contributing to the realization of a sustainable society.