ASAGAMI COPORATION (9311) Stock Price

Market cap
¥11.4B
P/E ratio
6.7x
Asagami provides logistics services including warehousing, freight forwarding and transportation, plus real estate management, printing services, and construction work.

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Business Overview

Asagami operates across four business segments: logistics, real estate, printing, and other services. These operations are managed through the parent company, nine consolidated subsidiaries, four non-consolidated subsidiaries, and two affiliated companies.

The logistics business comprises three divisions: warehousing, port forwarding, and transportation. The warehousing division handles cargo storage and loading/unloading operations, while the port forwarding division manages procedures for maritime and air freight. The transportation division provides trucking services and also offers 3PL (third-party logistics) services.

The real estate business provides rental and management of large-scale logistics facilities and commercial properties tailored to customer needs, delivering optimal real estate solutions.

The printing business handles wedding invitations, New Year's cards, contracted newspaper printing, and mailing services. This segment is supported by affiliated companies including Asagami Press Center, Asagami Press Ibaraki, and My Print.

The other business segment includes construction work such as automated warehouse installation and in-house contract services for group operations, supporting efficient overall group management.

Management Policy

Asagami operates in logistics, real estate, printing, and other businesses, with a management philosophy centered on providing customers with the highest quality service. The company prioritizes customer-first principles and aims to expand its business scale and establish a highly profitable operating structure. It also places emphasis on safety and is working to improve workplace conditions to address labor shortages.

The company pursues sustainable growth with a focus on improving customer satisfaction and quality. Safety is the top priority, with rapid information sharing among management to address customer challenges. The company aims to strengthen communication with existing customers and build long-term business relationships.

To expand business scale, Asagami is actively acquiring new customers. It leverages external networks and exchanges information with other companies to capitalize on business opportunities. Through these efforts, the company expands its operations and strengthens competitiveness.

Operational efficiency is also a key strategy. The company is reducing paperwork and work hours, simplifying procedures, and preventing work from becoming dependent on specific individuals. Amid ongoing labor shortages, efficiency improvements enable sustainable operations.

Human resource development and recruitment are integral to the company's growth strategy. The company enhances employee skills through qualification support, on-the-job training, and regular meetings. In recruitment, the company combines web-based and in-person interviews to increase opportunities to connect with prospective employees.

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