(9319) Stock Price

Chuo Warehouse operates three main business segments: domestic logistics, international freight, and real estate leasing. These operations are conducted through Chuo Warehouse and three subsidiaries, along with two affiliated companies.

The domestic logistics business encompasses warehousing and transportation services. The warehousing division provides cargo storage and handling services, including temperature and humidity-controlled storage, bonded warehouses, self-storage units, hazardous materials storage, distribution processing, warehouse receipt issuance, and logistics facility leasing. Key affiliated companies include Chuo Warehouse Works Co., Ltd. and UCS Co., Ltd.

The transportation division operates freight forwarding, truck transportation, and insurance agency services. The freight forwarding business provides services utilizing truck and rail transportation, while the truck transportation division handles general cargo trucking operations. The insurance agency division handles cargo transport insurance and fire insurance. Chuo Riku-Un Co., Ltd. is the primary affiliated company in this division.

The international freight business handles packing and customs clearance services. The packing division provides export packaging for precision machinery and sells packing materials, while the customs clearance division handles import-export procedures and operates international multimodal transportation services. Affiliated companies include Tespack Co., Ltd. and Yasuda Chuo International Freight Forwarding Agency (Shanghai) Co., Ltd.

The real estate leasing business leases non-logistics properties. Through building and land rentals, the company secures stable revenue. This diversified business portfolio enables Chuo Warehouse to meet a wide range of customer needs.

Chuo Warehouse has established its 7th Medium-Term Management Plan, "Let's TRY! 2024," as a growth strategy in the logistics industry. The plan targets operating revenue of 27,500 million yen, operating profit of 2,050 million yen, and ordinary profit of 2,350 million yen, aiming to achieve an operating profit margin of 7.5% and ROIC of 4.5%. Through this plan, the company seeks to build a stable management foundation and increase satisfaction among shareholders, customers, and employees.

Chuo Warehouse's growth strategy is built on three pillars of "TRY!" Under "TRY! for Ourselves," the company promotes proactive action by individual employees. "TRY! as an Organization" fosters a culture of challenge and shared success. "TRY! for Society" addresses social needs and aims to build sustainable logistics systems. These efforts enable the company to respond to evolving logistics demands and establish itself as a trusted enterprise.

Additionally, Chuo Warehouse has formulated its 8th Medium-Term Management Plan, "NEXT CS-100," to pursue ambitious goals for the next 100 years. The plan focuses on expanding circular business related to PET bottle resin, strengthening the machinery and engineering sector, advancing digital transformation, and expanding the management foundation through M&A. These initiatives aim to adapt to industry changes and achieve sustainable growth.

Furthermore, Chuo Warehouse prioritizes maintaining sound financial health and improving capital efficiency. The company seeks to enhance corporate value through improved ROE and optimal cash allocation. The company also invests in human capital, promoting the utilization of diverse talent and skill development. These efforts address labor shortages in the logistics industry and create a more comfortable workplace environment.

Finally, Chuo Warehouse is advancing the migration of its core logistics systems. The company is transitioning to platforms incorporating the latest technology to enhance operational efficiency and strengthen value delivery to customers. This initiative aims to increase competitiveness and establish the company's position in the logistics industry.