ALPS LOGISTICS CO.,LTD. (E04211) Stock Price

Alps Logistics is a company with two main business segments: comprehensive logistics services and product sales. The company and its 25 subsidiaries provide integrated services including transportation, warehousing, and freight forwarding to domestic and international customers. The company also sells molded materials, packaging materials, and electronic devices.

Alps Logistics is part of the Alps Alpine Co., Ltd. corporate group and handles logistics operations related to the group's sales and manufacturing of electronic components and audio products. However, as of June 30, 2022, Alps Alpine Co., Ltd. ceased to be a subsidiary under the control standard and became an affiliated company instead.

Specifically, in the electronic components logistics business, the company provides global services including transportation, warehousing, and freight forwarding of electronic component cargo to domestic and international customers. In the product sales business, it sells molded materials, packaging materials, and electronic devices. In the consumer logistics business, it primarily provides logistics services for individual delivery to general consumers related to consumer cooperatives and other domestic consumer logistics.

Through these operations, Alps Logistics provides comprehensive logistics solutions that meet diverse customer needs, emphasizing the company's position in the logistics industry and the relevance of its business segments.

Alps Logistics operates a comprehensive logistics service business with electronic components logistics and consumer logistics as its core pillars. Against the backdrop of growth in the electronics components industry and expanding consumer logistics demand, the company has formulated a medium-term management plan aimed at business expansion and maximization of corporate value.

In electronic components logistics, the company has launched its Fifth Medium-Term Management Plan in response to increased demand for electronics products driven by 5G equipment proliferation and automotive electrification. The plan is based on the fundamental policy of "pursuing and advancing optimal logistics that is kind to the earth and society." Key initiatives include expanding business domains, strengthening the global network, expanding collaborative and partnership frameworks (GTB), promoting labor-saving and automation (GTP), and enhancing ESG initiatives (GTC).

In consumer logistics, the company is responding to increased demand for residential delivery and e-commerce driven by COVID-19 impacts and lifestyle changes. Under the medium-term management plan from fiscal 2022 onward, the company is strengthening operational and sales structures, expanding business with consumer cooperatives, expanding e-commerce logistics sales, and entering the pharmaceutical market. To address labor shortages, the company is advancing automation and implementing work style reforms.

Through these strategies, Alps Logistics aims to expand its global business, contribute to solving social issues with sustainability in mind, and enhance corporate value. The company has set external sales ratio and overseas sales ratio as KPIs and is focusing on improving capital efficiency.