Yokohama Reito Co.,Ltd. (2874) Stock Price

Yokohama Reito's core business is refrigerated warehouse operations, providing freezing and refrigeration storage for seafood, livestock products, and agricultural products, along with related logistics management. In addition, the company handles raw material processing and sales, customs clearance for import/export operations, and real estate leasing.

The company's main customers include fisheries, livestock and agricultural producers, food manufacturers, wholesalers, and distribution and retail businesses including restaurants. Revenue is primarily generated from storage fees, logistics charges, and product sales from processing and sales operations. The company also diversifies revenue through customs clearance fees and real estate rental income.

The business is divided into four segments: refrigerated warehouse operations, food sales, customs clearance, and other operations (real estate leasing, etc.), with each segment operated in coordination with group companies. The food sales division handles processing, sales, and import/export of seafood, livestock, and agricultural products, while the warehouse division manages temperature-controlled storage and logistics coordination.

The company has established the "Yokorei Business Vision 2030" and "Yokorei Sustainability Vision 2030," and is pursuing growth through the second medium-term management plan "Connecting Strength" (October 2023–September 2026). For the next fiscal period, the company projects revenue of 118,000 million yen (approximately 11.8 billion yen), operating profit of 4,800 million yen (approximately 480 million yen), ordinary profit of 4,600 million yen (approximately 460 million yen), and net profit attributable to parent company shareholders of 3,000 million yen (approximately 300 million yen). By achieving these targets, the company aims to strengthen its medium- to long-term foundation. Note that some 2026 fiscal year targets have been revised based on ongoing reviews.

The company has designated the modernization of aging warehouse facilities and compliance with environmental regulations as priority investment areas. Specifically, the company will upgrade insulation performance and cooling equipment, transition to non-CFC refrigerants, reduce energy consumption through energy-efficient compressors and operational improvements, and enhance work efficiency by introducing temperature monitoring and automated equipment in warehouses. Through these investments, the company aims to differentiate itself through "high-quality logistics" and secure customer trust by offering integrated services spanning storage, processing, customs clearance, and domestic and international distribution.

For new market development, the company plans to strengthen food sales leveraging domestic and international producer networks and expand import-export logistics. Specific measures include accelerating product development with added value through inter-group collaboration, expanding stable supply routes for food service and retail customers, and strengthening cross-border logistics services that combine customs operations with warehouse networks to increase presence in overseas markets. This will expand revenue from storage fees and logistics charges, as well as from product sales through processing and distribution.

The company aims to improve productivity and reduce environmental impact through technological innovation. Specific initiatives include real-time temperature management using sensors, inventory visibility, inventory optimization through demand forecasting, and implementation of automated material handling and work support systems in warehouses. Additionally, the company will reduce food waste through digitalization of traceability and temperature history records, and pursue CO2 emission reductions through energy consumption visualization, thereby balancing regulatory compliance with sustainable growth.