HIGASHI HOLDINGS CO.,LTD. (9029) Stock Price

Higashi Holdings operates a diverse range of businesses centered primarily on logistics. The logistics division includes transportation and warehousing services. Transportation services cover newspaper and beverage delivery, non-ferrous metal transport, office relocation, industrial waste collection and transport, in-building delivery, mail services, IT-related logistics, and precision equipment transport.

The warehousing division provides storage services for steel mills, home appliance manufacturers, and major e-commerce companies, offering integrated logistics services from inventory management through delivery. The document services division provides secure document storage in high-security storage facilities and digitization services.

The merchandise sales division leverages logistics infrastructure to sell packing materials and electrical power supplies. The welfare division supplies welfare equipment to care support providers, handling products such as the latest bed and wheelchair models.

Other operations include parking lot management and business support services. The parking lot division operates multi-story parking facilities in Osaka, Tokyo, Nagoya, and other locations. The business support division operates the office convenience store "Hills 21," and also provides PC data deletion, used PC sales, digital solutions, personnel dispatch, and system development services.

Higashi Holdings operates on the fundamental principle of contributing to society through its logistics business, with a strong emphasis on safety and security. The company has established three core missions: improving customer satisfaction, contributing to local communities, and strengthening its management foundation. In fiscal year 2023, the company adopted the group purpose "Reliable Always, Surprising More" and transitioned to a holding company structure.

The company formulated "Higashi Group VISION 2030" in 2020, targeting sales of 50 billion yen by 2030. In the fiscal year ending March 2025, it achieved record sales of 48.1 billion yen, leading to the formulation of "Medium-Term Management Plan 2028." This plan targets sales of 55 billion yen and operating profit of 3.5 billion yen, with an eye toward promotion to the Prime Market.

As part of its growth strategy, the company is expanding its warehouse business for major e-commerce customers and pursuing new M&A opportunities. In 2024, it opened a new logistics center in Hyogo Prefecture, expecting increased sales. The company is also strengthening profitability through improved logistics efficiency and pursuing sustainable development.

Higashi Holdings prioritizes ESG management, addressing climate change, enhancing human capital, ensuring safety, and strengthening governance. Through these efforts, the company aims to establish a stable management foundation as a responsible provider of social infrastructure and achieve its long-term vision.