MARUWN CORPORATION (9067) Stock Price

Maruun provides a wide range of logistics services centered on land transportation. The company operates through five main business segments: cargo transportation, energy transportation, international logistics, techno support, and other businesses. These operations are managed by Maruun and its 20 subsidiaries.

The cargo transportation segment handles regional transport, consolidated shipping, environmental recycling, heavy cargo transport, moving services, warehousing, rail container transport, ocean container transport, air freight, packaging, on-site contract work, and temperature-controlled food logistics. Key affiliated companies include Maruun Logistics Tohoku and Nisshō Maruun.

The energy transportation segment provides petroleum and LPG transport, on-site contract work, and storage services for lubricants and chemical products. Maruun Transport Sapporo and Shizuoka Petroleum Transport operate in this sector.

The international logistics segment offers ocean container transport, international air freight, international ocean freight, and import-export customs clearance services. Key affiliated companies include Maruun International Freight Forwarder (Shanghai) and Maruun Logistics (Tianjin).

The techno support segment operates on-site work services related to oil storage facilities and similar operations. Maruun Techno Support is the primary affiliated company in this field.

Other businesses include real estate leasing, insurance agency services, and administrative outsourcing. Maruun Service and Maruun Business Associate operate in these areas.

Maruun has established a long-term vision targeting fiscal year 2030, aiming for operating revenue of 6 billion yen or more and ordinary profit of 2 billion yen or more. To achieve these targets, the company plans to make aggressive investments totaling 12 billion yen in core business strengthening and next-generation growth areas. In particular, Maruun aims to establish itself as a logistics expert company by continuing dual-pillar operations in cargo transportation and energy transportation.

Under its medium-term management plan, Maruun has formulated a three-year plan with fiscal year 2023 as the first year to lay the foundation for realizing its long-term vision. The company has established a Business Development Division to pursue new customer acquisition and deepen relationships with existing customers, while also strengthening overseas operations through capital and business partnerships in Vietnam. Additionally, Maruun plans to implement digital transformation to enhance cost competitiveness.

To address the driver shortage, a critical challenge in the logistics industry, Maruun is implementing appropriate freight rates and improving working conditions. Through the introduction of logistics efficiency systems and strengthened proposal-based sales capabilities, the company aims to maintain a sustainable logistics framework and expand its business scale. The company is particularly focused on timely logistics proposals in machinery construction and freight forwarding operations.

In international logistics, despite headwinds from slowing Chinese economic growth and US-China trade friction, Maruun is revising its strategy and strengthening equipment transportation services. In Vietnam, the company is pursuing business expansion by providing one-stop logistics services through partnerships with local companies. This effort supports the acquisition of integrated domestic and international logistics operations.

Maruun is advancing ESG management and aims to contribute to the realization of a sustainable society. The company prioritizes transportation safety, occupational health and safety improvements, and the formation of a decarbonized society, with the entire group working on these initiatives. In particular, Maruun is focusing on promoting diversity and building a workplace environment where diverse talent can thrive.