(9145) Stock Price

Being Holdings is a company with logistics operations and other business segments. In its logistics business, the company operates logistics centers and provides consulting services, offering 3PL (third-party logistics) and 4PL (fourth-party logistics) solutions. Through these services, it provides comprehensive support for customers' logistics centers, including transportation, warehousing, packaging, cargo handling, distribution processing, and information system development.

Being Holdings' logistics business is primarily based in the Hokuriku region and has expanded its service areas to include the Tokai, Kansai, Kanto, and Tohoku regions. With 59 logistics centers nationwide, the company specializes in small-lot logistics for food, pharmaceuticals, cosmetics, and daily necessities. It operates logistics centers on behalf of wholesale companies, convenience stores, supermarkets, and drugstores.

The company also invests in logistics system development, including in-house development or collaborative development with manufacturers of WMS (warehouse management systems), TMS (transportation and delivery management systems), PMS (productivity management systems), and DMS (vehicle management systems). This enables the company to build customized logistics systems tailored to each customer's needs.

In its other business segments, the company operates passenger transportation, real estate, system development, insurance agency, automotive repair, and fuel sales businesses. Specifically, Oriental Corporation operates taxi and bus services, while Gappa Corporation handles system development. Bepro Corporation operates as an insurance agency, and Tagawa Automobile provides automotive repair services.

Being Holdings proposes "logistics without transportation" in the logistics industry to promote logistics rationalization. In logistics center operations, the company prioritizes human-assistance systems over full automation, taking regional employment into consideration. In delivery operations, the company creates "store profiles" to manage detailed information about delivery destinations, thereby ensuring high-quality delivery services.

Being Holdings operates under the corporate philosophy "BEING—Continuing to Exist," aiming to provide social infrastructure through its logistics business. The company pursues the realization of "Real Logistics" and promotes social system innovation aligned with the times. As a marketing concept, it emphasizes principles such as "Be a Logistics Professional," focusing on delivering valuable services.

The company's medium to long-term growth strategy involves transitioning from subcontracting logistics centers for wholesalers to becoming a 3PL provider serving wholesalers and retailers. It provides optimized logistics services on a 1:N basis and strengthens consumer-focused logistics. The company is also expanding its supply chain design capabilities and aims to build a data network center.

In response to technological innovation, Being Holdings is introducing labor-saving equipment utilizing AI and IoT. In logistics business research and development, it prioritizes technology development to support DtoC and omnichannel operations. Through these efforts, the company addresses industry transformation and creates new value.

Being Holdings targets carbon neutrality by 2050 to realize a sustainable society. It is reducing Scope 1 and 2 emissions, with a goal of 48% reduction by fiscal 2030 compared to fiscal 2019. The company also addresses Scope 3 emission reductions through supplier engagement.

To address the logistics industry's 2024 Problem, Being Holdings is strengthening driver working hour management. Since 2019, it has progressively lowered maximum working hours, targeting a maximum of 75 hours of monthly overtime from October 2023. The company aims for an annual maximum of 720 hours in the future, advancing improvements to the working environment.