Industry map/Transport & Logistics
Warehouses & Logistics Facilities industry map
Who earns the money in Warehouses & Logistics Facilities, and who keeps it. When a company spans several industries, only the relevant segment is counted.
FY2025 · 93 companies · ¥9.5T
Industry map
Companies ordered by revenue, connected by ownership (major shareholders). Arrows point from the shareholder to the investee.
- Industry size (revenue)
- ¥9.5T
- Companies
- 93
- Avg. salary（parent only）
- ¥6.6M
- Industry weather
- Cloudy
YoY +3.9%
Avg. age 42.2
Operating income -26.0%
Nippon Express Holdings[9147]
Japan + 4 more
- Revenue
- ¥2.13T▼1.0%
- Operating income
- ¥64B▼4.6%
Margin 3.0%
Whole company: Revenue ¥2.57T · Net income ¥2.69B
Avg. salary ¥8.3M · 47.5（parent only）
Nippon Yusen[9101]
Logistics
- Revenue
- ¥801.8B▼0.9%
- Operating income
- ¥10.2B▼52.0%
Margin 1.3%
Whole company: Revenue ¥2.42T · Net income ¥211.8B
Avg. salary ¥15.5M · 37.8（parent only）
Kawasaki Kisen Kaisha[9107]
Product logistics
- Revenue
- ¥616.5B▲0.6%
- Operating income
- ¥90.9B▼69.0%
Margin 14.7%
Whole company: Revenue ¥1.02T · Net income ¥133B
Avg. salary ¥14.5M · 38.0（parent only）
Mitsui O.S.K. Lines[9104]
Vehicle Transport, Terminal and Logistics
- Revenue
- ¥587.9B▲5.6%
- Operating income
- ¥69.3B▼18.8%
Margin 11.8%
Whole company: Revenue ¥1.83T · Net income ¥213.3B
Avg. salary ¥16.6M · 38.4（parent only）
SENKO Group Holdings[9069]
Distribution
- Revenue
- ¥574.4B▲4.3%
- Operating income
- ¥34.1B▲5.2%
Margin 5.9%
Whole company: Revenue ¥899.6B · Net income ¥19.3B
Avg. salary ¥8.2M · 43.9（parent only）
SBS Holdings[2384]
Logistics
- Revenue
- ¥460.2B▲9.5%
- Operating income
- ¥11.9B▲28.9%
Margin 2.6%
Whole company: Revenue ¥490.3B · Net income ¥11.8B
Avg. salary ¥6M · 45.1（parent only）
Sankyu[9065]
Logistics
- Revenue
- ¥295.3B▼0.1%
- Operating income
- ¥9.83B▲1.5%
Margin 3.3%
Whole company: Revenue ¥631.6B · Net income ¥31.5B
Avg. salary ¥7.3M · 41.3（parent only）
Mitsui-Soko Holdings[9302]
Logistics segment
- Revenue
- ¥292B▲6.1%
- Operating income
- ¥24.5B▲14.4%
Margin 8.4%
Whole company: Revenue ¥299.5B · Net income ¥11.2B
Avg. salary ¥8.5M · 42.3（parent only）
Nichirei[2871]
Logistics
- Revenue
- ¥282B▲8.6%
- Operating income
- ¥18.6B▲18.0%
Margin 6.6%
Whole company: Revenue ¥716.1B · Net income ¥27.3B
Avg. salary ¥7.7M · 45.2（parent only）
Kamigumi[9364]
Distribution Business
- Revenue
- ¥260.8B▲7.4%
- Operating income
- ¥31.5B▲9.9%
Margin 12.1%
Whole company: Revenue ¥294.8B · Net income ¥31.3B
Avg. salary ¥7M · 41.6（parent only）
AZ-COM MARUWA Holdings[9090]
Logistics
- Revenue
- ¥227.4B▲10.6%
- Operating income
- ¥11.7B▲2.9%
Margin 5.1%
Whole company: Revenue ¥230.5B · Net income ¥7.45B
Avg. salary ¥7.5M · 46.1（parent only）
- Kamigumi owns 0.9%
Mitsubishi Logistics[9301]
Logistics
- Revenue
- ¥238B▲0.4%
- Operating income
- ¥12.7B▼8.4%
Margin 5.3%
Whole company: Revenue ¥273.4B · Net income ¥54.8B
Avg. salary ¥9.4M · 40.7（parent only）
※ Card revenue and operating income cover only the segment in this industry; “Whole company” shows consolidated revenue and net income.
Other companies: SG Holdings · K.R.S. · The Sumitomo Warehouse · Yamato Holdings · Nishi-Nippon Railroad · Maruzen Showa Unyu Co,. · Konoike Transport · Japan Transcity · Hamakyorex · NIKKON Holdings · Meiko Trans · Yasuda Logistics · The Shibusawa Warehouse · THE Keihin · Enshu Truck · kuribayashi steamship · Kimura Unity · Tomoku · Nippon Soda · Fukuyama Transporting · Toyo Wharf & Warehouse · Yokohama Reito · Being Holdings · Azuma Shipping · Toyo Logistics · PHYZ Holdings · Chuo Warehouse · Toyo Suisan Kaisha · Yamatane · Kawanishi Warehouse · Asagami Coporation · Valor Holdings · Kibun Foods · Japan Logistic Systems · Belluna · Sanritsu · Kantsu HD · Higashi Holdings · Nissui · Tradia …+41
The weather is derived mechanically from year-over-year totals of revenue and operating income (both up = sunny, both down = rainy).
Who earns the money
Area = revenue from businesses in this industry. Color = operating margin.
Who makes a profit
Across = revenue (log scale), up = operating margin, bubble size = operating income.
Ranking and momentum
| Rank | Company (business) | Revenue | Share | Op. margin | CAGR | FCF* |
|---|---|---|---|---|---|---|
| 1 | Nippon Express HoldingsJapan + 4 more | ¥2.13T | 22.5% | 3.0% | -0.7% | ¥125.5B |
| 2 | Nippon YusenLogistics | ¥801.8B | 8.4% | 1.3% | -1.3% | ¥168.9B |
| 3 | Kawasaki Kisen KaishaProduct logistics | ¥616.5B | 6.5% | 14.7% | +12.8% | ¥176.1B |
| 4 | Mitsui O.S.K. LinesVehicle Transport, Terminal and Logistics | ¥587.9B | 6.2% | 11.8% | — | -¥88.1B |
| 5 | SENKO Group HoldingsDistribution | ¥574.4B | 6.0% | 5.9% | +6.9% | ¥15B |
| 6 | SBS HoldingsLogistics | ¥460.2B | 4.8% | 2.6% | +5.0% | ¥22.4B |
| 7 | SankyuLogistics | ¥295.3B | 3.1% | 3.3% | +0.7% | ¥33B |
| 8 | Mitsui-Soko HoldingsLogistics segment | ¥292B | 3.1% | 8.4% | -0.0% | ¥12.1B |
| 9 | NichireiLogistics | ¥282B | 3.0% | 6.6% | +8.0% | ¥16.6B |
| 10 | KamigumiDistribution Business | ¥260.8B | 2.7% | 12.1% | +2.9% | ¥21B |
| 11 | Mitsubishi LogisticsLogistics | ¥238B | 2.5% | 5.3% | +2.6% | -¥12.6B |
| 12 | AZ-COM MARUWA HoldingsLogistics | ¥227.4B | 2.4% | 5.1% | +14.6% | -¥15B |
| 13▲3 | SG HoldingsLogistics | ¥202.8B | 2.1% | 3.1% | — | ¥40.9B |
| 14▼1 | K.R.S.Common logistics business + 2 more | ¥202.6B | 2.1% | 2.8% | +3.6% | -¥2.94B |
| 15▼1 | The Sumitomo WarehouseLogistics | ¥185.9B | 2.0% | 7.3% | +1.1% | ¥1.34B |
| 16▲5 | Yamato HoldingsContract Logistics business | ¥164.6B | 1.7% | 3.8% | — | ¥34.6B |
| 17▼2 | Nishi-Nippon RailroadLogistics | ¥152.3B | 1.6% | 4.0% | -4.8% | -¥63M |
| 18▼1 | Maruzen Showa Unyu Co,.Physical distribution + 1 more | ¥146.2B | 1.5% | 10.3% | +2.1% | ¥10.2B |
| 19▼1 | Konoike TransportInternational logistics business + 1 more | ¥123.5B | 1.3% | 6.0% | +0.7% | ¥11.2B |
| 20▼1 | Japan TranscityIntegrated logistics services | ¥123.4B | 1.3% | 6.5% | +1.7% | ¥4.23B |
| 21▲1 | HamakyorexLogistics center | ¥100.9B | 1.1% | 13.0% | +7.0% | ¥9.98B |
| 22▼2 | NIKKON HoldingsPackaging segment + 1 more | ¥100.6B | 1.1% | 13.2% | +6.3% | ¥10B |
| 23 | Meiko TransDomestic shipping and related | ¥81.3B | 0.9% | 6.5% | +0.5% | -¥4.62B |
| 24▲1 | Yasuda LogisticsLogistics Service | ¥74.2B | 0.8% | 7.2% | +12.2% | ¥1.19B |
| 25▼1 | The Shibusawa WarehousePhysical distribution enterprise | ¥74B | 0.8% | 5.0% | +2.9% | ¥3.61B |
| 26 | THE KeihinDomestic distribution + 1 more | ¥50.3B | 0.5% | 10.1% | -1.8% | -¥7.16B |
| 27▲1 | Enshu TruckDistribution business | ¥49.8B | 0.5% | 8.3% | +4.0% | ¥153M |
| 28▼1 | kuribayashi steamshipShipping | ¥48.4B | 0.5% | 3.6% | +2.8% | ¥1.92B |
| 29 | Kimura UnityLogistics Service | ¥45.9B | 0.5% | 10.9% | +2.9% | ¥2.96B |
| 30▲1 | TomokuTransportation warehouse | ¥44.3B | 0.5% | 2.4% | +3.5% | ¥5.32B |
| 31▼1 | Nippon SodaTrading and Logistics | ¥43.8B | 0.5% | 5.2% | — | ¥9.06B |
| 32▲2 | Fukuyama TransportingLogistics + 1 more | ¥38.9B | 0.4% | 10.9% | +6.2% | ¥5.47B |
| 33 | Toyo Wharf & WarehouseDomestic logistics services + 1 more | ¥38.1B | 0.4% | 3.9% | +1.3% | -¥466M |
| 34▼2 | Yokohama ReitoRefrigerated Warehousing Business | ¥37.7B | 0.4% | 19.7% | +7.5% | -¥8.34B |
| 35 | Being Holdings | ¥33.5B | 0.4% | 6.9% | +13.7% | ¥190M |
| 36▲1 | Azuma ShippingLogistics | ¥30B | 0.3% | 6.1% | -0.4% | -¥1.89B |
| 37▲1 | Toyo LogisticsLogistics business | ¥29.5B | 0.3% | 6.2% | +1.5% | ¥194.4M |
| 38▲7 | PHYZ HoldingsOperation service + 1 more | ¥27.7B | 0.3% | 3.4% | +122.4% | ¥300.6M |
| 39 | Chuo Warehousedomestic logistics business + 1 more | ¥27.7B | 0.3% | 10.9% | +3.8% | -¥96.7M |
| 40 | Toyo Suisan KaishaCold Storage | ¥26.3B | 0.3% | 10.7% | +4.4% | ¥38.9B |
| 41▲1 | YamataneLogistics related | ¥26.1B | 0.3% | 9.1% | +4.5% | ¥5.51B |
| 42▼1 | Kawanishi WarehouseDomestic logistics + 1 more | ¥26B | 0.3% | 7.6% | — | ¥880.6M |
| 43 | Asagami CoporationLogistics business | ¥22.8B | 0.2% | 9.8% | +0.1% | ¥2.6B |
| 44 | Valor HoldingsLogistics and facility management business | ¥22.5B | 0.2% | 20.7% | +21.1% | ¥9.61B |
| 45▲1 | Kibun FoodsFood-related Business | ¥21.4B | 0.2% | 6.9% | +5.6% | ¥97.6M |
| 46▲5 | Japan Logistic SystemsCenter business | ¥18B | 0.2% | 4.9% | +8.3% | ¥2.56B |
| 47 | BellunaDatabase utilization business | ¥17.9B | 0.2% | 25.2% | +4.2% | -¥15B |
| 48 | SanritsuPacking + 1 more | ¥17.5B | 0.2% | 12.4% | +2.6% | -¥3.18B |
| 49▲4 | Kantsu HDLogistic Service Business | ¥17.3B | 0.2% | 1.9% | — | -¥22.5M |
| 50▲4 | Higashi HoldingsWarehouse | ¥17.2B | 0.2% | 11.3% | +23.5% | ¥4.34B |
Showing the top 50. See all 93 in the list below
* FCF is company-wide (not disclosed by segment). CAGR covers the available years, up to five.
How they make money differently
Where each company's ¥100 of sales goes, and how much it keeps (company-wide).
- Cost of sales
- Operating costs
- SG&A
- Other
- Operating profit
- Kamigumi8812
- Maruzen Showa Unyu Co,.9010
- Hamakyorex919
- NIKKON Holdings8479
- Kawasaki Kisen Kaisha8488
- Mitsui O.S.K. Lines82117
- Sankyu887
- Mitsui-Soko Holdings937
- Japan Transcity877
- Meiko Trans79147
- Nippon Yusen8212
- Mitsubishi Logistics94
- The Sumitomo Warehouse94
- Nishi-Nippon Railroad94
- Konoike Transport88
- Nichirei8213
- AZ-COM MARUWA Holdings90
- SG Holdings95
- Yasuda Logistics95
- The Shibusawa Warehouse95
- SENKO Group Holdings96
- SBS Holdings897
- K.R.S.97
- Nippon Express Holdings917
- Yamato Holdings98
Showing the 25 largest companies by revenue.
Ownership links
From the major-shareholder section of annual securities reports.
- The Sumitomo WarehouseIn industry
- SubsidiaryEnshu Truck60.6%
- StakeDaito Koun9.2%
- AZ-COM MARUWA HoldingsIn industry
- SubsidiaryPHYZ Holdings58.3%
- LINEヤフー株式会社Outside
- AffiliateAskul46.9%
- キユーピー株式会社Outside
- AffiliateK.R.S.43.3%
- 太平洋セメント㈱Outside
- AffiliateAzuma Shipping39.4%
- NissuiIn industry
- AffiliateDaisui31.6%
- StakeChubu Suisan14.6%
- StakeChuo Gyorui12.0%
- Kawasaki Kisen KaishaIn industry
- AffiliateRinko24.2%
- SBS HoldingsIn industry
- AffiliateZero20.9%
- 大和工業株式会社Outside
- AffiliateHyoki Kaiun Kaisha20.4%
- 日本製紙株式会社Outside
- StakeKyodo Paper Holdings18.7%
- Stakekuribayashi steamship5.6%
- StakeTomoku4.3%
- Umios㈱Outside
- StakeOUG Holdings13.8%
- StakeKibun Foods9.9%
- StakeChubu Suisan4.8%
- 関西電力株式会社Outside
- StakeHigashi Holdings13.8%
- 三菱商事株式会社Outside
- 日本紙パルプ商事株式会社Outside
- StakeKyodo Paper Holdings10.6%
- 住友不動産株式会社Outside
- StakeThe Sumitomo Warehouse10.3%
- StakeThe Shibusawa Warehouse10.0%
- 株式会社ヨンキュウOutside
- StakeTsukiji Uoichiba9.8%
- 豊田通商株式会社Outside
- StakeKimura Unity9.7%
- KyokuyoIn industry
- StakeDaisui8.7%
- StakeChubu Suisan7.3%
- StakeChuo Gyorui5.4%
- 東ソー㈱Outside
- StakeHodogaya Chemical8.6%
- 丸紅株式会社Outside
- Daito KounIn industry
- StakeTakasecross-held8.2%
- StakeTayca7.8%
- StakeShowa Sangyo4.7%
- StakeNippon Soda3.8%
- 光通信株式会社Outside
- StakeKawasaki&7.4%
The company on each card is a major shareholder of the companies listed under it (latest 'major shareholders' disclosure). 50%+ is labelled subsidiary and 20%+ affiliate, based on ownership alone. Stakes under 3% are omitted. Showing up to 24 shareholder cards.
Compare the leaders side by side
- Nippon Express Holdings vs NYK Line
- Nippon Express Holdings vs Kawasaki Kisen Kaisha
- Nippon Express Holdings vs Mitsui O.S.K. Lines
- NYK Line vs Kawasaki Kisen Kaisha
- NYK Line vs Mitsui O.S.K. Lines
- Kawasaki Kisen Kaisha vs Mitsui O.S.K. Lines
- Nippon Express Holdings vs NYK Line vs Kawasaki Kisen Kaisha vs Mitsui O.S.K. Lines
All companies in Warehouses & Logistics Facilities (by revenue)
All 94 companies in this industry, ranked by revenue in each company's latest fiscal year. For companies that belong through one business segment, the figure is that segment's revenue.
- Nippon Express Holdings¥2.13T · 3.0%
- Nippon Yusen¥801.8B · 1.3%
- Kawasaki Kisen Kaisha¥616.5B · 14.7%
- Mitsui O.S.K. Lines¥587.9B · 11.8%
- SENKO Group Holdings¥574.4B · 5.9%
- SBS Holdings¥460.2B · 2.6%
- Sankyu¥295.3B · 3.3%
- Mitsui-Soko Holdings¥292B · 8.4%
- Nichirei¥282B · 6.6%
- Kamigumi¥260.8B · 12.1%
- Mitsubishi Logistics¥238B · 5.3%
- AZ-COM MARUWA Holdings¥227.4B · 5.1%
- SG Holdings¥202.8B · 3.1%
- K.R.S.¥202.6B · 2.8%
- The Sumitomo Warehouse¥185.9B · 7.3%
- Yamato Holdings¥164.6B · 3.8%
- Nishi-Nippon Railroad¥152.3B · 4.0%
- Maruzen Showa Unyu Co,.¥146.2B · 10.3%
- Konoike Transport¥123.5B · 6.0%
- Japan Transcity¥123.4B · 6.5%
- Hamakyorex¥100.9B · 13.0%
- NIKKON Holdings¥100.6B · 13.2%
- Meiko Trans¥81.3B · 6.5%
- Yasuda Logistics¥74.2B · 7.2%
- The Shibusawa Warehouse¥74B · 5.0%
- THE Keihin¥50.3B · 10.1%
- Enshu Truck¥49.8B · 8.3%
- kuribayashi steamship¥48.4B · 3.6%
- Kimura Unity¥45.9B · 10.9%
- Tomoku¥44.3B · 2.4%
- Nippon Soda¥43.8B · 5.2%
- Fukuyama Transporting¥38.9B · 10.9%
- Toyo Wharf & Warehouse¥38.1B · 3.9%
- Yokohama Reito¥37.7B · 19.7%
- Being Holdings¥33.5B · 6.9%
- Azuma Shipping¥30B · 6.1%
- Scroll¥29.9B · 3.0%
- Toyo Logistics¥29.5B · 6.2%
- PHYZ Holdings¥27.7B · 3.4%
- Chuo Warehouse¥27.7B · 10.9%
- Toyo Suisan Kaisha¥26.3B · 10.7%
- Yamatane¥26.1B · 9.1%
- Kawanishi Warehouse¥26B · 7.6%
- Asagami Coporation¥22.8B · 9.8%
- Valor Holdings¥22.5B · 20.7%
- Kibun Foods¥21.4B · 6.9%
- Japan Logistic Systems¥18B · 4.9%
- Belluna¥17.9B · 25.2%
- Sanritsu¥17.5B · 12.4%
- Kantsu HD¥17.3B · 1.9%
- Higashi Holdings¥17.2B · 11.3%
- Nissui¥16.6B · 14.5%
- Tradia¥16.4B · 1.4%
- Daito Koun¥16.4B · 12.4%
- Rinko¥9.99B · 1.0%
- sugimura warehouse¥9.58B · 11.3%
- e LogiT¥9.55B · -1.4%
- Tokyo Kisen¥9.52B · 3.4%
- Takase¥9.47B · 2.0%
- Fushiki Kairiku Unso¥9.23B · 14.2%
- Daiun¥9.04B · 7.6%
- Chuo Gyorui¥8.73B · 9.3%
- NANSO Transport¥8.26B · 20.9%
- EBARAFoodsIndustry¥6.84B · 1.8%
- Zero¥6.5B · 30.2%
- Weds¥6.41B · 5.3%
- Askul¥6.28B · -19.1%
- Hyoki Kaiun Kaisha¥5.79B · 3.3%
- Stella Chemifa¥4.89B · 21.4%
- Showa Sangyo¥4.84B · 28.7%
- Funai Soken Holdings¥4.35B · 14.0%
- Maruhachi Warehouse Company¥4.26B · 16.4%
- Sakurajima Futo Kaisha¥4.24B · 16.4%
- Senkon Logistics¥4.12B · 19.0%
- Inui Global Logistics¥3.96B · 9.9%
- Suzuyo Shinwart¥3.55B · 18.9%
- DMS¥3.06B · 2.1%
- Nichimo¥2.29B · 0.6%
- Hodogaya Chemical¥1.77B · 20.3%
- Kyokuyo¥1.74B · 20.0%
- Tsukiji Uoichiba¥1.47B · 31.8%
- Kawasaki&¥1.4B · 42.0%
- Tayca¥1.15B · 24.1%
- Maruichi¥1.14B · 12.0%
- Justplanning¥995.8M · 15.0%
- Tea Life¥927M · 20.4%
- OUG Holdings¥620M · 7.4%
- Chubu Suisan¥538.8M · 39.0%
- Chubu Steel Plate¥503M · 22.7%
- Ichimasa Kamaboko¥329.6M · 30.4%
- Daisui¥229M · 10.9%
- Oenon Holdings¥92M · 9.8%
- Kyodo Paper Holdings¥79.9M · 36.9%
- Tokai Senko¥42.4M · 19.2%
Revenue · Op. margin
Related industries
Analyze this page with AI
Markdown with figures, units, periods and sources, ready to paste into ChatGPT or Claude.