Operating Cash ConversionA very strong operating cash flow to net income ratio (~5.15) implies the core shipping operations convert accounting profits into cash reliably. Over a multi-quarter horizon this durable cash generation supports working capital, debt servicing and targeted reinvestment even if free cash flow is strained by heavy capex.

Moderate Leverage And Equity CushionA debt-to-equity around 0.62 and roughly 42% equity ratio indicate conservative leverage for a capital-intensive shipping business. This balance-sheet positioning provides structural resilience to industry cycles, preserves borrowing capacity for vessel financing, and reduces short-term refinancing risk versus highly leveraged peers.

Historical Revenue Growth MetricA reported revenue growth metric near 40% suggests the company has demonstrated capacity to scale top-line over the measured period, reflecting contract wins or higher volumes. This underlying growth capability is a durable positive if management sustains commercial execution and fleet utilization over coming quarters.

Bears Say

Negative Free Cash FlowPersistent negative free cash flow driven by elevated capital expenditures is a structural concern for a capital-heavy shipowner. If operating cash flow does not sustainably rise, the firm may need external financing or must cut dividends/capex, constraining strategic flexibility and increasing financing risk over the medium term.

Low Net ProfitabilityA net margin near 1.5% and modest gross margin indicate limited pricing power and thin profitability common in competitive shipping segments. Such low margins reduce the buffer against fuel, charter rate or operational cost swings and limit internally generated funds for fleet renewal or growth without improving operating leverage.

Recent Revenue DeclineA recent year-over-year revenue decline (~0.9%) signals near-term demand weakness or lost contracts. For a fixed-cost, capital-intensive operation, falling top line can quickly erode utilization-driven economics, pressure margins and cash flow, making recovery dependent on durable demand improvement or fleet redeployment.

9380 FAQ

What was Azuma Shipping Co., Ltd.’s price range in the past 12 months?

Azuma Shipping Co., Ltd. lowest stock price was ¥286.00 and its highest was ¥439.00 in the past 12 months.

What is Azuma Shipping Co., Ltd.’s market cap?

Azuma Shipping Co., Ltd.’s market cap is ¥11.94B.

When is Azuma Shipping Co., Ltd.’s upcoming earnings report date?

Azuma Shipping Co., Ltd.’s upcoming earnings report date is May 20, 2026 which is in 92 days.

How were Azuma Shipping Co., Ltd.’s earnings last quarter?

Azuma Shipping Co., Ltd. released its earnings results on Feb 10, 2026. The company reported ¥8.65 earnings per share for the quarter, beating the consensus estimate of N/A by ¥8.65.

Is Azuma Shipping Co., Ltd. overvalued?

According to Wall Street analysts Azuma Shipping Co., Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Azuma Shipping Co., Ltd. pay dividends?

Azuma Shipping Co., Ltd. pays a Semiannually dividend of ¥4 which represents an annual dividend yield of 1.87%. See more information on Azuma Shipping Co., Ltd. dividends here

What is Azuma Shipping Co., Ltd.’s EPS estimate?

Azuma Shipping Co., Ltd.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Azuma Shipping Co., Ltd. have?

Azuma Shipping Co., Ltd. has 28,923,000 shares outstanding.

What happened to Azuma Shipping Co., Ltd.’s price movement after its last earnings report?

Azuma Shipping Co., Ltd. reported an EPS of ¥8.65 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -2.108%.

Which hedge fund is a major shareholder of Azuma Shipping Co., Ltd.?

Currently, no hedge funds are holding shares in JP:9380

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Azuma Shipping Co., Ltd.

Azuma Shipping Co., Ltd. engages in logistics, maritime transportation, real estate, and other businesses in Japan and internationally. The company offers coastal and international shipping services; and domestic and international transportation services, including truck transportation, car-ferry transportation, project cargo, large construction machinery transportation, vessel chartering, ocean container transportation and trucking, and LCL services, as well as air freight services. It also provides export/import related services that consist of proxy services for export and import customs clearance, terminal operations, and warehousing and packing services; and third party logistics and environmental solutions. In addition, the company offers harbor transportation services, such as marine cargo handling, stevedoring, barge transportation and cargo sorting, and storage; and land transportation services, including general cargo transportation, ocean container hauling, bulk cement transportation, and removal services, as well as warehousing, warehouse and factory work contracting, and steamship company agency services. Further, it operates oceangoing/coastal cement tankers and general cargo vessels; leases real estate properties; and produces and sells agricultural products. The company was founded in 1917 and is headquartered in Tokyo, Japan.