Hamakyorex Co., Ltd. (9037) AI Stock Analysis

• Market Cap: ¥121.32B
• Dividend Yield: 2.22%
• Average Volume (3M): 97.70K
• Price to Earnings (P/E): 12.8
• Beta (1Y): 0.51
• Revenue Growth: 3.56%
• EPS Growth: 9.74%
• Country: JP
• Employees: 5,778
• Sector: Industrials
• Sector Strength: 72
• Industry: Integrated Freight & Logistics
• EPS (TTM): 33.63
• Shares Outstanding: 76,048,000
• 10 Day Avg. Volume: 97,440
• 30 Day Avg. Volume: 97,703
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ¥1,668.00
• Price Target Upside: 5.57% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 82 Outperform
• Price Target: ¥1,668.00 ▲(5.57% Upside)

Hamakyorex Co., Ltd. scores strongly due to its solid financial performance and attractive valuation. The technical analysis supports a positive outlook, though caution is advised due to potential overbought conditions. Continued focus on managing debt and improving cash flow efficiency is recommended to sustain long-term growth.

Hamakyorex Co., Ltd. Business Overview & Revenue Model

Company Description

Hamakyorex Co., Ltd. is a Japan-based company primarily engaged in the logistics sector, offering a comprehensive range of logistics services. The company specializes in third-party logistics (3PL) solutions, including warehousing, transportation, and distribution services. It supports various industries by providing customized logistics strategies that optimize supply chain efficiency. Hamakyorex is committed to delivering reliable and efficient logistics solutions to its clients, leveraging its extensive network and expertise in logistics management.

How the Company Makes Money

Hamakyorex Co., Ltd. generates revenue through its logistics services, primarily focusing on third-party logistics (3PL) solutions. The company earns money by offering warehousing services, where it stores goods for its clients, and through transportation and distribution services, which involve the efficient movement of goods from warehouses to their final destinations. The company may also engage in value-added services such as inventory management, order processing, and logistics consulting. Key revenue streams include contract logistics agreements with clients in various industries, where Hamakyorex provides tailored logistics solutions to meet specific business needs. Partnerships with industry players and its strategic network of logistics facilities contribute significantly to its earnings by enhancing service coverage and operational efficiency.

Hamakyorex Co., Ltd. Financial Statement Overview

Summary

Hamakyorex Co., Ltd. demonstrates strong financial performance with consistent revenue and profit growth, a solid balance sheet, and healthy cash flow generation. The company shows effective operational management and a balanced capital structure, though rising debt and cash flow efficiency need monitoring.

Income Statement

Hamakyorex Co., Ltd. shows strong financial health with consistent revenue growth over the past years. The revenue grew from ¥118.9 billion in 2021 to ¥146.7 billion in 2025, reflecting a positive growth trajectory. The company's gross profit margin and net profit margin are stable, with a gross profit margin of approximately 12.4% and a net profit margin of 6.1% as of 2025. EBIT and EBITDA margins are healthy, indicating strong operational efficiency. However, the slight decline in revenue growth rate from prior years could be an area to monitor.

Balance Sheet

The balance sheet reveals a solid equity position, with stockholders' equity at ¥89.56 billion in 2025, indicating stability. The debt-to-equity ratio remains manageable around 0.34, suggesting a conservative use of leverage. Return on equity (ROE) is approximately 10%, showcasing effective management of shareholder funds. The equity ratio stands at 56.2%, reflecting a strong capital structure. However, the incremental increase in total debt over the years could pose future leverage risks.

Cash Flow

Operating cash flow is robust and aligns well with net income, with an operating cash flow to net income ratio of 1.58 in 2025. Despite a reduction in free cash flow growth due to increased capital expenditures, the company maintains positive free cash flow, which supports ongoing investments and debt servicing. The free cash flow to net income ratio of 0.20 suggests room for improvement in cash generation efficiency.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	146.67B	146.67B	140.57B	131.91B	125.09B	118.88B
Gross Profit	18.22B	18.22B	17.43B	15.46B	14.81B	13.92B
EBITDA	20.68B	20.77B	19.58B	17.99B	17.40B	16.32B
Net Income	8.93B	8.93B	8.30B	7.40B	7.12B	6.43B
Balance Sheet
Total Assets	159.45B	159.45B	154.89B	143.04B	135.67B	129.29B
Cash, Cash Equivalents and Short-Term Investments	23.64B	23.64B	26.41B	25.24B	19.60B	15.73B
Total Debt	30.53B	30.53B	29.75B	27.97B	28.99B	29.55B
Total Liabilities	57.55B	57.55B	59.26B	54.89B	54.08B	53.98B
Stockholders Equity	89.56B	89.56B	83.94B	77.38B	71.56B	66.03B
Cash Flow
Free Cash Flow	0.00	1.83B	7.50B	11.13B	7.99B	4.36B
Operating Cash Flow	0.00	14.11B	15.88B	13.65B	13.60B	11.47B
Investing Cash Flow	0.00	-11.08B	-8.30B	-3.00B	-6.03B	-7.45B
Financing Cash Flow	0.00	-5.55B	-6.50B	-5.77B	-4.19B	-4.06B

Hamakyorex Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1580.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9037, the sentiment is Positive. The current price of 1580 is above the 20-day moving average (MA) of 1539.88, above the 50-day MA of 1495.15, and above the 200-day MA of 1342.16, indicating a bullish trend. The MACD of 21.46 indicates Negative momentum. The RSI at 71.26 is Negative, neither overbought nor oversold. The STOCH value of 49.53 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9037.

Hamakyorex Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9037	82 Outperform	¥121.32B	12.80	―	2.22%	3.56%	9.74%
9068	79 Outperform	¥147.68B	14.31	7.54%	2.47%	2.94%	2.46%
9066	77 Outperform	¥118.49B	18.89	12.56%	2.48%	8.81%	-42.49%
9310	73 Outperform	¥75.62B	12.24	6.63%	3.49%	3.48%	27.47%
2384	72 Outperform	¥147.35B	24.88	10.90%	1.89%	5.56%	-28.86%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Hamakyorex Co., Ltd. Corporate Events

Hamakyorex Reports Strong Q1 Financial Performance with Increased Profits

Hamakyorex Co., Ltd. reported a 4.6% increase in net sales for the three months ending June 30, 2025, compared to the same period last year. The company also saw significant growth in operating profit and ordinary profit, with increases of 9.6% and 10.5% respectively. The profit attributable to owners of the parent rose by 15.6%, reflecting strong operational performance. The company’s financial position remains stable with a slight increase in total assets and net assets. The company has maintained its forecast for the fiscal year ending March 31, 2026, with expectations of continued growth in sales and profits.

Hamakyorex Completes Treasury Stock Disposition for Executive Remuneration

Hamakyorex Co., Ltd. has completed the payment procedures for the disposition of treasury stock as restricted share-based remuneration, following a board resolution on June 18, 2025. This move involves the allocation of 4,000 common shares to five directors, excluding outside directors, at a price of 1,338 yen per share, totaling 5,352,000 yen, potentially impacting the company’s governance and executive compensation strategy.

Hamakyorex Announces Key Personnel Changes

Hamakyorex Co., Ltd. announced personnel changes following a Board of Directors meeting, effective June 26, 2025. Kiichi Nasuda will become the Representative Director and President of Keihan-kyuho HD Corporation and Keihan-kyuho Corporation, while Koji Iida will continue as Executive Officer with additional responsibilities as Branch Manager of the Kansai Branch.

Hamakyorex Implements Restricted Share-Based Remuneration Plan

Hamakyorex Co., Ltd. announced the disposition of 4,000 common shares as part of a restricted share-based remuneration plan for its directors. This initiative aims to incentivize directors to improve corporate value and align their interests with shareholders. The plan includes a restriction on transferring shares until directors resign or retire, ensuring long-term commitment to the company’s growth.

Hamakyorex Co., Ltd. Announces Change of Independent Auditor

Hamakyorex Co., Ltd. announced a change in its independent auditor, transitioning from Deloitte Touche Tohmatsu LLC to KPMG AZSA LLC, effective June 18, 2025. The decision aims to bring new perspectives to the company’s audits and follows a comprehensive review of KPMG AZSA LLC’s expertise, independence, and quality control systems, which were deemed suitable for ensuring appropriate and reasonable accounting audits.

Hamakyorex Co., Ltd. Reports Increased Financial Performance for FY 2025

Hamakyorex Co., Ltd. reported its consolidated financial results for the fiscal year ended March 31, 2025, showing an increase in net sales and profits compared to the previous year. The company achieved a 4.3% rise in net sales to ¥146,668 million and a 5.1% increase in operating profit to ¥13,213 million, reflecting its strong operational performance. The company also conducted a 4-for-1 share split, impacting its earnings per share calculations. The financial outlook for the next fiscal year anticipates continued growth in sales and profits, indicating a positive trajectory for the company and its stakeholders.