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

• Market Cap: ¥125.56B
• Dividend Yield: 2.26%
• Average Volume (3M): 154.25K
• Price to Earnings (P/E): 12.9
• Beta (1Y): 0.47
• Revenue Growth: 3.09%
• EPS Growth: 8.50%
• Country: JP
• Employees: 5,778
• Sector: Industrials
• Sector Strength: 72
• Industry: Integrated Freight & Logistics
• EPS (TTM): 31.65
• Shares Outstanding: 76,048,000
• 10 Day Avg. Volume: 114,660
• 30 Day Avg. Volume: 154,250
• PEG Ratio: 1.25
• Price to Book (P/B): 1.07
• Price to Sales (P/S): 0.65
• P/FCF Ratio: 52.32
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 130.75
• Revenue Forecast (FY): ¥153.50B

• Rating: 78 Outperform
• Price Target: ¥1,810.00 ▲(9.30% Upside)

Hamakyorex Co., Ltd. scores a 78, driven primarily by strong financial performance and positive technical indicators. The company's stable revenue growth, solid balance sheet, and reasonable valuation contribute significantly to the score. While the stock shows bullish momentum, potential overbought conditions warrant caution. The absence of earnings call and corporate events data did not impact the score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a strong market position and effective business model, supporting long-term financial stability.

Operational Efficiency

Strong operational efficiency through healthy margins suggests effective cost management and competitive advantages in logistics operations.

Balance Sheet Strength

A solid balance sheet with a manageable debt-to-equity ratio provides financial flexibility and reduces risk, supporting sustainable growth.

Negative Factors

Decline in Revenue Growth Rate

A slowdown in revenue growth rate could indicate market saturation or increased competition, potentially impacting future growth prospects.

Incremental Increase in Total Debt

Rising debt levels could increase financial risk and interest obligations, potentially straining cash flow and limiting strategic investments.

Free Cash Flow Efficiency

Low free cash flow efficiency may limit the company's ability to fund growth initiatives and manage debt, impacting long-term financial health.

Hamakyorex Co., Ltd. Business Overview & Revenue Model

Company Description

Hamakyorex Co., Ltd. engages in logistics center business Japan and internationally. The company offers 3PL services, including apparel, medical device, cosmetics, bedding and interior, EC, food, and joint logistics services, as well as miscellaneous cargo flow services. It also provides general freight vehicle transportation services. The company was founded in 1971 and is headquartered in Hamamatsu, Japan.

How the Company Makes Money

Hamakyorex Co., Ltd. generates revenue primarily through its logistics and transportation services, which encompass freight forwarding, customs clearance, and warehousing solutions. The company earns money by charging clients for the transportation of goods across various modes, including air, sea, and truck. Key revenue streams include contracts with businesses that require regular shipping services, one-time freight services for individual shipments, and income from value-added services such as packaging and inventory management. Significant partnerships with shipping lines, airlines, and other logistics providers enhance its operational capabilities and expand its service offerings, contributing to its overall earnings.

Hamakyorex Co., Ltd. Financial Statement Overview

Summary

Hamakyorex Co., Ltd. demonstrates strong financial performance with consistent revenue growth, stable profit margins, and a solid balance sheet. The company's operational efficiency is reflected in healthy EBIT and EBITDA margins. However, the slight decline in revenue growth rate and incremental increase in total debt are areas to monitor.

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	148.32B	146.67B	140.57B	131.91B	125.09B	118.88B
Gross Profit	18.50B	18.22B	17.43B	15.46B	14.81B	13.92B
EBITDA	21.27B	20.77B	19.58B	17.99B	17.40B	16.32B
Net Income	9.27B	8.93B	8.30B	7.40B	7.12B	6.43B
Balance Sheet
Total Assets	160.71B	159.45B	154.89B	143.04B	135.67B	129.29B
Cash, Cash Equivalents and Short-Term Investments	21.64B	23.64B	26.41B	25.24B	19.60B	15.73B
Total Debt	24.24B	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	90.77B	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: 1656.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• 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 1656 is above the 20-day moving average (MA) of 1636.70, above the 50-day MA of 1597.59, and above the 200-day MA of 1414.91, indicating a bullish trend. The MACD of 24.80 indicates Positive momentum. The RSI at 55.80 is Neutral, neither overbought nor oversold. The STOCH value of 35.48 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	78 Outperform	¥125.56B	12.93	―	2.26%	3.09%	8.50%
9066	77 Outperform	―	―	―	―	8.81%	-42.49%
2384	76 Outperform	¥133.85B	22.60	―	1.89%	10.32%	42.14%
9310	75 Outperform	¥71.31B	11.47	―	3.76%	2.67%	18.02%
9068	72 Outperform	¥138.35B	13.40	―	2.46%	1.92%	-6.02%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Hamakyorex Co., Ltd. Corporate Events

Hamakyorex Reports Strong Financial Performance and Positive Outlook

Hamakyorex Co., Ltd. reported a 4.5% increase in net sales and an 11% rise in operating profit for the six months ending September 30, 2025, compared to the previous year. The company’s financial position remains strong with a stable equity-to-asset ratio, and it anticipates continued growth in the fiscal year ending March 31, 2026, projecting a 4.3% increase in net sales and a 5.2% rise in profit attributable to owners.