Balance Sheet LeverageA debt-to-equity near 0.62 and an equity ratio around 42% indicate a conservative capital structure for a capital-intensive shipping firm. This level of leverage provides financial flexibility to fund vessel cycles and absorb shipping volatility without immediate refinancing pressure.

Operating Cash Flow QualityAn operating cash flow to net income ratio roughly 5.15x suggests accounting earnings are well-backed by cash generation. Durable operating cash conversion supports debt servicing and operational continuity in maritime cycles, enhancing resilience over the next several quarters.

Stable Gross MarginsA consistent gross margin near 10% signals persistent underlying unit economics—either effective pricing or cost control in core shipping operations. Stable gross margins help sustain core profitability through rate cycles, supporting longer-term margin stability despite volatility in top-line volumes.

Bears Say

Negative Free Cash FlowPersistent negative free cash flow driven by elevated capital expenditures indicates the business is investing heavily to maintain or grow capacity but not yet generating surplus cash. This constrains internal funding, increases reliance on external financing, and limits strategic optionality over months.

Revenue ContractionMaterial negative revenue growth metrics—both the multi-period decline and the recent-year contraction—suggest weakening demand or lost market share. Sustained top-line erosion pressures utilization, lowers scale economies, and makes margin recovery and reinvestment harder over the medium term.

Low Profitability And ReturnsA net margin near 1.5% and ROE around 3.3% reflect modest returns on capital. Such low profitability limits the company's ability to self-fund growth, reduces retained earnings for fleet renewal, and weakens shareholder returns, challenging long-term competitiveness in the shipping industry.

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 ¥428.00 in the past 12 months.

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

Azuma Shipping Co., Ltd.’s market cap is ¥11.58B.

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

Azuma Shipping Co., Ltd.’s upcoming earnings report date is Feb 10, 2026 which is in 6 days.

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

Azuma Shipping Co., Ltd. released its earnings results on Nov 03, 2025. The company reported ¥4.99 earnings per share for the quarter, beating the consensus estimate of N/A by ¥4.99.

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 ¥4.99 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 4.573%.

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.