Research Coverage of Japanese Listed Companies, Shared Research Inc

Shared Research

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Research Coverage of Japanese Listed Companies

Shared Research Inc

Pioneering research coverage of Japanese listed companies. Now customizable and interactive for global institutional investors. Corporate access reimagined.

Equity Bottom-Up

AZ-Com Maruwa Holdings / Equity Bottom-Up

<ul><li>Revenue increased to JPY174.9bn (+11.0% YoY), with operating profit at JPY10.1bn (+13.3% YoY), and recurring profit at JPY10.5bn (+11.6% YoY).</li><li>E-commerce and Ordinary Temperature 3PL revenue rose to JPY56.7bn (+18.3% YoY) due to a major logistics center's full-year operation.</li><li>Recurring profit growth was impacted by temporary costs but offset by customer acquisitions, rate revisions, and cost reductions.</li></ul>

Revenue increased to JPY174.9bn (+11.0% YoY), with operating profit at JPY10.1bn (+13.3% YoY), and recurring profit at JPY10.5bn (+11.6% YoY).E-commerce and Ordinary Temperature 3PL revenue rose to JPY56.7bn (+18.3% YoY) due to a major logistics center's full-year operation.Recurring profit growth was impacted by temporary costs but offset by customer acquisitions, rate revisions, and cost reductions.

AZ-Com Maruwa Holdings (9090 JP): Q3 FY03/26 flash update