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Major Japanese trucking group operating Seino Transportation, one of the country's largest general-freight and less-than-truckload carriers.
Major Japanese trucking group operating Seino Transportation, one of the country's largest general-freight and less-than-truckload carriers.
Charges freight by the shipment according to weight, size and distance, and profit depends on keeping trucks and terminals full across a nationwide network, which needs many drivers and sorting staff. Limits on truck-driver overtime that took effect in Japan in April 2024 raise costs across the industry.
In one line: A large Japanese trucking company, akin to Old Dominion Freight Line.
Moat: narrow (scale, distribution). Large nationwide terminal/trucking network built over decades gives density advantages in LTL freight.
Headquarters: Ogaki, Gifu, Japan · Founded: 1930 · Employees: 31,408
Size Seino (9076.T) is a Japan Industrials company (Trucking) with a market value of $2.48B, the 415th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥2,622 on 6 Nov 2026.
Performance Over six months the shares gained 9.3%, against -7.3% for the median peer and +1.8% for the Japan market (cap-weighted) — 6th highest of 21 in its peer set.
Growth Revenue grew 7.1% over the last twelve months (peer median +6.3%); the operating margin is 5.0% (peer median 4.6%).
Valuation It trades at 14.5× forward earnings against a peer median of 16.7× (9th cheapest of 19).
Price implies For today's price to make sense, revenue must grow about -3% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is -10 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 0.2 points below its cost of capital (5.6% WACC).
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥827B | ¥813B | ¥737B | ¥643B | ¥632B |
| Revenue growth | — | +10% | +15% | +2% | — |
| Gross profit | ¥100B | ¥92.6B | ¥81.7B | ¥68.7B | ¥71.8B |
| EBITDA | ¥69.9B | ¥66.3B | ¥56.2B | ¥47.2B | ¥52.2B |
| Net income | ¥26.6B | ¥23.6B | ¥19.3B | ¥14.6B | ¥19.0B |
| Free cash flow | ¥27.8B | ¥19.1B | ¥14.6B | ¥25.0B | ¥14.3B |
| Capital expenditure | ¥33.2B | ¥37.5B | ¥38.1B | ¥23.4B | ¥24.9B |
| Total debt | ¥93.8B | ¥101B | ¥126B | ¥47.3B | ¥50.2B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Seino 9076.T | $2.48B | +9% | +7% | 5% | 14.5× | -3.2% |
| NIKKON 9072.T | $3.25B | -19% | +7% | 9% | 26.9× | 12.0% |
| Yamato 9064.T | $4.83B | +26% | +2% | 2% | 34.5× | 8.9% |
| Nippon Express Hldgs 9147.T | $8.22B | +35% | +2% | 3% | 17.6× | 7.9% |
| Old Dominion ODFL | $34.2B | -17% | +4% | 27% | 24.9× | 15.7% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 9076.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +1.0% | -9.7% | 6th highest of 21 |
| 6-month return | +9.3% | -7.3% | 6th highest of 21 |
| Distance from 52-week high | -7.8% | -32.8% | 5th highest of 21 |
| Revenue growth (TTM) | +7.1% | +6.3% | 9th highest of 21 |
| Operating margin | 5.0% | 4.6% | 11th highest of 21 |
| Forward P/E | 14.5× | 16.7× | 9th cheapest of 19 |
| Growth the price implies (Req g, 7 yrs) | -3.2% | 6.5% | 4th least demanding of 16 |
| Growth delivered (Del g) | +6.5% | +4.5% | 7th highest of 16 |
| Hurdle (Req g minus delivered) | -9.7 pp | -3.2 pp | 6th least demanding of 16 |
| ROIC minus cost of capital | -0.2 pp | -1.5 pp | 9th highest of 21 |
| EV / EBITDA | 6.0× | 8.5× | 2nd cheapest of 17 |
| Net debt / EBITDA | 0.0× | 2.1× | 6th least indebted of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Seino 9076.T | Japan | $2.48B | +9% | +7% | 5% | 14.5× | -3.2% | +6.5% |
| ArcBest ARCB | United States | $2.86B | +6% | +8% | 3% | 13.6× | 16.5% | +6.4% |
| Mullen MTL.TO | Canada | $1.98B | +36% | +12% | 9% | 18.2× | 6.5% | +12.9% |
| NIKKON 9072.T | Japan | $3.25B | -19% | +7% | 9% | 26.9× | 12.0% | +8.1% |
| STEF STF.PA | France | $1.79B | +12% | +8% | 4% | 11.0× | 7.1% | +10.2% |
| Fujian Highton Development 603162.SS | China | $3.60B | +3% | +72% | 17% | 11.4× | 3.8% | +45.6% |
| Werner Enterprises WERN | United States | $1.62B | -26% | +15% | 2% | 18.8× | n/a | n/a |
| Landstar System LSTR | United States | $4.83B | -22% | +11% | 4% | 19.8× | 12.0% | +2.8% |
| Schneider National SNDR | United States | $4.88B | -10% | +6% | 3% | 18.7× | 19.5% | +4.5% |
| NTG Nordic Transport Group A/S NTG.CO | Denmark | $1.09B | +71% | +16% | 5% | 20.6× | -0.4% | +16.4% |
| Marten Transport MRTN | United States | $959M | -25% | -5% | 1% | 27.1× | n/a | n/a |
| Logwin TGHN.DE | Germany | $942M | +5% | -6% | 5% | 15.2× | -16.0% | +3.9% |
| Maruzen Showa Unyu 9068.T | Japan | $922M | -15% | +3% | 10% | 10.5× | -7.4% | +4.2% |
| Shanghai Juss Sports and Entertainment 600676.SS | China | $802M | -36% | -14% | -15% | n/a | 5.1% | -11.0% |
| Covenant Logistics CVLG | United States | $801M | -5% | +12% | 1% | 12.3× | n/a | n/a |
| Sakai Moving Service 9039.T | Japan | $785M | +2% | +4% | 10% | 13.7× | -11.2% | +4.5% |
| TFI International TFII.TO | Canada | $7.86B | -29% | +3% | 7% | 14.2× | 11.6% | +16.8% |
| Heartland Express HTLD | United States | $780M | -24% | -17% | -6% | 28.2× | n/a | n/a |
| Fulongma 603686.SS | China | $743M | -37% | +6% | 6% | 27.8× | 2.4% | -2.0% |
| Shibusawa Logistics 9304.T | Japan | $723M | +48% | +2% | 5% | n/a | 16.9% | +4.1% |
| Universal Logistics ULH | United States | $715M | +108% | -7% | 4% | 13.9× | n/a | n/a |