Employees: 2,442
Size Japan Transcity (9310.T) is a Japan Industrials company (Air Freight/Couriers) with a market value of $538M, the 1025th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,334 on 6 Nov 2026.
Performance Over six months the shares gained 14.6%, against -11.6% for the median peer and +1.8% for the Japan market (cap-weighted) — highest of 20 in its peer set.
Growth Revenue grew 0.9% over the last twelve months (peer median +9.6%); the operating margin is 6.8% (peer median 3.1%).
Valuation It trades at 0.8× enterprise value to sales against a peer median of 1.8× (8th cheapest of 20).
Price implies For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is -3 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.2 points below its cost of capital (5.9% WACC).
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥127B | ¥126B | ¥125B | ¥123B | ¥134B |
| Revenue growth | — | +1% | +2% | -9% | — |
| Gross profit | ¥16.0B | ¥15.3B | ¥14.6B | ¥13.0B | ¥13.5B |
| EBITDA | ¥13.9B | ¥13.8B | ¥13.1B | ¥11.3B | ¥12.6B |
| Net income | ¥6.81B | ¥6.60B | ¥6.04B | ¥4.63B | ¥6.16B |
| Free cash flow | ¥2.37B | ¥4.23B | ¥11.4B | -¥10.7B | ¥8.07B |
| Capital expenditure | ¥6.58B | ¥5.07B | ¥3.72B | ¥18.0B | ¥3.52B |
| Total debt | ¥35.2B | ¥36.0B | ¥37.9B | ¥42.3B | ¥28.4B |
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.
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 | 9310.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -3.1% | -6.0% | 7th highest of 21 |
| 6-month return | +14.6% | -11.6% | highest of 20 |
| Distance from 52-week high | -9.8% | -27.3% | 2nd highest of 21 |
| Revenue growth (TTM) | +0.9% | +9.6% | 6th lowest of 21 |
| Operating margin | 6.8% | 3.1% | 8th highest of 20 |
| EV / Sales | 0.8× | 1.8× | 8th cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | 1.3% | 3.2% | 6th least demanding of 12 |
| Growth delivered (Del g) | +4.4% | +5.5% | 5th lowest of 12 |
| Hurdle (Req g minus delivered) | -3.1 pp | -0.9 pp | 6th least demanding of 12 |
| ROIC minus cost of capital | -1.2 pp | -1.3 pp | 9th highest of 19 |
| EV / EBITDA | 7.4× | 9.9× | 2nd cheapest of 9 |
| Net debt / EBITDA | 1.0× | 2.0× | 5th least indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Japan Transcity 9310.T | Japan | $538M | +15% | +1% | 7% | 0.8× | 1.3% | +4.4% |
| Farglory Free Trade Zone Investment 5607.TW | Taiwan | $534M | 0% | +30% | 42% | 6.2× | -2.7% | +16.8% |
| Singapore Post S08.SI | Singapore | $546M | -17% | -73% | 3% | 1.9× | n/a | n/a |
| TVS Supply Chain Solutions TVSSCS.NS | India | $547M | -4% | +17% | 2% | 0.4× | 14.4% | +9.7% |
| Hichain Logistics 300873.SZ | China | $560M | -22% | +15% | 14% | 1.8× | 3.2% | +12.1% |
| Xiamen Xinde 000701.SZ | China | $568M | -3% | -22% | n/a | 0.6× | n/a | n/a |
| LEAP India LEAPIND.NS | India | $569M | n/a | +56% | 27% | 8.2× | n/a | n/a |
| PostNL PNL.AS | Netherlands | $473M | -16% | +2% | 1% | n/a | n/a | n/a |
| Shanghai Shine-Link International Logistics 603648.SS | China | $467M | -15% | +10% | 11% | 1.9× | -0.7% | +0.3% |
| HPF 300350.SZ | China | $465M | -13% | +73% | -5% | 5.0× | n/a | n/a |
| China Master Logistics 603967.SS | China | $644M | -11% | +11% | 4% | 0.4× | -12.1% | +11.4% |
| Mahindra Logistics MAHLOG.NS | India | $443M | +5% | +20% | 2% | 0.6× | 33.7% | +16.5% |
| Guangzhou Jiacheng International Logistics 603535.SS | China | $427M | -30% | -29% | -2% | 4.2× | 16.0% | -0.4% |
| Radiant Logistics RLGT | United States | $418M | +8% | +4% | 2% | 0.5× | 16.3% | +0.8% |
| Friend 605050.SS | China | $709M | -24% | +4% | 4% | 0.6× | n/a | n/a |
| Sindhu Trade Links SINDHUTRAD.NS | India | $405M | -12% | -64% | 2% | 9.2× | n/a | n/a |
| Cedar Development 002485.SZ | China | $392M | -2% | -32% | -17% | 5.0× | n/a | n/a |
| Shenzhen Feima International Supply Chain 002210.SZ | China | $768M | -36% | +116% | 11% | 12.9× | 34.5% | +1.5% |
| Ferrari FERGR.AS | Netherlands | $780M | -4% | +3% | 17% | 1.7× | -2.7% | +5.0% |
| Bondex Supply Chain Management 603836.SS | China | $364M | -14% | +17% | 1% | 0.2× | n/a | n/a |
| Hamakyorex 9037.T | Japan | $808M | -2% | +9% | 10% | 0.9× | -9.0% | +5.5% |