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Employees: 2,581
Size Yasuda Logistics (9324.T) is a Japan Industrials company (Marine Shipping) with a market value of $453M, the 1129th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥2,466 on 6 Nov 2026.
Performance Over six months the shares gained 11.6%, against -11.8% for the median peer and +1.8% for the Japan market (cap-weighted) — 3rd highest of 21 in its peer set.
Growth Revenue grew 2.0% over the last twelve months (peer median +21.4%); the operating margin is 5.4% (peer median 17.1%).
Valuation It trades at 1.6× enterprise value to sales against a peer median of 1.9× (7th cheapest of 20).
Price implies For today's price to make sense, revenue must grow about 12% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is +1 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 3.1 points below its cost of capital (5.0% WACC).
Next results Next results expected around 29 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥79.5B | ¥80.0B | ¥75.1B | ¥67.4B | ¥59.8B |
| Revenue growth | — | +7% | +11% | +13% | — |
| Gross profit | ¥10.2B | ¥10.1B | ¥9.14B | ¥7.52B | ¥6.48B |
| EBITDA | ¥9.38B | ¥9.79B | ¥8.87B | ¥7.28B | ¥6.28B |
| Net income | ¥10.1B | ¥6.73B | ¥2.80B | ¥2.31B | ¥2.25B |
| Free cash flow | ¥1.09B | ¥1.47B | ¥7.39B | -¥6.62B | ¥760M |
| Capital expenditure | ¥7.72B | ¥7.84B | ¥6.04B | ¥12.7B | ¥6.60B |
| Total debt | ¥77.5B | ¥80.2B | ¥76.3B | ¥78.1B | ¥60.1B |
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 | 9324.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -4.4% | -10.5% | 4th highest of 21 |
| 6-month return | +11.6% | -11.8% | 3rd highest of 21 |
| Distance from 52-week high | -12.4% | -29.8% | 2nd highest of 21 |
| Revenue growth (TTM) | +2.0% | +21.4% | 6th lowest of 20 |
| Operating margin | 5.4% | 17.1% | 6th lowest of 21 |
| EV / Sales | 1.6× | 1.9× | 7th cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | 12.3% | -6.5% | most demanding of 13 |
| Growth delivered (Del g) | +10.9% | +10.5% | 6th highest of 12 |
| Hurdle (Req g minus delivered) | +1.4 pp | -19.5 pp | 2nd most demanding of 12 |
| ROIC minus cost of capital | -3.1 pp | -0.5 pp | 5th lowest of 20 |
| EV / EBITDA | 13.2× | 6.7× | 2nd most expensive of 16 |
| Net debt / EBITDA | 5.5× | 1.4× | 2nd most indebted of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Yasuda Logistics 9324.T | Japan | $453M | +12% | +2% | 5% | 1.6× | 12.3% | +10.9% |
| Costamare Bulkers CMDB | United States | $449M | -4% | n/a | -3% | 0.6× | -7.8% | n/a |
| Korea Line 005880.KS | South Korea | $420M | -30% | -19% | 21% | 1.6× | -12.2% | +7.6% |
| Euroseas ESEA | United States | $417M | -13% | +3% | 59% | 1.9× | n/a | n/a |
| Pangaea Logistics Solutions PANL | United States | $496M | -3% | +22% | 9% | 1.1× | 1.6% | +10.5% |
| Sea1 Offshore Incorporation SEA1.OL | Norway | $406M | -12% | -23% | 36% | n/a | n/a | n/a |
| Seacon Shipping 2409.HK | Hong Kong | $400M | +32% | +40% | 11% | 2.4× | 4.8% | +12.7% |
| Phoenix Shipping (Wuhan) 000520.SZ | China | $527M | -12% | +78% | 5% | 2.8× | n/a | n/a |
| Sincere Navigation 2605.TW | Taiwan | $548M | -11% | +22% | 31% | 1.9× | -18.5% | +2.3% |
| Taiwan Navigation 2617.TW | Taiwan | $368M | -1% | +8% | 40% | 3.6× | -7.9% | +11.5% |
| Samudera Shipping Line S56.SI | Singapore | $365M | -16% | +4% | 11% | 0.6× | -15.6% | +10.5% |
| Ningbo Marine 600798.SS | China | $575M | -12% | +39% | 3% | 1.2× | -7.5% | +3.5% |
| Rederiaktiebolaget Gotland GOTL-A.ST | Sweden | $582M | -16% | +42% | 1% | 0.7× | n/a | n/a |
| Dong Fang Offshore 7786.TW | Taiwan | $583M | -19% | +52% | 19% | 1.9× | n/a | n/a |
| Nanjing Sheng Hang Shipping 001205.SZ | China | $350M | -18% | +2% | 16% | 2.8× | 2.6% | +24.6% |
| Xingtong Shipping 603209.SS | China | $603M | -5% | +28% | 25% | 2.8× | n/a | n/a |
| Solstad Offshore SOFF.OL | Norway | $606M | +4% | +21% | 31% | 3.3× | 3.4% | -9.1% |
| Inui Global Logistics 9308.T | Japan | $331M | +37% | +21% | 9% | 1.7× | 7.2% | +12.2% |
| Chinese Maritime Transport 2612.TW | Taiwan | $329M | -1% | +2% | 25% | 4.1× | n/a | n/a |
| Marco Polo Marine 5LY.SI | Singapore | $322M | -36% | +26% | 32% | 2.7× | -5.4% | +31.8% |
| LC Logistics 2490.HK | Hong Kong | $316M | -13% | -9% | 1% | 1.0× | n/a | n/a |