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Japanese port logistics company handling cargo stevedoring, warehousing and harbor transport at major ports.
Japanese port logistics company handling cargo stevedoring, warehousing and harbor transport at major ports.
Charges stevedoring and storage fees per tonne or container to shipping lines and trade customers, so income follows port volumes. Its large holdings of port land and warehouses give a second, steadier stream.
In one line: A Japanese port-operations company, like a smaller Ports America.
Moat: narrow (installed base, regulatory licence). Long-standing port operating licences and berth access built over decades are hard to replicate.
Headquarters: Kobe, Japan · Founded: 1867 · Employees: 4,389
Size Kamigumi (9364.T) is a Japan Industrials company (Other Transportation) with a market value of $2.71B, the 393rd largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥4,566 on 6 Nov 2026.
Performance Over six months the shares fell 12.1%, against -5.6% for the median peer and +1.8% for the Japan market (cap-weighted) — 5th lowest of 21 in its peer set.
Growth Revenue grew 4.7% over the last twelve months (peer median +3.9%); the operating margin is 12.0% (peer median 10.7%).
Valuation It trades at 15.5× forward earnings against a peer median of 13.6× (7th most expensive 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 +2%, so the hurdle is -5 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.3 points above its cost of capital (5.0% WACC).
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥297B | ¥295B | ¥279B | ¥267B | ¥274B |
| Revenue growth | — | +6% | +5% | -3% | — |
| Gross profit | ¥62.0B | ¥62.1B | ¥55.5B | ¥51.0B | ¥51.4B |
| EBITDA | ¥50.4B | ¥50.8B | ¥46.3B | ¥44.2B | ¥45.2B |
| Net income | ¥30.4B | ¥31.3B | ¥26.9B | ¥25.0B | ¥24.6B |
| Free cash flow | n/a | ¥20.9B | ¥27.2B | ¥35.9B | ¥23.5B |
| Capital expenditure | n/a | ¥14.8B | ¥13.2B | ¥6.58B | ¥12.1B |
| Total debt | ¥60.6B | ¥70.6B | ¥40.5B | ¥30.0B | ¥20.0B |
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 |
|---|---|---|---|---|---|---|
| Kamigumi 9364.T | $2.71B | -12% | +5% | 12% | 15.5× | -3.2% |
| Sankyu 9065.T | $2.76B | -9% | 0% | 7% | 12.2× | -1.1% |
| Mitsubishi Logistics 9301.T | $2.67B | -15% | -1% | 6% | 16.0× | n/a |
| MITSUI-SOKO 9302.T | $1.52B | -22% | +6% | 7% | 17.8× | -1.6% |
| Sumitomo Warehouse 9303.T | $1.87B | +4% | +2% | 6% | 16.3× | 11.3% |
| Shibusawa Logistics 9304.T | $723M | +48% | +2% | 5% | n/a | 16.9% |
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 | 9364.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.8% | +0.2% | 6th lowest of 21 |
| 6-month return | -12.1% | -5.6% | 5th lowest of 21 |
| Distance from 52-week high | -21.5% | -17.3% | 6th lowest of 21 |
| Revenue growth (TTM) | +4.7% | +3.9% | 10th highest of 21 |
| Operating margin | 12.0% | 10.7% | 10th highest of 21 |
| Forward P/E | 15.5× | 13.6× | 7th most expensive of 19 |
| Growth the price implies (Req g, 7 yrs) | -3.2% | -1.7% | 7th least demanding of 15 |
| Growth delivered (Del g) | +1.9% | +8.8% | 2nd lowest of 15 |
| Hurdle (Req g minus delivered) | -5.1 pp | -9.6 pp | 7th most demanding of 15 |
| ROIC minus cost of capital | +1.3 pp | -0.4 pp | 8th highest of 21 |
| EV / EBITDA | 8.5× | 12.1× | 4th cheapest of 11 |
| Net debt / EBITDA | -0.1× | 1.5× | 3rd least indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Kamigumi 9364.T | Japan | $2.71B | -12% | +5% | 12% | 15.5× | -3.2% | +1.9% |
| Qinhuangdao Port 601326.SS | China | $2.70B | -5% | +2% | 23% | 10.3× | -10.9% | +2.7% |
| Sankyu 9065.T | Japan | $2.76B | -9% | 0% | 7% | 12.2× | -1.1% | +3.4% |
| Sichuan Expressway 0107.HK | Hong Kong | $2.84B | -11% | +8% | 26% | 8.0× | n/a | n/a |
| Xiamen Xiangyu 600057.SS | China | $2.59B | -14% | +9% | 1% | 8.7× | n/a | n/a |
| Xiamen Port Development 000905.SZ | China | $2.87B | -25% | +14% | 4% | n/a | 4.2% | +7.1% |
| Shenzhen Expressway 0548.HK | Hong Kong | $2.91B | -12% | 0% | 17% | 9.3× | 0.0% | +2.2% |
| SIA Engineering S59.SI | Singapore | $2.51B | -10% | -3% | 3% | 17.7× | 19.3% | +26.3% |
| Nagoya Railroad 9048.T | Japan | $2.38B | +8% | -2% | 5% | 11.0× | n/a | n/a |
| Beibu Gulf Port 000582.SZ | China | $3.14B | -25% | -1% | 21% | 18.6× | n/a | n/a |
| Guangzhou Baiyun International Airport 600004.SS | China | $3.18B | -6% | +9% | 11% | 25.2× | -12.5% | +8.8% |
| ENAV ENAV.MI | Italy | $3.19B | +8% | +3% | 9% | 26.9× | 13.8% | +6.0% |
| COSCO SHIPPING Ports 1199.HK | Hong Kong | $3.32B | +18% | +12% | 14% | 8.5× | 8.7% | +10.9% |
| Comfortdelgro C52.SI | Singapore | $2.19B | -10% | +9% | 9% | 15.0× | -8.2% | +9.3% |
| Japan Airport Terminal 9706.T | Japan | $3.46B | +16% | +8% | 17% | 19.2× | -2.3% | +40.7% |
| Guangzhou Port 601228.SS | China | $3.54B | -3% | -18% | 11% | n/a | n/a | n/a |
| Shenzhen Airport 000089.SZ | China | $2.08B | -5% | +5% | 17% | 14.2× | -6.4% | +11.4% |
| NANKAI 9044.T | Japan | $2.03B | 0% | +7% | 15% | 13.1× | n/a | n/a |
| Hutchison Port Holdings Trust NS8U.SI | Singapore | $1.96B | +7% | +5% | 42% | 15.3× | -10.5% | +1.7% |
| Atlas Arteria ALX.AX | Australia | $3.78B | -21% | +2% | -20% | 20.6× | -3.5% | +8.9% |
| Wilh. Wilhelmsen WWI.OL | Norway | $3.87B | +23% | -4% | 10% | 8.4× | 6.2% | +11.0% |