Kamigumi

What Kamigumi does

Kamigumi Co., Ltd. (株式会社上組, TYO: 9364) is a Japanese integrated logistics company founded in 1867 alongside the opening of Kobe Port and headquartered in Kobe, Hyogo Prefecture. The company operates port transportation, warehousing, freight forwarding, third-party logistics (3PL), and heavy cargo transport services, anchored by self-operated container terminals at Tokyo Port and Kobe Port — a rare position among Japanese stevedoring companies. Its core platform spans a nationwide multi-temperature warehouse network (ambient, controlled-temperature, refrigerated/freezer, fumigation, silos), an asset-heavy specialized heavy-cargo fleet (Goldhofer trailers up to 3,840 tons, 1,000-ton hydraulic gantry lifters), and dedicated factory on-site logistics at steel mills and other industrial facilities.

Kamigumi generates revenue primarily through transaction fees from vessel cargo handling, customs clearance, and port service fees (port shipping), supplemented by recurring storage rental and handling charges across its warehouse network, managed-services fees from 3PL contracts, and transaction fees from forwarding and heavy cargo transport. It also operates ancillary non-logistics businesses including real estate, 25.5MW of solar power generation, and grid-connected battery storage systems. The go-to-market is exclusively direct B2B enterprise field sales with dedicated account management teams segmented by cargo type (grain, fruits, transportation equipment, steel, rice, port operations, forwarding, overseas logistics, 3PL, heavy machinery), targeting import/export manufacturers, trading companies, food and agricultural importers, heavy industry/energy customers, and renewable energy operators.

The company has been executing a deliberate international and energy diversification strategy since 2023, including a 15% stake in Indonesia's Patimban automobile terminal (2023), establishment of US operations in Los Angeles and Savannah with an FTZ-enabled Carson warehouse (2024-2025), a $75M acquisition of India's Saurashtra Freight (completed November 2025), new subsidiaries in India and Vietnam (2025-2026), a 50% stake in Vietnam's CLK Cold Storage (July 2026), and entry into grid-scale battery storage and hydrogen infrastructure. The company employs 1,001-5,000 staff (with a FY2030 target of 3,500), carries an AA- credit rating from R&I, and is a constituent of FTSE4Good, FTSE Blossom Japan, and FTSE Blossom Japan Sector Relative Indices.

Name

Kamigumi

Legal name

株式会社上組

Website

https://www.kamigumi.co.jp/

Company type

Public

Founded year

1947

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Kamigumi Co., Ltd. is a Japanese integrated logistics company operating port transportation, multi-temperature warehousing, freight forwarding, 3PL, and heavy cargo transport services from self-run container terminals at Tokyo and Kobe ports, serving enterprise manufacturers, trading firms, food importers, and heavy industry customers.

Ownership category

akta.pro rank

Headquarters

HQ city

Ashiya

HQ country

Japan

HQ region

Asia

Offices13 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Integrated Logistics Services (Port Shipping): Core port shipping and terminal operations including stevedoring, customs clearance, cargo handling, and container terminal operations at Tokyo and Kobe ports. Revenue from vessel cargo handling, documentation, and port service fees.
2. Warehousing and Storage: Storage services across multi-temperature warehouse network (ambient, controlled-temperature, refrigerated/freezer), silos for bulk cargo, and fumigation facilities. Revenue from storage rental and handling charges.
3. Forwarding Services: International freight forwarding covering ocean, air, land and rail transport arrangements, documentation, customs clearance, and door-to-door multimodal transport coordination.
4. Third-Party Logistics (3PL): Comprehensive outsourced logistics including distribution/sales logistics, procurement/production logistics, EC logistics, and distribution processing (sorting, inspection, labeling, packing, assembly).
5. Heavy Cargo Transport and Construction Engineering: Super-heavy and oversized cargo transport from factory loading through domestic/international transport to installation, including construction and demolition services for industrial facilities.
6. Real Estate Services: Rental apartment buildings, commercial facility development and leasing, and parking operations.
7. Solar Power Generation: Mega-solar power generation business using company facilities and land. Currently has 25.5MW of generation capacity.
8. Grid-connected Battery Storage Systems: Battery storage systems directly connected to power grids to stabilize electricity supply-demand balance, supporting renewable energy integration. Revenue from electricity trading in power markets.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Kamigumi provides integrated port-centric logistics services including harbor transportation (stevedoring, container terminal operations at Tokyo and Kobe), warehousing across multi-temperature zones, international freight forwarding, third-party logistics (3PL), multimodal transport, and heavy cargo transport and installation. The company also operates factory on-site logistics for steel mills and industrial plants, and non-logistics businesses such as real estate, solar power generation (25.5MW), and grid battery storage systems.

Product overview

Kamigumi is a comprehensive logistics company offering integrated logistics services centered on port operations at major Japanese ports (Tokyo, Kobe). The core Integrated Logistics Services platform encompasses port transportation, warehousing, customs clearance, freight forwarding, third-party logistics (3PL), and multi-modal transport. Supporting services include factory on-site logistics and heavy cargo transportation. Non-logistics operations include real estate, solar power generation, and grid battery storage. The company operates container terminals, cold storage facilities, and warehouses nationwide, expanding internationally with subsidiaries in USA, Mexico, India, Vietnam, and Indonesia.

Differentiator

Problem solved

Functional benefit

Products and services

• Integrated Logistics Services (総合物流サービス)
• Factory On-site Services (工場構内サービス) On-site logistics services at customer factories and warehouses covering raw material unloading, storage, secondary processing, product management, and shipping. Targeted at steel mills and industrial plants with continuous production flows.
• Heavy Cargo Transportation (重量貨物輸送サービス) Transportation services for super-heavy and oversized cargo such as power plant equipment, chemical plants, industrial machinery, and railway vehicles, using Goldhofer self-propelled modular trailers (up to 3,840 tons), large crawler cranes, and 1,000-ton hydraulic gantry lifters. Provides end-to-end services from factory removal to on-site delivery and installation.
• Port Transportation (港湾運送) Port transportation services including independently operated container terminals at Tokyo Port and Kobe Port, ship cargo handling, stevedoring, customs clearance, and documentation. Serves as a core node in international maritime transport.
• Warehouse and Storage (倉庫・保管) Warehouse and storage services nationwide with various temperature zones including ambient, controlled temperature (0-20°C), refrigerated/frozen (+10°C to -25°C), fumigation facilities, silos for bulk cargo, and dangerous goods storage. Designed for diverse cargo types including perishables, grains, machinery, and hazardous materials.
• Freight Forwarding (フォワーディング) International freight forwarding handling logistics arrangements from ship and air booking to documentation, customs clearance, and domestic/international transport coordination across sea, land, air, and rail. Provides door-to-door multimodal transport coordination.
• Third-Party Logistics (3PL) Comprehensive third-party logistics outsourcing including distribution and sales logistics, procurement and production logistics, EC logistics, and distribution processing (sorting, inspection, labeling, packing, assembly). Uses AGV-enabled warehouses for efficient operations.
• Transport (輸送) Multi-modal transport services combining land, sea, air, and railway transportation for international combined transport, including NVOCC operations and domestic coastal shipping.
• Kobe Uozaki Cold Storage (神戸魚崎冷蔵倉庫) Major cold storage facility completed December 2022 with multi-zone temperature capacity totaling 6,700+ tons, serving food and agricultural importers and distributors. Uses natural refrigerant systems and 500kW on-site solar power.
• Kasa Mega Power Storage (加西メガパワー蓄電所) Grid battery storage facility completed May 2026 with output of 13MW and capacity of 54.84MWh, contributing to grid stability and renewable energy adoption. Earns revenue from electricity trading in power markets.
• Other Services (その他サービス) Non-logistics businesses including real estate (rental apartment buildings, commercial facility development and leasing, parking operations), solar power generation (25.5MW capacity across company facilities), and grid-connected battery storage systems for renewable energy integration.

Quantifiable outcome

• 6-month revenue grew 6.4% to ¥146.52 billion with net profit up 12.8% to ¥15.25 billion
• +3 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Ten partnerships are on record, tiered growth, core and minor.

• 日本ロジテム株式会社 (Japan Logitem Co., Ltd.)growthStrategic or Co-development Partner · 2 July 2026Kamigumi acquired 50% equity in CLK Cold Storage Company Limited (Vietnam) and partnered with Japan Logitem for operations. Japan Logitem brings 30+ years of Vietnam operations experience and local network for joint collaboration.
• CLK Cold Storage Company LimitedgrowthStrategic or Co-development Partner · 2 July 2026Cold/frozen warehouse operator in Ho Chi Minh City, Vietnam, established 2015 by Japanese JV. 50% equity acquired by Kamigumi. Provides high-quality Japanese-standard cold/frozen logistics services.
• Kamigumi Logistics Vietnam Co., Ltd.coreOthers · 12 June 2026Kamigumi's wholly-owned subsidiary in Vietnam, established May 2026. Located in Phu My 3 Special Industrial Zone, serving Japanese companies and cross-border logistics needs in southern Vietnam.
• NYK Line (日本郵船)minorChannel Partner/ Reseller/ Distributor · 14 April 2026NYK Line's pure car and truck carrier Hyperion Leader completed first vessel call at Patimban automobile terminal (April 2026), where Kamigumi holds 15% stake. NYK is a shareholder in PICT at 25%.
• 合同会社海の森水素ステーション (Umimori Hydrogen Station JV)growthStrategic or Co-development Partner · 11 June 2025Joint venture for hydrogen station in Tokyo: Kamigumi 51%, Toyota L&F Tokyo 24.5%, SKM 24.5%. Located within Kamigumi Tokyo Multi-purpose Logistics Center. JV capital ¥10 million. Hydrogen station expected to supply FC forklifts, FC trucks, and FC buses.
• i Labo株式会社 (i Labo Corporation)growthStrategic or Co-development Partner · 31 March 2025Kamigumi invested in i Labo Corporation, which develops hydrogen engines and hydrogen conversion for diesel engines. i Labo conducted hydrogen engine vehicle cargo delivery demonstration between Haneda Airport and a nearby theme park.
• バンプージャパン株式会社 (Bum Pooja Japan)minorStrategic or Co-development Partner · 11 March 2025Co-founded SPC 'Tokyo Umimori Battery Business合同会社' with Bum Pooja Japan for Tokyo Umimori Battery Storage project. Located at Kamigumi Tokyo Multi-purpose Logistics Center.
• 川崎汽船株式会社 (Kawasaki Kisen KaishagrowthStrategic or Co-development Partner · 27 September 2024Kamigumi agreed to acquire shares in the holding company established for K Line's consolidated subsidiary Kayline Logistics Co., Ltd., strengthening domestic logistics capabilities and international network.
• PT. Patimban International Car Terminal (PICT)coreStrategic or Co-development Partner · 21 August 2023Kamigumi acquired 15% equity stake in PICT (June 2023), a joint venture for automobile terminal operations at Patimban New International Port, Indonesia. Shareholder structure: Toyota Tsusho Group 34%, Toyofuji Shipping 26%, NYK 25%, Kamigumi 15%. Terminal targets 800,000 vehicles/year capacity.
• Toyota Tsusho Corporation GroupcoreChannel Partner/ Reseller/ Distributor · 21 August 2023Toyota Tsusho holds 34% in PT. Patimban International Car Terminal. Leading shareholder and anchor tenant/customer for the automobile terminal operations.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Yusen Logistics: Global 3PL and forwarding arm of NYK Group, offering contract logistics, international freight forwarding, and supply chain management. Comparable to Kamigumi's international forwarding and 3PL businesses for enterprise B2B customers.
• Mitsubishi Logistics Corporation: Japanese logistics company with port-adjacent warehousing, real estate, and integrated logistics services. Comparable to Kamigumi in its mixed port-centric logistics + real estate revenue model and Tokyo-headquartered B2B customer base.
• Nippon Express Holdings: Japan's largest integrated logistics company, offering forwarding, 3PL, warehousing, and heavy cargo transport. Directly comparable to Kamigumi as a domestic B2B logistics provider serving enterprise manufacturers and trading companies, with overlapping services in international multimodal transport and warehousing.
• Kintetsu World Express: Japan-headquartered global forwarder with strong Asia-Pacific footprint offering air/ocean freight forwarding, contract logistics, and 3PL. Comparable to Kamigumi's forwarding and 3PL businesses in serving Japanese manufacturers' international supply chain needs.
• Hitachi Transport System (LOGISTEED): Major Japanese 3PL provider offering forwarding, contract logistics, and supply chain solutions. Comparable to Kamigumi's 3PL business in serving enterprise manufacturers with outsourced distribution and warehousing services.
• Senko Group Holdings: Japanese logistics and trading group with warehousing, 3PL, international forwarding, and logistics facility development. Comparable to Kamigumi in operating multi-temperature warehouses and integrated logistics for trading companies and manufacturers.
• Sankyu Inc. Japanese logistics company specializing in port cargo handling, warehousing, international forwarding, and heavy cargo transport. Closely comparable to Kamigumi in core service mix (stevedoring, port transportation, heavy lift, plant logistics) and customer profile (steel mills, manufacturers).

Broad incumbents

• Hutchison Ports: Hong Kong-headquartered global port operator and subsidiary of CK Hutchison, operating container terminals worldwide. Comparable to Kamigumi's container terminal operations at Tokyo and Kobe, though Hutchison operates a global portfolio vs. Kamigumi's Japan-centric footprint.
• PSA International: Singapore-headquartered global port operator managing container terminals across Asia, Europe, and the Americas. Comparable to Kamigumi as a port terminal operating company, though PSA is significantly larger and operates container-only terminals globally vs. Kamigumi's domestic multi-cargo focus.
• Nippon Yusen (NYK Line): One of Japan's largest ocean shipping companies with deep involvement in automobile terminal operations (25% stake in Patimban PICT with Kamigumi). Comparable as a strategic partner/customer for Kamigumi's port operations, though NYK is primarily an ocean carrier vs. Kamigumi's port-centric model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles20 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kamigumi