AZ-COM Maruwa Holdings Co.

What AZ-COM Maruwa Holdings Co. does

AZ-COM Maruwa Holdings Co. (AZ-COM丸和ホールディングス株式会社) is a Tokyo Stock Exchange Prime Section-listed pure holding company (Securities Code: 9090) that, through 26 group companies, operates one of Japan's largest third-party logistics (3PL) and transportation platforms. The group was founded in January 1970 by Masaru Wasami as a single-truck operation, incorporated in August 1973 as Maruwa Unyu Kikan Co., Ltd., and restructured into a pure holding company under its current name on October 1, 2022. It operates a national network of 269 logistics bases, a fleet of 2,680 vehicles, and a workforce of approximately 25,697 (5,241 regular plus 20,456 part-time), with FY2026/3 (April 2025–March 2026) net sales of JPY 230.5 billion (up from JPY 208.3 billion in FY2025/3).

The group's core service lines are organized around four verticals: e-commerce logistics (last-mile delivery, trunk transportation, and distribution center operations for platforms including Amazon Japan and Yamato Transport), cold-chain food logistics (supermarket center operations and production-area procurement for retailers such as Belk, Beisia, Mami Mart, Yamazawa, and Maruai), pharmaceutical and medical logistics (drugstore center operations and vendor-managed inventory for Matsukiyo Cocokara and Alfresa), and BCP/disaster logistics. Its proprietary technology stack centers on the Momotaro Delivery Brand system, which applies AI and IoT centralized management to order intake, dispatch, transportation, and delivery, supplemented by an in-house delivery vehicle matching system acquired with LUFI. Co., Ltd. in November 2024. The AZ-COM BCP Network, operated through the affiliated AZ-COM Maruwa Support Network (designated as a specified public institution under Japan's Basic Act on Disaster Management), holds disaster response agreements with 29 prefectures and 51 municipalities and aggregates 2,700 member companies with a stated growth target of 5,000 by FY2027 and 10,000 by FY2040.

The business model is B2B contract-based 3PL, with revenue generated through customized enterprise agreements covering e-commerce fulfillment, cold-chain distribution, pharmaceutical logistics, and BCP services. Go-to-market is sales-led direct enterprise targeting major retailers, e-commerce platforms, drugstore chains, pharmaceutical wholesalers, and supermarkets; pricing is not publicly disclosed and is built around customer-specific service scopes. Recent strategic moves include a basic partnership agreement with SeiNo Holdings (April 2026), the LUFI. Co., Ltd. acquisition (November 2024), the launch of the AZ-COM Matsubushi EAST DX facility (March 2026), and expansion of disaster-response mutual cooperation agreements with Timee, Camcam, and Fullcast during 2025.

Name

AZ-COM Maruwa Holdings Co.

Legal name

AZ-COM丸和ホールディングス株式会社 (AZ-COM MARUWA Holdings Inc.)

Website

https://az-com-maruwa-hd.co.jp

Company type

Public

Founded year

1970

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

AZ-COM Maruwa Holdings is a Japan-listed pure holding company (TSE Prime: 9090) managing 26 group companies that provide third-party logistics, transportation, cold-chain, pharmaceutical, and BCP logistics services through 269 bases and a 2,680-vehicle fleet for enterprise customers including Amazon Japan, Yamato Transport, Matsukiyo Cocokara, and Alfresa.

Ownership category

akta.pro rank

Product category

Third-Party Logistics Services

NAICS

Freight Transportation Arrangement (488510), Warehousing and Storage (493), Support Activities for Transportation (488)

SIC

Arrangement Of Transportation Of Freight & Cargo (4731), Public Warehousing & Storage (4220), Trucking & Courier Services (No Air) (4210)

akta.pro primary industry

E-commerce Fulfillment & Omnichannel Logistics (Pick/Pack/Returns) (TLAIAAAD)

akta.pro secondary industries

Produce & Floral Cold Chain Logistics (TLAIAIAH), Consumer Packaged Goods (CPG) & FMCG (TLAIALAH)

Keywords

• Third-party logistics
• Cold chain logistics
• Pharmaceutical distribution
• E-commerce fulfillment
• Disaster logistics services

Headquarters

HQ city

Yoshikawa

HQ country

Japan

HQ region

Asia

Offices17 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Logistics Business (Transportation & 3PL): Core revenue from third-party logistics services including e-commerce logistics (last mile, trunk transportation, distribution center operations), cold chain food logistics, and medicine & medical logistics. Revenue is generated through contract-based logistics services to retail industry customers.
2. Transportation/Delivery Services: Last mile delivery services using light vehicles and small trucks for home delivery, including cooperative individual delivery, net supermarket operations, and home appliance delivery and installation.
3. BCP Logistics Business: Business continuity planning logistics services providing disaster support to local governments and private enterprises.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

AZ-COM Maruwa Holdings is a pure holding company that manages 26 group companies providing B2B third-party logistics (3PL) services across Japan. Its subsidiaries deliver e-commerce logistics (last-mile and trunk transportation), low-temperature cold chain food logistics for supermarkets, medicine and medical logistics for drugstores, and business continuity planning (BCP) disaster logistics for local governments and enterprises.

Product overview

AZ-COM Maruwa Holdings is a pure holding company that operates primarily as a third-party logistics (3PL) and platform company, specializing in retail-focused logistics services. The company offers a comprehensive suite of logistics solutions through its group subsidiaries: MARUWA UNYU KIKAN serves as the core logistics business, while the AZ-COM brand provides AI and IoT-equipped logistics services including EC Ordinary Temperature 3PL, Low-temperature Food 3PL, and Medicine & Medical 3PL. The Momotaro Delivery Brand handles last-mile delivery services using light and small vehicles. Additionally, the AZ-COM BCP Logistics provides disaster preparedness and business continuity logistics support. The portfolio includes document management and real estate leasing services. In March 2026, the company launched AZ-COM Matsubushi EAST, a major logistics DX facility. The group also operates the AZ-COM Maruwa MOMOTARO'S rugby team.

Differentiator

Problem solved

Functional benefit

Brands

• Momotaro Delivery Brand: The company's core delivery service brand offering transportation and distribution services equipped with AI and IoT
• AZ-COM丸和MOMOTARO'S

Products and services

• AZ-COM (EC Ordinary Temperature 3PL) Third-party logistics service for e-commerce and ordinary temperature goods, providing transportation and distribution services equipped with AI and IoT centralized management for last-mile and trunk transportation logistics, including distribution center internal operations. Targets major e-commerce platforms such as Amazon Japan.
• Low-temperature Food 3PL Third-party logistics service for supermarkets providing center operations, procurement logistics, and production area logistics systems that deliver seasonal vegetables from farms to stores same-day. Targets supermarket operators such as Belk, Beisia, Mami Mart, Yamazawa, and Maruai.
• Medicine & Medical 3PL Third-party logistics service for drugstores providing center operations, vendor-managed inventory to reduce sales opportunity loss, and procurement logistics optimization supporting regional strategies. Targets pharmacy and pharmaceutical wholesale customers such as Matsukiyo Cocokara & Company and Alfresa.
• Momotaro Delivery Brand (桃太郎便) Brand for transportation and delivery services featuring light vehicle and small vehicle delivery to homes, including co-op individual delivery, online supermarket operations, and home appliance delivery and installation.
• Last Mile Delivery Delivery services using light vehicles and small vehicles to deliver directly to homes, including co-op individual delivery, net supermarket operations, and home appliance delivery and installation.
• EC Trunk Transportation Transportation logistics using medium to large vehicles for inter-facility delivery and store-to-store distribution services for e-commerce operations. Customers include Yamato Transport and PALTAC.
• AZ-COM BCP Logistics Business continuity planning logistics service providing nationwide logistics support network during disasters, including disaster support agreements with local governments and companies. Covers 29 prefectures and 51 municipalities with AZ-COM Network of 2,700 members.
• AZ-COM Matsubushi EAST Large-scale logistics DX facility promoting digital transformation in logistics operations, launched March 2026 to advance logistics DX initiatives.
• Document Management Services Secure storage, web-based searching, electronic viewing, and digitizing of important documents including application forms and contracts, provided by subsidiary AZ-COM Data Security Co., Ltd.
• Real Estate Leasing Services related to leasing management of buildings and parking lots centered on the metropolitan area.

Quantifiable outcome

• 29 prefectures and 51 municipalities with BCP support agreements
• +3 more outcomes

Named customers13 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• SeiNo Holdings (セイノーホールディングス)coreStrategic or Co-development Partner · 22 April 2026AZ-COM Maruwa Holdings and SeiNo Holdings have entered into a basic agreement for business partnership. The companies held a joint press conference explaining the business partnership, aiming to enhance logistics capabilities and service quality through collaboration.
• Fullcast (フルキャスト)minorStrategic or Co-development Partner · 21 November 2025Fullcast and AZ-COM Maruwa Holdings signed a mutual cooperation agreement for large-scale disaster response.
• Camcam (キャムカム)minorStrategic or Co-development Partner · 6 August 2025Camcam and AZ-COM Maruwa Holdings signed a mutual cooperation agreement for large-scale disaster response.
• Timee (タイミー)minorStrategic or Co-development Partner · 5 March 2025Timee and AZ-COM Maruwa Holdings signed a mutual cooperation agreement for large-scale disaster response.
• LUFI. Co., Ltd.coreStrategic or Co-development Partner · 1 November 2024LUFI. Co., Ltd. joined the AZ-COM Maruwa Group in November 2024. The company has strengths in online supermarket deliveries, in-house developed delivery vehicle matching system, and refrigerated/frozen vehicle delivery network within light cargo transportation business. Expected to strengthen sales system and boost quality of logistics services.
• Duskin (ダスキン)minorStrategic or Co-development Partner · 9 July 2024Maruwa Unyu Kikan and Duskin signed a mutual cooperation agreement for disaster response, providing emergency logistics support capabilities.
• Kumamoto Daido Seika (熊本大同青果)minorStrategic or Co-development Partner · 9 July 2023Maruwa Unyu Kikan and Kumamoto Daido Seika formed a business partnership for fresh food distribution.
• Belk (ベルク)minorStrategic or Co-development Partner · 25 January 2023Maruwa Unyu Kikan and Belk signed a mutual support agreement for disaster response.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Logisteed (formerly Hitachi Transport System): Japanese 3PL provider specializing in warehousing, distribution, and supply chain solutions for retail, pharma, and manufacturing — directly comparable in cold-chain and enterprise contract logistics.
• SENKO Group Holdings: Japanese logistics conglomerate providing 3PL, warehousing, and distribution services to retail, e-commerce, and manufacturing customers — closely comparable in business mix and target enterprise accounts.
• Yamato Holdings: Japan's largest door-to-door parcel and 3PL operator, offering last-mile delivery, EC logistics, and B2B contract logistics that directly overlap AZ-COM's e-commerce, cold-chain, and retail 3PL segments.
• Nippon Express Holdings: Global Japanese logistics major with extensive domestic 3PL, warehousing, and pharmaceutical logistics operations, serving many of the same enterprise retail, pharma, and e-commerce customers as AZ-COM.
• Seino Holdings: Major Japanese trucking and 3PL group; AZ-COM's new strategic partner, sharing overlapping capabilities in last-mile, EC logistics, and regional enterprise delivery — making it both a peer and a partner in the same Japanese market.
• SG Holdings (Sagawa Express): Major Japanese logistics group operating Hikyaku Express parcel delivery alongside B2B 3PL services including EC fulfillment, cold-chain, and enterprise logistics — directly comparable customer segments and service lines.

Broad incumbents

• Kintetsu World Express: Japanese global logistics provider offering freight forwarding, contract logistics, and supply chain solutions; overlaps with AZ-COM in domestic 3PL and warehouse services for retail and pharma customers.

Regional players

• Fukuyama Transporting: Regional Japanese trucking and logistics company with strong presence in western Japan; comparable in B2B trucking and last-mile delivery services but with narrower geographic coverage than AZ-COM.
• Keihan Hanshin Express Holdings: Japanese logistics group with strong Kansai/Western Japan presence offering freight transportation and warehousing; comparable in core trucking and 3PL activities but with a regional rather than nationwide footprint.
• Nishi-Nippon Railroad (Nishitetsu): Diversified Japanese group whose logistics subsidiary provides trucking and 3PL services in Kyushu and Western Japan; comparable in trucking and delivery operations but operates primarily in a different geographic footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries16 records

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about AZ-COM Maruwa Holdings Co.